World Wrestling Entertainment issued a statement that its litigation
efforts against Jakks/THQ would continue despite a ruling in Connecticut
State Court:
“The decision today from Connecticut State
Court says that the prior federal court decision in this matter
precludes the Connecticut court from allowing WWE to present our case on
the merits. We believe the federal court decision was wrong, and are
taking steps to have it corrected on appeal.”
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 WWE programming,
talent names, images, likenesses, slogans, wrestling moves, and logos
are the exclusive property of World Wrestling Entertainment, Inc. ECW is
a trademark of 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.
World Wrestling Entertainment
Media:
Gary Davis,
203-353-5066
or
Investors:
Michael Weitz, 203-352-8642
