December 10th 2024.
The parent company of a large betting conglomerate recently took legal action against former heavyweight boxing champion Mike Tyson. The company, known as Medier, promotes the popular betting platform Rabona and has accused Tyson of prematurely terminating an agreement that was signed earlier this year. The lawsuit, which was filed in London's High Court on December 9th, names both Tyson and his company, Tyrannic, as defendants and claims that a deal was made in January, only to be terminated by Tyson in March.
Rabona is seeking $1.5 million in damages from Tyson, stating that the termination was unjustified and stemmed from Tyson's involvement in another fight sponsored by Netflix. The lawsuit alleges that Tyson's decision to fight influencer Jake Paul, in a deal organized by Netflix, was the true reason for his hasty and unlawful termination. The company is requesting that Tyson return over $800,000 in fees that were paid to him for services that were never provided, as well as $729,000 in production and promotion costs that were wasted as a result of the termination.
However, Tyson's legal team has fired back, claiming that Medier actually breached the contract by failing to obtain Tyson's approval of promotional materials. This dispute has caused tension between the two parties, as well as disappointment among boxing enthusiasts and viewers. On November 15th, the much-anticipated fight between the 58-year-old Tyson and 27-year-old Paul took place, but it failed to live up to the hype. The fight was lackluster and marred by connectivity issues with Netflix, leaving millions of viewers frustrated and unable to fully enjoy the event.
In fact, one viewer, Florida resident Ronald "Blue" Denton, was so dissatisfied with the streaming experience that he has filed a $50 million lawsuit against Netflix, according to a report from TMZ. Denton is accusing the company of breaching their contract and causing him to miss out on the highly anticipated match between "Iron" Mike Tyson and Jake Paul. In a statement to the press, Denton wrote, "60 million Americans were hyped to see 'The Baddest Man on the Planet' take on YouTuber-turned-prizefighter Jake Paul. Instead, we got 'The Baddest Streaming on Planet.'" This lawsuit has caused even more negative attention for Netflix, as it comes on the heels of another legal battle with Aretha Franklin's estate over the unauthorized use of her music in the hit series "The Queen of Soul".
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