Streaming Service Flow TV to Become the New
Home of WWE Network in the Caribbean, including All Premium Live
Events and Entire Archive Library
WWE (NYSE: WWE) and C&W Communications (CWC) today announced
a major broadcast partnership that will see Flow TV – the leading
TV service in the region – become the new home of WWE Network
across the Caribbean.
The partnership includes all WWE Premium Live Events, kicking
off with Clash at the Castle this Saturday, available for customers
subscribed to the Flow Sports packages on Flow Sports Extra Channel
4. WWE Network’s full library of original and archived programming
will be available to stream on-demand via Flow TV VOD to all CWC
Flow TV subscribers.
Additionally, linear channel Flow 1 will continue to broadcast
live weekly episodes of Raw®, SmackDown® and NXT 2.0® to all CWC
Flow TV and BTC TV subscribers.
“We are excited to expand our successful partnership with CWC
into the future,” said Matt Drew, Senior Vice President, WWE
International. “By delivering our Premium Live Events starting with
Clash at the Castle, as well as WWE’s massive content library, we
believe it will be easier than ever for fans across the region to
enjoy everything that WWE has to offer.”
Britta Reinhardt, Chief Commercial Officer, Consumer Markets
said, “Flow/BTC is delighted to be the new home of WWE in the
region. This partnership is exciting news for our customers and
will deliver thousands of hours of premium entertainment content
across our markets. WWE has consistently ranked amongst the most
watched content by our subscribers and now with additional access
to WWE Premium Live events promises to deliver even greater value
for our Flow/BTC customers.”
All WWE live programming, Premium Live Events, original shows
and archived content will be available through the Flow Sports App,
in a dedicated WWE Network section, later this year. Fans will
enjoy the very best of WWE alongside Flow Sports content from UEFA
Champions League, Europa League, Bundesliga, IPL, West Indies
Cricket (away series), International Cricket, Diamond League, and
Championship Boxing.
About WWE
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 1 billion homes worldwide in 30 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.
The Company is headquartered in Stamford, Conn.
Additional information on WWE can be found at wwe.com and
corporate.wwe.com.
About CWC
C&W Communications, a subsidiary of Liberty Latin America,
is a full-service communications and entertainment provider and
delivers market-leading video, broadband, telephony, and mobile
services to consumers in more than 20 markets. Through its business
division, C&W provides data centre hosting, domestic and
international managed network services, and customized IT service
solutions, utilizing cloud technology to serve business and
government customers. C&W also operates a state-of-the-art
submarine fibre network – the most extensive in the region.
For more information, please visit www.cwc.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, and oral statements made from time to time
by our representatives may contain, forward-looking statements
pursuant to the safe harbor provisions of the Securities Litigation
Reform Act of 1995. Forward looking statements include statements
regarding, our outlook for future financial results, the impact of
recent management changes, the scope, duration and findings of the
investigation being conducted by the special committee of
independent members of our Board of Directors; our plans to
remediate identified material weaknesses in our disclosure control
and procedures and our internal control over financial reporting,
and regulatory, investigative or enforcement inquiries, subpoenas
or demands arising from, related to, or in connection with these
matters. In addition, the words “may,” “will,” “could,”
“anticipate,” “plan,” “continue,” “project,” “intend,” “estimate,”
“believe,” “expect,” “outlook,” “target,” “goal,” “guidance” and
similar expressions are intended to identify forward-looking
statements, although not all forward-looking statements contain
such words. These statements relate to future possible events, as
well as our plans, objectives, expectations and intentions and are
not historical facts and accordingly involve known and unknown
risks and uncertainties and other factors that may cause the actual
results or the performance by us to be materially different from
future results or performance expressed or implied by such
forward-looking statements. These forward-looking statements are
subject to uncertainties relating to, without limitation, the
departure of Vince McMahon from the Company and the appointment of
Stephanie McMahon and Nick Khan as co-Chief Executive Officers; the
scope, duration and findings of the ongoing investigation by the
special committee of independent members of our Board of Directors;
regulatory, investigative or enforcement inquiries, subpoenas or
demands arising from, related to, or in connection with these
matters; our ability to remediate material weaknesses in our
disclosure controls and procedures and our internal control over
financial reporting; and reputational harm to the Company’s
relationships with its stockholders, customers, talent and
partners, which may have adverse financial and operational impacts,
among other factors. The following additional factors, among
others, could cause actual results to differ materially from those
contained in forward-looking statements: the COVID-19 outbreak,
which may continue to affect negatively world economies as well as
our industry, business and results of operations; entering,
maintaining and renewing major distribution and licensing
agreements; a rapidly evolving and highly competitive media
landscape; WWE Network; computer systems, content delivery and
online operations of our Company and our business partners; privacy
norms and regulations; our need to continue to develop creative and
entertaining programs and events; our need to retain and continue
to recruit key performers; the possibility of a decline in the
popularity of our brand of sports entertainment; the resignation 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/or our inability to compete
effectively, especially against competitors with greater financial
resources or marketplace presence; 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; large public events as well as travel to and from
such events; our expansion into new or complementary businesses,
strategic investments and/or acquisitions; our accounts receivable;
the construction and move to our new leased corporate and media
production headquarters; litigation and other actions,
investigations or proceedings; a change in the tax laws of key
jurisdictions; our feature film business; a possible decline in
general economic conditions and disruption in financial markets
including any resulting from COVID-19; our indebtedness including
our convertible notes; our potential failure to meet market
expectations for our financial performance; through his beneficial
ownership of a substantial majority of our Class B common stock,
our controlling stockholder, Vincent K. McMahon could exercise
ultimate control over our affairs, and his interests may conflict
with the holders of our Class A common stock; our share repurchase
program; 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 and share
repurchases are 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/A and quarterly reports on Form 10-Q/A
and Form 10-Q.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20220901005456/en/
Media: WWE Joel Zietcer
Joel.Zietcer@wwecorp.com C&W Communications Marilyn Sealy +1
(246) 254 5349 Marilyn.Sealy@cwc.com Investor: Seth Zaslow 203 352 1026
Seth.Zaslow@wwecorp.com
World Wrestling Entertai... (NYSE:WWE)
Historical Stock Chart
From Mar 2024 to Apr 2024
World Wrestling Entertai... (NYSE:WWE)
Historical Stock Chart
From Apr 2023 to Apr 2024