WWE issued the following:
STAMFORD, Conn.–(BUSINESS WIRE)–
WWE (NYSE: WWE) announced that it
will report its second quarter 2016
results on Thursday, July 28, 2016,
before the opening of the market. The
Company’s Chairman & CEO, Vincent K.
McMahon, and the Company’s Chief
Strategy & Financial Officer, George
Barrios, will host a conference call
beginning at 11:00 a.m. ET to discuss
the results.
All interested parties are welcome to
listen to a live web cast that will be
hosted through the Company’s web
site at ir.corporate.wwe.com.
Participants can access the conference
call by dialing 855-200-4993 (toll free)
or 913-489-5104 from outside the U.S.
(conference ID for both lines: 9273549)
. Please reserve a line approximately
10 minutes prior to the start time of
the conference call.
The earnings presentation referenced
during the call will be made available
on July 28, 2016 at
ir.corporate.wwe.com. A replay of the
call will be available approximately
two hours after the conference call
concludes, and can be accessed on the
Company’s web site.
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 reaches more than
650 million homes worldwide in 25
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/
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: WWE
Network; major distribution
agreements; 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; 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 relating to CTE; 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 revolving
credit facility; 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 relatively small public “float” 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.
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