The distributor holding money out from WWE.
According to Ryan Satin of Pro Wrestling Sheet, WWE has filed a lawsuit against Transworld Television. WWE came to an agreement with Transworld Television and that agreement allowed for TWT to distribute TV license agreements for WWE in certain areas of the world. Transworld Television Entertainment is based in Lebanon which is bordered by Syria and Israel.
The site notes that according to court documents that were obtained, as mentioned above, TWT was allowed to distribute TV license agreements for WWE but that agreement entailed that TWT were to collect the money and pay a portion of it to WWE. The sports-entertainment company claimed that they have sent a number of invoices and emails in an attempt to get the money that they are owed. The report notes that the current total the WWE is owed is $337,142.98.
Transworld Television previously made a similar agreement in 2014 with a company that licensed WWE programming for television in the Middle East and Africa but Transworld failed to pay the sports-entertainment company any of the money that was made from the content. WWE is asking a judge to help them recover the money back, along with interest and legal fees.
