In 2014, he launched the WWE Network, a subscription video on-demand over-the-top streaming service. McMahon has embarked on a number of WWE-related ventures. WWE also purchased the assets of the defunct Extreme Championship Wrestling (ECW) in 2003. WWE faced industry competition from World Championship Wrestling (WCW) in the 1990s before purchasing and absorbing WCW in 2001. McMahon graduated from East Carolina University with a degree in business in 1968, and began his tenure in professional wrestling as a commentator for WWE (then called the World Wide Wrestling Federation or This led to the development of the annual event WrestleMania, which became one of the most successful professional wrestling events. He is also the founder and owner of Alpha Entertainment, which he established in 2017 to oversee the 2020 revival of the XFL American football league. He is the majority owner and executive chairman of WWE, the world's largest professional wrestling company, having previously served as its chairman and CEO for 40 years. Vincent Kennedy McMahon ( / m ə k ˈ m æ n/ born August 24, 1945) is an American businessman, media proprietor, and professional wrestling promoter.
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