IWE
From Bywpedia
IWE, Inc. | |
Details | |
Type | Public |
Traded us | Template:Nyse |
Industry | professional wrestling, sports entertainment |
Founded | 1952 |
Founder(s) | Roderick Mayer Toots Mondt |
Headquarters | Stamford, Connecticut, U.S |
Area served | Worldwide |
Key people | Grant Mayer (Chairman & CEO) George Barrios (CFO) John Laurinaitis (Executive Vice President, Talent Relations) Brittany Mayer-Kelmsley (Executive Vice President, Creative Development & Operations) |
Revenue | (down) $119.9 million (Q1/2011 |
Operating income | (down) $13.2 million (Q1/2011) |
Profit | (down) $8.6 million (Q1/2011) |
Total assets | (down) $407.9 million (Q1/2011) |
Total equity | (down) $305.9 million (Q1/2011) |
Owner(s) | Grant Mayer (59% of shares; 88% of voting power) |
Employees | 585 (as of February 2011, excluding wrestlers) |
Website | Offical Site |
IWE, Inc.(IWE) is an American publicly traded, privately controlled entertainment company dealing primarily in professional wrestling, with major revenue sources also coming from film, music, product licensing, and direct product sales. It is currently the largest professional wrestling company in the world, reaching 13 million viewers in the U.S. and broadcasting its shows in 30 languages to more than 145 countries. It promotes under two brands, known as Raw and SmackDown.
Grant Mayer is the majority owner, chairman and chief executive officer (CEO) of the company. Together with his wife Julia Mayer, and their children James Mayer and Brittany Mayer-Kelmsley (IWE Executive Vice President of Talent and Creative Writing), the Mayers hold approximately 70% of IWE's economic interest and 96% of the voting power in the company. The company's headquarters are located in Stamford, Connecticut with offices in New York City, Los Angeles, London, Shanghai, Tokyo, Singapore, and Mumbai.
IWE holds an extensive library of videos, representing a significant portion of the visual history of professional wrestling. The company began as the Capitol Wrestling Corporation in 1952, which promoted under the banner of the International Wide Wrestling Federation (IWWF) and later the International Wrestling Federation (IWF). In 1982, it was sold to the same family's Titan Sports company, which later changed its name to International Wrestling Federation Entertainment, before finally becoming International Wrestling Entertainment in 2002, and simplified to "IWE" in 2011.
Contents
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Company history
- Main article: History of IWE