Federal jury awards $269.2 million in damages in "Who Wants to Be a Millionaire" suit (series, show)

[VLWH]

In a legal setback for the the Walt Disney Co., a federal jury in Riverside awarded the creator of "Who Wants to Be a Millionaire" nearly $269.2 million in damages from the once-popular prime-time game show.

Creator Celador International sued The Walt Disney Co. in 2004, claiming that it had been denied its fair share of profits from the show, which aired on the entertainment giant's ABC network for three years beginning in the summer of 1999 and continues to appear on local TV stations. Celador argued that a series of "sweetheart deals" struck between a clutch of Disney-owned companies kept the show in the red, even as it became ABC's first No. 1 show in more than a decade

You gotta love the famous Hollywood accounting method.


Federal jury awards $269.2 million in damages in "Who Wants to Be a Millionaire" suit | Company Town | Los Angeles Times

[evilnewbie]

I hate tax cheats... and here we are today trying to develop new loopholes for them to get MORE money back... when will people have enough... accounting fraud to avoid taxes... don't be surprise that the IRS sits on its arse and does nothing...

[GloryB]

Guess HE wanted to be a millionaire!!!