MTV to Pay $150 Million in ‘Ridiculousness’ Bankruptcy Agreement

MTV has agreed to pay more than $150 million to Rob Dyrdek and others that created “Ridiculousness” as part of a multi-faceted deal reached in the bankruptcy of the production company behind the canceled reality clip show.

Thrill Intermediate LLC and related entities that produced “Ridiculousness” over the course of its 14-year run documented the settlement in court papers filed Tuesday in the US Bankruptcy Court for the District of Nevada. They say the deal resolves multiple disputes that cropped up in Chapter 11 proceedings launched in September.

The “global settlement” resolves a host of claims stemming from the network’s ...