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Post by deltaik24 on Aug 30, 2010 13:18:31 GMT -5
It's a longshot but does anyone think this could possibly end the syndicated version of US millionaire? Again it's a longshot.
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RyanZ
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Post by RyanZ on Aug 30, 2010 16:33:25 GMT -5
No. I don't think the lawsuit affected the show itself in any way.
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Post by Reidb1700 on Sept 5, 2010 10:20:30 GMT -5
Really? I thought that it could have and that might be why we are having this format change.
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Post by deltaik24 on Sept 5, 2010 10:38:18 GMT -5
That's exactly what I was thinking! I think your absolutely right on that one. I see no other reason why they would drastically change the format like that. Their ratings have been steady for years and I'm positive money is not an issue.
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FrankT
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Post by FrankT on Sept 5, 2010 10:53:41 GMT -5
that's what I said!
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RegisFan
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Post by RegisFan on Sept 5, 2010 23:34:19 GMT -5
I think the changes to the format were more the result of a regime change at the show than the lawsuit. The lawsuit is Disney's problem, not Millionaire's. Meanwhile, when new executive producers enter the playing field, things are bound to change.
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Post by Reidb1700 on Sept 5, 2010 23:39:48 GMT -5
That was another idea that I had, it could possibly be a combination of both.
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FrankT
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Post by FrankT on Sept 6, 2010 10:03:07 GMT -5
But then I'd thought that, too.
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RegisFan
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Post by RegisFan on Sept 28, 2010 23:03:19 GMT -5
It's a done deal. ABC just lost a lot of money. From: www.smartbrief.com/news/aaaa/industryPR-detail.jsp?id=AA541CC8-8037-4732-B427-EC8EC1E67F45LOS ANGELES, Sept. 27 /PRNewswire/ -- On September 27, 2010, Judge Virginia A. Phillips of the United States District Court for the Central District of California awarded $50 million in prejudgment interest to Celador International, Ltd. in addition to damages of $269,431,798 awarded to Celador on July 7, 2010 by a jury in Riverside California.
The Order issued after Disney stipulated formally to Celador's entitlement to $50,000,000 in prejudgment interest rather than leave it up Judge Phillips to decide the amount owed to Celador. Disney also agreed not to challenge Celador's right to prejudgment interest and will not appeal the $50,000,000 award. This results in a total judgment against Disney of $319,431,798. Additional litigation costs may yet be awarded to Celador.
On July 7, 2010, a federal jury awarded Celador International, Ltd. $269.4 million in damages after unanimously finding that Disney subsidiaries ABC Television, Buena Vista Television, and Valleycrest Productions, Ltd., had breached their contract with Celador to share profits from the enormously successful game show "Who Wants To Be A Millionaire?". In reaching its verdict in Celador International Ltd. v. Walt Disney Co., the nine member jury also unanimously found that the Defendants breached the implied covenant of good faith and fair dealing they owed to Celador. The jury deliberated for two and a half days before reaching its verdict.
The lawsuit, filed in 2004, arose over a dispute regarding profits from the highly successful game show "Who Wants To Be A Millionaire?", which became a smash hit in 1999 and took ABC from #4 to #1 in network rankings. The show was created by British company Celador International, Ltd. which licensed the rights to ABC Television and Buena Vista Television for North America. In return, Celador was to share fifty-fifty in expected profits from the show. But, based on accountings generated by The Walt Disney Co., not only did the show -- which aired on ABC for three years and has been in syndication for ten years -- never make a profit, it generated over $70 million in "losses" for Disney. The jury found otherwise after a four week trial in Riverside, Calif.
Celador's trial lawyers Roman M. Silberfeld and Bernice Conn, partners with Robins, Kaplan, Miller & Ciresi L.L.P. in Los Angeles, said, "We are pleased that Disney recognized the wisdom of reaching this agreement rather than incurring the cost of litigating the prejudgment interest issue in the trial and appellate courts."
About Robins, Kaplan, Miller & Ciresi L.L.P.
Robins, Kaplan, Miller & Ciresi L.L.P. (www.rkmc.com) is one of the top trial firms in the country. The firm's clients include numerous Fortune 500 corporations, emerging markets companies, entrepreneurs, and individuals as both plaintiffs and defendants. Robins, Kaplan, Miller & Ciresi L.L.P. is frequently engaged in high-stakes, complex litigation with significant bottom-line implications for their clients, and the business lawyers handle complex transactions in a variety of market segments. The firm has more than 250 lawyers located in Atlanta, Boston, Los Angeles, Minneapolis, New York and Naples (FL).
Robins, Kaplan, Miller & Ciresi L.L.P. has been honored with recognition from The American Lawyer, which ranked the firm no. 6 in the country in the 2009 Pro Bono Survey, and twice named the firm to the A-List (2007 and 2004). The firm has regularly received a top ranking for litigation from Chambers USA. In 2009, the firm was included on the National Law Journal's "The Midsize Hotlist" and chosen as a "Go-To Law Firm" by Corporate Counsel.
SOURCE Robins, Kaplan, Miller & Ciresi L.L.P. |
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Post by Reidb1700 on Sept 30, 2010 18:23:13 GMT -5
Yikes, that kind of money is just outrageous.
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Post by millionfan on Feb 22, 2011 21:34:27 GMT -5
Late reply! Sorry!
Oh no! now WHAT?!?!?
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) I guess the next on will be Poland then...
Nov 21, 2024 14:43:39 GMT -5
) I guess the next on will be Poland then...
Nov 21, 2024 14:43:39 GMT -5
