Post by cjh on May 22, 2018 23:14:44 GMT -5
www.wrestlinginc.com/wi/news/2016/0815/616525/5-interesting-things-about-buff-bagwell-wwe-lawsuit-current/
Would this mean the wrestlers won't be eligible for the money from the big new TV deals?
Would this mean the wrestlers won't be eligible for the money from the big new TV deals?
Modern WWE booking agreements, such as the one signed by Stephanie McMahon-Levesque in October 2013, have clear language that WWE is not paying royalties related to the WWE Network.
This sort of language began appearing in booking contracts around 2004 when the WWE launched the "WWE 24/7" service (later rechristened "WWE Classics on Demand").
7.5 No Royalties Paid to WRESTLER. Except as specifically set forth in Section 7.1 through 7.3 above, WRESTLER shall not be eligible for any payment or royalties with respect to any other goods, services or otherwise including without limitation to the following: television license fees; television subscription fees; internet subscription fees; subscription video on demand fees; magazine subscription fees and/or advertising; and/or distribution fees of any kind paid to PROMOTER by any entity in connection with the exploitation of the Intellectual Property.
This sort of language began appearing in booking contracts around 2004 when the WWE launched the "WWE 24/7" service (later rechristened "WWE Classics on Demand").
