Tuesday, September 25, 2012

Village Voice Media Execs Acquire The Company?s Famed Alt Weeklies, Form New Holding Company

VMG-FINAL-2012A group of long-running alternative weekly newspapers is changing hands. Village Voice Media Holdings ? whose titles include the LA Weekly, Westword, and, yes, the Village Voice ? is selling its publications (and their associated web properties) to a new holding company, the similarly named Voice Media Group. The financial terms are not being disclosed. The deal includes all 13 of VVMH's alt-weeklies, but not the online classified site Backpage.com, which will operate as its own company.

Source: http://feedproxy.google.com/~r/Techcrunch/~3/Hq0iDHmkHcw/

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