Posted By Caroline Walsh on 04/18/17
PWInsider reports that Audience of One has won its lawsuit against Impact Wrestling (formerly TNA), as Impact admitted before the U.S. District Court, Eastern District of Virginia that they breached their deal with AO1. In a filing on April 14, they also admitted that their Repayment Agreement with AO1 was a “valid and enforceable” contract. They agreed to pay $336,602, which includes the remaining balance they owe the company plus interest. The court closed the lawsuit with prejudice, which means they as long as AO1 gets paid, they can’t file another suit against Impact.
The lawsuit was originally filed in September of last year. They claimed that TNA’s Chief Financial Officer Dean Broadhead and Impact Ventures tried to hire them under the false pretense that they wanted them as Impact’s full-time production company. They didn’t pay them on time for their work, which led to a payment plan being established. Impact then stopped paying after the first payment. Impact also admitted to this in court. AO1 was originally asking for $223,000 plus interest and post-judgment costs for breach of contract and violating Virginia code. The lawsuit was filed before Anthem Media became majority owners in the company.