CBS has prevented Sony from terminating profitable distribution agreements for “Jeopardy!” and “Wheel of Fortune”, as both parties are engaged in a legal dispute regarding their longstanding contracts.
On Monday morning, Sony made an attempt to assume control over the distribution of their shows to over 200 domestic stations and foreign territories. In response, CBS filed a lawsuit in Los Angeles in an effort to secure a temporary restraining order. This request was granted by Judge Kevin Brazile on Wednesday.
Last October, Sony initiated a legal dispute regarding the classic game shows, asserting that CBS has not secured optimal revenue in its licensing talks and has illegitimately withheld certain license payments. In response, CBS filed a lawsuit, claiming that Sony was presenting a false reason to try and nullify their long-standing distribution contracts, after CBS declined a massive purchase offer.
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Back in October, Sony kicked off a legal battle over the iconic game shows, stating that CBS has fallen short in securing maximum revenue during licensing negotiations and has unfairly withheld certain license fees. Consequently, CBS retaliated by suing, alleging that Sony was using a fabricated excuse to cancel their long-standing distribution deals, following CBS’s rejection of a multi-million dollar acquisition offer.
In 1994, Sony took over the production of two shows following their purchase of Merv Griffin Enterprises. This acquisition included an existing distribution agreement with King World, which was subsequently acquired by CBS in 1999.
The legal matters are still unresolved. Next week, Sony submitted a revised lawsuit and informed CBS’ license holders and other associates about Sony assuming distribution duties, starting this coming Friday.
On Tuesday, CBS requested a temporary injunction, explaining that it could sustain significant and unrecoverable damage, such as substantial financial losses, if the termination was implemented. Furthermore, they contended that Sony’s action would interfere with ongoing talks in approximately 70 different regions.
In response, Sony asserted that they were compelled to take this action unwillingly, following CBS’ continuous and escalating inability to fulfill their contractual responsibilities.
Sony has declared the transition as smooth, having already provided episodes for February 10th and subsequent dates to over 200 broadcasting stations. Moreover, the producer contends that CBS has yet to convincingly demonstrate they are likely to win their case in the ongoing dispute.
The judge granted the order after considering the arguments on both sides.
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2025-02-06 22:46