Audio By Carbonatix
Keep Dallas Observer Free
We’re aiming to raise $10,000 by April 26. Your support ensures Dallas Observer can continue watching out for you and our community. No paywall. Always accessible. Daily online and weekly in print.
Seven years ago, Lyons Partnership — the Allen-based company best known for feeding and bathing Barney — paid the dino’s creator, Plano’s Sheryl Leach — some $65 million as a “contract termination payment” when HIT Entertainment took the leash. Only, says the Internal Revenue Service now, that lump-sum payment wasn’t kosher, and it’s filed a federal lawsuit against Lyons Partnership to prove it. Reports Forbes, the IRS says now that payment should have been spread out in smaller payments over several years. Which the delightfully litigious Lyons Partnership disputes. Though there’s still one thing we can all agree on: Barney is the devil. –Robert Wilonsky
