Newspaper Wars In Las Vegas

From the LVRJ:
The publisher and editor of the Las Vegas Sun filed a lawsuit in U.S. District Court on Tuesday alleging his own family members conspired with Stephens Media, operators of the Las Vegas Review-Journal, to end a Joint Operating Agreement that has been in place for 24 years and governs publication of the two newspapers.
In a separate motion, attorneys for Brian Greenspun are seeking a temporary restraining order and injunction to set aside several votes that took place on Aug. 7 during a special meeting of Greenspun family members, who are Las Vegas Sun stockholders and the directors of Greenspun Media.
Court documents stated that negotiations between Stephens Media and the Greenspun family have been taking place since early summer.
According to the lawsuit, Greenspun Media directors voted 3-1 during the special meeting to accept ownership of the URL, lasvegas.com. The website, which is currently owned by Stephens Media, is leased to a company owned by Greenspun Media. The URL is currently being used by the Las Vegas Convention and Visitors Authority.
At the same meeting, stockholders of the Las Vegas Sun voted to end the Joint Operating Agreement.
The move could effectively end the print edition of the of the Las Vegas Sun, although the Greenspuns could attempt to print the newspaper on their own. The Greenspuns would still control the LasVegasSun.com website.
Brian Greenspun voted against both moves.
His sisters, Susan Greenspun Fine and Janie Greenspun Gale, along with his brother Danny Greenspun, supported the motions.
In a letter of intent dated Monday between Stephens Media and Greenspun Media Group CEO Paul Hamilton, the Joint Operating Agreement would be terminated for a cost of $10 and the website URL would be transferred to the Greenspuns. Stephens Media would pay each Greenspun sibling $70,000 as a closing price.  http://www.reviewjournal.com/news/crime-courts/las-vegas-sun-publisher-sues-alleges-family-conspired-stephens-media
Wow, only $70,000 is what the Sun is basically worth?
It really doesn't make much of a difference if the Sun is no longer printed because they have no advertising and like most liberals, they have to rely on a conservatives to get through life.