to challenge the wiping out of $128 million in punitive damages, but there's another aspect of the case being litigated.
Josephson asserts there would be tens of millions of dollars more in the profit pool were it not for misclassifications and failures to report revenue. His agreement for the series provided him with contingent compensation of 12.5 percent that was reducible by the profits paid to all third parties. But Josephson alleges that Fox violated the guaranteed 7.5 percent floor by counting both "above the line" and "below the line" third-party profit participations.
The amended complaint continues, "In dollar terms, TCFTV has thereby improperly reduced the MAGR it reports to Josephson from $236,370,687 to $177,819,677 — far less than '100% of MAGR.' Just this bit of chicanery, in turn, has deprived Josephson of approximately $10 million to date."