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Valentine lawsuit: a parting shot?

Dean Valentine appears to be on his way out as president and CEO of UPN after filing a multimillion-dollar breach-of-contract lawsuit against the network on Friday. The lawsuit claims that UPN reneged on an agreement to pay him as much as $22 million based on its ratings and profitability and that he is owed the money because he “has taken a failing network with a failing strategy and turned it around.” In reporting on Valentine’s suit, Broadcasting & Cable magazine observed: “Many industry observers last week were betting Valentine won’t be in the post much longer. The big question seems to be what kind of severance package he’ll get.”

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