Bill Nye the Science Guy Disney Screwed Me With Bad Cash Formula!!

28 August, 2017, 01:01 | Author: Lorena Waters
  • Bill Nye the Science Guy is having a bad reaction to his old TV partners at Disney which is why he's suing them for $9 million

Nye's show was developed in 1992 for Seattle's PBS affiliate, and the following year, the owners of the show made a deal with Buena Vista Television (now Disney-ABC Domestic Television) to promote and distribute the show while it was also still broadcast on PBS.

Bill Nye The Science Guy isn't happy about how Disney's handled his money, so he made a decision to sue the company and its subsidiaries for more than $37 million, Deadline reports.

The 28-page lawsuit, which Nye filed on Thursday in Los Angeles Superior Court, goes on to say that the host received a check in Apri for $585,000 as his share of the profits from the show.

The dispute stems from the royalties Nye said he was supposed to make from the show, which the lawsuit, posted online by Deadline, says was supposed to be 16.5 percent of the net profits.

He hasn't been paid since 2008 because of refusing to repay the "overpayment" amount in return.

Yemen air strike kills 12, including six children
The poor country has been also struck by a cholera outbreak, which has killed so far more than 2,000 people. In the Yemeni capital Sanaa, in a residential area on the outskirts, two buildings were reduced to rubble.

Though the series has been off the air for two decades, Nye first became suspicious of Disney's accounting back in 2007, according to CNN Money.

The auditor, according to the complaint, found that BVT applied incorrect rates for distribution fees, mischaracterized revenues, didn't report royalties and improperly deducted foreign taxes. However, he was reportedly met with opposition and eventually was forced to hire an external auditor.

Bill Nye, the Science Guy, participates in AOL's BUILD Speaker Series to discuss his new book, "Unstoppable: Harnessing Science To Change The World", at AOL Studios on Thursday, Dec. 17, 2015, in NY.

Nye claims that he has suffered damages of at least $9.4 million, while the defendants enriched themselves with "ill-gotten" profits of over $28 million.

The Walt Disney Co. did not immediately respond to a request for comment. He is suing for fraudulent concealment, fraudulent inducement, breach of contract and breach of fiduciary duty, among other claims.

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