2008 News
STAMFORD, Conn., May 12, 2008 – Democratic presidential candidate Sen. Hillary Clinton believes the greatest potential for new jobs for younger voters lies in alternative energy, innovation, and infrastructure and public sector jobs, according to her responses to WWE®’s Smackdown Your Vote! 18-30 Voter Issues Paper (VIP). The Smackdown Your Vote! initiative has encouraged millions of young adults to vote in federal, state and local elections.
STAMFORD, Conn., May 8, 2008 – WrestleMania XXIV generated approximately 1.1 million pay-per-view buys, amounting to $23.8 million in pay-per-view revenue in the first quarter of 2008.
STAMFORD, Conn., May 6, 2008 - World Wrestling Entertainment, Inc. (NYSE:WWE) today announced financial results for its first quarter ended March 31, 2008. Revenues totaled $162.6 million as compared to $107.4 million in the comparable prior year quarter. Operating income was $27.1 million as compared to $20.6 million in the prior year quarter. Net income was $19.5 million, or $0.27 per share, as compared to $15.1 million, or $0.21 per share, in the prior year quarter.
TORONTO, Ont., May 5, 2008— World Wrestling Entertainment® is excited to announce that Monday Night RAW was a sell-out in Toronto. More than 14,000 WWE fans were in attendance to see their favourite Superstars and Divas when RAW was broadcast live to the world in high-definition from Toronto’s Air Canada Centre tonight.
STAMFORD, Conn., May 5, 2008 – World Wrestling Entertainment® and the SCI FI Channel announced today that the 100th episode of “ECW: Extreme Championship Wrestling®” will air this Tuesday, May 6, at 10 p.m./9C, live on SCI FI.
Los Angeles, CA – May 5, 2008 – Vince McMahon, World Wrestling Entertainment’s (WWE) visionary founder and a man many consider a marketing genius, will receive the Promax/BDA Lifetime Achievement Award, Promax/BDA president Jonathan Block-Verk announced today. The award will be presented to McMahon during the upcoming 53rd annual Promax/BDA Conference, slated for June 17-19 at Manhattan’s Hilton New York Hotel.
STAMFORD, Conn., May 2, 2008 – WWE’s Smackdown Your Vote! today released the 2008 18-30 Voter Issues Paper (VIP), a guide to help young adults articulate the issues important to them in this national election, and a platform through which the candidates can provide their responses to issues important to this voting demographic. The 18-30 VIP addresses the economy, Iraq war, education, health care, and the environment as the most important issues on the minds of young voters.
STAMFORD, Conn., April 24, 2008- WrestleMania XXIV will be the first Sports category title to ever be released on Blu-ray disc in the United States, Europe, Australia and Canada. The double disc set goes on sale Tuesday, May 20, 2008, the same day as a three-disc DVD version. “It’s natural that WrestleMania 24, the biggest sports entertainment event of the year, is not only the first WWE® title but the first Sports title to be released on Blu-ray” says Joel Satin, VP WWE Home Entertainment and Books. “Blu-ray disc will further demonstrate our commitment to bring WWE’s high-definition content to fans around the world through our network of home video distributors and licensing partners.”
STAMFORD, Conn., April 23, 2008 – Fresh off a tremendously successful WrestleMania XXIV in Orlando, World Wrestling Entertainment® is already working with the Houston business community on WrestleMania XXV, which will be held on Sunday, April 5, 2009, at Houston’s Reliant Stadium, home to the NFL’s Houston Texans.
STAMFORD, Conn., April 23, 2008—WWE’s WrestleMania® Revenge Tours of Europe finished as the most successful in WWE history, selling out 15 of 20 events. The tours generated more than $14.5 million in ticket sales revenue. More than 175,000 fans were in attendance at events in the United Kingdom, Spain, Austria, France, Switzerland, and Portugal to see their favorite Superstars from the RAW®, SmackDown® and ECW® brands.
STAMFORD, Conn., April 21, 2008- The night before an important Pennsylvania primary, Presidential candidates Sen. Hillary Clinton, Sen. Barack Obama and Sen. John McCain will each make a very special appearance on athree-hour edition ofWWE®'s "Monday Night RAW" tonight on the USA Network starting at 8 p.m. ET.
