---
schema_version: "secwatch.filing_event.v1"
accession: "0001579684-26-000037"
form_type: "8-K"
ticker: "TDAY"
cik: "0001579684"
company_name: "USA TODAY Co., Inc."
filed_at: "2026-05-12T12:36:07+00:00"
generated_at: "2026-05-12T12:44:20.880866+00:00"
event_type: "litigation"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# USA Today CEO misstates Google litigation damages; company corrects, reaffirms claim of billions in lost revenue

## Summary
- CEO Michael Reed on May 5 investor call characterized amounts as estimated damages in Google litigation.
- Company clarifies it has not publicly quantified any damage estimate for the Google case.
- USA Today maintains Google interfered with billions of dollars in revenue over billions of ad auctions.
- Company expects very substantial damages, including automatic treble damages under antitrust law.
- Damage estimates are based on Google's own internal documents studying harm to publishers.

## SEC filing metadata
- accession: 0001579684-26-000037
- form_type: 8-K
- ticker: TDAY
- cik: 0001579684
- company_name: USA TODAY Co., Inc.
- filed_at: 2026-05-12T12:36:07+00:00
- event_type: litigation
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 7.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1579684/000157968426000037/0001579684-26-000037-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1579684/000157968426000037/tday-20260505.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001579684-26-000037
- JSON: https://secwatch.observer/filing/0001579684-26-000037.json
- Plain text: https://secwatch.observer/filing/0001579684-26-000037.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.