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SEC filingUSA TODAY Co., Inc. clarifies it has not publicly disclosed damage estimates in its Google litigation, but continues to believe Google interfered with billions in revenue.
On May 5, 2026, during an investor call, CEO Michael Reed characterized amounts as estimated damages in the Company's ongoing litigation with Google, rather than as Google's interference with revenues. The Company promptly filed this 8-K to clarify that it has not publicly disclosed, reported, or quantified any estimate of damages in connection with this litigation. However, consistent with FAQs on its website and SEC filings, the Company continues to believe that Google has interfered with billions of dollars in revenue over billions of ad auctions and anticipates very substantial damages, even before the automatic trebling provided by U.S. antitrust law. These estimations are derived from Google's own documents studying how it was harming publishers. This disclosure is significant for investors as it provides insight into the Company's stance and potential magnitude of the litigation, though no specific figures are provided. The forward-looking statements caution that actual outcomes may differ materially.