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'Bay Guardian' Awarded Half of 'SF Weekly' Ad Revs

A court just ruled that the San Francisco Bay Guardian is entitled to half the advertising revenue of the rival SF Weekly to help collect $21 million in damages after a jury verdict of illegal price-cutting, a Superior Court commissioner ruled Tuesday. The order would give the Guardian its first substantial payment on the March 2008 verdict.

The ad revenue would be "a very significant" amount, as much as $200,000 a month, said Jay Adkisson, a Guardian lawyer. The SF Weekly's parent company, Village Voice Media Holdings, will ask a state appeals court to overturn the ruling. The VVM chain's 14 publications include the Village Voice and the LA Weekly.

Read the whole story at San Francisco Chronicle »

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