– WWE has filed a multi-million dollar lawsuit against CTH, their TV partner in Malaysia and Thailand. Apparently the network has stopped paying their rights fees to WWE.
WWE signed a five-year deal that was to run from 2014 through 2018 for RAW, SmackDown, NXT, Superstars, Main Event, Bottom Line, Afterburn, Vintage Collection and This Week In WWE to air. The deal also included pay-per-view events.
The annual rights were to escalate after starting at $2.8 million in 2014, going to $3.64 million in 2015, then $4.55 million, then $5.69 million and finally $6.83 million for a total of $23.5 million.
Source: Wrestling Observer Newsletter
0 comments