WWE, or World Wrestling Entertainment, Inc., is the world's largest wrestling promotion, operating as a global sports entertainment company. Founded in 1980 as Titan Sports by Vince McMahon, it has evolved into a multifaceted media organization with operations in media, live events, and consumer products[1][6]. WWE's main roster is divided into two touring brands, **Raw** and **SmackDown**, with developmental brands like **NXT** and **Evolve**[1]. ### History and Key Achievements - **Early Years**: Initially known as Titan Sports, the company was renamed World Wrestling Federation (WWF) and later World Wrestling Entertainment (WWE)[1]. - **Global Reach**: WWE's programming is available in over a billion homes worldwide, broadcast in multiple languages[2]. - **Notable Events**: WWE has hosted numerous iconic events, including WrestleMania, SummerSlam, and the recent Evolution event, which marked the first all-women's wrestling event broadcast on both Netflix and Peacock[3]. ### Current Status - **Mergers and Acquisitions**: In 2023, WWE merged with UFC's parent company, Zuffa, forming **TKO Group Holdings**. This move positioned WWE under the majority ownership of Endeavor Group Holdings[1][4]. - **Recent Developments**: WWE has seen significant changes in leadership and operations. Vince McMahon stepped down and later departed, with Ari Emanuel taking over as executive chairman of TKO Group[1][4]. - **Ticket Pricing**: Post-merger, WWE ticket prices have nearly doubled, reflecting a shift in the company's pricing strategy in the live event market[7]. ### Notable Aspects - **Creative Structure**: WWE's creative team is led by Paul "Triple H" Levesque, with a hierarchical structure involving lead writers for each brand[5]. - **Partnerships**: WWE recently announced a multi-year partnership with TNA Wrestling