2006 News


WWE Launches ECW As Third Brand
May 25, 2006

STAMFORD, Conn., May 25, 2006 - World Wrestling Entertainment, Inc., today announced the official launch of ECW (Extreme Championship Wrestling®) as a brand extension to its RAW® and SmackDown® franchises.

After acquiring the ECW assets in 2003, WWE spent the past few years re-introducing ECW to the global WWE audience and increasing the interest in its unique brand of sports entertainment. To date, WWE has successfully released three ECW DVD’s, all of which have become best sellers, and produced a very profitable ECW pay-per-view event in June 2005, with another ECW pay-per-view scheduled for this June 11, 2006. With consumer interest at an all-time high, WWE is introducing ECW as a complementary brand to RAW and SmackDown.

“After keeping the ECW concept alive and creating an enormous cult-like following for all things ECW from DVD’s to PPV’s to books, we feel that now the time is right to officially launch ECW as its own stand-alone franchise,” said Vince McMahon, WWE Chairman. “RAW, SmackDown and ECW now represent a portfolio of WWE brands for fans of all ages and interests to enjoy.”

Similar to WWE’s RAW and SmackDown brands, WWE will produce, market and promote a full line of ECW products from television programs to pay-per-views to live events to licensed consumer goods.

In a related announcement, The SCI FI Channel today announced it would start airing one-hour episodes of a new ECW live television program, debuting June 13 at 10 p.m. ET.

For more information go to ECW.com.

World Wrestling Entertainment, Inc. (NYSE: WWE) is an integrated media and entertainment company headquartered in Stamford, Conn., with offices in New York City, Los Angeles, Toronto and London. Additional information on the company can be found at wwe.com and corporate.wwe.com.

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Media Contact:            Gary Davis, 203-353-5066

Investor Contact:         Michael Weitz, 203-352-8642

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Forward-Looking Statements: This news 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 the conditions of the markets for live events, broadcast television, cable television, pay-per-view, Internet, entertainment, professional sports, and licensed merchandise; acceptance of the Company's brands, media and merchandise within those markets; uncertainties relating to litigation; risks associated with producing live events both domestically and internationally; uncertainties associated with international markets; risks relating to maintaining and renewing key agreements, including television distribution agreements; 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 to these risks and uncertainties, our dividend is based on a number of factors, including our liquidity and historical and projected cash flow, strategic plan, our financial results and condition, contractual and legal restrictions on the payment of dividends and such other factors as our board of directors may consider relevant.