Tag "WWE TV rights"

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Class action lawsuit filed against WWE over TV deal fiasco

Shareholder rights law firm Robbins Arroyo LLP announced yesterday that it has filed a federal securities class action lawsuit on July 25, 2014, in the U.S. District Court for the District of Connecticut on behalf of all persons who purchased

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Vince McMahon says NBC Universal deal was a disappointment

WWE Chairman and CEO Vince McMahon admitted that they were disappointed with the amount of money they got from the NBC Universal deal although he was happy with the International deals that the company managed to get done so far.

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Former Attorney General of Louisiana launches WWE investigation

Former Attorney General of Louisiana, Charles C. Foti, Jr., Esq., a partner at the law firm of Kahn Swick & Foti, LLC, announced that KSF has commenced an investigation into WWE following the announcement of their new TV deal with

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Who was in charge of WWE’s new TV deal negotiations?

The man who advised WWE and spearheaded the negotiations of the new television deal was Chris Bevilacqua, the co-founder of Bevilacqua Helfant Ventures, a company based in New York City which focuses on media and commercial rights advisory services and

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WWE and NBC Universal announce new TV deal

WWE and NBC Universal signed a new multi-year deal that will keep Monday Night RAW on USA Network, Smackdown on SyFy and Total Divas on E! for the next few years. The announcement was made yesterday by Paul “Triple H”

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Variety says new WWE/NBC Universal deal not yet done, but very close

Variety is reporting that the new TV deal between WWE and NBC Universal is being finalized however as of this morning the new contract has not yet officially been signed but sources close to the talks said it should be

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Analysts say new WWE TV deal is not what WWE wanted money-wise

Rumors of the imminent deal announcement of WWE’s new TV contract sent WWE stocks up over 5% today, hitting $19.90 a piece at one point in late-day trading. WWE is currently receiving $140 million for TV rights from NBC Universal,

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No merger talks between WWE and AMC Networks

TheStreet.com took a look at the rumors of AMC Networks buying WWE from the McMahon family, a rumour which spiked the WWE shares on Thursday to a new all-time record of $31.98 for a few minutes. According to a source

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WWE CFO expects new TV deal by early May

WWE’s Chief Strategy & Financial Officer George Barrios told Bloomberg that the company is expected to announce a new TV partner by the end of April or beginning May, hinting at a move away from NBC Universal’s properties. Barrios said

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WWE to talk with other networks as no new deal is reached with NBC Universal

WWE TV shows could be moving to a new home as Variety is reporting that both WWE and NBC Universal have “stepped away from the negotiating table” with no deal in place to keep RAW and Smackdown on USA Network

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Which TV network will walk out with the WWE shows?

Yesterday, NBC Universal’s exclusive window to renew all WWE programming came to an end, and unless they coughed up the money that WWE was looking for, the company is now in a position to deal with other potential networks. WWE

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No deal yet between WWE and NBC Universal for WWE TV rights

The New York Post is reporting that it might be a Valentine’s Day massacre for WWE and NBC Universal as NBCU has up until Friday to accept or refuse WWE’s offer for their television shows. NBCU had an exclusive negotiating

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NBCU to offer Hall of Fame property in bid to keep WWE programming

In a bid to keep all WWE programming, NBC Universal is out in full force, even offering a space at their Universal Studios property to host a physical WWE Hall of Fame according to the New York Post. The Post

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WWE hopes to secure millions in new TV deal for all shows

Variety has an excellent article regarding the upcoming WWE negotiations over their television shows RAW, Smackdown, Main Event, Saturday Morning Slam, and Total Divas. All shows are up for renewal at the same time, something that WWE has done for

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