DALLAS , Dec. 5, 2024 /PRNewswire/ -- Wingstop Inc. (NASDAQ: WING) today announced that its board of directors approved the purchase of up to an additional $500 million of its outstanding shares of common stock under its existing share repurchase program, effective immediately. This repurchase program follows the substantial completion of purchases of common stock under the inaugural $250 million repurchase authorization from August 2023 . With this additional repurchase authorization, the Company anticipates executing a $250 million accelerated share repurchase ("ASR") program that will commence in the fourth quarter of 2024. "We believe our asset-lite, highly-franchised model enables industry-leading shareholder returns," commented Alex Kaleida , Chief Financial Officer. "Since becoming a public company in 2015, we have returned more than $1 billion of capital to shareholders. Our share repurchase program is another example of the long-term value creation enabled by our category of one operating model." Repurchases under the program may be made in the open market, in privately negotiated transactions or by other means, including through trading plans intended to qualify under Rule 10b5-1 of the Securities and Exchange Act of 1934 and accelerated share repurchase agreements, with the amount and timing of repurchases to be determined at Wingstop's discretion, depending on market and business conditions, prevailing stock prices, and contractual limitations, among other factors. Open market repurchases will be structured to occur in accordance with applicable federal securities laws. This program does not obligate Wingstop to acquire any particular amount of common stock, or at any specific time or intervals and may be modified, suspended or terminated at any time at Wingstop's discretion. Wingstop expects to fund repurchases with existing cash and cash equivalents, including the proceeds from its recently completed $500 million financing transaction which closed on December 3, 2024 . About Wingstop Founded in 1994 and headquartered in Dallas, TX , Wingstop Inc. (NASDAQ: WING) operates and franchises more than 2,450 locations worldwide. The Wing Experts are dedicated to Serving the World Flavor through an unparalleled guest experience and a best-in-class technology platform, all while offering classic and boneless wings, tenders, and chicken sandwiches, cooked to order and hand sauced-and-tossed in fans' choice of 12 bold, distinctive flavors. Wingstop's menu also features signature sides including fresh-cut, seasoned fries and freshly-made ranch and bleu cheese dips. In fiscal year 2023, Wingstop's system-wide sales increased 27.1% to approximately $3.5 billion , marking the 20th consecutive year of same store sales growth. With a vision of becoming a Top 10 Global Restaurant Brand, Wingstop's system is comprised of corporate-owned restaurants and independent franchisees, or brand partners, who account for approximately 98% of Wingstop's total restaurant count of 2,458 as of September 28, 2024 . A key to this business success and consumer fandom stems from The Wingstop Way, which includes a core value system of being Authentic, Entrepreneurial, Service-minded, and Fun. The Wingstop Way extends to the brand's environmental, social and governance platform as Wingstop seeks to provide value to all guests. In 2023, Wingstop earned its "Best Places to Work" certification. The Company landed on Entrepreneur Magazine's "Fastest-Growing Franchises" list and ranked #16 on "Franchise 500." Wingstop was listed on Technomic's "Top 500 Chain Restaurant Report," QSR Magazine's "2023 QSR 50" and Franchise Time's "40 Smartest-Growing Franchises." For more information, visit www.wingstop.com or www.wingstop.com/own-a-wingstop and follow @Wingstop on X, Instagram, Facebook, and TikTok. Learn more about Wingstop's involvement in its local communities at www.wingstopcharities.org . Unless specifically noted otherwise, references to our website addresses, the website addresses of third parties or other references to online content in this press release do not constitute incorporation by reference of the information contained on such website and should not be considered part of this release. Forward-looking Statements This news release includes statements of our expectations, intentions, plans and beliefs that constitute "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, and are intended to come within the safe harbor protection provided by those sections. These statements, which involve risks and uncertainties, relate to the discussion of our expectations concerning the implementation and execution of our share repurchase program, including the anticipated execution of a $250 million ASR and our strategic growth initiatives. These forward-looking statements can generally be identified by the use of forward-looking terminology, including the terms "may," "will," "should," "expect," "intend," "plan," "outlook," "guidance," "anticipate," "believe," "think," "estimate," "seek," "predict," "can," "could," "project," "potential" or, in each case, their negative or other variations or comparable terminology, although not all forward-looking statements are accompanied by such terms. These forward-looking statements are made based on expectations and beliefs concerning future events affecting us and are subject to uncertainties, risks, and factors relating to our operations and business environments, all of which