Company Website: http://corporate.wwe.com/
STAMFORD, Conn. -- (Business Wire)

WWE Studios (NYSE:WWE) announced today it has secured the rights to BERMUDA, a found footage horror spec script by Bobby Lee Darby and Nathan Brookes. WWE Studios beat out a number of bidders for the film. Set in the Bermuda Triangle, the story focuses on a documentary film crew that goes missing and the only trace of their disappearance comes when their film footage, chronicling their final terrifying days, is found.

"The Bermuda Triangle has always been an intriguing and mysterious setting,” said WWE Studios President Michael Luisi. “Bobby and Nathan's script puts a very unique spin on the found footage genre,” added Luisi.

Darby and Brookes previously penned SLAUGHTER, an homage to the Japanese cult horror genre which won the Horror Screenplay Competition at Slamdance in 2007.

Darby and Brookes are repped by Chris Sablan at Original Artists and Jonathan Hung at Hung Entertainment. Bradley Buchanan, VP of Business and Legal Affairs, and Richard Lowell, Senior Director of Development, negotiated on behalf of WWE Studios.

About WWE Studios

WWE Studios continues to strategically diversify its slate of films, which include theatrical releases and direct-to-home premieres, under the guidance of President Michael Luisi. Upcoming films for WWE Studios includes: No One Lives starring Luke Evans and WWE Superstar Brodus Clay™ which was co-produced with Pathé Films; Barricade starring Eric McCormack; and cult hit The Day starring Dominic Monaghan, Shawn Ashmore, and Ashley Bell, which was purchased at the Toronto Film Festival this past year. Next up for WWE Studios is Bending the Rules starring Jamie Kennedy and WWE Superstar Edge®. The buddy action comedy will hit theaters on March 9, 2012.

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 is broadcast in more than 145 countries and 30 languages and reaches more than 500 million homes worldwide. The company is headquartered in Stamford, Conn., with offices in New York, Los Angeles, London, Mumbai, Shanghai, Singapore, Istanbul 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/.

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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, without limitation, risks relating to maintaining and renewing key agreements, including television distribution agreements; 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; our exposure to bad debt risk; uncertainties relating to regulatory and litigation matters; risks resulting from the highly competitive 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; risks associated with producing and travelling to and from our large live events, both domestically and internationally; the risk of accidents or injuries during our physically demanding events; risks relating to our film business and any new business initiative which we may undertake; 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:

WWE
Media:
Kevin Hennessy, 203-352-8657
Kevin.Hennessy@wwecorp.com
or
Investor:
Michael Weitz, 203-352-8642
Michael.Weitz@wwecorp.com

Source: WWE