Did you hear the news recently that several of the actors from the 1970s sit com "Happy Days" are now suing CBS claiming they have not been paid their contractual share of merchandising revenue received by CBS in recent years?
When I first heard about this, I was surprised because every news source seemed to recite the same laundry list of licensed merchandise that didn't seem right to me. When was the last time you saw "Happy Days" comic books, or trading cards, or lunch boxes? Those particular products just couldn't be the genesis of the suit in 2011, I thought. Well, as it turns out the real driver was the licensing of "Happy Days" slot machines, as you can read HERE.