STAMFORD, Conn., April 11, 2008- WrestleMania® XXIV was a financial triumph for World Wrestling Entertainment®, but, more importantly, a triumph of the human spirit for the 50 Make-A-Wish kids and their families who attended WrestleMania as part of WWE’s biggest wish granting event ever with the Make–A-Wish Foundation.
STAMFORD, Conn., April 9, 2008—World Wrestling Entertainment’s® WrestleMania XXIV pay-per-view used music to rock the Florida Citrus Bowl, and at the same time helped rock the charts for the Red Hot Chili Peppers, John Legend, Fuel and Rev Theory.
ORLANDO, Fla., April 3, 2008 – Hometown hero David Silva of the Orlando Public Library and Ajoura Gwinn of the Carnegie Library of Homestead, Pa., were crowned 2008 WrestleMania Reading Challenge National Champions. Silva, the national middle school reading champ, and Gwinn, the national high school reading champ, received the coveted trophies along with ringside seats to WrestleMania XXIV at the Florida Citrus Bowl.
March 30, 2008
ORLANDO, Fla., March 30, 2008- World Wrestling Entertainment® set both attendance and ticket sale records at WrestleMania XXIV tonight at the Florida Citrus Bowl in Orlando. WW® grossed more than $5.85 million in ticket sales, making it the highest grossing live event in WWE history and in the history of the Citrus Bowl. WWE set an attendance record for the Citrus Bowl with 74,635 fans from all 50 states, five Canadian provinces and 21 countries attending WWE's annual pop culture spectacular. set both attendance and ticket sale records at WrestleMania XXIV tonight at the Florida Citrus Bowl in Orlando.
ORLANDO, Fla, March 28, 2008 – The official rules for the Floyd Mayweather vs. Big Show match at WrestleMania® XXIV have just been announced: There MUST be a winner and anything goes. The match can be won by pinfall, submission, or knockout.
STAMFORD, Conn., March 26, 2008- Phat Fashions Kids will join Raven-Symone as participants in World Wrestling Entertainment®’s biggest wish-granting event ever at WrestleMania XXIV on March 30 in Orlando, Fla.
As part of the WWE’s expanded partnership with the Make-A-Wish Foundation, 50 children with life-threatening medical conditions will have their heartfelt wishes fulfilled at WrestleMania XXIV, making it the WWE’s largest wish-granting event ever.
STAMFORD, Conn., March 27, 2008- World Wrestling Entertainment® (WWE) today announced the winners of the “WWE Community Champion” competition held as part of a pilot program with Comcast and Charter to recognize young people for making positive contributions to their community.
STAMFORD, Conn., March 25, 2008- World Wrestling Entertainment® is debuting “WWE Kids,” an exciting new consumer magazine targeting 6-14 year olds. The bi-monthly title launches April 15, beginning with the much anticipated May/June issue. The launch will be supported with a comprehensive cross-platform blitz, including a 100,000-unit pallet promotion in Wal-Mart stores.
STAMFORD, Conn., March 20, 2008 – World Wrestling Entertainment® (WWE) has appointed Steve Barnett as Senior Vice President, Production for WWE Films. His appointment continues the momentum gained after announcing WWE Films’ first-look distribution agreement with Fox Filmed Entertainment.
STAMFORD, Conn., March 24, 2008- World Wrestling Entertainment® is providing cable and satellite customers the opportunity to win a custom WrestleMania® XXIV motorcycle built by Orange County Choppers, the world renowned team behind the hugely successful American Chopper series. Cable affiliates and satellite providers participating in the promotion include Comcast, Time Warner, Charter, Cox, Cablevision, DISH Network and DIRECTV.
STAMFORD, Conn., March 25, 2008- The greatest boxer in the world today - Floyd Mayweather - and the WWE Superstars hit New York City this Wednesday for the official WrestleMania Press Conference. Coming to you live from the heart of Times Square, WWE Superstars such as Triple H, Big Show, Randy Orton and Edge are sure to bring New York a show before the show. Also, for the first time in WWE history, New Yorkers will be captivated by WWE video on the NASDAQ and Reuters Video Boards, live in the heart of Times Square.
STAMFORD, Conn., March 20, 2008 – In accordance with its Substance Abuse and Drug Testing Policy, WWE has suspended Afa Anoai, a developmental talent in the WWE farm system (Florida Championship Wrestling), for 30 days for his first violation of the company’s policy.
