Network Firm News

Monday, April 16, 2007

SEATTLE TO REMAIN A TWO-NEWSPAPER TOWN
Thanks to the work of Corr Cronin Michelson Baumgardner & Preece, Seattle will remain a two-newspaper town through at least 2016. After four years of litigation and on the eve of a 4 week arbitration trial, The Seattle Times agreed to stop trying to put the Seattle Post Intelligencer out of business by terminating their Joint Operating Agreement. As a result Seattle will continue to enjoy two daily newspapers until at least 2016. The Seattle Times also agreed to pay the Seattle Post Intelligencer $24 million as part of the settlement agreement. Corr Cronin Michelson Baumgardner & Preece represented the Seattle Post Intelligencer and its owner, the Hearst Corporation, in this litigation.
Related Stories:
P-I, Times Settle JOA Litigation
Seattle Will Remain a Two-Newspaper Town For At Least 10 More Years
 

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