The Madavor and BeBop saga has seemingly ended, thanks to a new settlement between Madavor's prior owner, Zilpin Group LLC, and the BeBop Channel Corporation. The settlement returns all BeBop-owned properties to Zilpin Group, LLC and cancels outstanding liabilities.
The BeBop Channel has filed a lawsuit in Massachusetts against Ziplin Group, LLP and its owner, Jeffrey Wolk, over BeBop's acquisition of Madavor Media early last year.
Last week, the BeBop Corporation, the owners of Madavor Media, filed a lawsuit against online rental studio platform Giggster for $25 million, alleging breach of contract and fraud over the sale of Madavor Media's photo properties, including Outdoor Photographer and Imaging Resource.