STAMFORD, Conn.--(BUSINESS WIRE)--WWE (NYSE: WWE) today awarded a $10,000 scholarship to Geraldo Gutierrez, a Full Sail student, as part of their ongoing partnership. The partnership provides students at the University with the opportunity to gain real-world experience producing WWE NXT® series which showcases WWE’s brightest young talent as they battle to become the elite WWE Superstars of tomorrow.
The scholarship will be applied toward Gutierrez’s studies in the Recording Arts, Bachelor of Science Degree Program. WWE Executive Vice President, Talent and Live Events, Paul Levesque awarded the scholarship on behalf of WWE in a ceremony held to kick-off the latest taping of the WWE NXT series at Full Sail Live.
WWE selected Gutierrez to receive this scholarship for exhibiting exceptional professionalism, creative talent and maintaining good academic standing, while shadowing professional WWE staff and crew during the production of NXT at the University.
“This is a great moment for our students and the University,” said Garry Jones, President of Full Sail University. “This scholarship is a testament to WWE’s commitment to and its belief in the importance of education in the entertainment and media industry.”
“It is a tremendous honor to have been selected for this scholarship,” said Gutierrez. “I am so grateful for this incredible opportunity.”
“Education is a key pillar of WWE’s corporate social responsibility platform,” said WWE Executive Vice President, Talent and Live Events, Paul Levesque. “We are proud to award the first of many scholarships to Full Sail students and thrilled to be able to continue enhancing the University’s classroom learning with this unique hands-on experience.”
In May 2012, WWE and Full Sail University announced a collaborative partnership that moved the live tapings of the WWE NXT series to the University’s state-of-the-art performance venue. Full Sail University students, staff, faculty and the general public have been invited to attend the live tapings on the campus, with proceeds benefiting the scholarship fund.
In addition to the scholarship announcement, the event featured a salute to all the Full Sail students who have participated in the production of WWE NXT live events this year. The evening’s taping included a special appearance by 10-time WWE Champion John Cena®.
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, pay-per-view, digital media and publishing platforms. WWE programming is broadcast in more than 145 countries and 30 languages and reaches more than 600 million homes worldwide. The company is headquartered in Stamford, Conn., with offices in New York, Los Angeles, Miami, London, Mumbai, Shanghai, Singapore, Istanbul and Tokyo.
About Full Sail University:
Founded in 1979, Full Sail University is an award-winning educational leader for those pursuing careers in the entertainment and media industry. Full Sail has been recognized as one of the Top Five Game Degree Programs by Electronic Gaming Monthly, one of the Best Music Programs by Rolling Stone Magazine, and one of the Best Film Programs by Unleashed Magazine. In 2011, Full Sail received the “21st Century Best Practices in Distance Learning Award” from the United States Distance Learning Association, was named the “School/College of the Year” by the Florida Association of Postsecondary Schools and Colleges and was recognized as one of the Top 100 Social Media Colleges by Studentadvisor.com.
Full Sail offers on-campus and online Master’s, Bachelor’s, and Associate’s degree programs in areas related to animation, art, business, education, graphic design, film, marketing, web development, music, recording arts, sports and video games. Full Sail graduate credits include work on OSCAR®, Emmy®, GRAMMY®, ADDY®, MTV Video Music Awards and Spike Video Game Awards nominated and winning projects.
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Forward-Looking Statements: This press 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, without limitation, risks relating to maintaining and renewing key agreements, including television and pay-per-view programming distribution agreements; the need for continually developing creative and entertaining programming; the continued importance of key performers and the services of Vincent McMahon; the conditions of the markets in which we compete and acceptance of the Company's brands, media and merchandise within those markets; our exposure to bad debt risk; uncertainties relating to regulatory and litigation matters; risks resulting from the highly competitive nature of our markets; uncertainties associated with international markets; the importance of protecting our intellectual property and complying with the intellectual property rights of others; risks associated with producing and travelling to and from our large live events, both domestically and internationally; the risk of accidents or injuries during our physically demanding events; risks relating to our film business; risks relating to increasing content production for distribution on various platforms, including the potential creation of a WWE Network; risks relating to our computer systems and online operations; risks relating to the large number of shares of common stock controlled by members of the McMahon family and the possibility of the sale of their stock by the McMahons or the perception of the possibility of such sales; the relatively small public float of our stock; 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, our dividend is 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 on the payment of dividends, general economic and competitive conditions and such other factors as our Board of Directors may consider relevant.
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