Network Firm News

Wednesday, April 30, 2003

Corr Cronin Representing Hearst Corporation in Suit by Seattle Post-Intelligencer against Seatle Times
New York Times -- April 28

The Seattle Post-Intelligencer and its parent company, the Hearst Corporation, filed suit in Seattle against the Seattle Times Company, hoping to block any attempt by The Times to dissolve a 20-year-old joint operating arrangement between the papers.

On Saturday, The Times announced that after three years of losses it had been trying, without success, to modify the agreement that the papers use to share advertising, circulation and production costs. Under the current profit-sharing agreement, The Times receives 60 percent of what remains after common expenses; The Post-Intelligencer receives 40 percent.

Network member law firm Corr Cronin represents Hearst Corporation in that lawsuit.

Additional Coverage -- Seattle Post-Intelligencer, Associated Press.

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