On Behalf of MLW Media in Antitrust Suit
WWE and MLW reached a settlement earlier this month in the lawsuit that has played out for a while now, Andrew Ravens reports for eWrestling News.
Major League Wrestling filed the amended lawsuit in March, alleging that WWE’s exclusivity agreements (such as Peacock and NBC) caused violations of the Sherman Antitrust Act regarding the pro wrestling media market in the United States.
The law firm Kasowitz Benson Torres recently issued a press release:
Kasowitz Secures Settlement on Behalf of MLW Media Against World Wrestling Entertainment in Antitrust Suit
New York, NY, December 22, 2023 — Kasowitz Benson Torres, on behalf of professional wrestling promotion company MLW Media (MLW), has reached a settlement with World Wrestling Entertainment (WWE) over MLW’s antitrust and state law claims against WWE for monopolizing and attempting to monopolize the market for the sale or licensing of media rights for professional wrestling programming in the United States.
On December 22, 2023, MLW filed a stipulation and proposed order of dismissal of its lawsuit against WWE with the U.S. District Court, Northern District of California, notifying the court that the parties have entered into a settlement agreement.
The settlement follows MLW’s successful defeat of WWE’s motion to dismiss, as well as its successful motion to strike numerous affirmative defenses in WWE’s answer to the amended complaint. The parties agreed to resolve the matter on mutually acceptable terms.
The Kasowitz Benson Torres team representing MLW is led by partners Marc E. Kasowitz and Christine A. Montenegro and includes partner Nicholas A. Rendino.