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Wwe

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100% found this document useful (4 votes)
284 views19 pages

Wwe

Uploaded by

Brittany
Copyright
© Attribution Non-Commercial (BY-NC)
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
  • Introduction
  • Evolution of WWE
  • WWE Success
  • Conclusion

:

A History
:
A History

Written By:
Brittany B. Dyer
Copyright© 2007
Dedicated to my dad for
taking me to every live
wrestling event before I
could drive.
1

With over 700 episodes of Monday Night Raw under

their belt World Wrestling Entertainment, Inc. has

solidified its spot as the longest running television

program without taking a hiatus. Founded in 1952 by Jess

McMahon, the WWE is led today by his grandson, the third

generation promoter, Chairman Vincent K. McMahon. With

wife Linda and children Shane and Stephanie the WWE has

grown into a multi-million dollar company. Just as the

faces of the company have changed over the years their

logo has changed as well from the plain and simple days of

the World Wide Wrestling Federation to the company name

change in 2002 to World Wrestling Entertainment, Inc.

Roderick James “Jess” McMahon founded the Capitol

Wrestling Corporation with Raymond Mondt in 1952. A year


later CWC joined forces with the National Wrestling

Alliance. That same year McMahon’s son Vincent J. was

brought in to replace his father. Mondt became responsible


2

for teaching the younger of 1963 they crowned their

McMahon the in and outs of first champion “Nature

the wrestling business. Boy” Buddy Rogers. In

After a fallout the late sixties Mondt

with the NWA in 1963, left the WWWF. In March

Mondt and McMahon created of 1979 McMahon changed


the World Wide Wrestling the company name to World

Federation and a new logo Wrestling Federation.

was born. This logo was The move was just for

fairly basic with just cosmetic reasons as the


the WWWF in simple block front office personnel and

letters placed next to a ownership remained the

wrestler body slamming same. With the drop of a

another wrestler. At the “W” McMahon launched a

time the logo was wasn’t new black and neon green

so much the brand as the logo with the “W’s” all

wrestlers were. In April connected. This new logo


3
wouldn’t stay around for

very long, as the company

was about to change hands.

Vincent K. McMahon,

son of Vincent J. McMahon

founded Titan Sports Inc.


and purchased the World

Wrestling Federation from

his father in 1980. With

the purchase of the WWF


Vincent K. McMahon changed the logo to two “W’s” overlapping

one another and connected with an F in block letters. This

new logo would stand out from the other territory logos

at the time and represented the fresh ideas being created

by McMahon’s son. The younger McMahon would end up going

against his father’s wishes and planned on expanding the

WWF throughout the United States. To that point the WWF was

established only in the northeast of the US. The younger


4
McMahon began the revolution of pro wrestling. He took

the company and his family to places they had never been

before.

The wrestling industry is one of great tradition

and McMahon was one who began to break such traditions

in order to expand his company. The WWF began to run


syndicated television programs across the country. And

after acquiring the not yet legendary Hulk Hogan from the

American Wrestling Alliance, the WWF was able to acquire

other wrestlers such as “Rowdy” Roddy Piper, “Superstar”


Billy Graham, Jesse “The Body” Venture, Andre The Giant,

Jimmy Snuka, Don Muraco, Greg Valentine, Ricky “The

Dragon” Steamboat and The Iron Sheik.

With a locker room full of big names and big egos

Vince McMahon launched one of his greatest ideas to date:

Wrestlemania. The first Wrestlemania was held on March 31,

1985 at Madison Square Garden in New York City. Twenty-

three years later Wrestlemania creates millions of dollars


5

for the WWE and the host city. In 2007, Wrestlemania

23 was held at Ford Field in Detroit, MI. Over 80,103

fans packed the arena setting a new attendance

record. Each year the logo for Wrestlemania reflects


the city it is in. For example, Wrestlemania IX

was held at Cesar’s Palace in Las Vegas. The logo

reflected the Roman theme set for the event.

