Sony and CBS Resolve ‘Wheel of Fortune’ and ‘Jeopardy!’ Dispute
Sony Pictures Television and CBS have reached an agreement to settle their long-standing dispute over the distribution rights to the iconic game shows “Wheel of Fortune” and “Jeopardy!”. This resolution was publicly announced through a joint statement from both companies.
Details of the Agreement
The new deal allows CBS to continue distributing both shows in the United States for an additional 2.5 years, extending through the 2027-2028 television season. After this period, Sony will gain control of the domestic distribution rights.
- Duration of CBS’s Distributorship: Until the end of the 2027-2028 season.
- Domestic Distribution Rights: Transitioning to Sony after the specified period.
- International Distribution Rights: Sony will take over in December 2023.
Background of the Dispute
The conflict between Sony and CBS began over a year ago. Sony accused CBS of unauthorized licensing deals and breaching their original agreement. Specifically, Sony claimed that CBS had benefitted from commission payments in these arrangements.
Additionally, Sony expressed concerns over budget cuts within CBS, which it argued hindered the network’s ability to support “Wheel of Fortune” and “Jeopardy!”. In contrast, CBS argued that its rights to distribute the shows were well-established and defended its actions as part of a longstanding agreement dating back to its acquisition of King World Productions in 1999.
Impact on Advertising and Promotions
As part of the settlement, CBS will continue to manage advertising sales for these shows until the end of the 2029-2030 television season. However, starting with the next television season in mid-2026, Sony will take control of marketing, promotions, and affiliate relations.
Legacy of “Wheel of Fortune” and “Jeopardy!”
Both game shows have remained highly popular, continuing to attract large audiences even amidst the rise of streaming services. Their solid ratings have established them as mainstays of traditional television.
Initially produced by Merv Griffin Enterprises, the shows have seen various shifts in distribution rights over the years. Notably, CBS has benefited significantly from these programs, reportedly earning up to 40% of the fees paid by television stations to air them.
Sony and CBS expressed optimism about future collaborations, stating their commitment to delivering quality entertainment to audiences worldwide.