WWE (NYSE: WWE) and USA Network today announced a multi-year
extension for NXT, which will move to Tuesday nights live on USA
Network at 8/7c beginning April 13. The new agreement for the live,
weekly two-hour show furthers WWE and USA’s nearly three
decade-long relationship.
This press release features multimedia. View
the full release here:
https://www.businesswire.com/news/home/20210330005634/en/
USA Network And WWE’s NXT Extend
Partnership (Photo: Business Wire)
“We are incredibly proud of our three-decade partnership with
WWE and in extending USA’s NXT deal, we are further establishing
our portfolio as an unrivaled home for quality WWE content,” said
Frances Berwick, Chairman, Entertainment Networks, NBCUniversal.
“By transitioning NXT to a Tuesday timeslot where WWE has performed
well in the past, we are giving our passionate fanbase more of what
they love with back-to-back nights of exhilarating, live
programming.”
“We are thrilled to continue WWE and NBCUniversal’s longstanding
partnership with the extension of NXT on USA Network,” said Paul
“Triple H®” Levesque, WWE Executive Vice President, Global Talent
Strategy & Development. “The move to Tuesdays provides a new
opportunity for us to grow the NXT brand and enables our partner,
USA Network, to continue to build its strong portfolio of sports
and entertainment programming.”
Since launching on the network in September 2019, NXT has lifted
USA to rank among the top cable entertainment networks in its
regular Wednesday timeslot. In 2020, the weekly block averaged
847,000 total viewers and its special Tuesday episodes were even
stronger, delivering gains of nearly +30% among the key 18-49 and
25-54 demos.
NXT is revolutionizing the world of sports entertainment with
innovative styles from trend-setting and unapologetic Superstars
including Finn Bálor®, Adam Cole®, Io Shirai™, Karrion Kross™,
Johnny Gargano® and Candice LeRae™. The brand’s diverse roster
consists of elite athletes from the NFL, collegiate and amateur
sports, MMA and international sports such as rugby and kushti. It
is also the birthplace to more than 80 percent of the current Raw®
and SmackDown® rosters including Roman Reigns®, Seth Rollins®,
Charlotte Flair®, Bayley®, Sasha Banks®, Alexa Bliss®, Bray Wyatt®,
Bianca Belair™, The Street Profits®, Matt Riddle™ and Baron
Corbin®.
All new episodes will be available on demand in the United
States exclusively on Peacock, the day after its airing on USA
Network.
NXT will continue to emanate from the state-of-the-art Capitol
Wrestling Center™ in Orlando, Florida.
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 programming can be seen in more than 900 million homes
worldwide in 28 languages through world-class distribution partners
including NBCUniversal, FOX Sports, BT Sport, Sony India and
Rogers. The award-winning WWE Network includes all live
pay-per-views, scheduled programming and a massive video-on-demand
library and is currently available in more than 180 countries. In
the United States, NBCUniversal’s streaming service, Peacock, is
the exclusive home to WWE Network. The Company is headquartered in
Stamford, Conn., with offices in New York, Los Angeles, Orlando,
Dubai, London, Mexico City, Mumbai, Munich, Riyadh, Shanghai,
Singapore and Tokyo.
Additional information on WWE (NYSE: WWE) can be found at
wwe.com and corporate.wwe.com.
About USA Network
USA Network has been a top five cable entertainment brand for
over twenty years and is home to the most compelling television
properties in the industry. Serving a broad, passionate fanbase,
USA’s diverse slate includes popular award-winning dramas,
unfiltered family comedies, buzzy unscripted, weekly live WWE
programming, high-octane sporting events and a portfolio of
sought-after acquired series and movies. USA is part of the
NBCUniversal Television and Streaming Entertainment portfolio,
which includes NBCU’s broadcast, cable and streaming platforms:
NBC, Bravo, E!, Oxygen, SYFY, Universal Kids, USA Network and
Peacock. For more information, visit usanetwork.com.
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: the impact of the COVID-19 outbreak on our business, results of
operations and financial condition; entering, maintaining and
renewing major distribution agreements; a rapidly evolving media
landscape; WWE Network (including the risk that we are unable to
attract, retain and renew subscribers); 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 including
possible disruptions and reputational risks; 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 alleging traumatic brain injury; 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; privacy norms and regulations; a possible
decline in general economic conditions and disruption in financial
markets; our accounts receivable; our indebtedness including our
convertible notes; 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 volatility 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: https://www.businesswire.com/news/home/20210330005634/en/
Media: Matthew Altman WWE
203-352-1177 Matthew.Altman@wwecorp.com Kevin Castech
NBCUniversal/USA Network 818-777-4816 Kevin.Castech@nbcuni.com
Investor: Michael Weitz WWE 203
352 8642 Michael.Weitz@wwecorp.com
World Wrestling Entertai... (NYSE:WWE)
Historical Stock Chart
From Mar 2024 to Apr 2024
World Wrestling Entertai... (NYSE:WWE)
Historical Stock Chart
From Apr 2023 to Apr 2024