Home Entertainment company 2022-10-11 | NYSE: WWE | Press release

2022-10-11 | NYSE: WWE | Press release


WWE® (NYSE: WWE) today announced “WWE Campus Rush,” a multi-campus college athlete recruiting tour that will visit top NCAA Division I colleges in search of the next generation of WWE.

WWE Superstars such as Big E, Bianca Belair, Omos, Madcap Moss and Raquel Rodriguez, who have all transitioned from college athletics to WWE careers, will speak to student athletes at every stop on the tour and educate them about the world leader in sports entertainment. . Working with each university, student-athletes will learn about WWE’s “Next In Line” (NIL) and the resources they can use, including brand building, social media, fan engagement, media training, etc. Each stop on the tour will feature a spirited competition featuring student athletes battling it out on the microphone to cut the best WWE-style promo.

“WWE Campus Rush” will begin tomorrow, October 12 at the University of Mississippi and will visit a total of eight universities from five conferences during the fall semester, including:

Looking ahead to 2023, ‘WWE Campus Rush’ will visit the University of Florida, University of Michigan, Michigan State University, University of North Carolina, Texas A&M University, of Oklahoma, Auburn University, University of Illinois and Northwestern University.

“WWE Campus Rush will serve as a central pillar in our commitment to finding the next generation of WWE Superstars among today’s elite college athletes,” said James Kimball, Chief Talent Strategy and Operations Officer at “The college sports talent pipeline at WWE has proven to be effective, as evidenced by current champions Roman Reigns and Bianca Belair, and we look forward to visiting major college campuses across the country to showcase ourselves in a new way.”

WWE launched its “Next In Line” program in December 2021 and currently has 25 active athletes with NIL partnerships. Three inaugural class athletes joined the company after graduating from college and have begun training. train full-time at the WWE Performance Center in Orlando, Florida.

Additionally, WWE exclusively hosted more than 100 college athletes from more than a dozen different sports in multi-day talent trials in 2022. WWE recruited nearly 50 athletes from these events in a growing effort to find the most talented athletes in the world.

Learn more about the path to WWE at wwerecruit.com.

About WWE

WWE, a publicly traded company (NYSE: WWE), is an integrated media organization and a recognized leader in global entertainment. The company consists of a portfolio of companies that create and deliver original content 52 weeks a year to global audiences. WWE is committed to providing family entertainment on its television programming, premium live events, digital media and publishing platforms. WWE TV-PG programming can be viewed in more than one billion homes worldwide in 30 languages ​​through world-class distribution partners including NBCUniversal, FOX, BT Sport, Sony India and Rogers. The award-winning WWE Network includes all premium live events, scheduled programming and a huge library of on-demand videos and is currently available in over 180 countries. In the United States, NBCUniversal’s streaming service Peacock is the exclusive home of WWE Network.

Additional WWE information is available at wwe.com and corporate.wwe.com.

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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 the future the results, the impact of recent management changes, the scope, duration and conclusions of the investigation conducted by the special committee of independent members of our board of directors; our plans to address material weaknesses identified in our disclosure control and procedures and internal control over financial reporting, and regulatory, investigative or enforcement inquiries, subpoenas or requests arising out of, relating to or in connection with these matters. 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The following additional factors, among others, could cause actual results to differ materially from those contained in the forward-looking statements: the outbreak of COVID-19, which could continue to adversely affect global economies as well as our industry, business and our results of operations; enter into, maintain and renew major distribution and licensing agreements; a rapidly changing and highly competitive media landscape; WWE Network; the computer systems, content delivery and online operations of our Company and our business partners; privacy standards and regulations; our need to continue to develop creative and entertaining programs and events; our need to retain and continue to recruit key artists; the possibility of a decline in the popularity of our sports entertainment brand; the resignation of Vincent K. McMahon; possible adverse changes in the regulatory environment 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, particularly with competitors with greater financial resources or market 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 activities if we fail to 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 geographies; potential substantial liability for accidents or injuries occurring at our physically demanding events; major 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; construction and relocation of 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; possible deterioration in general economic conditions and disruption of financial markets, including those resulting from COVID-19; our debt, including our convertible notes; our potential inability to meet market expectations regarding our financial performance; through his beneficial ownership of a substantial majority of our Class B common stock, our majority shareholder, Vincent K. McMahon, could exercise ultimate control over our affairs, and his interests could conflict with the holders of our common stock class A; our share buyback program; a substantial number of shares are eligible for sale by the McMahons and the sale, or the perception of possible sales, of such shares could cause our share price to decline; and the volatility of our Class A common stock. In addition, our dividend and stock repurchases depend on a number of factors, including, among other things, our historical and projected liquidity and cash flows, our plan strategy (including other uses of capital), our financial results and condition, our contracts and our legal condition. restrictions on the payment of dividends (including under our revolving credit facility), general economic and competitive conditions and any other factors our Board of Directors may deem relevant. 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