Word of the Day

Exchange-Traded Fund

In the wide and varied family of the thousands and thousands of funds out there, the exchange-traded fund is one of the more consumer-friendly ones.

Unlike mutual funds, exchange-traded funds, or ETFs, behave more like stocks. You can buy into an ETF at any time, and sell it whenever you feel like it. And like a stock, an ETF's value can rise and fall--depending on what the ETF is invested in.What do ETFs invest in? Well, they're typically linked to an index like the Dow Jones Industrial Average or the S&P 500. So, if you had an ETF that trades the same companies that make up the Dow or the S&P, it will rise and fall in value pretty much the same amount as the Dow or S&P.

You can also buy ETFs that invest in other types of products, like bonds, currencies, gold or other commodities. The ETF market has grown considerably in the past few years, so there is no shortage of ETFs to invest in.

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Thursday, June 19, 2008

SmackDown(R)/ECW(R) Tour - The Biggest And Best Ever

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Comtex

SYDNEY, Australia, Jun 19, 2008 (BUSINESS WIRE) ----On June 11, the entertainment heavyweight that is WWE(R) descended upon the shores of Australia and New Zealand. The tour swept through seven cities in seven days, playing in front of fanatical crowds in Auckland, Christchurch, Melbourne, Adelaide, Sydney, and Newcastle before finishing up in Brisbane on June 17, making it the longest live event tour to date in the region.

Along with more than 68,000 WWE fans who attended the seven live events, ringside to watch the drama unfold were top TV comedian Rove McManus, Australian cricket hero Shane Warne, former champion boxer Jeff Fenech, as well as stars from Newcastle Knights, Sydney Swans, The NZ Warriors and Geelong Football Club.

Additional information on World Wrestling Entertainment, Inc. (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/

Trademarks: All WWE programming, talent names, images, likenesses, slogans, wrestling moves, and logos are the exclusive property of World Wrestling Entertainment, Inc. ECW is a trademark of WWE Libraries, Inc. All other trademarks, logos and copyrights are the property of their respective owners.

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 the conditions of the markets for live events, broadcast television, cable television, pay-per-view, Internet, feature films, entertainment, professional sports, and licensed merchandise; acceptance of the Company's brands, media and merchandise within those markets; uncertainties relating to litigation; risks associated with producing live events both domestically and internationally; uncertainties associated with international markets; risks relating to maintaining and renewing key agreements, including television distribution agreements; 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 to these risks and uncertainties, our dividend is based on a number of factors, including our liquidity and historical and projected cash flow, strategic plan, our financial results and condition, contractual and legal restrictions on the payment of dividends and such other factors as our board of directors may consider relevant.

SOURCE: World Wrestling Entertainment, Inc.

World Wrestling Entertainment, Inc. Media: Gary Davis,
   203-353-5066 Investor: Michael Weitz, 203-352-8642

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