xbiz world
xbiz premiere

Playboy to Pay DirecTV $13M to Settle Dispute

CHICAGO — Playboy Enterprises Inc. will pay DirecTV Inc. $13 million to settle a breach of contract dispute and ink a new licensing deal with the satellite broadcaster.

DirecTV filed a lawsuit in March claiming that Playboy and its Spice Hot Entertainment division breached a deal by violating an agreement to offer some channels at the same terms that it was offering them to other pay TV services.

Chicago-based Playboy said in a regulatory its Spice Hot Entertainment division will make the cash payments to DirecTV through January 2013 to resolve the lawsuit DirecTV had filed against Playboy in Los Angeles Superior Court.

Playboy also said it would take a $13 million charge in its upcoming fourth-quarter earnings report.

The settlement includes cash as well as DirecTV’s affiliation agreement to carry in the U.S. through 2013 the channels Playboy TV, Spice:Xcess, fresh!, SKiN, and Playboy TV en Espanol.

Related:  

Copyright © 2024 Adnet Media. All Rights Reserved. XBIZ is a trademark of Adnet Media.
Reproduction in whole or in part in any form or medium without express written permission is prohibited.

More News

Kink's Closet Releases New Collection

Kink's Closet has released its latest collection.

Eldorado to Host 'Virtual Elevation' Webinar With COTR

Eldorado Trading is hosting a private "Virtual Elevation" live webinar for retailers with COTR Product Education Director Tracy Felder on July 23 at 10 a.m. PDT.

MixedX Releases 'The Secret Examination'

MixedX has released "The Secret Examination," starring Angelika Grays and Lia Lin.

Kinkly Partners With Sex.com for Branded Items

Canada-based sexual wellness information site Kinkly has partnered with Sex.com to offer a selection of 20 exclusive branded items, including fashion pieces and accessories.

Haley Davies Toplines 'Hardcore Bombshells 2' From Hard X

Haley Davies headlines the second volume of "Hardcore Bombshells," from X Empire studio brand Hard X.

Ella Reese Headlines 'I Can't Help It 4' From Bellesa

Ella Reese toplines the fourth volume of "I Can't Help It," from Bellesa.

Champs Hires Joe Prestia as Senior Account Manager

Champs Trade Shows has hired industry veteran Joe Prestia as its new senior account manager for adult boutiques.

Orion Debuts Javida Licking and Thrusting Vibrator

Orion Wholesale has introduced the new Licking and Thrusting Vibrator from its Javida line.

Melody Mynx Stars in Latest From MYLF

Melody Mynx stars with Trinity Olsen and Nicky Rebel in the latest release from MYLF, titled "Anal Dare."

Derek Hay Sentencing Hearing: Performers Give Impact Statements

The first day of the sentencing hearing for LA Direct Models’ Derek Hay, who pleaded guilty in May to one charge of conspiracy to commit pandering and a charge of perjury, took place in Los Angeles Wednesday.

Show More