A federal judge in Connecticut has issued a written smackdown of the litigation between the WWE and former wrestlers in a contentious lawsuit claiming that the company knew of information concerning a link between repeated head trauma and permanent neurological conditions that it exposed to its wrestlers. The lawsuit involves former pro wrestlers Evan Singleton […]
WWE
WWE and StubHub announce partnership
The WWE and StubHub announced a multi-year agreement making the ticket company the WWE’s exclusive ticket resale marketplace for fans in the U.S. and Canada. The agreement comes in time for the WWE’s biggest event of the year, WrestleMania. In addition to the WWE, StubHub has deals with Major League Baseball, the San Francisco Giants, […]
WWE earnings for Q4 impress Wall Street
WWE set a 52 week record for stock price as it announced its end of year earnings for 2016 this past Thursday. According to its earnings call, WWE Network subscribers grew 14% to 1.41 million paid subscribers. Revenue increased 11% to a company record $729.2 million. Per a company press release, “[T]he Company reported Net […]
Netflix acquires rights to Hogan v. Gawker documentary
Netflix has acquired the worldwide rights to the documentary “Nobody Speak: Hulk Hogan, Gawker and Trials of a Free Press,” according to The Hollywood Reporter. The documentary is about the case that brought down media company Gawker due to a short video it published of a sex tape involving the former wrestler. As you may […]
Gawker pays $31M to settle Hogan lawsuit
The New York Times reports that Gawker Media Group and Hulk Hogan have settled Hogan’s invasion of privacy lawsuit for a reported $31 million. Hogan prevailed at trial and a jury verdict awarded him a $140 million judgment but Gawker appealed the court decision. Instead of pursuing the appeal, the parties decided to settle the […]