UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                                 SCHEDULE 13G/A

                    Under the Securities Exchange Act of 1934
                               (Amendment No. 2)*

                       WORLD WRESTLING ENTERTAINMENT, INC.
        -----------------------------------------------------------------
                                (Name of Issuer)

                      Class A Common Stock, $0.01 par value
        -----------------------------------------------------------------
                         (Title of Class of Securities)

                                    98156Q108
                              --------------------
                                 (CUSIP Number)

                                December 31, 2009
        ----------------------------------------------------------------
             (Date of Event Which Requires Filing of this Statement)

Check the  appropriate box to designate the rule pursuant to which this Schedule
is filed:

         /   /    Rule 13d-1(b)
         / X /    Rule 13d-1(c)
         /   /    Rule 13d-1(d)

*The  remainder of this cover page shall be filled out for a reporting  person's
initial filing on this form with respect to the subject class of securities, and
for any  subsequent  amendment  containing  information  which  would  alter the
disclosures provided in a prior cover page.

The information required in the remainder of this cover page shall not be deemed
to be "filed" for the purpose of Section 18 of the  Securities  Exchange  Act of
1934 ("Act") or otherwise  subject to the  liabilities of the section of the Act
but  shall be  subject  to all other  provisions  of the Act  (however,  see the
Notes).





                                 SCHEDULE 13G/A
                               CUSIP NO. 98156Q108


1.      Names of Reporting Persons.

        Shane B. McMahon
        -------------------------------------------

2.      Check the Appropriate Box if a Member of a Group

        (a)
            ------
        (b)
            ------

3.      SEC Use Only
                       ------------------------------

4.      Citizenship or Place of Organization                    United States
                                                                ---------------

Number of         5.     Sole Voting Power                      1,906,221
Shares                                                          ---------------
Beneficially      6.     Shared Voting Power                    0
Owned by                                                        ---------------
Each Reporting    7.     Sole Dispositive Power                 1,906,221
Person                                                          ---------------
With:             8.     Shared Dispositive Power               0
                                                                ---------------

9.      Aggregate Amount Beneficially Owned by Each Reporting
        Person                                                  1,906,221
                                                                ---------------

10.     Check if the Aggregate Amount in Row (9) Excludes Certain
        Shares                                                         --------

11.     Percent of Class Represented by Amount in Row (9)

                                                                       6.9%
                                                                       --------

12. Type of Reporting Person                                           IN
                                                                       --------



                               Page 2 of 9 Pages



                                 SCHEDULE 13G/A
                               CUSIP NO. 98156Q108


1.      Names of Reporting Persons.

        Shane McMahon Trust U/A
        Vincent K. McMahon Irrev. Trust dtd. 6/24/04
        ----------------------------------------------------

2.      Check the Appropriate Box if a Member of a Group

        (a)
             ------
        (b)
             ------

3.      SEC Use Only
                       -------------------------------------

4.      Citizenship or Place of Organization               State of Connecticut
                                                           --------------------

Number of         5.    Sole Voting Power                  1,862,733
Shares                                                     --------------------
Beneficially      6.    Shared Voting Power                0
Owned by                                                   --------------------
Each Reporting    7.    Sole Dispositive Power             1,862,733
Person                                                     --------------------
With:             8.    Shared Dispositive Power           0
                                                           --------------------

9.      Aggregate Amount Beneficially Owned by Each
        Reporting Person                                   1,862,733
                                                           --------------------

10.     Check if the Aggregate Amount in Row (9) Excludes Certain
        Shares                                                        ---------

11.     Percent of Class Represented by Amount in Row (9)
                                                                      6.8%
                                                                      ---------

12. Type of Reporting Person                                          OO
                                                                      ---------




                               Page 3 of 9 Pages



                                 SCHEDULE 13G/A
                               CUSIP NO. 98156Q108


Explanatory Note

This amended  Statement on Schedule 13G relates to the  1,862,733  shares of the
Class B Common  Stock,  $.01 par value per share  ("Class B Common  Stock"),  of
World  Wrestling  Entertainment,  Inc. (the "Company") held by the Shane McMahon
Trust U/A Vincent K. McMahon Irrev.  Trust dtd. 6/24/04 (the "Trust") and shares
of the Company's Class A Common Stock, $.01 par value per share ("Class A Common
Stock"),  beneficially  owned by Shane B.  McMahon.  Shane  McMahon  is the sole
beneficiary and Investment  Director of the Trust. Class B Common Stock is fully
convertible  into Class A Common Stock,  on a one-for-one  basis, at any time at
the option of the holder.


Item 1.

        (a)     Name of Issuer

                World Wrestling Entertainment, Inc.
                -------------------------------------------------

        (b)     Address of Issuer's Principal Executive Offices

                1241 East Main Street
                Stamford, Connecticut 06902
                -------------------------------------------------
Item 2.

        (a)     This Statement on Schedule 13G is filed on behalf of both of the
following persons (collectively, the "Reporting Persons"):

                (i)  Shane B. McMahon ("Mr. McMahon")

               (ii)  Shane McMahon Trust U/A
                     Vincent K. McMahon Irrev. Trust dtd. 6/24/04 (the "Trust")
                ---------------------------------------------------------------

        (b)     The address of the Principal Business Office of the Reporting
Persons is:

                c/o World Wrestling Entertainment, Inc.
                1241 East Main Street
                Stamford, Connecticut 06902
                -------------------------------------------------

         (c)    Citizenship:

                (i)  Mr. McMahon is a citizen of the United States of America.

