-----BEGIN PRIVACY-ENHANCED MESSAGE-----
Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
Originator-Key-Asymmetric:
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 TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB
MIC-Info: RSA-MD5,RSA,
 E8vxApwgiQrLaL6EJnNry/p9VXVslD9nvw78T9VQNaFmx5MVfN+u7V61/svGq/yH
 ZzT2o5QYyyGgHWS5NtL4JA==

<SEC-DOCUMENT>0000898431-07-000101.txt : 20070706
<SEC-HEADER>0000898431-07-000101.hdr.sgml : 20070706
<ACCEPTANCE-DATETIME>20070706163640
ACCESSION NUMBER:		0000898431-07-000101
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20070629
FILED AS OF DATE:		20070706
DATE AS OF CHANGE:		20070706

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			WORLD WRESTLING ENTERTAINMENTINC
		CENTRAL INDEX KEY:			0001091907
		STANDARD INDUSTRIAL CLASSIFICATION:	SERVICES-MOTION PICTURE & VIDEO TAPE PRODUCTION [7812]
		IRS NUMBER:				042693383
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			0430

	BUSINESS ADDRESS:	
		STREET 1:		1241 E MAIN ST
		CITY:			STAMFORD
		STATE:			CT
		ZIP:			06902
		BUSINESS PHONE:		2033528600

	MAIL ADDRESS:	
		STREET 1:		1241 E MAIN ST
		CITY:			STAMFORD
		STATE:			CT
		ZIP:			06902

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	WORLD WRESTLING FEDERATION ENTERTAINMENT INC
		DATE OF NAME CHANGE:	19990730

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	WWFENTERTAINMENT INC
		DATE OF NAME CHANGE:	19990727

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			MCMAHON SHANE
		CENTRAL INDEX KEY:			0001180421

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-16131
		FILM NUMBER:		07967747

	BUSINESS ADDRESS:	
		BUSINESS PHONE:		2033528600

	MAIL ADDRESS:	
		STREET 1:		1241 EST MAIN STREET
		CITY:			STAMFORD
		STATE:			CT
		ZIP:			06902
</SEC-HEADER>
<DOCUMENT>
<TYPE>4
<SEQUENCE>1
<FILENAME>form4_ex.xml
<TEXT>
<XML>
<?xml version="1.0"?>
<ownershipDocument>

    <schemaVersion>X0202</schemaVersion>

    <documentType>4</documentType>

    <periodOfReport>2007-06-29</periodOfReport>

    <notSubjectToSection16>0</notSubjectToSection16>

    <issuer>
        <issuerCik>0001091907</issuerCik>
        <issuerName>WORLD WRESTLING ENTERTAINMENTINC</issuerName>
        <issuerTradingSymbol>WWE</issuerTradingSymbol>
    </issuer>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001180421</rptOwnerCik>
            <rptOwnerName>MCMAHON SHANE</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>1241 EST MAIN STREET</rptOwnerStreet1>
            <rptOwnerStreet2></rptOwnerStreet2>
            <rptOwnerCity>STAMFORD</rptOwnerCity>
            <rptOwnerState>CT</rptOwnerState>
            <rptOwnerZipCode>06902</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>0</isDirector>
            <isOfficer>1</isOfficer>
            <isTenPercentOwner>0</isTenPercentOwner>
            <isOther>0</isOther>
            <officerTitle>EVP, Global Media</officerTitle>
        </reportingOwnerRelationship>
    </reportingOwner>

    <derivativeTable>
        <derivativeTransaction>
            <securityTitle>
                <value>Class B Common Stock, par value $.01 per share</value>
                <footnoteId id="F1"/>
            </securityTitle>
            <conversionOrExercisePrice>
                <value>0</value>
            </conversionOrExercisePrice>
            <transactionDate>
                <value>2007-06-29</value>
            </transactionDate>
            <transactionCoding>
                <transactionFormType>4</transactionFormType>
                <transactionCode>G</transactionCode>
                <equitySwapInvolved>0</equitySwapInvolved>
                <footnoteId id="F4"/>
            </transactionCoding>
            <transactionAmounts>
                <transactionShares>
                    <value>1862733</value>
                </transactionShares>
                <transactionPricePerShare>
                    <value>0</value>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>A</value>
                </transactionAcquiredDisposedCode>
            </transactionAmounts>
            <exerciseDate>
                <value>2004-06-02</value>
                <footnoteId id="F1"/>
            </exerciseDate>
            <expirationDate>
                <footnoteId id="F2"/>
            </expirationDate>
            <underlyingSecurity>
                <underlyingSecurityTitle>
                    <value>Class A Common Stock, par value $.01 per share</value>
                </underlyingSecurityTitle>
                <underlyingSecurityShares>
                    <value>1862733</value>
                </underlyingSecurityShares>
            </underlyingSecurity>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>1862733</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>I</value>
                </directOrIndirectOwnership>
                <natureOfOwnership>
                    <value>By Trust</value>
                    <footnoteId id="F3"/>
                </natureOfOwnership>
            </ownershipNature>
        </derivativeTransaction>
    </derivativeTable>

    <footnotes>
        <footnote id="F1">Class B Common Stock is convertible at any time in to Class A Common Stock at the option of the holder.</footnote>
        <footnote id="F2">There is no expiration date.</footnote>
        <footnote id="F3">Shane McMahon is the sole beneficiary and Investment Director of the Shane McMahon Trust U/A Vincent K. McMahon Irrev. Trust
 dtd. 6/24/04 (&quot;Trust&quot;).  As Investment Director, Shane McMahon has sole voting and investment power and authority over
 shares of WWE stock held by the Trust.</footnote>
        <footnote id="F4">The gift is being reported early on a voluntary basis by the Reporting Person.</footnote>
    </footnotes>

    <ownerSignature>
        <signatureName>/s/ Shane B. McMahon</signatureName>
        <signatureDate>2007-07-06</signatureDate>
    </ownerSignature>
</ownershipDocument>
</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
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