WARNING: We have detected your browser is out of date. For both performance, security and a better web experience you should keep up to date to avoid viruses, malware, hijacking and stay on top of compatibility features.
 
RSS Feed

 

   

 

WWE Files Lawsuit Against International TV Partners

Posted By: Ben Kerin on Aug 20, 2015

WWE Files Lawsuit Against International TV Partners

WWE has reportedly filed a lawsuit against CHT, their television broadcaster in Thailand and Malaysia, who has apparently stopped paying their rights fees to WWE.

WWE signed a five-year deal for 2014 through 2018, for RAW, SmackDown, Main Event, NXT, Superstars, Bottom Line, Vintage Collection, Afterburn, This Week In WWE and all pay-per-view events. The annual rights fees were to escalate, starting at $2.8 million in 2014, to $3.64 million to 2015, $4.55 million in 2016, $5.69 million in 2017 and $6.83 million in 2018, bringing the total value to $23.5 million.

One thing worth pointing out is that in the contract, and possibly in other international contracts, is that RAW must be three hours through the end of 2018, so WWE will likely have to redo all of their international deals if for some reason that ever changes. However, as of right now, USA Network ratings have been declining overall, so WWE is becoming more valuable to the network right now, not less.

Source: The Wrestling Observer Newsletter
Tags: #wwe

âš¡ Explore WNS


Jump To Comments

Popular Tags

Popular Articles

Share Article

Follow WNS

 

 Follow us on X @WNSource 

 Follow us on Instagram & THREADS

 LIKE us on Facebook 

 

âš¡ News tip? Email ben@wrestlingnewssource.com 

 

https://wrestlr.me/39948/  
Adding comments is disabled due to age of article.
 

© 2006-2024 wrestlingnewssource.com

All rights reserved. All other trademarks, logos, video, likeness and copyrights are the property of their respective owners.
Terms of Service · Privacy Policy · Π