2010 verdict awarded $320 million in favor of Celador
A federal appellate court has denied the Walt Disney Co.’s request that it rehear An review a $320 million jury verdict in favor of Celador Intl. over the profits from “Who Wants to Be a Millionaire?”
The 9th Circuit Court of Appeals in December upheld the jury’s 2010 verdict, one of the largest in a Hollywood profit-sharing dispute.
Celador, which created the show and licensed the rights to ABC and Buena Vista Television, was to share 50-50 in the profits from the show, but sued after Disney contended that the hit series generated losses.
Disney could appeal to the Supreme Court, but legal observers say that is unlikely because the appellate opinion was unpublished, meaning it was not written to set a precedent.