SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): October 10, 2002
World Wrestling Entertainment, Inc.
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(Exact name of registrant as specified in its charter)
Delaware 000-27639 04-2693383
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(State or other jurisdiction (Commission (IRS Employer
of incorporation) File Number) Identification No.)
1241 East Main Street, Stamford, CT 06902
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(Address of principal executive offices) (Zip code)
Registrant's telephone number, including area code: (203) 352-8600
Item 5. Other Events and Regulation FD Disclosure
World Wrestling Entertainment, Inc. (NYSE: WWE) has settled with William Morris
Agency, Inc. a previously disclosed lawsuit between the two parties. Under the
settlement, WWE has agreed to pay William Morris Agency, Inc. $13.0 million to
end the litigation and to buy out all existing contractual arrangements.
As a result of the settlement, WWE will take a charge of $6.0 million in its
second fiscal quarter ending October 25, 2002. In prior periods, the Company had
accrued and expensed $7.0 million.
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SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934,
the registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
WORLD WRESTLING ENTERTAINMENT, INC.
By: /s/ AUGUST J. LIGUORI
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August J. Liguori
Executive Vice President and
Chief Financial Officer
Dated: October 10, 2002
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