The Delaware Supreme Court has upheld the World Wrestling Federation’s programming shift from USA Networks to Viacom.
Viacom officials Monday touted the court’s ruling, which upheld a decision by Delaware Chancery Court that had been appealed by USA. USA has aired four WWF wrestling shows that will now move to Viacom networks.
Under a new five-year agreement, Viacom’s TNN cable network soon will air three WWF shows, and its MTV cable net will air one show. The pact also extends a broadcast of “WWF Smackdown!” on Viacom’s UPN.
Viacom has taken a 3% equity stake in WWF parent company World Wrestling Federation Entertainment, a publicly traded company located in Stamford, Conn.