News Corp and theStreet.com Fight it Out
from the in-public dept
Last week, TheStreet.com announced they were cancelling their television show on News Corp’s Fox News. I received the announcement and they made it sound as if News Corp were holding them back. However, as more details come out, it gets much more complex. It seems that News Corp publicly reprimanded Jim Cramer for hyping TheStreet.com’s stock on the show. In response, TheStreet (though not happy with Cramer) pulled the show in support. Now, however, News Corp is fighting back and suing TheStreet.com for breaking their contract. Aren’t public battles fun?
