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WWE® Names Fiterman Sports Group Official Autograph Partner
Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Very Positive)
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Rhea-AI Summary
WWE (NYSE: WWE) has entered a multi-year agreement with Fiterman Sports Group, designating them as the Official Autograph Partner in the U.S. and Canada. This initiative marks WWE's first foray into the autograph space, effective immediately. The partnership will host autograph signing sessions featuring WWE Superstars and Legends. WWE aims to enhance fan experiences through this collaboration, as shared by Scott Zanghellini, Senior VP of Revenue Strategy & Development. Fiterman Sports Group, with a legacy in sports memorabilia, anticipates creating new fan engagement opportunities across North America.
Positive
Partnership with Fiterman Sports Group enhances fan engagement through autograph signings.
First-ever partnership in the autograph space for WWE, indicating diversification of revenue streams.
Negative
None.
STAMFORD, Conn.--(BUSINESS WIRE)--
WWE (NYSE: WWE) announced today a multi-year agreement that will make Fiterman Sports Group the Official Autograph Partner of WWE in the United States and Canada. This is WWE’s first partnership of its kind in the autograph space.
The agreement is effective immediately and will include autograph signing sessions featuring WWE Superstars, Legends and Hall of Famers. Fiterman Sports Group and WWE have previously collaborated on signing events highlighted by WWE Legend The Undertaker, Universal Champion Roman Reigns and Raw Women’s Champion Becky Lynch.
“Fiterman Sports Group has a proven track record in the sports memorabilia industry, and we are excited for this partnership to deliver our fans top-notch autograph experiences with the WWE Superstars they passionately support,” said Scott Zanghellini, WWE Senior Vice President, Revenue Strategy & Development.
“Our industry is growing every day and with this one-of-a-kind partnership with WWE, Fiterman Sports is looking forward to creating new meet-and-greet experiences between the WWE Superstars and their fans across the country,” said Ryan Fiterman, Founder & CEO, Fiterman Sports Group. “The Fiterman Sports team is very excited to begin this journey with WWE.”
About Fiterman Sports Group
Fiterman Sports Group is a Houston based sports marketing and talent management company. With 15 years in the industry, we continue to represent some of the most recognized professional athletes in the world, including Mike Tyson and Pete Rose, to name a few. Fiterman Sports continues to evolve and lead the ever-growing memorabilia market, conducting over 200 autograph signings and corporate appearances annually. Fiterman Sports is one of the leading innovative sources for authentic autograph memorabilia and athlete appearances in the industry. Follow @FitermanSports on Instagram and visit www.fitermansports.com for updates on all events with WWE Superstars.
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, premium live event, digital media and publishing platforms. WWE’s TV-PG programming can be seen in more than 1 billion homes worldwide in 30 languages through world-class distribution partners including NBCUniversal, FOX Sports, BT Sport, Sony India and Rogers. The award-winning WWE Network includes all premium live events, scheduled programming and a massive video-on-demand library and is currently available in more than 180 countries. In the United States, NBCUniversal’s streaming service, Peacock, is the exclusive home to WWE Network.
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: the impact of the COVID-19 outbreak on our business, results of operations and financial condition; entering, maintaining and renewing major distribution agreements; a rapidly evolving media landscape; WWE Network (including the risk that we are unable to attract, retain and renew subscribers); our need to continue to develop creative and entertaining programs and events; the possibility of a decline in the popularity of our brand of sports entertainment; the continued importance of key performers and the services of Vincent K. McMahon; possible adverse changes in the regulatory atmosphere and related private sector initiatives; the highly competitive, rapidly changing and increasingly fragmented nature of the markets in which we operate and greater financial resources or marketplace presence of many of our competitors; uncertainties associated with international markets including possible disruptions and reputational risks; our difficulty or inability to promote and conduct our live events and/or other businesses if we do not comply with applicable regulations; our dependence on our intellectual property rights, our need to protect those rights, and the risks of our infringement of others’ intellectual property rights; the complexity of our rights agreements across distribution mechanisms and geographical areas; potential substantial liability in the event of accidents or injuries occurring during our physically demanding events including without limitation, claims alleging traumatic brain injury; large public events as well as travel to and from such events; our feature film business; our expansion into new or complementary businesses and/or strategic investments; our computer systems and online operations; privacy norms and regulations; a possible decline in general economic conditions and disruption in financial markets; our accounts receivable; our indebtedness including our convertible notes; litigation; our potential failure to meet market expectations for our financial performance, which could adversely affect our stock; Vincent K. McMahon exercises control over our affairs, and his interests may conflict with the holders of our Class A common stock; a substantial number of shares are eligible for sale by the McMahons and the sale, or the perception of possible sales, of those shares could lower our stock price; and the volatility of our Class A common stock. 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 (including under our revolving credit facility), general economic and competitive conditions and such other factors as our Board of Directors may consider relevant. Forward-looking statements made by the Company speak only as of the date made and are subject to change without any obligation on the part of the Company to update or revise them. Undue reliance should not be placed on these statements. For more information about risks and uncertainties associated with the Company’s business, please refer to the “Management’s Discussion and Analysis of Financial Condition and Results of Operations” and “Risk Factors” sections of the Company’s SEC filings, including, but not limited to, our annual report on Form 10-K and quarterly reports on Form 10-Q.
