Village Voice Media and New Times Media to Merge

Posted on October 28, 2005

Village Voice Media and New Times Media, the nation's leading alternative media companies, have announced a definitive agreement to merge. The new company will be called Village Voice Media. New Times chief executive officer Jim Larkin will be CEO of the new company, and New Times executive editor Michael Lacey will be executive editor of the combined operation. Village Voice CEO David Schneiderman will be President of Village Voice Digital. Pending federal regulatory approval, the New Times/Voice merger is expected to be completed by early 2006.

"Together, New Times and Village Voice Media create a truly national media company with highly desirable demographics, geographic diversity and a unique print and Internet platform that is poised for tremendous growth," said Larkin. "Alternative publications today, particularly those owned by New Times and the Village Voice, have become the definitive voices for ideas and information for young, progressive readers."

Village Voice Media will have a combined weekly audited circulation of 1.8 million papers and 4.3 million readers weekly when the merger is completed. Village Voice papers will join New Times' national advertising sales agency Ruxton Media Group. Ruxton will represent 35 weekly alternative publications from coast to coast with audited circulations of 3.1 million weekly.

Village Voice Media will have papers and websites in New York, Los Angeles, San Francisco, Phoenix, Denver, Houston, Dallas, Miami, Seattle, St. Louis, Orange County, Minneapolis, Cleveland, Kansas City, Nashville, the East Bay including Oakland and Berkeley, and the Ft. Lauderdale/West Palm Beach area.

The Village Voice, which now owns five papers in addition to its New York City flagship, was founded in 1955 by Dan Wolf, Ed Fancher and novelist Norman Mailer. New Times, which has eleven newspapers, was founded in 1970 by Lacey and others at Arizona State University.



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