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Viacom pins WWF rights

TNN to air three shows, MTV cable net to air one

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.

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