Media Seattle Weekly’s Corporate Parent Fined $15.6 Million for Predatory Pricing
posted by March 5 at 15:08 PMon
Village Voice Media, the chain that owns Seattle Weekly, lost a decision in San Francisco court today. VVM’s San Francisco edition, The San Francisco Weekly, got dinged for $15.6 million in a predatory pricing suit filed by local independent weekly The Bay Guardian, according to the Association of Alternative News Weeklies.
Predatory pricing—selling ads below cost with the goal of putting your competition out of business—is typically something alt weeklies cover, not something they get caught and fined for.