Dow Jones, publisher of the The Wall Street Journal, Barron’s, Investor’s Business Daily and other publications, has filed a massive breach-of-contract lawsuit against Cision, a PR and media-monitoring service.
In 2023, the firms signed an eight-year deal giving Cision “exclusive rights to distribute Dow Jones Information (comprising both Dow Jones Proprietary Content and a subset of licensed content within Factiva) in the public relations and corporate communications market,” according to a draft of the complaint.
Dow Jones was to be paid $173,624,000 over the eight-years period.
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