are difficult to predict and many of which are beyond our control, that could cause our actual results to differ materially from those matters expressed or implied by these forward-looking statements. Please refer to the risk factors discussed in our Annual Report on Form 10-K and Quarterly Reports on Form 10-Q, which can be found at the SEC's website www.sec.gov . The discussion of these risks is specifically incorporated by reference into this news release. When considering forward-looking statements in this news release or that we make in other reports or statements, you should keep in mind the cautionary statements in this news release and future reports we file with the SEC. New risks and uncertainties arise from time to time, and we cannot predict when they may arise or how they may affect us. Any forward-looking statement in this news release speaks only as of the date on which it was made. Except as required by law, we assume no obligation to update or revise any forward-looking statements for any reason, or to update the reasons actual results could differ materially from those anticipated in any forward-looking statements, even if new information becomes available in the future. Media Contact Maddie Lupori Media@wingstop.com Investor Contact Kristen Thomas IR@wingstop.com View original content to download multimedia: https://www.prnewswire.com/news-releases/wingstop-announces-additional-500-million-share-repurchase-authorization-302324306.html SOURCE Wingstop Restaurants Inc.
President Emmanuel Macron on Thursday vowed to name a new prime minister in the coming days to prevent France from sliding deeper into political turmoil, rejecting growing pressure from the opposition to resign. Macron adopted a defiant tone in an address to the nation, seeking to limit an escalating political crisis after Prime Minister Michel Barnier's government was ousted in a historic no-confidence vote. Javascript is required for you to be able to read premium content. Please enable it in your browser settings.NEW YORK (AP) — Technology stocks pulled Wall Street to another record amid a mixed Monday of trading. The S&P 500 rose 0.2% from its all-time high set on Friday to post a record for the 54th time this year. The Dow Jones Industrial Average fell 128 points, or 0.3%, while the Nasdaq composite gained 1%. Super Micro Computer, a stock that’s been on an AI-driven roller coaster, soared 28.7% to lead the market. Following allegations of misconduct and the resignation of its public auditor , the maker of servers used in artificial-intelligence technology said an investigation found no evidence of misconduct by its management or by the company’s board. It also said that it doesn’t expect to restate its past financials and that it will find a new chief financial officer, appoint a general counsel and make other moves to strengthen its governance. Big Tech stocks also helped prop up the market. Gains of 1.8% for Microsoft and 3.2% for Meta Platforms were the two strongest forces pushing upward on the S&P 500. Intel was another propellant during the morning, but it lost an early gain to fall 0.5% after the chip company said CEO Pat Gelsinger has retired and stepped down from the board. Intel is looking for Gelsinger’s replacement, and its chair said it’s “committed to restoring investor confidence.” Intel recently lost its spot in the Dow Jones Industrial Average to Nvidia, which has skyrocketed in Wall Street’s frenzy around AI. Stellantis, meanwhile, skidded following the announcement of its CEO’s departure . Carlos Tavares steps down after nearly four years in the top spot of the automaker, which owns car brands like Jeep, Citroën and Ram, amid an ongoing struggle with slumping sales and an inventory backlog at dealerships. The world’s fourth-largest automaker’s stock fell 6.3% in Milan. The majority of stocks in the S&P 500 likewise fell, including California utility PG&E. It dropped 5% after saying it would sell $2.4 billion of stock and preferred shares to raise cash. Retailers were mixed amid what’s expected to be the best Cyber Monday on record and coming off Black Friday . Target, which recently gave a forecast for the holiday season that left investors discouraged , fell 1.2%. Walmart , which gave a more optimistic forecast, rose 0.2%. Amazon, which looks to benefit from online sales from Cyber Monday, climbed 1.4%. All told, the S&P 500 added 14.77 points to 6,047.15. The Dow fell 128.65 to 44,782.00, and the Nasdaq composite climbed 185.78 to 19,403.95. The stock market largely took Donald Trump’s latest threat on tariffs in stride. The president-elect on Saturday threatened 100% tariffs against a group of developing economies if they act to undermine the U.S. dollar. Trump said he wants the group, headlined by Brazil, Russia, India and China, to promise it won’t create a new currency or otherwise try to undercut the U.S. dollar. The dollar has long been the currency of choice for global trade. Speculation has also been around a long time that other currencies could knock it off its mantle, but no contender has come close. The U.S. dollar’s value rose Monday against several other currencies, but one of its strongest moves likely had less to do with the tariff threats. The euro fell amid a political battle in Paris over the French government’s budget . The euro sank 0.7% against the U.S. dollar and broke below $1.05. In the bond market, Treasury yields gave up early gains to hold relatively