• Gannett and USA Today have been
hit with a lawsuit from Vivera Pharmaceuticals. The suit calls for damages of
more than $500 million and alleges defamation, trade libel and intentional and
negligent interference with prospective economic advantage, says a news release
from California-based Vivera. The suit involves a June 2 USA Today article
titled “You could see the train wreck coming': Inexperienced, dubious companies
among many aiming to cash in on coronavirus antibody tests.”
• The U.S. ad market fell sharply in May,
dropping 31% from the same month a year ago, according to data from the U.S. Ad
Market Tracker, a collaboration
of MediaPost and Standard Media Index. The May numbers come on the heels of a
35% decline in April and an 11% decline in March.
• Nearly
150 are being cut in Ponderay Newsprint’s shuttering. Washington ’s Employment Security Department has verified
that the Ponderay Newsprint paper mill in Usk ,
Washington , is closing and
cutting 148 employees, the Spokesman-Review reported. Ponderay is a partnership between
Lake Superior Forest Products, a subsidiary of Canada-based Resolute Forest Products,
and five major U.S.
publishers, says the Ponderay website. The mill produces newsprint for
publishers along the West Coast and in the Midwestern U.S. and exports to
markets in Asia and South America . The mill
opened in 1989.
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