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Sony Sues CBS Over ‘Dismal’ Jeopardy, Wheel of Fortune Revenue
The TV business is going through a transition, with viewers shifting from broadcast and cable channels to streaming services.
Photographer: Amanda Edwards/Getty ImagesSony Pictures Television Inc. accused CBS Studios Inc. in a lawsuit of leaving millions of dollars on the table in the network’s distribution of the popular Jeopardy! and Wheel of Fortune game shows.
Sony, the producer of the programs, claims CBS has made more than $1 billion profit from a distribution agreement going back 35 years, but isn’t working aggressively enough to maximize revenue from licensing the shows to local TV stations and selling advertising in them.