WWE(R) and Cineplex Entertainment Now Playing in High Definition

    TORONTO, Jan. 24 /CNW/ - Beginning this month, World Wrestling
Entertainment(R) (WWE) and Cineplex Entertainment will present WWE
pay-per-view events to Canadian wrestling fans in stunning High Definition
(HD), live and on the big screen. The first event to be featured in HD will be
WWE's Royal Rumble, live from New York City on Sunday, January 27, 2008, at
fifty participating Cineplex Entertainment theatres across Canada.
    "WWE pay-per-views in HD will take full advantage of the state-of-the-art
theatre presentation provided at Cineplex," said Carl DeMarco President, WWE
Canada, Latin America & China. "Watching Royal Rumble in HD at a Cineplex
theatre will be like sitting front row at the arena."
    "WWE fans have always enjoyed seeing matches on our giant screens
surrounded by superb digital sound," said Pat Marshall, Vice President,
Communications and Investor Relations, Cineplex Entertainment. "Today, we are
enhancing the experience further via high definition presentations. Now, every
WWE fan will feel as if they are in the action on screen alongside their
favourite WWE Superstar."
    WWE and Cineplex Entertainment's HD partnership was made possible by a
series of recent upgrades to WWE's television studios in Stamford, Conn.,
which allow WWE to broadcast all of its weekly programming in HD. The
$20 million HD renovations included refitting of equipment to broadcast WWE
programming and global pay-per-view programming in high definition on cable
and satellite systems around the world. The WWE also worked with NEP
Supershooters to build two new state-of-the-art production trucks, and will
lease a custom transmission truck designed for HD transmission.
    Advance tickets for Royal Rumble are now available for $13.95 + tax and
can be purchased online at www.cineplex.com as well as at participating
theatre box offices.

    Headquartered in Toronto, Canada, Cineplex Entertainment LP owns, leases
or has a joint-venture interest in 131 theatres with 1,327 screens serving
approximately 60 million guests annually. Cineplex Entertainment LP is the
largest motion picture exhibitor in Canada operating the following brands:
Cineplex Odeon, Galaxy, Famous Players (including Coliseum, Colossus,
SilverCity), Cinema City and Scotiabank Theatres. The units of Cineplex Galaxy
Income Fund, which owns approximately 75.7% of Cineplex Entertainment LP, are
traded on the Toronto Stock Exchange (symbol CGX.UN). For more information,
visit us at www.cineplex.com.

    Additional information on World Wrestling Entertainment, Inc. (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, and logos are the exclusive property of World
    Wrestling Entertainment, Inc. ECW is a trademark of WWE Libraries, Inc.
    All other trademarks, logos and copyrights are the property of their
    respective owners.

    Forward-Looking Statements: This news 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 the conditions of the markets for live
events, broadcast television, cable television, pay-per-view, Internet,
feature films, entertainment, professional sports, and licensed merchandise;
acceptance of the Company's brands, media and merchandise within those
markets; uncertainties relating to litigation; risks associated with producing
live events both domestically and internationally; uncertainties associated
with international markets; risks relating to maintaining and renewing key
agreements, including television distribution agreements; 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 to these risks and
uncertainties, our dividend is based on a number of factors, including our
liquidity and historical and projected cash flow, strategic plan, our
financial results and condition, contractual and legal restrictions on the
payment of dividends and such other factors as our board of directors may
consider relevant.

For further information:

For further information: WWE Contacts: Media Contact: Gary Davis, (203)
353-5066; Investor Contact: Michael Weitz, (203) 352-8642; Cineplex
Entertainment Contact: Georgia Sourtzis, Manager, Communications, Cineplex
Entertainment, (416) 323-6728, georgia.sourtzis@cineplex.com

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