NEWS

QUIBI AND WWE ANNOUNCE SUPERSTARS IN FIGHT LIKE A GIRL

LOS ANGELES CA and STAMFORD Conn. January 15 2020 - Quibi and WWE today announced the WWE Superstars participating in the transformational series Fight Like a Girl. Leading individual episodes of the upcoming series are WWE Superstars Sasha Banks Brie Bella Nikki Bella Alexa Bliss Sonya Deville  Charlotte Flair Nia Jax Becky Lynch and Natalya.

In each episode of Fight Like a Girl Stephanie McMahon pairs a WWE Superstar with a young woman struggling with a personal issue that has been holding her back. The WWE Superstars draw from their own life experiences to help their trainees overcome obstacles and become tougher stronger and healthier versions of their former selves inside and out.

“This strong cast of Superstars are leaders and role models who each have personal stories of challenge perseverance and triumph ” said Stephanie McMahon WWE Chief Brand Officer. “We are thrilled to have them on board to help young women find both their inner and outer strength and overcome adversity in their lives.”

Shot at the world-famous WWE Performance Center in Orlando Florida each episode features a stunning transformation and heart-pounding reveal as the women change their lives forever.

Produced by WWE Studios and Critical Content. Executive Producers are Stephanie McMahon Susan Levison and Ben Zierten for WWE Studios and Tom Forman Jenny Daly and Jon Beyer for Critical Content.

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About WWE Studios
WWE Studios is WWE’s multi-platform content division that develops and produces scripted and non-scripted series documentaries and feature films. WWE Studios recently produced the feature film Fighting with My Family in association with MGM and Seven Bucks Productions and is currently producing The Main Event a feature film for Netflix; The Big Show Show a live-action comedy series for Netflix; and Fight Like a Girl an unscripted series for Quibi. Recent projects also include Andre the Giant an Emmy-nominated documentary in partnership with HBO as well as hit shows Total Divas and Total Bellas on E! and Miz & Mrs. on USA.

About Quibi
Quibi is a mobile-first media technology platform bringing together the best of Silicon Valley and Hollywood. Headquartered in Los Angeles Quibi is the first entertainment platform built for easy on-the-go mobile viewing allowing today's leading studios and creative talent to tell original stories in an entirely new way.

About Critical Content
Critical Content is a leading global independent content studio. Launched in October of 2015 the company focuses on unscripted and scripted programming for broadcast cable and digital platforms. Critical Content currently has more than 50 projects in production for more than 30 different networks. Recent series include “Catfish” (MTV) “Very Cavallari” (E!) “StayHere” (Netflix) “Get a Room with Carson & Thom” and “Backyard Envy” (Bravo) “Ozzy and Jack’s World Detour” (A&E) “Who Shot Biggie & Tupac?” (FOX) “Caribbean Pirate Treasure” (Travel Channel) “The Case Of: JonBenét Ramsey” (CBS Netflix) “The Great Food Truck Race” (Food Network) “Disney’s Fairytale Weddings” (Freeform) “Racing Wives” (CMT) HOME FREE (FOX) “StartUp” (Crackle Amazon) “Limitless” (CBS) “Pretty.Strong.” (Oxygen) and “Young and Hungry” (Freeform).

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/.

Media Contacts:

WWE
Mead Rust
203-352-1084
Mead.Rust@wwecorp.com

Quibi:
Ryan Donegan
ryan.donegan@quibi.com

Investor Contact:
Michael Weitz
203-352-8642
Michael.Weitz@wwecorp.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: 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.