It’s over. After 15 years, the (last) great print newspaper war has ended and the winner is, the internet? In case you missed our earlier coverage, the Phoenix New Times‘ parent company, Village Voice Media, has finally settled a crazy-ugly lawsuit in San Francisco that ended with this Phoenix-based media company being slapped with a $21 million fine!
Tag: Bay Guardian
Two weeks ago we reported on the New Times‘ $22 million death feud with a rival publication. (Long story short, the NT‘s parent company was found guilty of using “predatory pricing” to try to bury a competitor to its SF Weekly, and now owes more than $22M and counting in fines and legal fees.)
It’s a surreal story about two print dinosaurs battling it out for the domination of the same city that’s worked tirelessly (and successfully) to make them completely irrelevant, thanks to this little thing called the Internets. And now the original print dinosaur, the NY Times is weighing in.
Crazy news coming out of California yesterday as the Phoenix New Times‘ parent company lost its appeal of a $21,000,000 fine. Yes, you read that correctly. So who or what succesfully sued the NT, and is Sheriff Joe popping Champagne as you read? Answers to at least one of those questions after the jump.