steady. The yield on the 10-year Treasury climbed above 4.23% during the morning before falling back to 4.19%. That was just above its level of 4.18% late Friday. A report in the morning showed the U.S. manufacturing sector contracted again last month, but not by as much as economists expected. This upcoming week will bring several big updates on the job market, including the October job openings report, weekly unemployment benefits data and the all-important November jobs report. They could steer the next moves for Federal Reserve, which recently began pulling interest rates lower to give support to the economy. Economists expect Friday’s headliner report to show U.S. employers accelerated their hiring in November, coming off October’s lackluster growth that was hampered by damaging hurricanes and strikes. “We now find ourselves in the middle of this Goldilocks zone, where economic health supports earnings growth while remaining weak enough to justify potential Fed rate cuts,” according to Mark Hackett, chief of investment research at Nationwide. In financial markets abroad, Chinese stocks led gains worldwide as monthly surveys showed improving conditions for manufacturing, partly driven by a surge in orders ahead of Trump’s inauguration next month. Both official and private sector surveys of factory managers showed strong new orders and export orders, possibly partly linked to efforts by importers in the U.S. to beat potential tariff hikes by Trump once he takes office. Indexes rose 0.7% in Hong Kong and 1.1% in Shanghai. AP Business Writers Matt Ott and Elaine Kurtenbach contributed.
When the Apollo 13 spacecraft embarked on its lunar landing mission on April 11, 1970, the concept of a digital twin was yet to be conceived. Three days into the journey, the mission took an unexpected turn when a routine stirring of the oxygen tanks on board led to a catastrophic explosion. After running some diagnostic tests, the NASA team discovered that an oxygen tank explosion had critically damaged an engine. Worse, the damaged spacecraft was venting precious oxygen into space, spelling likely doom for the astronauts onboard — Jim Lovell, Fred Haise, and Jack Swigert. The spacecraft was over 200,000 miles from Earth, well beyond the reach of any terrestrial or physical intervention. The diagnosis and repair of the damage would have to be accomplished solely with what the crew had on board. NASA had fifteen simulators used for training and mission planning. While rudimentary compared to NASA's latest simulators built by Boeing , they could be connected by up to 10 digital computers and the setup was the cutting edge of technology in 1970. It also had command module pilot Ken Mattingly , who had been replaced on the mission due to exposure to rubella. Mattingly, the backup crew, and hundreds of NASA engineers took to the simulators to replicate the conditions aboard. Running several hypothetical missions, many of which resulted in fatalities for the simulated crew, the team managed to bring Apollo 13 back to Earth safely. It wouldn't be until 2005 that what NASA accomplished with the simulators received a name — the digital twin (DT) concept. In the early 2000s, Dr. Michael Grieves, a research scientist and expert in product development, coined a term for what NASA did with its simulators, but with added technology. Using a virtual twin of a product would mirror the actual product in all respects. A digital twin of physical reality could be invaluable in predicting, troubleshooting, or solving problems without the cost or risk of altering a process or product. The exponential growth of computing power, artificial intelligence, and the Internet of Things (IoT) in the 21st century has exploded the digital twin concept. The IoT enables the transfer of data between the physical counterpart and the digital twin in real-time, has significantly enhanced the functionality of digital twins. Creating an exactingly accurate virtual simulation has become commonplace. A home computer simulates the performance characteristics of advanced aircraft or automobiles. Pilots train in simulators that mimic real-world situations without risk to life or limb. NASA can control physical systems aboard distant craft. A global shipping operation can determine the impact of a change to its logistical chain without risking doing so in the real world. A virtual twin goes beyond simulation by incorporating the IoT to transfer data between the physical counterpart of the digital twin in real-time. A true digital twin must meet three criteria – perfectly represent a physical system, share data instantaneously as well as constantly, and behave realistically. This concept is on the verge of revolutionizing healthcare, with potential applications ranging from patient monitoring and personalized treatment to drug development and surgical simulations. To say the digital world has changed since Dr. Grieves helped popularize the digital twin terminology in 2005 would be an understatement. Technology that was unimaginable during the Apollo 13 crisis has helped industries, universities, and think tanks evolve the digital twin concept. The first iteration of the concept during the Apollo 13 crisis would be considered a static twin model, which is an exact digital copy of a physical system. The systems employed by NASA replicated the conditions on board Apollo without the ability to physically alter or share information with the craft. A shadow