Gaiam Vivendi Entertainment and WWE Extend Home Video Licensing Partnership
STAMFORD Conn. and NEW YORK May 14 2013 – WWE (NYSE:WWE) and Gaiam Vivendi Entertainment (GVE) a leading distributor of entertainment and lifestyle media today announced a multi-year extension for home video distribution of WWE programming.
The new agreement will continue to give GVE distribution rights to release 12 WWE pay-per-view events each year including WrestleMania® and SummerSlam® as well as a robust catalog of collectible titles throughout the U.S. on physical and digital platforms.
“WWE has been a true partner for us in every sense of the word ” said Bill Sondheim President of Gaiam Vivendi Entertainment. “Their dedicated fan base continues to power our promotions year after year and this deal helps to energize our retail partners and further fuel our growth. We are excited to continue building exciting cross-promotional and merchandising opportunities with our physical and on-line retailers and key WWE partners.”
“GVE has helped us offer a vast array of programming to our passionate fan base across multiple formats ” said Casey Collins Executive Vice President of Consumer Products WWE. “We are pleased to extend the partnership and continue to offer WWE enthusiasts a wide array of home entertainment programming.”
About Gaiam Vivendi Entertainment
Gaiam Vivendi Entertainment a leading producer distributor and marketer of entertainment and lifestyle media is a subsidiary of Gaiam Inc. (Nasdaq: GAIA). With a diversified distribution network that spans more than 60 000 retail doors as well as an extensive digital platform the company dominates the health and fitness category and ranks among the top three providers of non-theatrical programming. With content focused on film fitness sports and family programming Gaiam Vivendi Entertainment provides sales marketing and distribution services to many of the home entertainment industry’s most prestigious brands including Discovery Communications Hallmark Channel Jillian Michaels NFL Films National Geographic Marvel Animation Shout Factory Televisa and World Wrestling Entertainment.
For more information about Gaiam Vivendi Entertainment call 1.800.869.3603.
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 is broadcast in more than 150 countries and 30 languages and reaches more than 650 million homes worldwide. The company is headquartered in Stamford Conn. with offices in New York Los Angeles Miami London Mumbai Shanghai Singapore Istanbul 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/.
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WWE
203-325-1056
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WWE
203-352-8642
Michael.Weitz@wwecorp.com
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Forward-Looking Statements: This press releasecontains 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 maintaining and renewing key agreements including television and pay-per-view programming distribution agreements; the need for continually developing creative and entertaining programming; the continued importance of key performers and the services of Vincent McMahon; the conditions of the markets in which we compete and acceptance of the Company’s brands media and merchandise within those markets; our exposure to bad debt risk; uncertainties relating to regulatory and litigation matters; risks resulting from the highly competitive nature of our markets; uncertainties associated with international markets; the importance of protecting our intellectual property and complying with the intellectual property rights of others; risks associated with producing and travelling to and from our large live events both domestically and internationally; the risk of accidents or injuries during our physically demanding events; risks relating to our film business; risks relating to increasing content production for distribution on various platforms including the potential creation of a WWE Network; risks relating to our computer systems and online operations; risks relating to the large number of shares of common stock controlled by members of the McMahon family and the possibility of the sale of their stock by the McMahons or the perception of the possibility of such sales; the relatively small public float of our stock; 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 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 general economic and competitive conditions and such other factors as our Board of Directors may consider relevant.