                (ii) The Trust is an entity organized under the laws of the
                     State of Connecticut.



                               Page 4 of 9 Pages



                                 SCHEDULE 13G/A
                               CUSIP NO. 98156Q108


                  ------------------------------------------------

        (d)     Title of Class of Securities

                Class A Common Stock, $0.01 par value
                --------------------------------------------------

        (e)     CUSIP Number

                98156Q108
                --------------------------------------------------

Item 3.         If this statement is filed pursuant to ss.ss.240.13d-1(b) or
                240.13d-2(b) or (c), check whether the person filing is a:

     (a)    / / Broker or dealer registered under section 15 of the Act;

     (b)    / / Bank as defined in section 3(a)(6) of the Act;

     (c)    / / Insurance company as defined in section 3(a)(19) of the
                Act;

     (d)    / / Investment company registered under section 8 of the
                Investment Company Act of 1940;

     (e)    / / An investment adviser in accordance with
                ss.240.13d-1(b)(l)(ii)(E);

     (f)    / / An employee benefit plan or endowment fund in accordance
                with ss.240.13d-1(b)(1)(ii)(F);

     (g)    / / A parent holding company or control person in accordance
                with ss.240.13d-1(b)(1)(ii)(G);

     (h)    / / A savings association as defined in Section 3(b) of the
                Federal Deposit Insurance Act;

     (i)    / / A church plan that is excluded from the definition of an
                investment company under section 3(c)(14) of the Investment
                Company Act of 1940;

     (j)    / / A non-U.S. institution, in accordance with
                ss.240.13d-1(b)(l)(ii)(J)

     (k)    / / Group, in accordance with ss.240.13d-1(b)(l)(ii)(K)

Item 4.         Ownership

     Provide  the  following  information  regarding  the  aggregate  number and
percentage of the class of securities of the issuer identified in Item 1.

         Mr. McMahon:



                               Page 5 of 9 Pages



                                 SCHEDULE 13G/A
                               CUSIP NO. 98156Q108


        (a)     Amount beneficially owned:                           1,906,221
                                                                   -----------

        (b)     Percent of class:                                         6.9%
                                                                   -----------

        (c)     Number of shares as to which such person has:

                (i)   Sole power to vote or to direct the vote       1,906,221
                                                                   -----------

                (ii)  Shared power to vote or to direct the vote           -0-
                                                                   -----------

                (iii) Sole power to dispose or to direct the
                      disposition of                                 1,906,221
                                                                   -----------

                (iv)  Shared power to dispose or to direct the
                      disposition of                                       -0-
                                                                   -----------

         The Trust:

        (a)     Amount beneficially owned:                           1,862,733
                                                                   -----------

        (b)     Percent of class:                                         6.8%
                                                                   -----------

        (c)     Number of shares as to which such person has:

                (i)   Sole power to vote or to direct the vote       1,862,733
                                                                   -----------

                (ii)  Shared power to vote or to direct the vote           -0-
                                                                   -----------

                (iii) Sole power to dispose or to direct the
                      disposition of                                 1,862,733
                                                                   -----------

                (iv)  Shared power to dispose or to direct the
                      disposition of                                       -0-
                                                                    ----------

Item 5.         Ownership of Five Percent or Less of a Class

     If this  statement  is being  filed to report  the fact that as of the date
hereof,  the reporting person has ceased to be the beneficial owner of more than
five percent of the class of securities, check the following: [  ]

Item 6.         Ownership of More than Five Percent on Behalf of Another Person

                Not applicable.

Item 7.         Identification and Classification of the Subsidiary Which
                Acquired the Security Being Reported on by the Parent Holding
                Company or Control Person

                Not applicable.



                               Page 6 of 9 Pages



                                 SCHEDULE 13G/A
                               CUSIP NO. 98156Q108


Item 8.         Identification and Classification of Members of the Group

                Not applicable.

Item 9.         Notice of Dissolution of Group

                Not applicable.

Item 10.        Certification

     By signing below each of the Reporting  Persons certifies that, to the best
of such person's knowledge and belief, the securities referred to above were not
acquired  and are not held for the  purpose of or with the effect of changing or
influencing  the control of the issuer of the  securities  and were not acquired
and are not  held in  connection  with or as a  participant  in any  transaction
having that purpose or effect.
























                               Page 7 of 9 Pages



                                 SCHEDULE 13G/A
                               CUSIP NO. 98156Q108


                                    SIGNATURE

                  After reasonable inquiry and to the best of my knowledge and
belief, I certify that the information set forth in this statement is true,
complete and correct.



February 9, 2010
---------------------------------
Date



                                         /s/ Shane B. McMahon
                                        -------------------------------------
                                        Name:  Shane B. McMahon




                                        SHANE MCMAHON TRUST U/A VINCENT K.
                                        MCMAHON IRREV. TRUST DTD. 6/24/04


                                        /s/ Shane B. McMahon
                                        -------------------------------------
                                        Name: Shane B. McMahon
                                        Title:  Sole beneficiary and investment
                                        director of the Shane McMahon Trust U/A
                                        Vincent K. McMahon Irrev. Trust dtd.
                                        6/24/04









                               Page 8 of 9 Pages




                                 SCHEDULE 13G/A
                               CUSIP NO. 98156Q108


                                     EXHIBIT

o    Joint  Filing  Agreement,  dated  July  2,  2007  (incorporated  herein  by
     reference  to Exhibit A to the  Schedule  13G filed by Mr.  McMahon and the
     Trust on July 6, 2007).































                               Page 9 of 9 Pages