Hollywood Reporter Hit With $150M Defamation Suit

Law360, Los Angeles (February 20, 2014, 8:27 PM EST) -- Film financier David Bergstein filed a $150 million defamation suit Thursday in New York state court accusing The Hollywood Reporter of advocating for his adversary in its coverage of a bankruptcy dispute in return for special access and payments to a reporter.

The film investor claims that THR and parent company Prometheus Global Media LLC effectively acted as spokespersons for Bergstein's former business associate David Molner, the principal behind Cayman Islands mutual fund Aramid Entertainment Fund Ltd., getting a quid pro quo in the form of...
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