STAMFORD, Conn., March 18, 2008 - World Wrestling Entertainment® is going virtual to promote its largest annual event, March 30's WrestleMania XXIV, with an ambitious partnership with Habbo, the virtual community with more than eight million unique users in 31 countries around the world.
HOLLYWOOD, Calif., March 18, 2008 -- Under a sun as blazing as the spotlight in center ring, WWE Chairman Vince McMahon joined the pantheon of entertainment greats by receiving a star on the Hollywood Walk of Fame this past Friday for his achievements in television and pay-per-view. A crowd of nearly 1,000 well wishers and WWE insiders were on hand to witness the occasion. They included Leron Gubler,
President and CEO of the Hollywood Chamber of Commerce, who hosted the ceremony; Bob Cook, President of Twentieth Television; and Paul Franklin, Executive Vice President of MyNetwork TV, which recently acquired rights to air the hit WWE series, "WWE SmackDown."
STAMFORD, Conn., March 17, 2008 – World Wrestling Entertainment Inc. announced today that George Barrios has been named its new Chief Financial Officer, effective March 24, 2008.
ORLANDO, Fla., March 12, 2008 – WrestleManiArt, an event showcasing original artwork created by current WWE® Superstars, will take place in Downtown Orlando on Wednesday, March 26th. The first-of-its kind occasion, which will be held at City Arts Factory, is the official kickoff event of WrestleMania week, which culminates with WrestleMania 24 on Sunday, March 30th at the Florida Citrus Bowl. WrestleManiArt is co-hosted by the Central Florida Sports Commission, the City of Orlando, United Arts of Central Florida and World Wrestling Entertainment®.
STAMFORD, Conn., March 11, 2008 – In accordance with its Substance Abuse and Drug Testing Policy, WWE has suspended Jeff Hardy for 60 days for his second violation of the company’s policy.
CHICAGO, Ill., March 13, 2008 –The Young Adult Library Services Association (YALSA), the fastest-growing division of the American Library Association (ALA), and World Wrestling Entertainment? (WWE?) today announced the 10 regional finalists who will compete to become this year’s national WrestleMania Reading Challenge Champion.
STAMFORD, Conn., March 4, 2008 – In addition to recently announced Floyd Mayweather who will wrestle 7 foot 399 lb Big Show® in a David vs. Goliath match up, WWE is packing a Hollywood punch confirming four more celebrities for WrestleMania XXIV. Five-time Grammy-winner and multi-platinum singer, songwriter and performer John Legend will perform “America the Beautiful” live at this year’s bash in Orlando, Florida on Sunday, March 30. Snoop Dogg will also be on hand as Celebrity Ring Announcer for a “BunnyMania” match with Playboy cover girls Candice Michelle™ and Maria™ squaring off against the Glamazon™ Beth Phoenix™ and Melina. Also confirmed is popular actress/musician Raven-Symoné, who will be a part of the WWE’s biggest wish-granting event ever, hosting the Bacon, Bagels and Biceps brunch and accompanying over 50 Make-A-Wish children at WrestleMania XXIV. Rounding out the extravaganza, Red Hot Chili Peppers will lend their hit single “Snow (Hey Oh)” as the theme song this year.
In this new role, Forster will be charged with the responsibility of developing and implementing a marketing strategy across WWE’s Latin America markets. His goal will be to raise awareness of WWE and its product portfolio across a broader audience to contribute to the company’s already growing international revenue. Forster will be integral in the establishment of a new office in Sao Paulo from which WWE will handle all business initiatives throughout the Latin America region.
STAMFORD, Conn., February 27, 2008 – World Wrestling Entertainment issued a statement from Chairman Vince McMahon concerning comments made at today’s Congressional Hearing in Washington, DC.
Any suggestion made today by Members of the House Committee on Energy and Commerce that I or my organization, WWE, have been uncooperative or that I have in any way “flipped [my] finger” at the Committee by not accepting its invitation to testify today is inaccurate and unfair". The WWE has provided over 3,000 pages of documents and cooperated with all requests from the Committee, as we have with similar requests from the House Oversight and Government Reform Committee. The first and only response to our cooperation from the Committee on Energy and Commerce was an invitation to testify at today’s hearing sent to me by Congressman Rush on January 23, 2008. In that letter, he clearly states that I have the right, according to House rules, to be accompanied by my own counsel. I responded to the invitation to testify by declining for that very reason. My attorney of 20 years, Jerry McDevitt, is unavailable because he is currently representing another client on trial in Pittsburgh, PA (U.S. vs. Cyril Wecht). Since I sent my letter of declination 30 days ago, there had been no response from the Committee until today’s unfair and inaccurate comments made by members of the Committee. Despite this, as I pledged in my January 28, 2008 letter to the Committee, I remain willing to cooperate fully with the Committee's inquiry.
