The pre-determined aspect of professional wrestling was publicly acknowledged by WWE's owner Vince McMahon in 1989 in order to avoid taxes from athletic commissions. Īs in other professional wrestling promotions, WWE shows are not legitimate contests but entertainment-based performance theater, featuring storyline-driven, scripted, and partially-choreographed matches however, matches often include moves that can put performers at risk of injury, even death, if not performed correctly. The company's global headquarters is located in Stamford, Connecticut, with offices in New York, Los Angeles, London, Mexico City, Mumbai, Shanghai, Singapore, Dubai, Munich, and Tokyo. It is the largest wrestling promotion in the world, holding over 450 live events a year, with the roster primarily divided up into three globally traveling brands, and is available to 900 million homes worldwide in 28 languages. The WWE name also refers to the professional wrestling promotion itself, which was founded in 1953 as the Capitol Wrestling Corporation. WWE has also branched out into other fields, including film, American football, and various other business ventures. World Wrestling Entertainment, Inc., d/b/a WWE, is an American integrated media and entertainment company that is primarily known for professional wrestling.
