|
|
Article: Fox News Network and TheStreet.com Settle Lawsuit.
- Article from:
- PR Newswire
- Article date:
- October 6, 2000
CopyrightCOPYRIGHT 2000 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
|
NEW YORK, Oct. 6 /PRNewswire/ --
Fox News Network, L.L.C. and TheStreet.com, Inc. (Nasdaq: TSCM) announced today that they had settled the lawsuit Fox News commenced against TheStreet.com concerning TheStreet.com television program that ran on the Fox News Channel.
As part of the monetary portion of the settlement, Fox News has agreed to allow TheStreet.com to direct $10,000 to the Eric Breindel Foundation in the name of Fox News where the resources will be directed to a positive cause. As part of the settlement, TheStreet.com has agreed that prior to May 1, 2001, it will not produce a television program similar to the program that ran on the Fox News ...