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Media Rights Deals

All articles tagged with #media rights deals

sports1 year ago

"FSU Amends Lawsuit, Targets Former ACC Commissioner for Legal Action"

Florida State University has filed an amended complaint in its lawsuit against the ACC, alleging "self-dealing" by former commissioner John Swofford in media rights deals that cost member schools millions while benefiting his son. The complaint details specific media rights deals with Raycom Sports that Florida State claims have hurt all member schools. In response to the ACC's lawsuit against Florida State, the complaint describes the lawsuit as "unprovoked" and denies breaching contractual obligations to the league.

sports2 years ago

"WWE NXT Secures New TV Deal with The CW for 5 Years"

WWE's weekly showcase for up-and-coming wrestlers, NXT, will move from USA Network to The CW in October 2024 as part of the company's new media rights deals. This move follows WWE Smackdown's departure from Fox to USA at the same time. The deal will give The CW a year-round block of programming and potentially increase NXT's reach, as The CW is available in about 100 million homes in the United States compared to 72 million for USA. WWE president Nick Khan stated that the move to The CW was a "no brainer" due to the network's increased reach and the economics of the deal. WWE is also expected to make a decision on a new rights deal for its flagship series, Monday Night Raw, in the first half of next year.