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BREAKING: In a ruling that could have widespread repercussions throughout the TV industry, Fox has been hit with a $178.7 million judgment in its profit participation dispute with the team behind #Bones latimes.com/business/holly…
At the heart of the #Bones dispute was whether Fox engaged in so-called “self-dealing” — hiding profits from the show to avoid compensating key talent and producers lat.ms/2EfB7L0 
The #Bones dispute pitted stars like @EmilyDeschanel & producers against Fox. The award ($179M) is among the largest of its kind. The biggest was $319M — a 2011 case with Disney & “Who Wants to Be a Millionaire”
@Gettyimages: Deschanel at Sunday's #Oscars
lat.ms/2EfB7L0
@Gettyimages: Deschanel at Sunday's #Oscars
lat.ms/2EfB7L0
Fox engaged in “reprehensible conduct,” according to arbitrator Peter Lichtman's decision. He also said top execs, including 21st Century Fox President Peter Rice, Fox TV CEO Dana Walden and Fox TV Chairman Gary Newman, gave unconvincing testimony lat.ms/2EfB7L0 #Bones
21st Century Fox is seeking to void the punitive damages of $128.5 million, arguing the arbitrator exceeded his powers.
But the studio is NOT contesting the actual damages of $50.2 million. lat.ms/2EfB7L0
But the studio is NOT contesting the actual damages of $50.2 million. lat.ms/2EfB7L0
