WWE and MLW reached a settlement earlier this month in the lawsuit that has played out for a while now.
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.
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WWE and Major League Wrestling (MLW) recently reached a settlement in a long-standing lawsuit that accused WWE of violating the Sherman Antitrust Act in the pro wrestling media market in the United States. The lawsuit, filed by MLW in March, alleged that WWE’s exclusivity agreements, such as those with Peacock and NBC, caused antitrust violations.
The law firm Kasowitz Benson Torres, representing MLW, issued a press release announcing the settlement. The release stated that MLW had reached a settlement with WWE over its antitrust and state law claims. MLW accused WWE of monopolizing and attempting to monopolize the market for the sale or licensing of media rights for professional wrestling programming in the US.
The settlement was reached after MLW successfully defeated WWE’s motion to dismiss and motion to strike numerous affirmative defenses in response to the amended complaint. The parties agreed to resolve the matter on mutually acceptable terms. The Kasowitz Benson Torres team representing MLW was led by partners Marc E. Kasowitz and Christine A. Montenegro, along with partner Nicholas A. Rendino.
This settlement brings an end to the legal battle between WWE and MLW and allows both companies to move forward. The details of the settlement were not disclosed in the press release.
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In conclusion, the settlement between WWE and MLW in their antitrust lawsuit marks an important development in the pro wrestling media market. Both companies can now focus on their respective operations and continue entertaining wrestling fans worldwide.