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The Powers That Be: Daily
Michael Rubin’s Legal Woes & A Skydance Scoop
Jul 25, 2024
Legal expert Eriq Gardner and Peter Hamby discuss the legal challenges faced by Fanatics and founder Michael Rubin, including rights deals, talent poaching, and disputes with Panini. They also touch on an under-the-radar trial involving the Skydance-Paramount merger, providing insights into disruptive industry practices and competitive strategies.
18:12
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Quick takeaways
- Michael Rubin's legal battles stem from aggressive strategies like talent poaching and monopolistic trading card deals.
- The Paramount Skydance merger faces legal scrutiny for potential corporate malpractice benefiting Shari Redstone.
Deep dives
Legal Battles Involving Fanatics and Michael Rubin
Fanatics, led by Michael Rubin, faces legal challenges due to its aggressive expansion in various industry segments like sports merchandise, e-commerce, and gaming. Rubin's strategies, including signing long-term rights deals and recruiting employees from competitors, have sparked legal disputes from rival companies. For instance, an ongoing court battle arose when Rubin attempted to poach an employee from DraftKings, leading to accusations of unfair competition and non-compete violations.
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