1091907--3/2/2009--WORLD_WRESTLING_ENTERTAINMENTINC

related topics
{capital, credit, financial}
{tax, income, asset}
{stock, price, operating}
{regulation, government, change}
{property, intellectual, protect}
{competitive, industry, competition}
{condition, economic, financial}
{stock, price, share}
{product, market, service}
Our failure to maintain or renew key agreements could adversely affect our ability to distribute television and pay-per-view programming which could adversely affect our operating results. Our failure to continue to develop creative and entertaining programs and events would likely lead to a decline in the popularity of our brand of entertainment and could adversely affect our operating results. Our failure to retain or continue to recruit key performers could lead to a decline in the appeal of our storylines and the popularity of our brand of entertainment, which could adversely affect our operating results. The loss of the creative services of Vincent K. McMahon could adversely affect our ability to create popular characters and creative storylines, which could adversely affect our operating results. Our accounts receivable represent a significant portion of our current assets and relate principally to a limited number of distributors, increasing our exposure to bad debts and potentially impacting our results of operations. A decline in the popularity of our brand of sports entertainment, including as a result of changes in the social and political climate, could adversely affect our business. The markets in which we operate are highly competitive, rapidly changing and increasingly fragmented, and we may not be able to compete effectively, especially against competitors with greater financial resources or marketplace presence, which could adversely affect our operating results. Because we depend upon our intellectual property rights, our inability to protect those rights or our infringement of others intellectual property rights could adversely affect our business. We will continue to face the risk of impairment charges relating to our feature films if the demand for one or more of our films does not meet our expectations. Through his beneficial ownership of a substantial majority of our Class B common stock, Mr. McMahon can exercise 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 Mr. McMahon, and the sale of those shares could lower our stock price.

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