Wednesday, May 21, 2008

Judge raises amount SF Weekly must pay

San Francisco Superior Court Judge Marla Miller on Monday raised the amount the SF Weekly must pay in damages to the Bay Guardian — from $6.3 million to $15.9 million — for undercutting its rival with below-cost ads, the Chronicle reports. Miller also put a 10-year injunction on the Weekly, barring it from selling display ads below cost. The SF Weekly, part of the Village Voice Media chain of alt-weeklies, has vowed to appeal. Its lawyers argue the Guardian lost money due to outside forces, including the dot-com bust, Craigslist and lagging reader interest. (More)

No comments: