{"id":10005,"date":"2018-04-06T00:00:00","date_gmt":"2019-10-15T18:19:04","guid":{"rendered":"https:\/\/ftllp.net\/?p=10005"},"modified":"2024-11-05T12:30:17","modified_gmt":"2024-11-05T20:30:17","slug":"studio71-files-5-5-million-lawsuit-against-learning-app-startup","status":"publish","type":"post","link":"https:\/\/dev.creativespikedigital.com\/lftc\/news\/entertainment\/studio71-files-5-5-million-lawsuit-against-learning-app-startup\/","title":{"rendered":"Studio71 Files $5.5 Million Lawsuit Against Learning App Startup"},"content":{"rendered":"\n<p><strong>Studio71<\/strong>&nbsp;has filed a $5.5 million lawsuit against a San Francisco app startup that aims to teach English to Chinese millennials.<\/p>\n\n\n\n<p>The app, called\u00a0<strong>Lyngo<\/strong>\u00a0\u2014 which is developed by parent company\u00a0<strong>Say Say K<\/strong>\u00a0(SSK) \u2014 contracted to pay the digital network $5.5 million for content to power Lyngo,\u00a0<a rel=\"noreferrer noopener\" href=\"http:\/\/deadline.com\/2018\/04\/digital-media-company-studio71-sues-mobile-app-startup-seeking-5-5-million-dollars-1202359439\/\" target=\"_blank\"><em>Deadline<\/em>\u00a0reports<\/a>, but never coughed up the money after two months of protracting excuses. \u201cSay Say K had no intention to pay under the agreement with Studio71, and for that, it will endure a painful legal result,\u201d <a href=\"https:\/\/dev.creativespikedigital.com\/lftc\/attorneys\/bryan-j-freedman\/\">Studio71\u2019s lawyer,\u00a0<\/a><strong><a href=\"https:\/\/ftllp.net\/attorneys\/bryan-j-freedman\/\">Bryan Freedman<\/a><\/strong>, told the outlet.<\/p>\n\n\n\n<p>According to the suit, SSK signed a deal with Studio71 that would have given it exclusive rights to the network\u2019s content across China.&nbsp;The Lyngo app would utilize this programming by showing students videos and quizzing them on their observations.<\/p>\n\n\n\n<p>Following negotiations last fall, the two parties inked an agreement in December for $5.5 million, which SSK agreed to pay over the course of nine installments. When the first $1.1 million deposit never arrived on Jan. 1, SSK blamed the delay on a traveling board member. And then, after agreeing to a new due date of Jan. 17, the company failed to deliver for the second time, alleging that its wire transfer had been stalled by an audit issue at&nbsp;<strong>Wells Fargo<\/strong>,&nbsp;<em>Deadline<\/em>&nbsp;reports.<\/p>\n\n\n\n<p>Finally, on Jan. 26, SSK invoked a clause in the contract to suspend the arrangement, citing unanticipated regulations by the Chinese government, which it said disapproved of Studio71\u2019s content. When Studio71 followed up, asking which regulators had deemed its content inappropriate, SSK didn\u2019t respond \u2014 leading the network to file its breach of contract suit. Studio71 also claims that SSK\u2019s actions caused it to mislead creators about incorporating their content onto Lyngo, and resulted in it missing out on other potential deals in China.<\/p>\n\n\n\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Studio71&nbsp;has filed a $5.5 million lawsuit against a San Francisco app startup that aims to teach English to Chinese millennials. The app, called\u00a0Lyngo\u00a0\u2014 which is developed by parent company\u00a0Say Say K\u00a0(SSK) \u2014 contracted to pay the digital network $5.5 million for content to power Lyngo,\u00a0Deadline\u00a0reports, but never coughed up the money after two months of [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":11995,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[104,100,678,679,680],"tags":[681,682,683],"class_list":["post-10005","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-bryan-j-freedman","category-entertainment","category-say-say-k","category-studio71","category-tubefilter-com","tag-lyngo","tag-ssk","tag-wells-fargo"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v22.7 (Yoast SEO v23.7) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Studio71 Files $5.5 Million Lawsuit Against Learning App Startup - Liner Freedman Taitelman + Cooley LLP<\/title>\n<meta name=\"robots\" content=\"noindex, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Studio71 Files $5.5 Million Lawsuit Against Learning App Startup\" \/>\n<meta property=\"og:description\" content=\"Studio71&nbsp;has filed a $5.5 million lawsuit against a San Francisco app startup that aims to teach English to Chinese millennials. The app, called\u00a0Lyngo\u00a0\u2014 which is developed by parent company\u00a0Say Say K\u00a0(SSK) \u2014 contracted to pay the digital network $5.5 million for content to power Lyngo,\u00a0Deadline\u00a0reports, but never coughed up the money after two months of [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/dev.creativespikedigital.com\/lftc\/news\/entertainment\/studio71-files-5-5-million-lawsuit-against-learning-app-startup\/\" \/>\n<meta property=\"og:site_name\" content=\"Liner Freedman Taitelman + Cooley LLP\" \/>\n<meta property=\"article:published_time\" content=\"2019-10-15T18:19:04+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-11-05T20:30:17+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/dev.creativespikedigital.com\/lftc\/wp-content\/uploads\/2018\/04\/studio71-web.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1500\" \/>\n\t<meta property=\"og:image:height\" content=\"882\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"lftc\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"lftc\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/dev.creativespikedigital.com\/lftc\/news\/entertainment\/studio71-files-5-5-million-lawsuit-against-learning-app-startup\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/dev.creativespikedigital.com\/lftc\/news\/entertainment\/studio71-files-5-5-million-lawsuit-against-learning-app-startup\/\"},\"author\":{\"name\":\"lftc\",\"@id\":\"https:\/\/dev.creativespikedigital.com\/lftc\/#\/schema\/person\/12344f9fda75728f8a6a32e25118320a\"},\"headline\":\"Studio71 Files $5.5 Million Lawsuit Against Learning App Startup\",\"datePublished\":\"2019-10-15T18:19:04+00:00\",\"dateModified\":\"2024-11-05T20:30:17+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/dev.creativespikedigital.com\/lftc\/news\/entertainment\/studio71-files-5-5-million-lawsuit-against-learning-app-startup\/\"},\"wordCount\":310,\"publisher\":{\"@id\":\"https:\/\/dev.creativespikedigital.com\/lftc\/#organization\"},\"image\":{\"@id\":\"https:\/\/dev.creativespikedigital.com\/lftc\/news\/entertainment\/studio71-files-5-5-million-lawsuit-against-learning-app-startup\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/dev.creativespikedigital.com\/lftc\/wp-content\/uploads\/2018\/04\/studio71-web.jpg\",\"keywords\":[\"Lyngo\",\"SSK\",\"Wells Fargo\"],\"articleSection\":[\"Bryan Freedman\",\"Entertainment\",\"Say Say K\",\"Studio71\",\"Tubefilter.com\"],\"inLanguage\":\"en\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/dev.creativespikedigital.com\/lftc\/news\/entertainment\/studio71-files-5-5-million-lawsuit-against-learning-app-startup\/\",\"url\":\"https:\/\/dev.creativespikedigital.com\/lftc\/news\/entertainment\/studio71-files-5-5-million-lawsuit-against-learning-app-startup\/\",\"name\":\"Studio71 Files $5.5 Million Lawsuit Against Learning App Startup - 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