Реферат: Wwf Wrestling Essay Research Paper 1The company

Wwf Wrestling Essay, Research Paper

1

The company that I researched for this paper is the World Wrestling Federation

Entertainment. The company was organized and founded in the early 1940?s by Vincent

McMahon Sr. The current owner and CEO is McMachon?s son, Vincent Kennedy McMahon

Jr. The World Wrestling Federation (WWF) is headquarters in the Titan Tower, in Stamford

Connecticut. The WWF specializes in the area of Pro Wrestling, which are ?scripted fights?

in which highly trained athletes simulate a fighting experience. The ?sport? of Pro Wrestling

has been around since the middle of the 19th century. In early times the ?fighting? was real

(in fact Abe Lincoln was an early wrestling champion) but the fighting turned ?fake? in the

early 1990?s. The performers in Pro Wrestling are regarded as independent contractors who

sign with an individual company to perform exclusively with that company. There are

currently no unions, benefits, or retirement plans for any of the wrestling performers, a

controversial topic in the industry. This practice may change in the future. Today, Pro

Wrestling is a billion dollar business with its ?performers? recognized throughout the

civilized world.

The are a wide variety of products and services offered by the WWF. The main service

offered by the company is entertainment by way of television programming. The WWF

produces a number of television shows throughout the United States and abroad, and have

had a tremendous amount of success. Many of their recent successes have been:

- announced approximately a 230% increase for television advertising

gross sales for calendar fourth quarter at $33 million compared to $10 million

in calendar fourth quarter 1998 (wwf.com)

-The success of their flag ship program, RAW IS WAR, on the USA Cable

Network. Which is currently averaging around a 7.0 market share on Monday nights. It is the

number #1 show with the male 16-34 year old audience. (1wrestling.com)

-The WWF recently introduced the newest show, SMACKDOWN, on the UPN

Network, on Thursday nights. The show is a run away success for the station and WWF

averaging a Neilson rating in the middle fours.

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