Posted on 03/05/2008 3:09:31 PM PST by SmithL
SAN FRANCISCO - -- A San Francisco jury awarded up to $15 million in damages today to the Bay Guardian alternative weekly newspaper, to be paid by its competitor, SF Weekly, for unfair business practices.
The superior court jury agreed with Guardian Publisher Bruce Brugmann's claims that SF Weekly purposely undercut the Guardian with below-cost display ad rates, then used infusions from its Phoenix-based parent company, Village Voice Media, to stay afloat.
(Excerpt) Read more at sfgate.com ...
fyi
I wonder what “below cost” means, especially for a free, Socialist rag like The Guardian.
I’d be willing to bet that their ad costs have gone up 85% in the last 5 years, just as most print media has.
Why does the left in the Bay Area dislike the SFWeekly so much?
-ccm
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