Santa Fe, NM â€“ Voice Media Group has engaged Dirks, Van Essen &
Murray and its subsidiary CAL DVM to explore new strategies for its publishing assets,
including the sale or acquisition of alternative publications and other digital businesses.
Dirks, Van Essen & Murray will begin by immediately considering options at the OC
Weekly, which could include the sale of the publication or a local partnership opportunity.
â€œWeâ€™re confident this will represent an extremely attractive opportunity for the right
buyer or strategic partner,â€ said VMG chief executive officer Scott Tobias. â€œWeâ€™ve been
proud to own the Weekly for the past eight years, and we know it will continue to punch
above its weight in the future.â€
Since its founding in 1995, the scrappy Weekly has won dozens of journalism awards and
established itself as the leading alternative voice in Orange County and Long Beach,
serving more than 225,000 young, active readers with the regionâ€™s hardest-hitting
investigative reporting and cultural commentary. Its irreverent and intelligent coverage
includes the syndicated â€œAsk a Mexicanâ€ column by editor Gustavo Arellano, as well as
the popular news blog â€œNavel Gazingâ€ and spirited music, food and arts reporting.
This strategic planning is part of VMGâ€™s long-range vision to fine-tune its portfolio. This
process is likely to result in the diversification of more of its holdings, which include a
fast-growing digital agency business and a national sales arm that serves 56 partner sites
and publications with weekly print distribution of 3 million and 95 million page views
â€œWe continue to evaluate all of our properties while at the same time looking at new
opportunities,â€ said Tobias. â€œWe will be making moves that fit our business plan and that
set our business up for the most success today and in the future.â€
In addition to its affiliated digital properties, VMG publishes the Village Voice in New
York, LA Weekly, Denver Westword, Miami New Times, the Houston Press, Phoenix New
Times, City Pages in Minneapolis, the Dallas Observer, the Riverfront Times in St. Louis
and New Times Broward-Palm Beach.
Tobias went on to say that all communications regarding potential changes to the VMG
portfolio will be handled by Dirks, Van Essen & Murray, who can be reached at 505-820-