Multi-year agreement will begin in the first
quarter of 2022 with the release of WWE Prizm
The Panini Group and WWE (NYSE: WWE) announced
today a multi-year agreement that will make Panini WWE’s exclusive
trading card and collectible sticker partner. The landmark
agreement will begin in the first quarter of 2022 and will include
multiple trading card products during the first year. Panini’s U.S.
subsidiary, Panini America will be responsible for developing the
WWE trading card products.
The first product release – 2022 WWE Prizm – will coincide with
the buildup surrounding WrestleMania®, WWE’s biggest annual event,
taking place on April 2 and 3 at AT&T Stadium in Dallas. WWE
trading card products will be available at mass retailers including
Walmart and Target, as well as hobby stores nationwide and
online.
“We have always been intrigued by WWE as a license partner and
their fans’ incredible passion,” said Panini America CEO Mark
Warsop. “Our entire team is looking forward to adding WWE, a truly
iconic license, to our roster of exclusive partners. We have big
plans for our WWE portfolio and the new heights we can help WWE
trading cards and stickers reach in the collectibles arena.”
“Panini has a 60-year history in sports and entertainment
collectibles and is a leader in the trading card space throughout
the U.S. as well as in Latin America, Europe and Asia,” said Scott
Zanghellini, WWE Senior Vice President, Revenue Strategy &
Development. “We believe that this partnership perfectly aligns our
mutual interests in providing fans with exclusive collectibles and,
ultimately, growing this category globally.”
About PANINI
The Panini Group, established 60 years ago in Modena, Italy, has
subsidiaries throughout Europe, Latin America and the United
States. Panini is the world leader in officially licensed
collectibles and is the most significant publisher of collectibles
in the U.S., with official licenses for NFL, NFLPA, NBA, NBPA,
FIFA, UFC, MLBPA, NASCAR, College, Disney, Epic Games and other key
properties from many other licensors. Panini is also the exclusive
trading card and sticker partner of the Pro Football Hall of Fame,
Naismith Memorial Basketball Hall of Fame and Pop Warner Little
Scholars, Inc.
Panini has distribution channels in more than 150 countries and
employs a staff of over 1,200. For more information visit us at
www.paniniamerica.net, www.paninigroup.com or
http://blog.paniniamerica.net/. You can also follow Panini America
on social media platforms Facebook, Twitter, YouTube and
Instagram.
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 programming can be seen in more than 900 million homes
worldwide in 28 languages through world-class distribution partners
including NBCUniversal, FOX Sports, BT Sport, Sony India and
Rogers. The award-winning WWE Network includes all live
pay-per-views, scheduled programming and a massive video-on-demand
library and is currently available in more than 180 countries. In
the United States, NBCUniversal’s streaming service, Peacock, is
the exclusive home to WWE Network.
Additional information on WWE (NYSE: WWE) can be found at
wwe.com and corporate.wwe.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: the impact of the COVID-19 outbreak on our business, results of
operations and financial condition; entering, maintaining and
renewing major distribution agreements; a rapidly evolving media
landscape; 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.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20211026005714/en/
Media: Tracy Hackler, Panini America 214-552-3475
thackler@paniniamerica.net
Greg Domino, WWE 973-620-1025 Greg.Domino@wwecorp.com
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