WWE RAW & Tribute To The Troops Ratings Are In, More
By Ryan Clark | December 22, 2009
The December 19th edition of WWE AM RAW did a 0.5 cable rating.
Monday night's edition of WWE Monday Night RAW scored a 3.18 cable rating. That is rounded up to a 3.2. The show did hours of 3.18 and 3.18.
Broadcastengineering.com has an article up on WWE, and the technology that they use for their TV shows.
MMA fighter Muhammed "King Mo" Lawal, who at one time was recruited by WWE, was fined $2,000 (10% of his purse) for an issue with his sponsor, which was splashing the cage with Rockstar Energy Drink after his win at the Strikeforce: Evolution event Saturday night.
The following press release was sent out today, announcing that lawsuit between WWE, JAKKS and THQ has been settled…
THQ, WWE® and JAKKS Pacific Announce Settlement of Long-Standing Litigation
THQ Inc. (NASDAQ: THQI), World Wrestling Entertainment, Inc. (NYSE:WWE) and JAKKS Pacific, Inc. (NASDAQ: JAKK) today announced that they have reached settlement agreements with respect to the WWE® video game and toy licenses and the THQ/JAKKS Pacific LLC joint venture. Under the three-party settlement, all claims are withdrawn and all litigation ended among the parties without any party admitting any wrongdoing.
As part of the resolution of these matters, THQ will pay WWE $13.2 million. In addition, THQ has entered into a new eight-year video game license directly with WWE commencing January 1, 2010, which is three years longer than the renewal term under the previous arrangement between WWE and the THQ/JAKKS Pacific LLC joint venture. Information regarding the new license agreement, announced separately today, may be accessed at http://investor.thq.com/phoenix.zhtml?c=96376&p=irol-news&nyo=0.
In addition to its preferred return payment to JAKKS for the period ending December 31, 2009, THQ will pay JAKKS Pacific $20 million over the next four years, with payments of $6 million due June 2010 and June 2011, and payments of $4 million due June 2012 and June 2013, and the THQ/JAKKS Pacific LLC joint venture will terminate effective December 31, 2009.