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September 24, 2012 08:00 am GMT

Village Voice Media Execs Acquire The Companys 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.

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