WWE® STUDIOS AND ANCHOR BAY FILMS
TO DISTRIBUTE THE DAY
STAMFORD, Conn.,– WWE® Studios (NYSE:WWE) and Anchor Bay Films today announced a partnership to co-distribute the provocative action thriller, The Day. WWE Studios secured the U.S. distribution rights to the film immediately after the film's initial audience screening at the Toronto Film Festival.
The Day was one of the most buzzed-about films at the 2011 Toronto International Film Festival’s Midnight Madness section. The film stars a stunning cast that includes Shawn Ashmore (The X-Men trilogy), Dominic Monaghan (“Lost” and The Lord of the Rings) Shannyn Sossamon (A Knight’s Tale, 40 Days and 40 Nights) and Ashley Bell (The Last Exorcism).
“With the incredible audience reaction it saw at Toronto, we knew that The Day would be a great addition to our brand,” said WWE Studios President, Michael Luisi. “By combining the marketing power of our television, digital/social media and print assets with Anchor Bay’s tremendous distribution capabilities and successful track record, we look forward to bringing this film to a broad audience.”
“We are extremely excited that we are partnering with WWE Studios in this venture,” commented Kevin Kasha, Executive Vice President, Acquisitions and Co-Productions. “The film’s production team has created a truly fresh story and brought in top young talent to bring it to life. Audiences will be thrilled, thoroughly entertained and will be left hungry for more.”
About WWE Studios
WWE Studios continues to strategically diversify its slate of films, which include theatrical releases and direct-to-home premieres, under the guidance of President Michael Luisi. Upcoming films for WWE Studios includes: No One Lives starring Luke Evans and WWE Superstar Brodus Clay which was co-produced with Pathé Films; and Barricade starring Eric McCormack.
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 145 countries and 30 languages and reaches more than 500 million homes worldwide. The company is headquartered in Stamford, Conn., with offices in New York, Los Angeles, 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 Anchor Bay Films
Anchor Bay Films is unique in that it offers the creative community a fully integrated distribution capability on all platforms and an international solution extending beyond the U.S. Anchor Bay Films is a division of Anchor Bay Entertainment and is on the ground providing quality distribution with operations in the U.S., United Kingdom, Canada and Australia, as well as distribution capabilities in other key territories. The company focuses on a platform release strategy for its films with an eye toward maximizing their potential across all ancillary distribution platforms. Upcoming releases include Seeking Justice starring Nicolas Cage, January Jones and Guy Pearce on March 18th and Touchback starring Brian Presley on April 13th. Films in its library include the critically-acclaimed comedy City Island starring Andy Garcia and Solitary Man starring Michael Douglas as well as the 2011 releases of Kill the Irishman starring Ray Stevenson, Vincent D’Onofrio, Val Kilmer and Christopher Walken, Toronto Film Festival award-winner Beautiful Boy with Maria Bello and Michael Sheen and Cannes 2011 premiere Corman’s World. Anchor Bay Entertainment is a subsidiary of Starz Media, LLC (www.starzmedia.com) which is an operating unit of Starz, LLC, a wholly-owned subsidiary of Liberty Media Corporation.
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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, without limitation, risks relating to maintaining and renewing key agreements, including television 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 and any new business initiative which we may undertake; 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.