Friday, June 17, 2011

Shane Talks Leaving WWE , Hustler/Nancy Benoit Lawsuit Settled

The Los Angeles Times has an article up that looks at Shane McMahon's new business venture, "You on Demand", forming a partnership with Warner Bros. McMahon also talks about his decision to leave WWE and why it was very hard for him.

The article notes that "rising high up the executive ranks, McMahon was seen as a potential successor to his father. There was only one problem. "He wasn't going anywhere," he said and laughed.

"It was the hardest decision I've ever had to make. I didn't want to wake up when I was 70 and say, 'I should have done that.' It's still hard."

McMahon added that there is still some "residual tension" over his decision to leave the company.

When asked if he'd be striking any deals with his father for WWE content on You on Demand, McMahon cracked, "I don't know, I'm a tough negotiator."

The Atlanta Journal-Constitution is reporting that a local jury today voted to penalize Hustler magazine by awarding nearly $20 million to the family of Nancy Benoit after they published nude photographs of her in 2008, following her murder at the hands of Chris Benoit in July of 2007.
Right after the verdict was announced, the judge in the case, U.S. District Court Judge Thomas W. Thrash Jr., ruled that the magazine will be liable for only $375,000 in compensatory and punitive damages ruling that the jury could not exceed Georgia's punitive cap.

The lawyer for Nancy's family said he will appeal the ruling stating that Georgia law allows a jury to exceed the $250,000 cap if it's proven the defendant "acted ... with intent to harm."

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