WWE® (NYSE: WWE) and PPTV (a Suning Sports Media company) today
announced that WWE Network will be available in China for the first
time beginning on Friday, August 18, launching exclusively on PPTV
as a subscription video-on-demand service featuring all WWE live
pay-per-view events, including WrestleMania® and the upcoming
SummerSlam®.
PPTV customers can download the PPTV App and watch WWE Network
content via smart TVs, set-top boxes, mobile devices and tablets,
as well as on www.wwe.cn, www.PPTV.com and www.Sports.PPTV.com.
Fans can sign up in time to watch one of WWE’s marquee events of
the year, SummerSlam®, live in Mandarin, on Monday, August 21 at
7:00 AM Beijing time.
“When we began our exclusive partnership with WWE, we brought
WWE’s signature programming Raw® and SmackDown® to PPTV and
received a great response from WWE fans in China,” said Godfrey
Zeng, Executive Vice President of Suning Sports Media, parent
company of PPTV. “In April, we offered WrestleMania as a
pay-per-view event, and again, our fans responded enthusiastically.
We are now launching WWE Network on PPTV and presenting the entire
lineup of WWE pay-per-views and other premium content to continue
to better serve WWE fans in China.”
“PPTV is a tremendous partner and has been key in helping us
engage with WWE fans in China and further establishing our brand in
this important market,” said Michelle Wilson, WWE Chief Revenue
& Marketing Officer. “With this launch, WWE Network is now
available in every market, reaching more than 180 countries around
the world, delivering all our premium live events and an archive of
action-packed, family-friendly entertainment that has thrilled WWE
audiences for years.”
WWE Network on PPTV will showcase WWE’s major live events and
ground-breaking original series, including NXT® and 205 Live™;
reality shows, such as Total Divas; documentaries; and classic
matches from WWE’s storied history. PPTV will continue to expand
WWE Network’s video-on-demand library, adding more than 1,000 hours
of content over the next 12 months.
In addition to offering WWE Network as a subscription service,
PPTV will also offer its customers premium live events such as
WrestleMania®, SummerSlam®, Royal Rumble® and Survivor Series® as
well as other WWE Network Specials on a pay-per-view basis.
Last year, WWE announced an exclusive multi-year agreement with
PPTV to deliver its flagship shows, Raw and SmackDown, live in
Mandarin. In addition, WWE short-form content is available on
PPTV’s digital platforms, and PPTV leverages popular digital and
social platforms, including WeChat and Weibo, to share WWE content
with fans throughout China. This year, WrestleMania was made
available in China for the first time, via PPTV.
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 20
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/
About PPTV
PPTV Sports is a pioneer in providing sports content streaming
service in China. PPTV Sports is dedicated to creating a
first-in-class web-based sports platform that integrates content
and service delivery through all channels for all sports fans.
PPTV Sports is a wholly owned subsidiary of Suning group. With
Suning’s support and commitment, PPTV Sports has acquired exclusive
rights to the CSL, AFC, La Liga, EPL, WWE and UFC content, forming
a sports content matrix centered around soccer and supplemented by
other IP, integrating an entire value chain from broadcast, rights
distribution, and merchandise, to fan club membership operations.
PPTV Sports now offers our fans 24x7 sports content, covering live
broadcast as well as on demand and will continue to strive to
deliver better interactive experiences to our fans.
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/20170810005585/en/
WWEMedia:Chris Bellitti,
203-352-8759Christopher.Bellitti@wwecorp.comorInvestors:Michael Weitz,
203-352-8642Michael.Weitz@wwecorp.com
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