The World Poker Tour has a new home. After five successful seasons on the Travel Channel, the
The GSN agreement provides for “the payment of a $300,000 licensing fee per episode by GSN” and that each season “will total 23 episodes.”
It also locks GSN into spending “at least $3,000,000 in marketing costs for each season of the Show licensed by it.”
It is expected that GSN will air WPT programs on a new night–Monday–along with “High Stakes Poker.”
Read the Form 8-K filing in its entirety here. Developing… { 4 comments }
In a mandatory Form 8-K filing with the SEC today, WPT Enterprises, Inc., the parent company of the World Poker Tour television series, revealed that the Travel Channel chose to not exercise its option to broadcast Season 6 and that an agreement has been entered into with the Game Show Network, LLC (GSN).
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