Court: Bay Guardian Gets Half of SF Weekly's Ad Revenue
By AAN Staff
march 10, 2010 08:17 am
A Superior Court commissioner has ruled the
San Francisco Bay Guardian is entitled to half the advertising revenue of the
SF Weekly to help collect $21 million in damages after a 2008 jury verdict of illegal price-cutting.
Guardian attorney Jay Adkisson says the ad revenue would be "a very significant" amount -- potentially as much as $200,000 a month. Meanwhile, the
Weekly's parent company, Village Voice Media Holdings (VVMH), will ask a state appeals court to overturn the ruling. VVMH executive associate editor Andy Van De Voorde says the
Weekly will stay in business regardless. The
Weekly is also currently in the midst of a separate appeal of the verdict.
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