OSN, the leading pay-TV network in the Middle East and North
Africa (MENA), and WWE® (NYSE:WWE) today announced a five-year
partnership to distribute WWE Network as a premium, linear channel
in time for WrestleMania® on Sunday, March 29, exclusively on
OSN.
The agreement will run concurrent with WWE and OSN’s existing
partnership to air WWE’s flagship programming, Raw® and SmackDown®,
as well as NXT ®, Superstars and more in the region.
OSN subscribers will be able to access the premium linear
network via their set top boxes, and anytime, anywhere on multiple
devices via OSN Play and through authenticated access via WWE
Network apps. WWE Network will also be offered in the region on a
direct-to-consumer basis through the WWE app, available on GO by
OSN.
“OSN has a long standing relationship with WWE and we are very
excited to be expanding that relationship further with the
exclusive carriage of the WWE Network,” said Andy Warkman OSN’s VP,
Sport and Production “We will be co-branding the linear channel OSN
WWE Network HD and following on from our enhanced TV deal renewal
last year, this is great news for WWE fans in the Middle East &
North Africa region. We are looking forward to launching the
Network in the coming weeks and cementing our position as the Home
of WWE in the region.”
“OSN is the leader in pay television in the Middle East and
North Africa, and we are excited to expand our partnership and
further our reach within the region by adding WWE Network as a
premium, linear channel,” said Gerrit Meier, WWE Executive Vice
President, International. “WWE is committed to growing our brand
globally and this agreement illustrates the flexibility we have in
rolling out WWE Network around the world, offering our fans an
extraordinary experience.”
WWE Network is available in more than 170 countries and
territories and recently surpassed 1 million subscribers just 11
months after launch, making it the fastest-growing digital
subscription service. WWE Network’s one-of-a-kind programming
includes all 12 WWE pay-per-view events LIVE at no additional
charge plus groundbreaking original series, reality shows,
documentaries, classic matches, exclusive coverage of special
events and nearly 3,000 hours of video-on-demand content.
About OSN
OSN is the ultimate destination for the widest choice of brand
new premium Western, Arabic, South Asian (Hindi, Urdu, Bengali,
Malayalam and Tamil) and Filipino entertainment in the Middle East
and Africa.
OSN is the home to over 145 channels and services filled with
great value entertainment, offering viewers in the MENA region
exclusive access to the latest blockbuster movies, top rated
series, sports, documentaries, news, kid’s entertainment and live
talk shows. The movie offering includes over a 100 uncut and
uninterrupted movie premieres a month.
OSN boasts the most comprehensive portfolio of exclusive rights
from all the major studios including Warner Brothers, Paramount,
Fox, Disney, Sony, MGM, Universal, HBO and DreamWorks and offers
access to the world’s leading television brands including Disney
channel, Sky News, Discovery Network and National Geographic.
Launched in August 2013, OSN Pehla brings the best of Bollywood
movies and premium cricket, including exclusive telecast rights of
international tournaments such as the ICC Cricket World Cup and
Indian cricket, through leading sports channels OSN Sports Cricket
HD and Ten Cricket.
As the leader in innovation, OSN has changed the TV viewing
experience by bringing quality entertainment through 58 High
Definition channels and is currently the only network offering a
full HD bouquet of channels as well as 3D entertainment in the
region.
OSN was the first to launch the OSN DVR HD; the regions first
online TV platform, OSN Play; the regions first 3D, HD, internet
enabled satellite receiver and recorder, OSN Plus HD and the
region’s first VOD service, OSN on Demand offering viewers the
opportunity to watch over 1000 movies and 52 latest seasons of the
top series, all available in full HD quality and Dolby Digital
sound.
September 2012 saw the launch of OSN’s rewards programme, OSN
Privileges, offering subscribers money can’t buy experiences,
special offers and premium prizes all year round.
Addressing the changing viewing habits of consumers across the
region, in May 2014, OSN launched ‘Go by OSN’, a premium online TV
service providing subscribers access to thousands of hours of
premium entertainment, contract and commitment-free.
The OSN platform is owned and operated by Panther Media Group
Limited; a company registered in DIFC, and is owned by KIPCO and
Mawarid Group Limited.
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.
WWEMedia:Tara Carraro,
203-352-8625Tara.Carraro@wwecorp.comorInvestor:Michael Weitz,
203-352-8642Michael.Weitz@wwecorp.comorOSNMedia:Zahabia
Motiwala, +971 (0) 4 367 7084Communications Director,
OSNzahabia.motiwala@osn.comorNivine William, +971 (0) 4 450
7600ASDA’A Burson-Marstellernivine.william@bm.com
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