Concept

WWE

World Wrestling Entertainment, Inc., d/b/a WWE is an American professional wrestling promotion. A global integrated media and entertainment company, WWE has also branched out into other fields, including film, American football, and various other business ventures. The company is additionally involved in licensing its intellectual property to companies to produce video games and action figures. The promotion was founded in 1953 as the Capitol Wrestling Corporation (CWC) as a Northeastern territory of the National Wrestling Alliance (NWA). Following a dispute, CWC left the NWA and became the World Wide Wrestling Federation (WWWF) in April 1963. After rejoining the NWA in 1973, the WWWF was renamed to World Wrestling Federation (WWF) in 1979 before the promotion left the NWA for good in 1983. The company's majority owner is its executive chairman, third-generation wrestling promoter Vince McMahon, who retains a 38.6% ownership of the company's outstanding stock and 81.1% of the voting power. The current entity, which was originally named Titan Sports, Inc., was incorporated on February 21, 1980, in South Yarmouth, Massachusetts, but reincorporated under Delaware General Corporation Law in 1987. It acquired Capitol Wrestling Corporation Ltd., the holding company for the WWF, in 1982. Titan was renamed World Wrestling Federation Entertainment, Inc. in 1999, and then World Wrestling Entertainment, Inc. in 2002. Since 2011, the company has branded itself solely with the initials WWE, though the legal name has not changed since 2002. WWE is the largest wrestling promotion in the world, with its main roster divided up into two primary touring groups, Raw and SmackDown, along with a developmental roster, NXT, based in Orlando, Florida (referred to by WWE as "brands"). Overall, WWE is available in more than one billion homes worldwide in 30 languages. The company's global headquarters is located in Stamford, Connecticut, with offices in New York, Los Angeles, Mexico City, Mumbai, Shanghai, Singapore, Dubai, and Munich.

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Professional wrestling
Professional wrestling is an athletic form of theater that revolves around mock combat performed in a squared ring. The storylines are typically based around interpersonal conflicts between good-natured "faces" and villainous "heels". While the ring is the main stage, additional scenes may be recorded for television in the backstage areas of the venue, in a format similar to reality television. Professional wrestling as a form of theater evolved out of the commonplace practice of match fixing among American wrestlers stretching back to the late 19th century.
Glossary of professional wrestling terms
Professional wrestling has accrued a considerable amount of jargon throughout its existence. Much of it stems from the industry's origins in the days of carnivals and circuses. In the past, professional wrestlers used such terms in the presence of fans so as not to reveal the nature of the business. Into the 21st century, widespread discussion on the Internet has popularized these terms. Many of the terms refer to the financial aspects of professional wrestling in addition to in-ring terms.
Professional wrestling match types
Many types of wrestling matches, sometimes called "concept" or "gimmick matches" in the jargon of the business, are performed in professional wrestling. Some gimmick matches are more common than others and are often used to advance or conclude a storyline. Throughout professional wrestling's decades long history, some gimmick matches have spawned many variations of the core concept. The singles match is the most common of all professional wrestling matches, which involves only two competitors competing for one fall.
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