WWE® PARTNERS WITH ENDEAVOR AUDIO TO DEVELOP PODCAST NETWORK
NEW YORK NY AND STAMFORD CONN. (August 22 2019) – Endeavor Audio Endeavor’s audio-first entertainment studio and WWE (NYSE: WWE) a global media and entertainment company today announced plans to launch a new WWE Podcast Network with several Superstar-focused series. The move into the audio space marks a first for WWE and is Endeavor’s latest foray into exploring new podcast formats.
“Storytelling is at WWE’s core and we are eager to add the audio genre to our portfolio ” said Jayar Donlan Executive Vice President WWE Advanced Media. “Partnering with Endeavor Audio an expert in podcasting will enable us to provide our fans with unique content and reach new audiences across the platform.”
“We’re always looking to pair dynamic content with the best formats for listeners ” remarked Moses Soyoola Senior Vice President Endeavor Audio. “Through our new partnership with WWE we’re looking forward to tapping into their iconic event portfolio and talent base to create compelling audio content for their fans.”
Additional details including launch timing and content creative will be announced in the coming weeks.
Endeavor Audio is a full-service operation offering content development financing production distribution marketing and monetization. The studio has produced BLACKOUT the hit audio drama with Academy Award winner Rami Malek (also starring) and QCode; The Bellas Podcast the popular weekly lifestyle chat show hosted by WWE Superstars The Bella Twins®; and Freaknik a podcast about Atlanta’s infamous spring break as part of a larger content partnership with Mass Appeal that also includes Drink Champs the popular hip hop podcast show and the upcoming re-launch of Juan Ep hosted by Peter Rosenberg and Cipha Sounds.
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About Endeavor
Endeavor is a global entertainment sports and content company home to the world’s most dynamic and engaging storytellers brands live events and experiences. The company is comprised of industry leaders including entertainment agency WME; sports fashion events and media company IMG; and the premier mixed martial arts organization UFC. The Endeavor network specializes in talent representation; marketing and licensing; content development distribution and sales; event management; and a number of direct-to-consumer offerings.
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 28 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/.
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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: entering maintaining and renewing major distribution and event agreements; 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.