digital twin can exchange data in real time and apply the information to update the model. This requires a connection between the virtual and physical twin — not possible in 1970 but commonplace now, thanks to the advent of communication technology. The ultimate goal is an intelligent virtual twin. An intelligent virtual twin can not only synthesize and share data like a shadow twin but also use artificial intelligence to learn, reason, predict, and communicate with the physical twin, including receiving updated information from the physical twin. Virtual twins can be understood through the lens of simulation, but the reality is that an intelligent virtual twin is magnitudes more sophisticated. It creates a link between a physical reality and a virtual world that can predict problems and apply solutions. The term conjures thoughts of an identical twin living somewhere in the virtual world as a canary-in-the-coal-mine avatar. Introduce a change in the virtual twin, such as virtual illness and a course (or several courses) of treatment, observe the outcome, and use that information to take the best possible route in treating the physical form. Of course, creating a digital twin of something as complex as a biological structure is no simple task. Vast quantities of data must be gathered and utilized to make an identical virtual twin. Fortunately (or perhaps not, depending on your viewpoint), that data has become more and more accessible in recent years. The IoT has the means to gather and share enormous amounts of data, much of which can be used to create a digital twin. However, it's not just collecting biometric, demographic, and lifestyle data. An effective digital twin incorporates disease registries in addition to genomics (genome mapping), biomics (the study and extraction of large sets of biological data), proteomics (study of interactions and structure of proteins), and metabolomics (study of metabolites) to gain a greater understanding of the health issue at hand. The growing power of computing and the rising efficacy of artificial intelligence have opened the gates for virtual twinning wider than could have been imagined just a few years ago. By collecting, synthesizing, and monitoring an individual's vital, genetic, lifestyle, and physiological information them using a virtual twin to apply machine learning, predictive mathematical models, and artificial intelligence, a doctor could, in a sense, predict the future. One of the most enticing facets of applying digital twins to healthcare is the detection of health risks before they emerge. Imagine a world where a doctor could identify and develop a successful treatment for breast cancer well before any signs or symptoms present. The technology could save or extend millions of lives. Diagnostic technology and methods already do this to some degree. When developing a treatment, most doctors and surgeons generate an exhaustive patient history, including past habits, vital statistics, and family history. A digital twin would maximize this process. A patient forewarned by an intelligent digital twin model could take unprecedented ownership of his or her health. Best practices for remaining healthy, such as the vagaries of clean eating and plentiful exercise, could be laser-focused to maximize positive outcomes. A virtual twin may discover a patient's genetic predisposition to form kidney stones, allowing the physical patient to avoid the cause before the first agonizing occurrence. While digital twinning has been used across industries for years, it is still relatively young in healthcare. What, after all, is more complex than the human body and its myriad systems? Aided by the rise of AI and increasingly available health information, doctors and scientists have scored some successes in the healthcare field. In 2019, a team at Johns Hopkins University published a proof-of-concept study authored by Natalia Trayanova, a professor of biomedical engineering. The report detailed how her team created virtual twins of the upper chambers of the hearts of 10 patients suffering atrial fibrillation (irregular heartbeat). Using information derived from the virtual twin, the team predicted where surgeons would need to destroy diseased heart tissue without exposing the patient to expensive or dangerous procedures. Another success comes from the Cleveland Clinic, which used the virtual twin model to study the impact of the environment on health. Using health records, environmental characteristics, and publicly available data to model neighborhoods and inform insurance and medical companies on how to alleviate health issues in those communities best. The purview of digital twinning in healthcare is extensive. It could shift everything from drug delivery to personalized care to insurance premiums and everything in between. However, it is not all smooth sailing for digital twins, as experts say that institutional support is required to push the science forward. The concept of digital twin models for use in healthcare has enormous potential but also faces great challenges. As Karen Willcox told the National Academies , "Digital twins have great promise in bringing value across areas of science and technology, including engineering, the natural world, and medicine. Our report makes clear that there is a real opportunity here to bring together domains and disciplines in new, valuable ways, but to achieve that value requires investment in interdisciplinary