Saturday, May 11, 2013

TheWrap.com - Entertainment Industry Analysis, Breaking Hollywood News: Jay Penske Sues Former Variety Owner Reed Elsevier for $10 Million

TheWrap.com - Entertainment Industry Analysis, Breaking Hollywood News
Jay Penske Sues Former Variety Owner Reed Elsevier for $10 Million
May 11th 2013, 00:46

The pile of lawsuits on Jay Penske's desk just gets higher and higher.

After being sued and countersuing a marketing company over a joint venture last week, the new Variety owner has now sued the former owners of Variety, Reed Elsevier and Reed Business Information for $10 million over alleged breach of contract.

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