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Wednesday, May 20, 2009

WWE® Moves RAW® To Staples Center

-- World Wrestling Entertainment, Inc.

STAMFORD, Conn., May 20, 2009 -- World Wrestling Entertainment® announced today that due to the debacle caused by Kroenke Sports Enterprises regarding Game 4 of the NBA Playoffs, WWE is moving the May 25, 2009 edition of Monday Night RAW® from the Pepsi Center in Denver, CO to the Staples Center in Los Angeles. The event will begin at 5:30 PM PT.

In addition, due to the overwhelming support shown by the Staples Center, Los Angeles Lakers and the California WWE Fans, WWE will hold back-to-back nights of action at the Staples Center, with a second event on Tuesday, May 26 at 6:30 PM PT. Both shows go on sale tonight at 11 PM ET/8 PM PT through Ticketmaster.

WWE will be returning to Denver for an event at the Denver Coliseum on Friday, August 7. Refunds for the Pepsi Center event can be obtained by returning tickets to the place of purchase.

“WWE is extremely grateful to the Lakers and the Staples Center for the hospitality and professionalism shown to WWE during this whole situation,” said Vince McMahon, Chairman of World Wrestling Entertainment. “We apologize to all of the WWE fans in the Denver area who have been inconvenienced by Kroenke Sports Enterprises. We look forward to bringing two consecutive nights of WWE excitement to Staples Center this Monday and Tuesday night.”

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, trademarks, copyrights and logos are the exclusive property of World Wrestling Entertainment, Inc. and its subsidiaries. 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.