AAN News

Ohio 'Studying' Village Voice-New Times Mergernew

According to Cleveland's The Plain Dealer, Attorney General Jim Petro is looking for potential antitrust violations that would result from the merger. The paper quotes a senior attorney with Petro's office who said the deal "raises new concerns that combining these two publishing companies would eliminate or restrain competition between them in some markets where they operate rival newsweeklies with overlapping advertising and news coverage." (Ed.: VVM and New Times no longer operate "rival newsweeklies" in the same market.) The attorney was commenting in response to a letter complaining about the merger written by Terry Smith, the editor of AAN-member paper The Athens News.
The Plain-Dealer  |  12-19-2005  3:19 pm  |  Industry News

Los Angeles Ponders the Future of L.A. Weeklynew

Los Angeles Times staff writer Scott Martelle describes the fears and hopes for L.A. Weekly's role in the New Times-controlled Village Voice Media. He details the turbulent recent history of alt-weeklies in Los Angeles and speaks to several notable Angelenos. Local pol Jackie Goldberg, "a frequent target of New Times LA columnists" during New Times' previous residency in the city, says: "They were not just a gadfly, they were an assault vehicle." Martelle also speaks to a few current L.A. Weekly staff members, including editor Laurie Ochoa, and addresses speculation that Phoenix New Times editor Rick Barrs will replace her. (Barrs says that he hasn't been asked, but adds that he would "have mixed emotions about it.")
Los Angeles Times  |  12-14-2005  8:21 am  |  Industry News

FTC Won't Block New Times-Village Voice Mergernew

Seattle Weekly reported Monday that the federal government will not intervene in the merger of its parent company, Village Voice Media, and New Times Media, LLC. The Federal Trade Commission posted a routine notice last Wednesday listing the merger among proposed deals that neither the FTC's Bureau of Competition nor the Antitrust Division of the Department of Justice would challenge. Thus, the Weekly said, the way is clear "for the two companies to become one as soon as paperwork is complete." The Weekly also quoted an e-mail message to staff from Village Voice Media CEO David Schneiderman, in which he said, "the work on integrating the two companies will accelerate, but we will still be functioning as separate entities until the closing." The Village Voice ran its own story later in the day.
Seattle Weekly  |  11-28-2005  12:11 pm  |  Industry News

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