Sony, CBS settle 'Wheel of Fortune,' 'Jeopardy!' dispute

Sony Pictures Television and CBS person struck a compromise successful their hard-fought ineligible conflict implicit organisation rights to the fashionable “Wheel of Fortune” and “Jeopardy!” syndicated crippled shows.

“We person reached an amicable resolution,” Sony and CBS said Friday successful a associated statement. “We look guardant to moving unneurotic to proceed bringing these beloved shows to audiences and stations astir the world.”

Financial presumption were not disclosed.

As portion of the deal, CBS volition proceed to administer the shows successful the U.S. for an further 2 ½ years — done the 2027-2028 tv season. After that, Sony volition power the home organisation rights.

Sony owns some shows and produces them connected its Culver City lot.

The shows person retained their popularity and coagulated ratings adjacent successful the streaming age, arsenic accepted TV has declined. They stay among the most-watched programs connected television.

The quality began much than a twelvemonth ago, erstwhile Sony terminated its organisation woody with CBS and aboriginal filed a breach-of-contract suit that claimed CBS had entered into unauthorized licensing deals for the shows and past paid itself a commission. Sony besides maintained that fund cuts wrong CBS, which is owned by Paramount, had hobbled the network’s efforts to enactment the 2 shows.

Earlier this year, Sony attempted to chopped CBS retired of the picture, escalating the dispute.

CBS has agelong maintained that it had the ineligible rights to administer the shows to tv stations astir the country. The broadcaster antecedently alleged that Sony’s claims were “rooted successful the information they simply don’t similar the woody the parties agreed to decades ago.”

For years, CBS has raked successful up to 40% of the fees that TV stations wage to transportation the shows. The web took implicit the organisation of the programs erstwhile it acquired syndication institution King World Productions successful 1999.

King World struck deals with the show’s archetypal producer, Merv Griffin Enterprises, successful the aboriginal 1980s to administer “Jeopardy!” and “Wheel of Fortune.” Sony aboriginal acquired Griffin’s company, but those aboriginal agreements remained successful effect.

As portion of this week’s resolution, CBS volition negociate each advertizing income done the 2029-2030 tv season.

However, Sony volition instrumentality implicit each marketing, promotions and affiliate relations for the shows aft the existent tv season, which ends successful mid-2026. Sony volition besides grip the lucrative marque integration campaigns.

In different constituent that was important to Sony, the workplace volition assertion planetary organisation rights opening this December.