Jul 07

Disney Loses ‘Millionaire’ Lawsuit to Tune of $270 Million

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Back in February 2009, we reported on a lawsuit filed by Celador, creator of Who Wants to be a Millionaire?, against The Walt Disney Company on claims that Disney cut its own internal deals and cut Celador out of the process, effectively denying the company of revenue it claims it was owned.

Recently the trial was held and the jury agreed with the game show’s creators, awarding Celador $269.4 Million in damages.

The Walt Disney Company is expected to appeal the decision. In an issued statement, Disney says, ‘We believe this verdict is fundamentally wrong and will aggressively seek to have it reversed.’