foundations." Creating digital twins relies on the sharing of data and enormous computational power, both of which are sometimes unavailable to researchers. Proponents have implored federal agencies, including the National Institutes of Health (NIH), the National Science Foundation (NSF), and the Departments of Defense and Energy, to create interagency channels to promote the research required to maximize the effectiveness of digital twin technology. Along with the Food and Drug Administration (FDA), the NIH and NSF have awarded $6 million to develop digital twins for healthcare and biomedical research. It's a paltry sum compared to the $285 million offered by the Biden administration to further digital twin technology in the manufacture of semiconductors. The adopters and adapters of virtual twin technology in healthcare face several challenges, including technical limitations, the quality of available data, and ethical concerns. Incorporating a new and revolutionary concept like virtual twinning across the entire healthcare field will require a monumental, concerted effort. Combining computation, artificial intelligence, mathematical models, and medicine into a neat package accessible and applicable across medical disciplines will require enormous investment and a highly sophisticated technical infrastructure. Furthermore, while the harvesting of data via smartphones, wearable sensor technology such as the Peloton heart rate band or the Facebit face mask , and other means has become commonplace, the quality of that data, primarily gathered through private concerns, could be faulty. It also raises ethical concerns. In addition, the cost of creating a virtual twin could create a disparity between those who can access the technology because of socio-economic status and those who cannot — a conversation that has been swirling around the American healthcare community for some time. Another hot-button issue highlights concerns over a person's personal data privacy. If private companies gather information about every aspect of a person's physical being, right down to home life and genome information, could that data be applied unethically? Could insurance companies deny coverage based on a digital twin's predicted ailments? The car industry is already collecting driving data for insurance companies . A logistics operation or automobile's digital twin is far more impersonal than a living, breathing human being distilled into data. The advent of digital twin technology has improved systems for decades, but its application to healthcare has enormous potential and some sticky ethical and moral questions. As scientists and researchers forge onward, one thing seems clear — digital twins are here to stay. Forbes reports, "By 2025, 25% of Healthcare Delivery Organizations will include formalized digital twin initiatives within their digital transformation strategy." This number seems unlikely to shrink anytime soon. With digital twinning in healthcare in its infancy, only time will tell the benefits it might reap in the healthcare industry. Preventive diagnoses are only the tip of the iceberg. Decades past, a trio of astronauts floated helplessly in orbit, running out of oxygen and facing slim odds of a trip home. By replicating and simulating conditions aboard the craft, a team at NASA used one of the earliest examples of the digital twin concept to save their lives. It appears that this was only the beginning.Why Ciri As The Witcher 4’s Protagonist Is Raising Concerns
The Atacama Large Millimeter/submillimeter Array (ALMA) has successfully observed a site of planet formation by detecting a high concentration of dust grains, a planet-forming material, outside the orbits of just-formed planets. An international research team led by Kiyoaki Doi, then a Ph.D. student at the National Astronomical Observatory of Japan (NAOJ)/the Graduate University for Advanced Studies, SOKENDAI, and currently a postdoctoral fellow at the Max Planck Institute for Astronomy, performed high-resolution observations of a protoplanetary disk around a young star called PDS 70 at a wavelength of 3 mm with ALMA. The object hosts two known planets, and the new ALMA observations revealed a localized accumulation of dust grains outside the planetary orbits. This finding suggests that already-formed planets accumulate the material for a planet and facilitate the potential formation of the next planet. This work contributes to revealing the formation process of planetary systems consisting of multiple planets, like the Solar System. To date, more than 5,000 planets have been identified both within and outside the Solar System. In some cases, they compose planetary systems consisting of multiple planets. These planets are believed to originate from micron-sized dust grains in the protoplanetary disks that surround young stars. However, how these dust grains accumulate locally and lead to the formation of planetary systems remains unknown. PDS 70 is the only known celestial object with already–formed planets, by optical and infrared observations, within a protoplanetary disk. Unveiling the distribution of dust grains in this object will provide insight into how the already-formed planets interact with the surrounding protoplanetary disk and potentially influence subsequent planet formation. Previous observations with ALMA at 0.87 mm revealed ring-shaped emissions from the dust grains outside the planetary orbits. However, the emission