Associated Press Sues Syndication Service
Claims 'video snacking' company Grab owes $3M
Online “video snacking” syndication company, Grab Networks, is suffering a case of indigestion over a $3 million bill from the Associated Press that’s been left unpaid for nearly two years, according to a federal lawsuit.
The wire service claims that Grab, a Virginia-based company, refuses to pay for Web video that they've posted over the last five years.
Under a contract with AP subsidiary, the Press Association, Grab was supposed to pay a thousand dollars a month to host clips like “A Day in History” and NBA basketball highlights, among others.
The contract was originally signed by Voxant, a news video website that was absorbed by Grab Networks in a 2008 merger.
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