A federal appeals court has upheld a $319 million verdict over profits from the game show “Who Wants to Be a Millionaire” and rejected the Walt Disney Company’s request to have a new trial for the case.Back in 2010 a jury decided that The Walt Disney Company hid the popular game show’s profits from its creators, London-based Celador International. The ruling by the 9th U.S. Circuit Court of Appeals found no issues with the verdict or with a judge’s rulings in the case.
Disney did not comment on the decision. The ruling comes two years after a jury ruled in Celador’s favor after a trial that featured testimony from top Disney executives. Celador sued Disney in 2004, claiming Disney was using ‘creative’ accounting to hide profits from the show, which ran in the United States from August 1999 to May 2002 and was a huge hit for ABC. The jury ruled that Celador was owed $269.2 million, and a judge later added $50 million in interest to the judgment.
- $319M verdict upheld in Disney case (abc15.com)
- Court upholds $319M verdict in ‘Millionaire’ case (news.yahoo.com)