-

WWE pays MLW $20 million to settle antitrust lawsuit

In the latest Form 10-K filed with the United States Securities and Exchange Commission it was revealed that WWE paid Major League Wrestling (MLW) a sum of $20 million to settle an antitrust lawsuit.

The lawsuit was originally filed on January 11, 2022 with MLW alleging that WWE interfered with the promotion’s contractual relationship with certain media platforms and engaged in other anti-competitive and unfair business practices in violation of the Sherman Antitrust Act and California law.

MLW had said at the time that WWE pressured Vice TV and later Tubi not to carry their programming and later blocked MLW’s programming from airing on Peacock when Reelz, which aired their shows, joined the streaming service.

A settlement was reached on December 22, 2023 and both parties had notified the court that a $20 million agreement has been met and MLW voluntarily dismissed with prejudice. The judge dismissed the case with prejudice on December 26, 2023.


Discover more from Wrestling-Online.com

Subscribe to get the latest posts sent to your email.

Colin Vassallo
Colin Vassallohttps://www.wrestling-online.com
Colin Vassallo has been editor of Wrestling-Online since 1996. He is born and raised in Malta, follows professional wrestling and MMA, loves to travel, and is a big Apple fan!

Stories you might also likeRELATED
Recommended to you

LATEST NEWS

Mike Tyson to appear at WWE World on WrestleMania Sunday

WWE today announced that Hall of Famer Mike Tyson will be appearing at WWE World on Sunday, April 20. Tickets...

The Rock holds 25-minute press conference after Smackdown

Dwayne Johnson spent around 25 minutes talking to the press after Smackdown ended, fielding questions from local media about...

Carmella no longer under WWE contract

Fightful is reporting that Carmella is no longer under a WWE deal as her contract recently expired without renewal. Carmella...

Discover more from Wrestling-Online.com

Subscribe now to keep reading and get access to the full archive.

Continue reading