Fox and a production company have settled a $4.5 million lawsuit over the decision not to pick up a reality series for Fox Business Network.
Fox News and the production company, Leftfield Pictures, announced “an amicable and confidential settlement” filed in the Supreme Court of New York. Neither party admitted any wrongdoing or liability.
Leftfield sued Fox last year, claiming production had begun on the series for FBN when the network terminated the agreement.
Neither party would comment on the terms of the settlement.
“Leftfield Pictures of NY, LLC and Fox News Network, LLC today announced an amicable and confidential settlement concerning their litigation filed in the Supreme Court of New York. No party has admitted any wrongdoing or liability and there has not been any court finding as to the merits of the lawsuit. The parties have also agreed not to make any additional comments about the terms of the settlement. Leftfield and Fox News hope to work together in the future.”