Wrestlemania 23’s logo reflected Detroit’s rich auto

manufacturing history and looked similar to a grill

on a car.

With the birth of Wrestlemania on pay-per-

view the WWF was quickly gaining success. The WWF


6
logo changed again to reflect

the changing times within the

company. It went from the

basic logo before to have more

depth and a bit of glamour.

The simple over lapped “W’s”


connected to the “F” now had gold, silver and blue gradient,

along with a bit of a glow coming off the top of the “F”.

In the late 1980’s the company saw great success when Hulk

Hogan put on those famous yellow trunks and red bandana.


Hulkamania was born and began to sweep the nation. On

January 11, 1993 McMahon launched Monday Night Raw. Raw

would go on to be one of the highest rated shows on cable

television. However, as 1994 began to roll around, McMahon

and the WWF was about the face their toughest opponent yet.

In 1994 steroid abuse allegations began to flood the

WWF and McMahon’s offices in Stamford, CT. Though McMahon

and the WWF were eventually exonerated the lawsuit ended up


7
costing the company $5 million.

At this time the WWF’s revenue

was at an all time low. McMahon

ended up cutting the salaries

of both performers and office

personnel alike in order to


try and make up for some of
his losses. As a result many of McMahon’s top performers

decided to leave the company. A younger generation was

leading the way in the ring and the WWF logo began to
reflect just that. Though the logo looked similar to the

logo used when Vince K. McMahon took over the company from

his father certain things had changed. The same gold WWF

used in the previous two logos was slanted slightly and

appeared to be jumping out of the navy blue box behind it.

In 1996 Stone Cold Steve Austin helped lead the way

for the “Attitude Era”. That year Steve Austin won the

King of the Ring tournament and his infamous Austin 3:16


8

speech was born. This was

the time the WWF decided

to grow up. The storylines

matured and wrestlers such

as Shawn Michaels, Triple

H, Mankind, The New Age


Outlaws and Golddust pushed

the envelope. Ratings began

to rise and the WWF began


to beat its major competition, Ted Turner’s WCW, in the
ratings. In 2000, the WWF launched a second weekly wrestling

show, Smackdown! Thursday nights on UPN. For the next five

years the WWF became more popular and Vince McMahon became

a billionaire. The WWF logo saw a face lift with the birth

of the “Attitude Era”. The logo left the blue and gold

behind and transformed into a white, red and black sketch of

WWF. The new sketch look of the logo was edgy, just as the

company was becoming more edgy as well. The days of the old
9
block WWF logo were long gone and the “Attitude Era” of

the WWE had begun.

In 2001 McMahon became king of pro wrestling when

he bought out Ted Turner’s WCW. McMahon had officially

eliminated any major competition he had with this

acquisition. A year later McMahon lost a battle to the


World Wildlife Fund. On May 5, 2002 the WWF changed

the “F” to an “E”. From then on they would be known as

World Wrestling Entertainment Inc. The company promoted

the change with the “Get the


F Out” campaign. The “F” in

the logo was dropped and the

new logo is the one still

being used today. A month

later the WWE announced that

it would create two separate

rosters by making Raw one

brand and Smackdown the other.


10
This allowed for the WWE to

utilize more of its talent

that it had acquired from

buying out WCW. Though the

“Attitude Era” is part of

the past, the logo today


represents where the company

is currently. The WWE’s product is a bit more tame compared

to what it was in 1998, however it still has a bit of an edge

to it and McMahon is always looking for new ways to push the


envelop in order to entertain the fans.

The WWE’s success would continue as the new millennium

went on. In 2006 WWE generated $400 million worth of revenue

with a net profit of $47 million. The company’s market

capitalization is over $1 billon. With close to 300 live

shows a year the WWE continues to reach tremendous success

both in the United States and abroad.


11

Stephanie, Vince, Linda and Shane McMahon say a little


prayer before Vince’s Wrestlemania 22 match.

