STAMFORD, Conn.--(BUSINESS WIRE)--Aug 3, 2023--
WWE ® (NYSE: WWE) and Slim Jim ® today announced a multi-layered partnership that will begin with Slim Jim serving as the Presenting Sponsor of a marquee match at SummerSlam on Saturday, August 5 at Ford Field in Detroit. This partnership between the two iconic brands pays homage to their shared, savage past and marks the largest sponsorship deal in WWE history.
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WWE® & SLIM JIM® RETURN TO THE RING WITH RECORD-BREAKING PARTNERSHIP AHEAD OF SUMMERSLAM
WWE and Slim Jim first crossed paths thirty years ago with a series of explosive, in-your-face Slim Jim commercials, featuring “Macho Man” Randy Savage debuting the famous tagline “Snap Into a Slim Jim!” that has remained a hallmark of the Slim Jim brand ever since. The two global brands will tap into that rich history with a reenergized, multi-platform campaign which begins with “The SummerSlam Battle Royal Presented by Slim Jim,” the first of several custom integrations at WWE’s Premium Live Events. As part of the pact, Slim Jim will also activate at Survivor Series in November, in addition to Royal Rumble and WrestleMania 40 in 2024.
“Alongside our partners at Slim Jim and Conagra Brands, WWE is excited to renew one of the most memorable collaborations in sports entertainment history and there’s no better way to kick off the partnership than a 20-man Battle Royal at SummerSlam,” said Craig Stimmel, WWE SVP, Head of Global Sales and Partnerships.
“Slim Jim has always been about crushing boredom and doing the unexpected, which is also the cornerstone of WWE and their memorable lineup of bold, in-your-face Superstars,” said Spencer Fivelson, VP & General Manager of Snacks at Conagra Brands. “We’re thrilled to be back in the ring with WWE to build on our shared history and celebrate the savage energy of today’s WWE Superstars.”
In addition to the live event integrations, the WWE and Slim Jim partnership will include custom content and social media executions with Superstar talent, online sweepstakes to drive fan engagement, in-store activations and more.
Learn more about “The SummerSlam Battle Royal Presented by Slim Jim”here.
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 events, digital media and publishing platforms. WWE’s TV-PG programming can be seen in more than 1 billion homes worldwide in 25 languages through world-class distribution partners including NBCUniversal, FOX, 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 can be found at wwe.com and corporate.wwe.com.
About Conagra Brands
Conagra Brands, Inc. (NYSE: CAG), headquartered in Chicago, is one of North America's leading branded food companies. Guided by an entrepreneurial spirit, Conagra Brands combines a rich heritage of making great food with a sharpened focus on innovation. The company's portfolio is evolving to satisfy people's changing food preferences. Conagra's iconic brands, such as Birds Eye®, Duncan Hines®, Healthy Choice®, Marie Callender's®, Reddi-wip®, and Slim Jim®, as well as emerging brands, including Angie's® BOOMCHICKAPOP®, Duke's®, Earth Balance®, Gardein®, and Frontera®, offer choices for every occasion. For more information, visit www.conagrabrands.com.
About Slim Jim
Slim Jim is America’s favorite bold and spicy meat snack. Sometimes called “Long Bois” due to their distinctive shape and size, these mouth-watering meat sticks are known for their intense flavor and iconic snap made popular by “Macho Man” Randy Savage as he exclaimed “SNAP INTO A SLIM JIM!”. Slim Jim offers a range of meat stick and meat snack products in a variety of sizes and flavors that can be found at retailers across the U.S., Canada and online. For more information, visit www.slimjim.com.
Forward-Looking Statements: This press release contains forward-looking statements pursuant to the safe harbor provisions of the Securities Litigation Reform Act of 1995. Forward looking statements include statements regarding our outlook regarding future financial results, the impact of recent changes to management and our board of directors (the "Board"): the timing and outcome of the Company's media and other rights negotiations including major domestic programming licenses before their expirations through 2024: the Company's pending business combination with UFC, our plans to remediate identified material weaknesses in our disclosure control and procedures and our internal control over financial reporting, and regulatory, investigative or enforcement inquiries, subpoenas or demands arising from, related to, or in connection with these matters. The words "may," "will," ·could," ·anticipate," "plan," "continue," "project," "intend," ·"estimate," "believe," ·expect," ·outlook," "target." "goal,'' ·"guidance" and similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain such words. These statements relate to future possible events, as well as our plans, objectives, expectations and intentions and are not historical facts and accordingly involve known and unknown risks and uncertainties and other factors that may cause the actual results or the performance by us to be materially different from expected future results or performance expressed or implied by any forward-looking statements.
These forward-looking statements are subject to uncertainties relating to, without limitation, the consummation of the pending business combination with UFC in the expected timeline or at all; diversion of management's time and attention due to the pending business combination with UFC: the availability of sufficient cash at the close of our transaction with UFC to distribute to shareholders of the new public company in line with current expectations; possible disruptions in our content delivery and online operations and our those of our business partners; privacy norms and regulations; our need to continue to develop creative and entertaining programs and events; our need to retain and continue to recruit key performers; the possibility of a decline in the popularity of our brand of sports entertainment: 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/or our inability to compete effectively, especially against competitors with greater financial resources or marketplace presence; 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; potential substantial liability in the event of accidents or injuries occurring during our physically demanding events; large public events as well as travel to and from such events; our expansion into new or complementary businesses, strategic investments and/or acquisitions; our accounts receivable; the construction and move to our new leased corporate and media production headquarters; litigation and other actions, investigations or proceedings; a change in the tax laws of key jurisdictions; inflationary pressures and interest rate changes; our indebtedness including our convertible notes; our potential failure to meet market expectations for our financial performance; our share repurchase program; the impact of actions by Mr. McMahon (our controlling shareholder, whose interests could conflict with those of our Class A common stockholders); the substantial number of shares are eligible for sale by the McMahons and the sale, or the perception of possible sales, of those shares could cause our stock price to decline; and the volatility in trading prices of our Class A common stock. In addition. our dividend and share repurchases are 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, general economic and competitive conditions and such other factors as our Board 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 any documents filed, or to be filed, by the Company with the SEC, including, but not limited to, the "Management's Discussion and Analysis of Financial Condition and Results of Operations" and "Risk Factors" sections of our annual reports on Form 10‑K and 10‑K/A and quarterly reports on Form 10‑Q/A and Form 10‑Q
View source version on businesswire.com:https://www.businesswire.com/news/home/20230803142306/en/
CONTACT: Media Contacts:
WWE
Greg Domino
Greg.Domino@wwecorp.comConagra Brands
Amy Morgan
amy.morgan@conagra.comInvestors Contact:
Seth Zaslow
203-352-1026
Seth.Zaslow@wwecorp.com
KEYWORD: MICHIGAN CONNECTICUT UNITED STATES NORTH AMERICA
INDUSTRY KEYWORD: RETAIL EVENTS/CONCERTS OTHER SPORTS WRESTLING GENERAL ENTERTAINMENT OTHER ENTERTAINMENT TV AND RADIO CONVENIENCE STORE SPORTS OTHER RETAIL DISCOUNT/VARIETY SUPERMARKET SPECIALTY ENTERTAINMENT FOOD/BEVERAGE
SOURCE: WWE and Conagra Brands, Inc.
Copyright Business Wire 2023.
PUB: 08/03/2023 10:00 AM/DISC: 08/03/2023 10:01 AM
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