July 2, 2013, Myanmar - WWE (NYSE:WWE) and SkyNet DTH today announced a new three-year television distribution agreement that brings WWE's weekly television programming to Myanmar.
Beginning this month, SkyNet DTH will broadcast Monday Night Raw®, SmackDown®, WWE Main Event™ and WWE NXT™ on the SkyNet Sports 3 SkyNet Teen channels.
"Joining WWE to bring their world-class entertainment to the people of Myanmar is a significant addition to our expanding portfolio," said Win Naing, Executive General Manager of SkyNet TV. "We look forward to an ongoing partnership with WWE as we help to continue awareness and viewership of this global brand in South East Asia."
"Myanmar is an emerging market in South East Asia and we are pleased to partner with SkyNet DTH to provide the best of WWE's family-friendly entertainment to this new audience," said Sweesin Wu, WWE's Vice President General Manager, Asia Pacific.
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 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, Miami, London, Mumbai, Shanghai, Singapore, Istanbul 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/.
About SkyNet
SKYNET Direct to Home (DTH) is a satellite television pay tv operator provided nationwide in Myanmar by Shwe Than Lwin Media Co.,Ltd. It was launched in November 2010 with a signal reach of 100% within Myanmar. Sky Net currently broadcasts 78 SD channels and 5 HD channels via Apstar 7 satellite. SkyNet is official broadcast partner to many other sporting events including 2014 FIFA World Cup Brazil, Barclay Premier League, UEFA Champions League and Europa League, DFL Bundesliga, Spain La Liga, Italy Serie- A TIM, France Ligue 1, the FA Cup, Major League Soccer, Brazillian League, Japan J- League, Korea K-League and Australia A-League.
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Media Contacts:
Henry Jacob, WWE
+44 20 7349 1744
Win Naing, Skynet
wnaing@shwethanlwinmedia.com
Investor Contact:
Michael Weitz
+1 203-352-8642
Michael.Weitz@wwecorp.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 maintaining and renewing key agreements, including television and pay-per-view programming distribution agreements; 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; our exposure to bad debt risk; uncertainties relating to regulatory and litigation matters; risks resulting from the highly competitive 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; risks associated with producing and travelling to and from our large live events, both domestically and internationally; the risk of accidents or injuries during our physically demanding events; risks relating to our film business; risks relating to increasing content production for distribution on various platforms, including the potential creation of a WWE Network; risks relating to our computer systems and online operations; 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: http://www.news.myanmaronlinecentre.com/2013/07/03/world-wrestling-entertainment-inc-wwe-to-launch-in-myanmar-4/
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