DUBAI, UAE & STAMFORD, CONN - Thursday, February 12th 2015 [ME NewsWire]
(BUSINESS WIRE)-- OSN, the leading pay-TV network in the Middle East and North Africa (MENA), and WWE® (NYSE:WWE) today announced a five-year partnership to distribute WWE Network as a premium, linear channel in time for WrestleMania® on Sunday, March 29, exclusively on OSN.
The agreement will run concurrent with WWE and OSN’s existing partnership to air WWE’s flagship programming, Raw® and SmackDown®, as well as NXT ®, Superstars and more in the region.
OSN subscribers will be able to access the premium linear network via their set top boxes, and anytime, anywhere on multiple devices via OSN Play and through authenticated access via WWE Network apps. WWE Network will also be offered in the region on a direct-to-consumer basis through the WWE app, available on GO by OSN.
“OSN has a long standing relationship with WWE and we are very excited to be expanding that relationship further with the exclusive carriage of the WWE Network,” said Andy Warkman OSN’s VP, Sport and Production “We will be co-branding the linear channel OSN WWE Network HD and following on from our enhanced TV deal renewal last year, this is great news for WWE fans in the Middle East & North Africa region. We are looking forward to launching the Network in the coming weeks and cementing our position as the Home of WWE in the region.”
“OSN is the leader in pay television in the Middle East and North Africa, and we are excited to expand our partnership and further our reach within the region by adding WWE Network as a premium, linear channel,” said Gerrit Meier, WWE Executive Vice President, International. “WWE is committed to growing our brand globally and this agreement illustrates the flexibility we have in rolling out WWE Network around the world, offering our fans an extraordinary experience.”
WWE Network is available in more than 170 countries and territories and recently surpassed 1 million subscribers just 11 months after launch, making it the fastest-growing digital subscription service. WWE Network’s one-of-a-kind programming includes all 12 WWE pay-per-view events LIVE at no additional charge plus groundbreaking original series, reality shows, documentaries, classic matches, exclusive coverage of special events and nearly 3,000 hours of video-on-demand content.
About OSN
OSN is the ultimate destination for the widest choice of brand new premium Western, Arabic, South Asian (Hindi, Urdu, Bengali, Malayalam and Tamil) and Filipino entertainment in the Middle East and Africa.
OSN is the home to over 145 channels and services filled with great value entertainment, offering viewers in the MENA region exclusive access to the latest blockbuster movies, top rated series, sports, documentaries, news, kid’s entertainment and live talk shows. The movie offering includes over a 100 uncut and uninterrupted movie premieres a month.
OSN boasts the most comprehensive portfolio of exclusive rights from all the major studios including Warner Brothers, Paramount, Fox, Disney, Sony, MGM, Universal, HBO and DreamWorks and offers access to the world’s leading television brands including Disney channel, Sky News, Discovery Network and National Geographic.
Launched in August 2013, OSN Pehla brings the best of Bollywood movies and premium cricket, including exclusive telecast rights of international tournaments such as the ICC Cricket World Cup and Indian cricket, through leading sports channels OSN Sports Cricket HD and Ten Cricket.
As the leader in innovation, OSN has changed the TV viewing experience by bringing quality entertainment through 58 High Definition channels and is currently the only network offering a full HD bouquet of channels as well as 3D entertainment in the region.
OSN was the first to launch the OSN DVR HD; the regions first online TV platform, OSN Play; the regions first 3D, HD, internet enabled satellite receiver and recorder, OSN Plus HD and the region’s first VOD service, OSN on Demand offering viewers the opportunity to watch over 1000 movies and 52 latest seasons of the top series, all available in full HD quality and Dolby Digital sound.
September 2012 saw the launch of OSN’s rewards programme, OSN Privileges, offering subscribers money can’t buy experiences, special offers and premium prizes all year round.
Addressing the changing viewing habits of consumers across the region, in May 2014, OSN launched ‘Go by OSN’, a premium online TV service providing subscribers access to thousands of hours of premium entertainment, contract and commitment-free.
The OSN platform is owned and operated by Panther Media Group Limited; a company registered in DIFC, and is owned by KIPCO and Mawarid Group Limited.
About WWE
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 reaches more than 650 million homes worldwide in 35 languages. WWE Network, the first-ever 24/7 over-the-top premium network that includes all 12 live pay-per-views, scheduled programming and a massive video-on-demand library, is currently available in more than 170 countries. The company is headquartered in Stamford, Conn., with offices in New York, Los Angeles, London, Mexico City, Mumbai, Shanghai, Singapore, Dubai, Munich 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/.
Trademarks: All WWE programming, talent names, images, likenesses, slogans, wrestling moves, trademarks, logos and copyrights are the exclusive property of WWE and its subsidiaries. All other trademarks, logos and copyrights are the property of their respective owners.
Forward-Looking Statements: This press 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 entering into, maintaining and renewing key agreements, including television and pay-per-view programming and our new network distribution agreements; risks relating to the launch and maintenance of our new network; 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; uncertainties relating to regulatory matters; risks resulting from the highly competitive and fragmented 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; the risk of accidents or injuries during our physically demanding events; risks associated with producing and travelling to and from our large live events, both domestically and internationally; risks relating to our film business; risks relating to new businesses and strategic investments; risks relating to our computer systems and online operations; risks relating to general economic conditions and our exposure to bad debt risk; risks relating to litigation; risks relating to market expectations for our financial performance; risks relating to our revolving credit facility specifically and capital markets more generally; 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.
Contacts
Media:
Tara Carraro, 203-352-8625
Tara.Carraro@wwecorp.com
or
Investor:
Michael Weitz, 203-352-8642
Michael.Weitz@wwecorp.com
or
OSN
Media:
Zahabia Motiwala, +971 (0) 4 367 7084
Communications Director, OSN
zahabia.motiwala@osn.com
or
Nivine William, +971 (0) 4 450 7600
ASDA’A Burson-Marsteller
nivine.william@bm.com
Permalink: http://me-newswire.net/news/13633/en
|