PHOENIX, Ariz., February, 26, 2008¬– World Wrestling Entertainment, Inc. is strengthening its 20-year dedication to the Make-A-Wish Foundation of America and granting the wishes of children with life-threatening medical conditions with a new multi-year agreement announced Tuesday during a joint press conference at US Airways Center.The partnership’s first act under the new, multi-year million dollar sponsorship commitment will be to hold the WWE®’s biggest wish-granting event ever at WrestleMania XXIV on March 30 in Orlando, Fla.
NEW YORK , NY., February 26, 2008 – MyNetworkTV and World Wrestling Entertainment® (WWE) have announced a new broadcast television home for “WWE SmackDown,” scheduled to debut in Fall 2008. The announcement was jointly made by MyNetworkTV President, Greg Meidel and WWE Chairman of the Board Vincent K. McMahon.
STAMFORD, Conn., February 25, 2008- World Wrestling Entertainment (WWE) and Fox Filmed Entertainment have entered into first-look agreements that encompass both Fox Atomic and Twentieth Century Fox Home Entertainment (TCFHE). The deals allow for both Fox Atomic and WWE to create film projects for release in a variety of distribution mediums including theatrical, direct digital download, and made-for-DVD. The projects will incorporate WWE talent and themes and capitalize on the brand awareness of both organizations.
STAMFORD, Conn., February 21, 2008 - World Wrestling Entertainment, Inc. announced today a 50% boost in stockholder dividends for all shares not owned by the McMahon family. The quarterly dividend goes from $.24 to $.36 per share. The McMahon family quarterly dividend remains at $.24 per share. This news comes on the heels of WWE reporting a 23% increase in 2007 fourth quarter results over the prior year quarter. “This announcement underscores our commitment to the Company’s public shareholders” commented Vincent K. McMahon, Chairman of the Board of Directors.
February 19, 2008
STAMFORD, Conn., February 19, 2008 - World Wrestling Entertainment, Inc. (NYSE:WWE) announced today that, subject to the receipt of a favorable tax ruling from the Internal Revenue Service, it anticipates increasing its regular quarterly cash dividend on Class A common stock to $0.36 per share. The Class B holders would agree to waive this increase for three years and instead continue to receive the current $0.24 per share quarterly cash dividend. The new Class A dividend would represent an 8.6% yield based on our most recent closing stock price. The Class A common stock is held by the Company’s public stockholders, and the Class B common stock is held by members of the McMahon family and their trusts.
STAMFORD, Conn., February 15, 2008 – The World Wrestling Entertainment® Superstars of SmackDown® and ECW® appeared in Guatemala City, Guatemala; Guadalajara, Mexico; Quito, Ecuador and Santiago, Chile from February 9 to 14 in front of enthusiastic crowds following the amazing reception received by WWE on its recent publicity tour throughout Latin America, which drew huge crowds of fans and press.
STAMFORD, Conn., February 15, 2008 - World Wrestling Entertainment, Inc. (NYSE:WWE) will hold its 2008 Annual Meeting of Stockholders at 10 a.m. ET on Friday, May 9, 2008, at the Holiday Inn Select, 700 Main Street, Stamford, CT 06901. Registration will begin at 9:30 a.m. ET. The record date for voting at the meeting was set as the close of business on March 14, 2008.News release description...
STAMFORD, Conn., February 13, 2008 - World Wrestling Entertainment® (“WWE”), the greatest force in sports entertainment, and Mattel, Inc., the undisputed champion of the toy industry and the world’s leading toy manufacturer, today announced that they have entered into a comprehensive, multi-year licensing agreement, effective as of January 2010, naming Mattel as WWE’s master toy licensee covering all global territories upon the expiration of WWE’s current toy license.
