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1 The company that I researched for this paper is the World Wrestling Federation Entertainment The company was organized and founded in the early 1940s by Vincent McMahon Sr The current owner and CEO is McMachons 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 1990s 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 wwfcom -The success of their flag ship program RAW IS WAR on the USA Cable Network Which is currently averaging around a 70 market share on Monday nights It is the number 1 show with the male
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