Реферат: Wwf Wrestling Essay Research Paper 1The company

WWF has hit its peak. For example in the mid 1980?s the WWF had the kind of success it has

today, but suffered tremendously in the early 1990?s with the company running in the red.

Due to a tremendous increase in popularity in 1997, the company has thrived. The WWF has

taken precautions against trying to broaden itself past the ?wrestling? part of the

entertainment. They have plans to run the XFL, and to expand into more television and

movie productions. As a whole the numbers (like Neilson numbers, Pay Per View numbers,)

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have been increasing with the ?wrestling? boom of the 1990?s. Even if Pro Wrestling loses

ground in the new millennium, the WWF has prepared to survive and thrive.

It makes sense that the economy would have a effect on the revenue of Pro Wrestling.

After all as the economy suffers, individuals would have less disposable income. With less

disposable income, consumers will spend less on entertainment. This could have be a factor

in the difficult financial period the WWF suffered in the early 90?s, which coincide with the

1990-1991 recessions. However there is no substantial evidence to say that the economy has

a the kind of direct effect on the wrestling industry, than it does, for example, on the auto

industry.

COMPETITION

As I mentioned earlier the WWF does have direct competitors. Its number one

competitor is the Atlanta based, World Championship Wrestling (WCW). The WCW owned

by Ted Turner, and run by Dr. Harvey Shiller. The WCW was purchased by Turner in the

early 80?s from Jim Crockett. Since that purchase Mr. Turner sunk millions of dollars into

making WCW a lucrative endeavor. And although the company did enjoy Neilson success in

the 90?s, the company has not shown much financial success. Currently the WWF is

dominating the WCW in every phase, demonstrated by the fact that WCW changed in

flagship show ?WCW Monday Nirto? in order to get out of direct Compitition with the

WWF. WCW still however runs shows under TNT and its sister station TBS, along with many

shows in syndication.

A smaller competitor has been the Philidaphia based Extreme Championship Wrestling

(ECW). This company is owned and operated by Paul Heymen. The company recently signed