STAMFORD, Conn., February 12, 2008 - World Wrestling Entertainment, Inc. (NYSE:WWE) today announced financial results for its fourth quarter ended December 31, 2007. Revenues totaled $132.6 million as compared to $107.6 million in the prior year quarter while operating income was $24.7 million as compared to $17.5 million in the prior year quarter. Net income was $21.5 million, or $0.30 per share, as compared to $15.5 million, or $0.22 per share, in the prior year quarter.
February 11, 2008
February 7, 2008
STAMFORD, Conn., Febraury 7, 2008- After a successful decade of “SmackDown” on both UPN and The CW, World Wrestling Entertainment and The CW have agreed to conclude our partnership. Since The CW’s exclusive negotiation period ran out as of last Thursday, January 31, we have been contacted and have been in negotiations with other networks. “WWE SmackDown” will continue to air on The CW until the conclusion of the 2007-08 broadcast season. We are grateful to Les Moonves, Dawn Ostroff, and their entire organization for bringing “WWE SmackDown” to millions of viewers for so many years.
STAMFORD, Conn., FebrWorld Wrestling Entertainment® announced today that Ohio Valley Wrestling (OVW) will no longer be affiliated with World Wrestling Entertainment as an official developmental territory, making Florida Championship Wrestling™ (FCW™) WWE’s official development training facility for talent around the globe.
STAMFORD, Conn., January 23, 2008- World Wrestling Entertainment® and its partners kick off the 2008 WrestleMania Fan Axxess tour this month, giving fans the opportunity to watch, attend, and experience all things WWE®. Serving as the official kick-off on the “Road to WrestleMania,” the award-winning annual tour is WWE’s largest interactive mobile marketing initiative and is coming off a record breaking year that brought more than 237,000 fans out to various events nationwide.
STAMFORD, Conn., January, 23, 2008Pixels are flying as World Wrestling Entertainment® takes their annual Royal Rumble® to Habbo’s virtual world. Though the actual Royal Rumble doesn’t take place until January 27, live on pay-per-view, the action on Habbo.com has already begun. And just like the real Rumble, the winner will be going to WrestleMania® 24 on March 30 in Orlando.
News release description...
STAMFORD, Conn., January 22, 2008 – World Wrestling Entertainment, Inc. (NYSE:WWE) announced that it will report its 2007 fourth-quarter and full-year results on Tuesday, February 12, 2008, before the market opens. Senior management will host a conference call beginning at 11:00 a.m. ET to discuss the results.
STAMFORD, Conn., January 16, 2008 – Derrick Neikirk and Neil Bzibziak, two developmental talents in the WWE farm system (Florida Championship Wrestling), have been suspended for violations in accordance with WWE’s Substance Abuse and Drug Testing Policy.
STAMFORD, Conn., January 14, 2008- World Wrestling Entertainment® fans will soon be getting their weekly doses of high-energy entertainment delivered in stunning high definition. Beginning the week of January 21, WWE’s Monday Night RAW® and A.M. RAW on USA, ECW®: Extreme Championship Wrestling™ on SCI FI Channel, and Friday Night SmackDown® on The CW will all be delivered in HD.
STAMFORD, Conn., January 7, 2007 – During the last two full weeks of 2007, World Wrestling Entertainment®’s Friday Night SmackDown was the No. 1 English-language primetime program on broadcast TV among Hispanic households. During the week of December 24, SmackDown out-performed the NFL’s highly anticipated Patriots vs. Giants game on both CBS and NBC, garnering a 4.6 rating.
STAMFORD, Conn., January 3, 2008 – World Wrestling Entertainment® (WWE) and mun2 have announced the “Ultimate Quinceañera” Sweepstakes, giving one lucky winner the ultimate WWE RAW themed Quince of her dreams. Female fans between the ages of 15 and 21 who would like to celebrate a quinceañera in 2008 can enter the “Ultimate Quinceañera” Sweepstakes now by visiting holamun2.com/raw. Entries must be received between January 1 and January 30, 2008. The Sweepstakes is co-sponsored by WWE and mun2.
STAMFORD, Conn., January 2, 2008- World Wrestling Entertainment®, in conjunction with Bakus International, is ready to thrill Brazilians with the debut of the internationally renowned television programs “WWE RAW®” and “WWE SmackDown®” this month on Sistema Brasileiro de Televisão (SBT).