Houston Press parent company to merge with competitor
Houston Business Journal
New Times Media, a company that owns alternative weekly Houston Press, will merge with Village Voice Media, a publisher of the Village Voice and its five sister publications.
Terms of the deal were not disclosed.
The combined company will have 17 weekly publications with a combined circulation of 1.8 million.
New Times Chief Executive Jim Larkin will run the new company, to be called Village Voice Media, and New Times executive editor Michael Lacey will be executive editor.
Village Voice CEO David Schneiderman will oversee online operations.
Village Voice Media will have papers and Web sites in New York; Los Angeles; San Francisco; Phoenix; Denver; Houston; Dallas; Miami; Seattle; St. Louis; Orange County, Calif.; Minneapolis; Cleveland; Kansas City; Nashville, Tenn.; the East Bay including Oakland and Berkeley, Calif.; and the Ft. Lauderdale/West Palm Beach, Fla., area.
The Village Voice, with a free circulation of about 250,000, was founded in New York 1955 by Dan Wolf, Ed Fancher and the novelist Norman Mailer, and has been owned at various times by magazine industry veteran Clay Felker; Rupert Murdoch's News Corp. and businessman Leonard Stern.
Phoenix-based New Times, which was founded in 1970 by Lacey and others at Arizona State University, acquired the Houston Press in 1993.
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