A settlement was reached today and Judge Tolub removed the injunction placed against Viacom. Neither side would comment on the terms of the settlement but Viacom is now free to change the name of TNN to Spike TV.
Spike TV will now be the official home for WWE programming (minus SmackDown on UPN) as RAW, Velocity, Confidential and Sunday Night Heat all air on the station.
Credit: Buck Woodward @ 1wrestling.com
- Mick Foley banged up his knee pretty badly on the RAW before Bad Blood when Triple H whipped him into the steel steps. As reported earlier, Foley is not likely to return at SummerSlam, however, he is expected to return in a non-wrestling capacity after his book tour dates are finished.
There are rumored reports that Foley may train himself up to return to in-ring shape and possibly begin a program with Randy Orton, who decimated Foley on his last RAW appearance a few weeks back.
Credit: WrestlingAttitude.com
World Wrestling Entertainment to Release Key Business Driver Statistics Weekly
Monday July 7, 9:14 am ET
Michele Goldstein To Lead Investor Relations
STAMFORD, Conn.--(BUSINESS WIRE)--July 7, 2003--World Wrestling Entertainment, Inc. is now providing trend information on television ratings, pay-per-view buys and live event attendance in the Investor Relations section of its corporate website. The information will be updated weekly. To link directly to this new information, click here.
"Television ratings, pay-per-view buys and live event attendance are key indicators of our company's performance, and I am pleased to announce that we are now providing this information on our corporate website on a weekly basis," said Phil Livingston, CFO. "It is important to share trends in these areas with our shareholders and members of the investment community,"
Livingston also announced the WWE has hired Michele Goldstein as Vice President, Planning and Investor Relations to lead the company's efforts in these areas. Ms. Goldstein comes to WWE from Viacom, where she worked in corporate finance for 12 years, advancing to Vice President, Financial Planning in (1998). Ms. Goldstein, who also logged experience with Ernst and Young, is a Certified Public Accountant.
"Michele Goldstein is a tremendous addition to our team. Her experience within the media and entertainment industries will be a great asset," said Livingston.
World Wrestling Entertainment, Inc. (NYSE: WWE - News) is an integrated media and entertainment company headquartered in Stamford, Conn., with offices in New York City, Los Angeles, Toronto and London. Additional information on the company can be found at wwe.com and corporate.wwe.com. For additional information on WrestleMania XX, to be broadcast live on pay-per-view from Madison Square Garden in New York City on March 14, 2004, go to wrestlemania.wwe.com. Information on television ratings and community activities can be found at parents.wwe.com.
Credit: 1wrestling.com