In an effort to help find cures for pediatric cancer, WWE
(NYSE:WWE) and The V Foundation for Cancer Research today announced
a multi-year partnership to support cancer research nationally
through funds raised by Connor’s Cure. The announcement was made at
Children’s Hospital of Pittsburgh, where Connor’s Cure was
originally established, with representatives from the hospital, WWE
and The V Foundation. In 2014, Connor’s Cure was created by WWE
Chief Brand Officer Stephanie McMahon and WWE Executive Vice
President Talent, Live Events & Creative Paul “Triple H”
Levesque as a fund within Children’s Hospital of Pittsburgh
Foundation to support pediatric brain and spinal cord cancer
research.
This Smart News Release features multimedia.
View the full release here:
http://www.businesswire.com/news/home/20160314006001/en/
The new partnership will expand Connor’s Cure outside of
Children’s Hospital of Pittsburgh Foundation and support other top
research centers and hospitals nationwide. Connor’s Cure was
established in honor of 8-year-old WWE fan Connor Michalek, a
patient at Children’s Hospital of Pittsburgh of UPMC who battled
medulloblastoma, a rare tumor that affects the brain and spinal
cord. To date, Connor’s Cure has raised nearly $1 million and
assisted more than 100 families around the world.
As a result of the new partnership, funds raised by WWE will
support Connor’s Cure through The V Foundation’s grant-making
process. The V Foundation’s Scientific Advisory Committee,
comprised of world-class physicians and research scientists, vets
and awards top-rated grant proposals from the nation’s leading
medical facilities. In addition, funding will continue to support
the research being done at Children’s Hospital of Pittsburgh of
UPMC.
WWE is committed to raising awareness and funds for pediatric
cancer research throughout the year through the sale of Connor’s
Cure bracelets, fundraising programs and through its global
platforms including WWE Network and TV broadcasts, live events, and
digital and social media.
“WWE is proud to partner with The V Foundation for Cancer
Research and expand Connor’s Cure in an effort to raise additional
awareness and funds in the fight against pediatric cancer,” said
WWE Chief Brand Officer Stephanie McMahon. “The extensive reach of
The V Foundation combined with the incredible support provided by
the Children’s Hospital of Pittsburgh Foundation will help bring
more awareness to this devastating disease.”
“The V Foundation is proud to partner with WWE in the fight
against pediatric cancer,” said Susan Braun, CEO of The V
Foundation. “Funding research at Children’s Hospital of Pittsburgh
and around the country, we are partnering to let the world know
that we are helping children by finding cures.”
“We are extremely grateful to Stephanie, Paul, and the entire
WWE community for the passion and commitment they have shown in
creating Connor’s Cure and honoring the memory of a little boy who
clearly touched them deeply,” said Greg Barrett, President,
Children’s Hospital of Pittsburgh Foundation. “The funds raised
through Connor’s Cure have already made a significant difference in
the lives of children battling cancer. The new partnership with The
V Foundation will expand the national reach of Connor’s Cure and
work towards the ultimate goal – ending pediatric cancer.”
Every year, 12,000-15,000 children are newly diagnosed with
cancer in the U.S. Through the efforts of The V Foundation,
progress is being made with cure rates for most pediatric cancers
dramatically improving. The V Foundation has awarded nearly
$20 million through 66 pediatric research grants to-date, including
more than $5 million to pediatric cancer research in 2015.
About The V Foundation for Cancer
Research
The V Foundation for Cancer Research was founded in 1993 by ESPN
and the late Jim Valvano, legendary North Carolina State basketball
coach and ESPN commentator. Since 1993, The Foundation has funded
more than $150 million in cancer research grants nationwide. It
awards 100 percent of all direct cash donations to cancer research
and related programs. Due to generous donors, the Foundation has an
endowment that covers administrative expenses. The Foundation
awards peer-reviewed grants through a competitive awards process
vetted by a Scientific Advisory Committee. For more information on
The V Foundation or to make a donation, please
visit www.jimmyv.org.
About Children’s Hospital of Pittsburgh
of UPMC
Regionally, nationally, and globally, Children’s Hospital of
Pittsburgh of UPMC is a leader in the treatment of childhood
conditions and diseases, a pioneer in the development of new and
improved therapies, and a top educator of the next generation of
pediatricians and pediatric subspecialists. Children’s Hospital has
fulfilled this mission since its founding in 1890. Children’s is
named consistently to several elite lists of pediatric hospitals,
including ranking 7th among children’s hospitals and schools of
medicine (FY 2014) in funding for pediatric research provided by
the National Institutes of Health, and is one of 10 pediatric
hospitals in the United States named to U.S. News & World
Report’s Honor Roll of America’s “Best Children’s Hospitals” for
2015-2016.
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 25
languages. WWE Network, the first-ever 24/7 over-the-top premium
network that includes all live pay-per-views, scheduled programming
and a massive video-on-demand library, is currently available in
more than 180 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: WWE Network; major
distribution agreements; our need to continue to develop creative
and entertaining programs and events; the possibility of a decline
in the popularity of our brand of sports entertainment; the
continued importance of key performers and the services of Vincent
K. McMahon; possible adverse changes in the regulatory atmosphere
and related private sector initiatives; the highly competitive,
rapidly changing and increasingly fragmented nature of the markets
in which we operate and greater financial resources or marketplace
presence of many of our competitors; uncertainties associated with
international markets; our difficulty or inability to promote and
conduct our live events and/or other businesses if we do not comply
with applicable regulations; our dependence on our intellectual
property rights, our need to protect those rights, and the risks of
our infringement of others’ intellectual property rights; the
complexity of our rights agreements across distribution mechanisms
and geographical areas; potential substantial liability in the
event of accidents or injuries occurring during our physically
demanding events including, without limitation, claims relating to
CTE; large public events as well as travel to and from such events;
our feature film business; our expansion into new or complementary
businesses and/or strategic investments; our computer systems and
online operations; a possible decline in general economic
conditions and disruption in financial markets; our accounts
receivable; our revolving credit facility; litigation; our
potential failure to meet market expectations for our financial
performance, which could adversely affect our stock; Vincent K.
McMahon exercises control over our affairs, and his interests may
conflict with the holders of our Class A common stock; a
substantial number of shares are eligible for sale by the McMahons
and the sale, or the perception of possible sales, of those shares
could lower our stock price; and the relatively small public
“float” of our Class A common stock. 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 (including under our revolving credit facility), general
economic and competitive conditions and such other factors as our
Board of Directors may consider relevant. Forward-looking
statements made by the Company speak only as of the date made and
are subject to change without any obligation on the part of the
Company to update or revise them. Undue reliance should not be
placed on these statements. For more information about risks and
uncertainties associated with the Company’s business, please refer
to the “Management’s Discussion and Analysis of Financial Condition
and Results of Operations” and “Risk Factors” sections of the
Company’s SEC filings, including, but not limited to, our annual
report on Form 10-K and quarterly reports on Form 10-Q.
View source
version on businesswire.com: http://www.businesswire.com/news/home/20160314006001/en/
Media:WWEJoe Quinn,
203-352-8636joseph.quinn@wwecorp.comorThe V FoundationSherrie
Mazur, 919-271-8248smazur@jimmyv.orgorChildren’s Hospital of
Pittsburgh of UPMCAndrea Kunicky,
412-692-6254andrea.kunicky@chp.edu
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