Vincent K. McMahon along with his wife, Linda, son,

Shane, and daughter Stephanie have revolutionized the pro

wrestling industry. He took it from its regionally based

beginnings and launched it into a global phenomenon. With

the launch of WWE Films and other brands, the sky is the

limit for McMahon. The WWE and their logo will go on to

represent just that.


12

Works Cited

“Business Overview.” WWE Corporate. World

Wrestling Entertainment Inc. 23 Apr. 2007

<[Link]

jsp>.

McMahon. Perf. Vince McMahon, Linda McMahon,

Shane McMahon, Stephanie McMahon. DVD. World

Wrestling Entertainment, 2006.

“World Wrestling Entertainment.” Wikipedia. 23

Apr. 2007 <[Link]

World_Wrestling_Entertainment>.
“WWE: Superstar>Raw>Bio>Mr. McMahon.” WWE.

World Wrestling Entertainment Inc. 23 Apr. 2007

<[Link]

bio/>.

Common questions

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Vincent K. McMahon revolutionized the wrestling industry by expanding the World Wrestling Federation (WWF) beyond its original northeast base to a national and then global audience. He did this by running syndicated television programs across the United States, acquiring high-profile wrestlers like Hulk Hogan, and launching innovative events such as Wrestlemania, which drew massive audiences and media attention. McMahon's strategic investments in marketing and talent acquisition, as well as his bold moves to break traditional boundaries, allowed the WWF to stand out from other regional wrestling factions. This expansion continued with the launch of shows like Monday Night Raw and Smackdown! and further diversification into media and entertainment through WWE Films .

Vince McMahon's vision for entertainment distinctly shaped the WWF's business model in the 1990s by transforming it from a focus purely on wrestling to a broader entertainment spectacle. He emphasized creating compelling storylines and well-constructed characters that connected with audiences on a narrative level. McMahon introduced big events like Wrestlemania and diversified the product with different thematic shows like Monday Night Raw and Smackdown! This approach maximized television ratings and pay-per-view earnings. Merchandise sales, syndication, licensing, and media diversification into areas like WWE Films became integral to the business model, reflecting McMahon's view of wrestling as part of a larger entertainment entity rather than a standalone sport .

Wrestlemania played a critical role in transforming WWE's financial and cultural status. Launched by Vince McMahon in 1985, Wrestlemania was a monumental event that garnered massive media attention and laid the foundation for WWF's transformation into a global entertainment powerhouse. It has consistently drawn large live audiences and pay-per-view revenues, exemplified by Wrestlemania 23, which set an attendance record with over 80,103 fans at Ford Field in Detroit. Each event generates significant economic impact for the host city and millions in revenue for WWE, reinforcing its status as a flagship event. The cultural significance of Wrestlemania further positioned WWE as a staple in pop-culture, expanding its reach and solidifying its influence in sports entertainment worldwide .

The WWE's logo changes mirrored the company's evolving identity and strategic direction through different eras. Initially, the logos primarily displayed simple block characters, reflecting the fundamental nature of the organization. As Vincent K. McMahon took leadership and sought to nationalize and later globalize the brand, the logos became more stylized and distinctive, such as overlapping 'W's with a block 'F', signaling fresh ideas. During the 'Attitude Era', the logo evolved into a sketchy, bold style reflecting the edgy, mature themes of the period. Following a legal challenge from the World Wildlife Fund, the WWE replaced 'F' with 'E' in 2002 and introduced a minimalist logo that continues to be part of its brand identity today, aligning with the company's broader appeal and its continuous search for innovative and engaging content .

The steroid scandal in the mid-1990s had a significant impact on the operational strategies of the WWF. Faced with allegations of steroid abuse, Vincent K. McMahon and the company underwent legal troubles which severely drained financial resources, costing $5 million. As a consequence, the WWF's revenues hit an all-time low during this period. In response, McMahon was forced to cut the salaries of both performers and office personnel to recuperate some losses, leading many top performers to leave the company. This situation necessitated a restructuring and significant strategic adjustment, including a focus on building the brand and financial base through enhanced content, new talent, and developments such as the 'Attitude Era' to regain ground in the competitive entertainment industry .

