Jam wins race suit against Clear Channel.(Clear Channel Communications, JamSports and Entertainment, LLC)

Powersports Business, April, 2005

A federal jury has found that Clear Channel Communications had competed unfairly to block a competitor from promoting motorcycle races and awarded the smaller event firm more than $90 million in damages, including $73 million in punitive damages.

JamSports and Entertainment, LLC, a unit of Jam Productions, charged Clear Channel with intimidating the American Motorcycle Association (AMA) into reneging on a multi-year agreement under which JamSports was to promote Supercross events.

Clear Channel was found liable for interfering with a letter of intent that Jam had signed in November 2001 with Paradama Productions to be the tour's promoter from 2003 to 2009. Paradama is the motorcycle racing unit of the AMA.

Clear Channel was not liable in...

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