Game Changer Wrestling and IWTV [IndependentWrestling.tv] have reached a settlement in their lawsuit.
Back in 2020, IWTV filed a lawsuit against GCW for a breach of contract, claiming that there was an exclusive agreement between the two parties for filming, producing, and distributing their PPV content digitally. IWTV claims that GCW broke their deal when the company started streaming with FITE TV back in December of 2020. The lawsuit cited a estimated loss in revenue of $500,000.
GCW announced today that they have reached a settlement in their lawsuit with IWTV, stating “We have reached a settlement in our lawsuit with IWTV. This is a major step forward for GCW. Thank you to everyone who has stood by and supported us throughout this process.” The press release also noted that GCW is the sole owner of their extended library, which includes all of the Game Changer Wrestling, Jersey Championship Wrestling, and LA Fights events. Additionally, it was stated that the agreement removes any obstacles which had previously limited the company’s ability to capitalize on their content and “clears the way for us to move forward with ambitious plans to ‘change the game’ in 2022 and beyond.”
You can see GCW’s announcement and press release below.
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