In a conversation with AAN, VVM Executive Vice President Scott Spear addressed the use of lawsuits in order to protect the company's registered trademarks.
Eastbay Express Publishing LP, an entity controlled by former Express owner Village Voice Media, has reached a settlement with two of the paper's current owners to settle a suit VVM filed earlier this year. The suit alleged that Hal Brody and Express editor Stephen Buel still owed VVM $500,000 under the terms of the 2007 deal in which the paper was sold. Brody and VVM executive vice president Scott Spear say the parties have resolved that dispute and all other issues raised by the two parties in connection with the transaction. "We are pleased to have been able to reach an agreement satisfactory to both parties," Brody says in a statement. "It puts aside this distraction so we can all concentrate on running our daily business."
In a Jan. 31 press release, Scott Spear, senior vice president of Village Voice Media, announced that the merger has closed. The merger plans of New Times Media, LLC, and Village Voice Media were first announced on Oct. 23, 2005; in late November, the Department of Justice declared that it would not block the merger.
