Warner Bros. Home Entertainment and WWE® Announce New Partnership
November 19 2014 - 8:30AM
Business Wire
Warner Bros. Home Entertainment (WBHE) and WWE (NYSE:WWE) have
announced a multi-year partnership for home video distribution of
WWE programming that will start on January 1, 2015 and include US
distribution rights for physical and digital formats.
The new agreement will provide WBHE the home entertainment
distribution rights to release new documentaries, match
compilations and pay-per-view events, including WrestleMania® and
SummerSlam®, as well as a robust catalog of collectible titles
throughout the US. The companies have recently worked together on
two animated series tied to the Scooby Doo and The Flintstones
franchises.
“WWE is an iconic brand that has one of the most passionate fan
bases in sports and entertainment,” said Jeff Brown, General
Manager and Executive Vice President, Television, Warner Bros. Home
Entertainment. “Since WWE titles accounted for all of the Top 10
sports DVDs of 2013 and WrestleMania® 29 was the #1 sports title,
we’re very excited to expand our distribution in 2015 and
beyond.”
“We are thrilled to partner with Warner Bros Home Entertainment,
a brand that has proven itself to be the market leader,” said Casey
Collins, Executive Vice President, Consumer Products, WWE. “They
have already demonstrated success leveraging the WWE brand with the
hit Scooby Doo! WrestleMania Mystery, and we look forward to
expanding our home video relationship utilizing their
expertise.”
About Warner Bros. Home Entertainment,
Inc.
Warner Bros. Home Entertainment (WBHE) brings together Warner
Bros. Entertainment's home video, digital distribution, interactive
entertainment, technical operations and anti-piracy businesses in
order to maximize current and next-generation distribution
scenarios. An industry leader since its inception, WBHE oversees
the global distribution of content through packaged goods (Blu-ray
Disc and DVD) and digital media in the form of electronic
sell-through and video-on-demand via cable, satellite, online and
mobile channels, and is a significant developer and publisher for
console and online video game titles worldwide. WBHE distributes
its product through third party retail partners and licensees, as
well as directly to consumers through WBShop.com.
About WWE
WWE, a publicly traded company (NYSE: WWE), is an integrated
media organization and recognized leader in global entertainment.
The company consists of a portfolio of businesses that create and
deliver original content 52 weeks a year to a global audience. WWE
is committed to family friendly entertainment on its television
programming, pay-per-view, digital media and publishing platforms.
WWE programming reaches more than 650 million homes worldwide in 35
languages. WWE Network, the first-ever 24/7 over-the-top premium
network that includes all 12 live pay-per-views, scheduled
programming and a massive video-on-demand library, is currently
available in more than 170 countries. The company is headquartered
in Stamford, Conn., with offices in New York, Los Angeles, London,
Mexico City, Mumbai, Shanghai, Singapore, Dubai, Munich and
Tokyo.
Additional information on WWE (NYSE: WWE) can be found at
wwe.com and corporate.wwe.com. For information on our global
activities, go to http://www.wwe.com/worldwide/.
Trademarks: All WWE programming,
talent names, images, likenesses, slogans, wrestling moves,
trademarks, logos and copyrights are the exclusive property of WWE
and its subsidiaries. All other trademarks, logos and copyrights
are the property of their respective owners.
Forward-Looking Statements: This
press release contains forward-looking statements pursuant to the
safe harbor provisions of the Securities Litigation Reform Act of
1995, which are subject to various risks and uncertainties. These
risks and uncertainties include, without limitation, risks relating
to entering into, maintaining and renewing key agreements,
including television and pay-per-view programming and our new
network distribution agreements; risks relating to the launch and
maintenance of our new network; the need for continually developing
creative and entertaining programming; the continued importance of
key performers and the services of Vincent McMahon; the conditions
of the markets in which we compete and acceptance of the Company's
brands, media and merchandise within those markets; uncertainties
relating to regulatory matters; risks resulting from the highly
competitive and fragmented nature of our markets; uncertainties
associated with international markets; the importance of protecting
our intellectual property and complying with the intellectual
property rights of others; the risk of accidents or injuries during
our physically demanding events; risks associated with producing
and travelling to and from our large live events, both domestically
and internationally; risks relating to our film business; risks
relating to new businesses and strategic investments; risks
relating to our computer systems and online operations; risks
relating to general economic conditions and our exposure to bad
debt risk; risks relating to litigation; risks relating to market
expectations for our financial performance; risks relating to our
revolving credit facility specifically and capital markets more
generally; risks relating to the large number of shares of common
stock controlled by members of the McMahon family and the
possibility of the sale of their stock by the McMahons or the
perception of the possibility of such sales; the relatively small
public float of our stock; and other risks and factors set forth
from time to time in Company filings with the Securities and
Exchange Commission. Actual results could differ materially from
those currently expected or anticipated. In addition, our dividend
is dependent on a number of factors, including, among other things,
our liquidity and historical and projected cash flow, strategic
plan (including alternative uses of capital), our financial results
and condition, contractual and legal restrictions on the payment of
dividends, general economic and competitive conditions and such
other factors as our Board of Directors may consider relevant.
Photos/Multimedia Gallery Available:
http://www.businesswire.com/multimedia/home/20141119005228/en/
Warner Bros. Home EntertainmentMelissa Hufjay,
818-977-7310melissa.hufjay@warnerbros.comorWWEMatthew Altman,
203-352-1177Matthew.altman@wwecorp.com
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