Home > News > Wicked Awarded $2M Over Dispute With Trans Digital Media • Bookmark   • Newsletters   • Register Search Options

NEWS STORY

Wicked Awarded $2M Over Dispute With Trans Digital Media

Wicked Awarded $2M Over Dispute With Trans Digital Media
Get XBIZ News
Oct 18, 2012 5:00 PM PDT    Text size: 

NEW YORK — An arbitrator recently awarded Wicked Pictures $2 million after the adult entertainment studio claimed that cable and satellite TV distributor Trans Digital Media breached its contract after it stopped making royalty payments.

The case has its roots from a September 2006 deal, when New York-based Trans Digital Media inked a pact with Wicked to exclusively distribute its content to U.S. cable and satellite multiple-system operators.  

The agreement operated satisfactorily for the first few years — Wicked delivered the requisite number of films and TDM placed the films with the MSOs, paying Wicked proper royalties.

But three years into the deal, Trans Digital Media fell behind in minimum payment obligations.

Wicked and Trans Digital Media later agreed to renegotiate its contract in 2010, striking a new deal with lower minimum guarantees.

"We worked with TDM to make a few changes here and there," Wicked owner Steve Orenstein told XBIZ. "And then we came to an agreement with them for a new five-year deal.

"But within six months of that five-year deal, there started to be issues with getting payments. We were patient with them, but then we said, 'enough is enough,' and we filed our claim."

Orenstein said that Wicked had been without a cable and satellite distribution agreement for about one year because of the legal squabble, but "now, we have a successful future in cable with our new partners Pure Play Broadcasting."

Wicked last May entered into an exclusive broadcast distribution relationship with Pure Play Broadcasting, which provides video-on-demand content to more than 33 million homes in North America through its Heat On Demand VOD service.

Pure Play Broadcasting also provides content for operators in Latin America through Sky Brazil and Sky Mexico and  licenses and distributes mature-themed content to premium and broadcast channels in the U.S. and E.U.

Trans Digital Media owner Carl Ruderman did not immediately respond to XBIZ for comment.  

More ways to get XBIZ News:  RSS Feeds  |  E-Newsletters  |  Desktop Widget  |  Mobile
Looking for porn star news and behind-the-scene videos? Check out XFANZ.com !

BUSINESS ANALYSIS

A Look at the Latest Technological Advances in Billing

As the digital media industry races headlong into a future full of new technology, one vital underpinning — the ability to easily, profitably, and safely process payment transactions — is taking... More »

Sex Toy Storage Creators Discuss Growing Consumer Demand for Hygienic Options

Growing up, you probably had a few toys. When playtime came to an end, you were probably asked to put them away. Now, you are a grown up, and you probably have some toys of a different variety. But where... More »

Uncovering the Newest Trends in Alternative Billing

For adult merchants, especially adult website operators, the notion of “alternative billing” hasn’t really evolved from its Ameri-centric “anything but MasterCard or Visa”... More »
XBIZ NEWSLETTERS
Stay informed of the latest industry developments. Get XBIZ newsletters delivered to your inbox. Subscribe today!
Enter email address:

* To manage existing subscriptions click here.






POPULAR PRODUCTS & SERVICES
Submit your press release to
multiple news outlets with 1 click.
Subscribe to RSS news feeds or
add free content to your website.
Access XBIZ news and articles
with your mobile device.
Subscribe to XBIZ World magazine, the industry's leading e-commerce trade publication, delivering in-depth coverage of the online, mobile and ancillary digital markets.

UPCOMING EVENTS

XBIZ.net Paysite Meetup

May 04 - May 04
Prague, Czech Republic

Eurowebtainment 2017

May 17 - May 20
Majorca, Spain

XBIZ Retreat

May 30 - Jun 03
Miami, Florida

XBIZ Miami 2017

May 30 - Jun 02
Miami, Florida
Everyday thousands of business professionals browse XBIZ's industry directory for quality products and services. Not listed yet? Your company could be losing potential new business. Submit your company today!
Use XBIZ RSS feeds to stay informed of the latest industry developments or as a content syndication tool for your website!