source might be optically thick (opaque, with dust grains on the near side obscuring those behind them), and the observed emissions distribution might not accurately reflect the distribution of the dust grains. The researchers, led by Kiyoaki Doi, performed high-resolution observations of the protoplanetary disk around PDS 70 at a wavelength of 3 mm with ALMA. The observations at 3 mm are optically thinner (more transparent), providing the distribution of the dust grains more reliably. The new observations at 3 mm showed a different distribution from the previous 0.87 mm observations. They revealed that the dust emission is concentrated in a specific direction within the dust ring outside the planets. This suggests that dust grains, the building blocks of planets, accumulate in a narrow region and form a localized clump. The dust clump outside the planets suggests that the already-formed planets interact with the surrounding disk, concentrating dust grains into a narrow region at the outer edge of their orbit. These clumped dust grains are thought to grow into a new planet. The formation of planetary systems, like the Solar System, can be explained by the sequential formation of the planets from inside to outside by repeating this process. This obserational work captured how already-formed planets interact with their surroundings and trigger the formation of the next planet, contributing to our understanding of planetary system formation. Kiyoaki Doi, who led this work, says, “A celestial object is made up of multiple components, each emitting radiation at different wavelengths. Thus, observing the same object at multiple wavelengths offers a unique perspective on the target. In PDS 70, the planets were discovered at optical and infrared wavelengths, while the protoplanetary disk was observed at millimeter wavelengths. This work shows that the disk exhibits different morphologies, even within the observation wavelength range of ALMA. This highlights the importance of observations across various wavelengths, including multi-wavelength observations with ALMA. Observing multiple components of a target with various observational settings with different telescopes is necessary for a comprehensive understanding of the entire system.” The Atacama Large Millimeter/submillimeter Array (ALMA), an international astronomy facility, is a partnership of the European Organisation for Astronomical Research in the Southern Hemisphere (ESO), the U.S. National Science Foundation (NSF) and the National Institutes of Natural Sciences (NINS) of Japan in cooperation with the Republic of Chile. ALMA is funded by ESO on behalf of its Member States, by NSF in cooperation with the National Research Council of Canada (NRC) and the National Science and Technology Council (NSTC) in Taiwan, and by NINS in cooperation with the Academia Sinica(AS) in Taiwan and the Korea Astronomy and Space Science Institute (KASI). ALMA construction and operations are led by ESO on behalf of its Member States; by the National Radio Astronomy Observatory (NRAO), managed by Associated Universities, Inc. (AUI), on behalf of North America; and by the National Astronomical Observatory of Japan (NAOJ) on behalf of East Asia. The Joint ALMA Observatory (JAO) provides the unified leadership and management of the construction, commissioning and operation of ALMA. AstrobiologyCaterpillar Inc. stock underperforms Friday when compared to competitors despite daily gainsNetflix continues to express confidence that its streaming platform is prepared to handle the massive audiences expected for a pair of Christmas Day NFL games along with the start of its live coverage of the World Wrestling Entertainment's "Raw" next month. Concerns were raised after users experienced issues with buffering and low quality feeds during the Jake Paul-Mike Tyson boxing match last month. Netflix has exclusive rights to stream NFL games on Christmas Day between the Kansas City Chiefs at the Pittsburgh Steelers and the Baltimore Ravens at the Houston Texans. Beyonce is scheduled to perform during halftime of the Ravens-Texans game, which could create more server traffic Netflix must take into account. It's a major test after the company reported an average global live audience of 108 million viewers for Paul's victory over Tyson in Arlington, Texas. Downdetector.com , which tracks service outages, announced that there were 90,000 issues reported at one point. "It was a big number, but you don't know, and you can't learn these things until you do them, so you take a big swing," Netflix chief content officer Bela Bajaria told Front Office Sports. "Our teams and our engineers are amazing, moved super quickly, and stabilized it, and many of the members had it back up and running pretty quickly. But we learn from these things. "We've all obviously done a lot of stuff to learn and get ready for the NFL and Beyonce, and so we're totally ready and excited for WWE." WWE president Nick Khan told FOS that Raw's tone and content will not change as it moves to the streaming service, with its first event of 2025 scheduled for Jan. 6. "There's some online chatter about, ‘oh, it's going to be R-rated, or for us old folks, X-rated.' That's definitely not happening," Khan said. "It's family-friendly, multi-generational, advertiser-friendly programming. It's going to stay that way. I would look for more global flair, especially as the relationship continues to develop." --Field Level Media