Three-Hour Live Programming Block to
Continue Weekly on Cable’s #1 Entertainment Network
USA Network and WWE (NYSE: WWE) today announced a five-year
extension for WWE’s flagship program Monday Night Raw. The new
agreement for the live, weekly three-hour block which commences in
October 2019 continues WWE and USA’s nearly three decade-long
relationship. Monday Night Raw, the #1 show on USA Network,
delivers action, drama, compelling storylines and unmatched
athleticism, 52 weeks per year.
This press release features multimedia. View
the full release here:
https://www.businesswire.com/news/home/20180626006580/en/
(Photo: Business Wire)
“Monday Night Raw and USA Network have dominated Monday nights
during a truly historic run,” says Chris McCumber, President,
Entertainment Networks for NBCUniversal Cable Entertainment. “Our
partnership with WWE is one of the strongest and most successful in
the business, and together we’ll take Raw to even greater
heights.”
“We look forward to continuing our long-standing partnership
with NBCUniversal and USA Network,” said Vince McMahon, WWE
Chairman & CEO. “Monday Night Raw has been synonymous with USA
Network and we are excited about what the future holds for WWE’s
flagship program.”
On the air for 25 years and more than 1,300 episodes, Monday
Night Raw is the longest-running weekly episodic television show in
U.S. primetime history and consistently a ratings juggernaut. Among
the most-watched, regularly scheduled programs on primetime cable,
Raw delivers more viewers in the U.S. than all sports other than
the NFL. On USA Network, the weekly block is currently averaging
1.7M P18-49, 1.7M P25-54 and 3.6M total viewers P2+1.
Since its debut in 1993 on USA, Raw has been watched nearly 6
billion times in the U.S. alone. In its 25-year history, Raw has
helped launch the careers of pop-culture icons including Dwayne
“The Rock®” Johnson, John Cena®, Undertaker®, Triple H®, “Stone
Cold®” Steve Austin and The Bella Twins™.
1Source: Nielsen NNTV, 2018 YTD through May (1/1/18-5/31/18),
Live+7 Average Viewers for selected demographics (P18-49, P25-54,
P2+).
About USA Network
USA Network, the leader in cable entertainment, offers a
powerful stable of dramatic, comedic and unscripted originals in
more than 102 million U.S. homes. The network also features
spectacular live television, a dynamic portfolio of acquired series
and the best in blockbuster theatrical films and entertainment
events. A trailblazer in digital innovation and storytelling, USA
is defining, driving and setting the industry standard for Social
TV. USA is a program service of NBCUniversal Cable Entertainment, a
division of NBCUniversal. USA’s award-winning website is located at
http://www.usanetwork.com. Watch USA Network anywhere: On Demand,
online or across mobile and connected TVs.
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’s TV-PG, family-friendly programming can be seen in more than
800 million homes worldwide in 24 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;
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 exercising control over our affairs, and his interests may
conflict with the holders of our Class A common stock; a
substantial number of shares which 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 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, are
subject to change without any obligation on the part of the Company
to update or revise them, and undue reliance should not be placed
on these statements.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20180626006580/en/
Media:WWEMatthew Altman,
203-352-1177Matthew.Altman@wwecorp.comorKatherine Nelson,
212-664-5934Group Senior Vice President, Communications, USA
NetworkKatherine.Nelson@nbcuni.comorInvestors:WWEMichael Weitz,
203-352-8642Michael.Weitz@wwecorp.com
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