Rogers and WWE® Announce Landmark Television and WWE® Network Agreement
31 Jul, 2014, 08:35 ET
TORONTO, July 31, 2014 /CNW/ - Rogers Communications and WWE (NYSE: WWE) today announced a historic 10-year broadcast and multimedia agreement, making Rogers the exclusive distributor of WWE's flagship programming in Canada through 2024. The deal extends WWE's current programming on Sportsnet 360 and includes the right to distribute WWE Network as a premium linear channel, with a preview beginning August 12.
Rogers will be the exclusive distribution partner of all WWE pay-per-view events throughout Canada and will sponsor an application to the CRTC to bring the popular WWE Network to Canada. Starting August 12, a preview of WWE Network content, including live WWE pay-per-view events, groundbreaking original series, live in-ring action, reality shows and a video-on-demand library, will be available on a subscription basis on Rogers Channel 512. Rogers will offer this WWE Network content preview subscription to all cable, satellite and IPTV providers across Canada.
Fans in Canada will receive more WWE programming than ever before through Rogers' cable and digital assets. Highlights from the new deal also include national rights for Raw®, SmackDown® and Main Event® on Sportsnet 360, Sportsnet NOW and Rogers Anyplace TV.
"This landmark deal is a win-win for WWE fans in Canada," said Scott Moore, President of NHL & Sportsnet, Rogers. "The premium WWE content offers our customers more of the programming they want, on any platform of their choosing. We are thrilled to continue our partnership with WWE, and deliver exclusive content to its passionate fan base in Canada for the next decade."
"We are excited to expand our partnership with Rogers as we look for innovative ways to grow our brand and further the reach of our programming in Canada through their vast distribution channels and marketing platforms," said Gerrit Meier, WWE Executive Vice President, International. "The structure of this new agreement demonstrates WWE's commitment to growing our brand internationally through integrated partnerships as well as the flexibility we have in rolling out WWE Network around the world."
About Rogers Communications
Rogers Communications is a diversified Canadian communications and media company. We are Canada's largest provider of wireless voice and data communications services and one of Canada's leading providers of cable television, high speed internet and telephony services. Through Rogers Media we are engaged in radio and television broadcasting, televised shopping, magazines and trade publications, sports entertainment, and digital media. We are publicly traded on the Toronto Stock Exchange (TSX: RCI.A and RCI.B) and on the New York Stock Exchange (NYSE: RCI). For further information about the Rogers group of companies, please visit rogers.com.
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, London, Miami, Mexico City, Mumbai, Shanghai, Singapore, Munich, Dubai 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 entering into, maintaining and renewing key agreements, including television and pay-per-view programming and our new network distribution agreements; risks relating to the launch and maintenance of our new network; 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; uncertainties relating to regulatory matters; risks resulting from the highly competitive and fragmented 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; the risk of accidents or injuries during our physically demanding events; risks associated with producing and travelling to and from our large live events, both domestically and internationally; risks relating to our film business; risks relating to new businesses and strategic investments; risks relating to our computer systems and online operations; risks relating to general economic conditions and our exposure to bad debt risk; risks relating to litigation; risks relating to market expectations for our financial performance; risks relating to our revolving credit facility specifically and capital markets more generally; 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.
SOURCE: Rogers Media
For further information: Media Contact: Jennifer Neziol, Rogers, 416-275-9182, [email protected]; Matthew Altman, WWE, 203-352-1177, [email protected]; Investor Contact: Michael Weitz, WWE, 203-352-8642, [email protected]
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