Village Voice Owner Splits Up
A group of executives from Village Voice Media Holdings LLC are buying its chain of 13 alternative newspapers, including the Voice, in a deal that separates the iconic titles from the company’s controversial online classified company, Backpage.com.
The papers, which also include LA Weekly, SF Weekly and Phoenix New Times, will become part of a new, Denver-based publishing company named Voice Media Group that is majority-owned by Scott Tobias, formerly the president and chief operating officer of Village Voice Media. Mr. Tobias, who will become the new company’s chief executive, will share ownership with a group of executives from Village Voice Media Holdings also moving to the new company. Terms of the deal weren’t disclosed.
