Skip to main content

InvestorsMay 8, 2007

WWE(R) Teams Up With Charter To Bring WWE 24/7(TM) On Demand To Millions of Charter Customers

Share Article:

STAMFORD, Conn. & ST. LOUIS, May 08, 2007 (BUSINESS WIRE) -- World Wrestling Entertainment(R) and Charter Communications, Inc. (Nasdaq: CHTR) today announced that they have launched WWE 24/7 On Demand to Charter customers nationwide with a full lineup of wrestling. The agreement makes WWE's subscription based video-on-demand service available to all of Charter's VOD enabled customers.

"WWE fans will enjoy the addition of this programming as all of our Charter OnDemand content continues to grow," said Alison Lay, Charter, Director of Video on Demand.

With the addition of Charter Communications, WWE 24/7 On Demand is now firmly established at the forefront of on-demand digital television products. WWE now has agreements with 13 of the top 15 MSOs in the country, making WWE 24/7 available to over 75% of VOD enabled subscribers.

"We're excited that our product is proving its viability as it continues to reach more and more on-demand subscribers," said Peter Clifford, Senior Vice President, Distribution and Affiliate Marketing. "We are delivering on our promise to bring more customers to the On Demand platform and keep them there."

Clifford said that WWE 24/7 On Demand is continuing to create innovate promotions with affiliates to drive even more WWE fans to the On Demand platform. "In fact, in September, we are doing an aggressive new customer campaign with all our major affiliates that will feature a free month of WWE 24/7 for new customers," said Clifford. "Once new customers sample WWE 24/7, they all want more."

Charter Communications, Inc. is a leading broadband communications
 company and the third-largest publicly traded cable operator in the
 United States. Charter provides a full range of advanced broadband
 services, including Charter Digital(R) video entertainment
 programming, Charter High-Speed(R) Internet access, and Charter
 Telephone(R). Charter Business(TM) similarly provides scalable,
 tailored and cost-effective broadband communications solutions to
 business organizations, such as business-to-business Internet access,
 data networking, video and music entertainment services and business
 telephone. Charter's advertising sales and production services are
 sold under the Charter Media(R) brand. More information about Charter
 can be found at www.charter.com.
----------------------------------------------------------------------

WWE 24/7 On Demand delivers the best of professional wrestling - all day, every day - from the world's largest professional wrestling video library. With WWE 24/7, fans can relive legendary matches and moments with wrestling superstars past and present, as well as access exclusive new programming. In addition, each month features an overriding theme that is reflected throughout the programming. WWE 24/7 On Demand connects viewers to timeless action and the intense drama that fans expect from WWE.

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 World Wrestling Entertainment Inc. programming, talent names, images, likenesses, slogans, wrestling moves, and logos are the exclusive property of World Wrestling Entertainment Inc. ECW is a trademark owned by 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.

SOURCE: World Wrestling Entertainment, Inc. and Charter Communications, Inc.

Charter Media:
Anita Lamont, 314-543-2215
or
WWE Media:
Gary Davis, 203-353-5066
or
WWE Investor:
Michael Weitz, 203-352-8642