DISNEY+ HOTSTAR BECOMES EXCLUSIVE HOME OF WWE® NETWORK IN INDONESIA

DISNEY+ HOTSTAR BECOMES EXCLUSIVE HOME OF WWE® NETWORK IN INDONESIA

BURBANK, Calif. and STAMFORD, Conn., January 4, 2022 - The Walt Disney Company (NYSE: DIS) and WWE® (NYSE: WWE) today announced a multi-year agreement to make Disney+ Hotstar the exclusive home for WWE Network in Indonesia. WWE Network, including its premium live event content, will be available on Disney+ Hotstar in Indonesia beginning with Royal Rumble® on Sunday, January 30 (Indonesian time).

"As home of the best global and local language content, we're excited to welcome the extensive library of content from WWE Network to the ever expanding slate of Disney+ Hotstar. With this new content on Disney+ Hotstar, we hope to expand our reach and engage even more audiences in Indonesia," said Vineet Puri, General Manager, Indonesia, The Walt Disney Company.

"The Walt Disney Company has long been the gold standard in creating iconic intellectual property that serves as the backbone for international business growth," said Nick Khan, WWE President. "Partnering with Disney+ Hotstar will allow us to deliver WWE Network content including WrestleMania® on a best-in-class platform to our existing fans in Indonesia while also introducing WWE to new audiences in the region as Disney+ continues to expand its reach internationally."

As part of the agreement, all WWE premium live events will be available on Disney+ Hotstar as part of its standard subscription with no additional cost. Premium live event coverage will be delivered in Indonesia's local language, Bahasa Indonesia, as well as English.

Additionally, Disney+ Hotstar will grant viewers on-demand access to ground-breaking documentaries and reality shows and additional WWE Network and archived content (including archive episodes of Raw®, SmackDown® and NXT®).

About Disney+ Hotstar Indonesia
Disney+ Hotstar is the dedicated streaming home of global and Indonesian content, all in one place. It brings together blockbuster Hollywood movies and award-winning content from Disney, Marvel, Star Wars, Pixar, National Geographic and many more, as well as premieres of exclusive content and films from select Indonesian studios. Disney+ Hotstar offers commercial-free programming with a variety of original feature-length films, live-action and animated series, short-form content and documentaries, including series like WandaVision, The Falcon and The Winter Soldier, Loki, The Mandalorian, and films such as Avengers: Endgame, Aladdin, Frozen 2 and Luca, alongside various Indonesian cinema releases and homegrown content, including some of the Top 10 Indonesian box office titles, such as Warkop DKI Reborn: Jangkrik Boss! Part 1 (#1 film), Laskar Pelangi (#4 film), Habibie & Ainun (#5 film), Pengabdi Setan (#6 film), Ayat-Ayat Cinta (#8 film) and many more.

Visit DisneyPlusHotstar.id to learn more about the service.

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 900 million homes worldwide in 28 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.

Additional information on WWE (NYSE: WWE) can be found at wwe.com and corporate.wwe.com.

Media Contacts:

Disney+ Hotstar Indonesia
Natasha Christie
+6282299801863
[email protected]

WWE
Chuck Kingsbury
203 352 8701
[email protected]

WWE Investor Contact:
Michael Weitz
203 352 8642
[email protected]

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.

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