PWrestling
Watch Wrestling Online- Watch WWE, Raw, Smackdown Live

WWE settles antitrust lawsuit with MLW for $20 million

15

[ad_1]

In January 2022, an antitrust case was initiated between WWE and MLW, marking the beginning of a legal battle centered around accusations of interference in television and streaming deals and talent poaching. The lawsuit underwent numerous amendments and motions before being dismissed in February 2023. However, MLW persisted by filing an amendment, which was met with a denial of WWE’s motion to dismiss in June. Key allegations included claims that WWE was employing unfair practices such as blocking events held by ROH and AEW, as well as interference by Stephanie McMahon in a deal between MLW and the FOX-owned streaming service Tubi.

After months of legal back-and-forth, on December 11, it was announced that WWE and MLW had come to a settlement agreement. The details of the settlement, amounting to $20 million, were disclosed in WWE’s latest 10-K filing. The resolution of the case marked the end of a contentious legal battle that had captured the attention of wrestling fans and industry insiders alike.

The lawsuit, officially titled MLW Media LLC v. World Wrestling Entertainment, Inc., was a complex legal affair that raised important questions about competition and fairness within the wrestling industry. The settlement agreement signaled a significant turning point in the ongoing dispute between the two parties, bringing closure to a chapter of legal wrangling and uncertainty.

As the story continues to unfold, Pwrestling Newss remains committed to providing the latest updates and developments on this significant industry news. Stay tuned for more information as it becomes available.

[ad_2]