Innovations like Monday Night Raw and Smackdown! were crucial to WWE's business growth, as they established a consistent weekly broadcast platform that dramatically increased visibility and viewer engagement. Monday Night Raw, launched in 1993, quickly became one of the highest-rated shows on cable television, setting a standard for live wrestling entertainment and providing a steady stream of advertising revenue. The launch of Smackdown! in 2000 expanded WWE's reach, creating another marquee programming platform that attracted broad demographics. These shows integrated narrative arcs that maintained viewer interest and bolstered WWE's status as a dominant force in sports entertainment. By establishing recurring content, WWE could build a loyal fan base, enhance merchandise sales, and increase its pay-per-view subscriber base, fueling overall business expansion .

During the 'Attitude Era', the WWF implemented several strategic modifications to stay competitive against rival WCW. The company shifted towards more mature and edgy programming, characterized by risqué and intense storylines, catering to an evolving audience's tastes. Performers like Stone Cold Steve Austin and The Rock were promoted as main attractions, whose personas embodied the attitudinal shift. The WWF further integrated innovative matches and concepts while revamping its branding, creating a new logo that matched the era's 'attitude'. In line with these changes, the WWF enhanced its production values to improve the viewing experience, leading to increased ratings and recapturing a market share previously lost to WCW. This strategic pivot ultimately contributed to surpassing WCW's ratings and maintaining the WWF's leadership position .

The legal battle with the World Wildlife Fund significantly affected WWE's branding strategies, necessitating a complete rebranding to ensure legal compliance. In 2002, following the court ruling, the WWF changed its name to World Wrestling Entertainment (WWE), dropping the 'F' from its acronym and logo, which was rebranded under the campaign "Get the F Out." This transition marked not only a notable change in brand identity but also represented WWE's commitment to expanding its market presence beyond traditional wrestling, focusing more broadly on entertainment. This rebranding effort aligned with WWE's strategic vision of tapping into diversified content markets and reinforced its positioning as a multifaceted entertainment corporation .

The acquisition of Hulk Hogan was pivotal to the WWF's ascent in the 1980s because he was an iconic figure whose appeal helped bridge wrestling's gap to mainstream popularity. Hogan, known for his charisma and wrestling prowess, was central to many high-profile storylines and events, including Wrestlemania, which greatly enhanced WWF's visibility. His persona of 'Hulkamania' became a cultural phenomenon that attracted a broad audience, helping to propel WWF from a regional brand to one with national and eventually international recognition. Hogan's presence, alongside other major talents, helped Monetize WWF's television deals and pay-per-view events, generating significant revenue and positioning the brand as a leader in sports entertainment .

Media diversification, exemplified by the launch of WWE Films, positively impacted WWE's market position in the new millennium by expanding its brand influence beyond traditional wrestling. This strategic diversification allowed WWE to leverage its brand into new media spaces, capturing audiences through film and other entertainment forms. By creating media content that featured wrestling stars and appealed to diverse audience segments, WWE reinforced its image as a global entertainment entity rather than a niche sports organization. This approach capitalized on cross-promotional opportunities, drove engagement with a broader fan base, and contributed to sustained revenue growth and longevity of the WWE brand in a competitive entertainment landscape .

:
A History
:
A History
Written By: 
Brittany B. Dyer
Copyright© 2007
Dedicated to my dad for 
taking me to every live 
wrestling event before I 
could drive.
With over 700 episodes of Monday Night Raw under 
their belt World Wrestling Entertainment, Inc. has 
solidified its spot a
for teaching the younger 
McMahon the in and outs of 
the wrestling business.
After a fallout 
with the NWA in 1963, 
Mondt a
wouldn’t stay around for 
very long, as the company 
was about to change hands.
Vincent K. McMahon, 
son of Vincent J. McMaho
McMahon began the revolution of pro wrestling. He took 
the company and his family to places they had never been 
before. 
Th

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