Sony Sues CBS Over Jeopardy!, Wheel of Fortune
Sony Sues CBS Over Jeopardy!, Wheel of Fortune
Sony Sues CBS Over Jeopardy!, Wheel of Fortune
News summary

Sony Pictures Television has filed a lawsuit against CBS Studios, accusing the latter of breaching their distribution agreement for the game shows Jeopardy! and Wheel of Fortune. The suit, filed in Los Angeles Superior Court, claims CBS has failed to maximize revenues, entered unauthorized international deals, and prioritized its own shows over the iconic game shows. Sony alleges that CBS has licensed the shows at below-market rates and has suffered from inadequate staffing due to layoffs, which they argue hinders CBS's ability to fulfill its contractual obligations. The legal action seeks damages and aims to terminate the existing distribution agreement with CBS, which has been in place for over 35 years. CBS, which has reportedly generated over $1 billion from the shows, has not yet commented on the lawsuit. Sony's claims highlight a broader concern about CBS's management and effectiveness in leveraging the value of these highly popular programs.

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Left 67%
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3
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1
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Last Updated
6 days ago
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67% Left
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