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Disney’s Q3 Earnings Report Reveals $65M “Legal Ruling” Charge
Millions & millions were paid out to someone for some suit by the Mouse House this year, but Disney isn't giving any details
TSG alleged it was screwed out of “at least $54.5 million” in Defined Gross Receipts “across the full Qualifying Picture slate” in its Fox deal once Disney fully acquired the previously Rupert Murdoch-owned studio in 2019. For instance, just as subscribers were starting to be able to watch movies on their computers, a $4.1 million win in a patent suit settlement delivered a big boost to a little DVD rental company named Netflix back in 2007. On the other hand, a confidential settlement Netflix made in early September 2022 out of a $5 million The Queen’s Gambit defamation suit from Cold War era chess icon Nona Gaprindashvili never seemed to see the light of day in the company’s reports that year.
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