1091907--6/29/2006--WORLD_WRESTLING_ENTERTAINMENTINC

related topics
{capital, credit, financial}
{stock, price, share}
{regulation, change, law}
{condition, economic, financial}
{operation, international, foreign}
{financial, litigation, operation}
{loss, insurance, financial}
{regulation, government, change}
{stock, price, operating}
{competitive, industry, competition}
{property, intellectual, protect}
{acquisition, growth, future}
Our failure to maintain or renew key agreements could adversely affect our ability to distribute television and pay-per-view programming. 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. 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. The loss of the creative services of Vincent K. McMahon could adversely affect our ability to create popular characters and creative storylines. A decline in general economic conditions could adversely affect our business. 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. Changes in the regulatory atmosphere and related private-sector initiatives 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. We face uncertainties associated with international markets. We may be prohibited from promoting and conducting our live events if we do not comply with applicable regulations. 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 could incur substantial liabilities if pending material litigation is resolved unfavorably. Our insurance may not be adequate to cover liabilities resulting from accidents or injuries that occur during our physically demanding events. We will face a variety of risks if we expand into new and complementary businesses. 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 will be eligible for future sale by Mr. McMahon, and the sale of those shares could lower our stock price. Our Class A common stock has a relatively small public float.

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