Mark Burnett Settles $70 Million Entertainment Lawsuit

more+
less-

Mark Burnett Settles $70 Million Entertainment Lawsuit

Producer Mark Burnet, who is behind several popular television programs including Survivor and the Apprentice, recently settled an entertainment lawsuit brought by his former business partner. The $70 million settlement ended a nearly four year legal battle that had become an increasingly contentious.

As detailed by the Hollywood Reporter, Conrad Riggs claimed he was owed more than $70 million for his work with Burnett, which included pitching many of his successful shows to the networks. Riggs contends that their partnership agreement called for Burnett to pay him 10 percent of revenue from his company Mark Burnett Productions over the course of their nine-year relationship. Riggs contends that Burnett stopped making payments in 2007, when Riggs refused to sign a formal contract containing terms that deviated from what he expected.

LOADING PDF: If there are any problems, click here to download the file.

Published In: Art, Entertainment & Sports Updates, Business Organization Updates, General Business Updates

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

© Anthony Caruso, Scarinci Hollenbeck | Attorney Advertising

Don't miss a thing! Build a custom news brief:

Read fresh new writing on compliance, cybersecurity, Dodd-Frank, whistleblowers, social media, hiring & firing, patent reform, the NLRB, Obamacare, the SEC…

…or whatever matters the most to you. Follow authors, firms, and topics on JD Supra.

Create your news brief now - it's free and easy »