WWE Settles with William Morris
By MCN Staff
published Vince McMahon's World Wrestling Entertainment Inc. said it agreed to pay a
$13 million settlement to William Morris Agency, which it had sued in hopes of
getting out of a revenue-sharing contract.
WWE said it will report a $3 million (5 cents per share) net loss for its
fiscal second quarter as a result of the settlement.
Multichannel Newsletter
The smarter way to stay on top of the multichannel video marketplace. Sign up below.
More about multichannel news