Last updated: February 21, 2008 - 6:59am
MORE ON REILLY/MEDIANEWS/HEARST SETTLEMENT
[SOURCE: Editor&Publisher, AUTHOR: Mark Fitzgerald and Jennifer Saba]
The dust refuses to settle on last week's settlement between San Francisco Bay Area businessmen Clint Reilly and local newspaper owners MediaNews and Hearst. On Friday, MediaNews Group President Jody Lodovic accused Reilly attorney Joe Alioto of misrepresenting terms of the settlement -- and said the Denver-based chain was "strongly considering" suing him for breaching confidentiality terms of the agreement. In reply, Alioto said -- to paraphrase -- 'bring it on.' On Saturday, Alioto repeated his argument that the settlement was key to the survival of the smaller area papers. The original goal of the lawsuit was to unwind the sales and trades among The McClatchy Co., Hearst and MediaNews that gave MediaNews ownership of two big former Knight Ridder Bay Area dailies, the San Jose Mercury News and the Contra Costa Times. Joining those two papers with other MediaNews Bay Area dailies was fundamental to keeping the smaller papers competitive, Alioto said.
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- S.F. Judge Blocks Hearst/MediaNews Collaboration
- Judge Issues Restraining Order in Bay Area Newspaper Sale
- Newspapers seek to rebut lawsuit over sale of Mercury News
- McClatchy/MediaNews Deal Clears Court Hurdle
- Barons back off newspaper trial
- Surprise! McClatchy Makes Top Bid for Knight Ridder
- Judge: I'm Not Inclined To Block McClatchy's Bay Area Deal
- McClatchy Completes Sale of 12 Orphan Knight Ridder Papers
- Is Hometown Ownership Really the Next Big Thing?
- Bay Area Democrats want closer look at MediaNews Deal
- McClatchy Sells 5 KR Papers -- To 4 Companies
- Feds ask More Time to Look at Sale of Four KR Papers
- Tribune Selling 2 Papers to Hearst -- With MediaNews Running Them