Press Release Source: World Wrestling Entertainment, Inc.
WWE Signs Three-Year Deal With CJ Media In Korea
Monday April 11, 10:42 am ET
STAMFORD, Conn.--(BUSINESS WIRE)--April 11, 2005--World Wrestling Entertainment® today announced a three-year, multi-million dollar agreement with CJ Media, one of Korea's largest media and entertainment corporations, to provide 1,400 hours of original programming starting in 2005 through January 2008.
CJ Media is CJ Group's television and entertainment arm with major interests in film production, theatrical exhibition and distribution, as well as operating Korea's second largest multi-channel provider.
WWE's programming will appear on the new youth oriented channel "XTM" and will be available in more than 10 million homes in Korea. Among the programs to appear on XTM are WWE RAW® , WWE SmackDown!®, WWE Heat(TM), WWE Velocity®, WWE Bottom Line® and WWE AfterBurn®, as well as 15 monthly spectaculars annually including WrestleMania®, Royal Rumble®, SummerSlam® and Survivor Series®.
Andrew Whitaker, Senior Vice President and Managing Director of WWE'S International TV Group, commented: "This is a landmark deal for WWE in the enormously important Korean market. Partnering with a first class company such as CJ Media is yet another example of the WWE brand delivering for broadcasters. And we are sure this will provide an entry point for WWE to operate in other emerging platform spaces."
Additional information on World Wrestling Entertainment, Inc. (NYSE: WWE - News) can be found at wwe.com and corporate.wwe.com. For information on our global activities, go to http://www.wwe.com/worldwide/.
Trademarks: The names of all World Wrestling Entertainment televised and live programming, talent names, images, likenesses, slogans and wrestling moves and all World Wrestling Entertainment logos are trademarks which are the exclusive property of World Wrestling Entertainment, Inc. All other trademarks are the property of their respective owners
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