Source Settles with Hudson News
Agreement ends wholesaler’s lawsuit against the distributor.
Source Interlink has come to another agreement in its antitrust case, this time with Hudson News, effectively ending its suit against the distributor.
Last month Source filed a lawsuit in New York federal court alleging that the defendants “conspired” to force the company to sell its distribution business at a steep discount to rivals Hudson News and News Group. The court awarded Source a temporary restraining order prohibiting publishers and national distributors from denying shipments to its magazine distribution business.
So far, Source has come to similar agreements with Time Inc., Time Warner Retail, News Group, American Media Inc. and its distribution unit Distribution Services Inc.
Other defendants named in the case are Bauer, Curtis, Hachette and Kable Distribution.
Earlier this month, fellow wholesaler Anderson News, which went out of business in February, filed its own antitrust lawsuit against many of the same publishers and distributors.