SF Weekly and SFBG Settle

No, these two “rival” SF-based weeklies didn’t get married and “settle down” like two quarreling characters in a romantic comedy who just couldn’t resist one another as they verbally jibed and flirted their way down the aisle. No, this is a different story altogether involving price gouging and $21 million lawsuits.

According to CBS News, “The Guardian filed an antitrust lawsuit against SF Weekly in 2004, accusing the paper of slashing advertising prices to drive the Guardian out of business. A San Francisco judge in 2008 ordered SF Weekly to pay $21 million to its rival.” And, finally, after a long legal battle, the two parties have settled out of court. For how much, we don’t know.

For more, go here.

Photo credit: SF Weekly