LA Weekly Parent Company Village Voice Media On the Hook for $21 Million
Must not have been a very happy Thanksgiving for LA Weekly and Village Voice Media honcho Mike Lacey. For those who didn’t hear the news, the great California newspaper battle is officially over. The California Supreme Court rejected VVM-owned SF Weekly’s appeal in its predatory pricing case with rival San Francisco Bay Guardian. VVM now has to fork over $21 million to the Bay Guardian–money it doesn’t have.
The SF Appeal has a nice link roundup of all the developments you need to catch up.
So
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