The Wall Street Journal reports that Gawker and Hulk Hogan are in settlement discussions over Hogan’s huge trial victory which caused the personal bankruptcy of Nick Denton. It was anticipated that A.J. Daulerio was to file for personal bankruptcy as well. In March, a Florida jury awarded Hogan $140.1 million including $25.1 million in punitive […]
legal
Deontay Wilder files motion to dismiss against Povetkin, World of Boxing
Deontay Wilder and Lou DiBella have filed a Motion to Dismiss the claims of Alexander Povetkin and his promoter. The motion reflects what might be a long, hard fight in court. As you may recall, in June Wilder and his promoter, Lou DiBella and DiBella Entertainment filed a lawsuit against World of Boxing, LLC (“WOB”) […]
Golden Boy requests trial against Haymon pushed to March 2017
The lawyers for Golden Boy have requested a continuance in the antitrust trial against Al Haymon. The date, originally set for the end of January 2017, is going to be pushed to March if the court agrees with the unopposed motion. A declaration by Golden Boy’s lead counsel, Bertram Fields, requests that the trial date […]
WWE reports Q2 revenues
On Thursday, the WWE announced its second quarter earnings for the year. Despite record revenues, the company’s Q2 profits missed expectations. According to the WWE earnings call held Thursday morning, revenues grew 32% to a record $199M. Profits are off due in part to spending which included Wrestlemania. The WWE Network hit 1.52M average paid […]
UFC renews broadcast deal with BT Sport
UFC has renewed its broadcast rights partnership with United Kingdom and Ireland provider BT Sport per press release. The deal allows for BT Sport to the exclusive right to air live UFC events throughout the UK and the Republic of Ireland. The deal allows for BT Sport to show over 150 hours of live UFC […]