"Does the U.S. Department of Justice really have so little to do it must investigate why a couple of alternatives were folded?" E&P asks in a Nov. 25 editorial. With so many media outlets in both the Los Angeles and Cleveland markets where the two alternative weekly chains closed papers to end head-to-head competition, advertisers have plenty of places to go. "It's not an argument Justice can make with a straight face," E&P concludes.
Sources tell the Los Angeles Times that federal investigators may be pursuing a legal solution that would actually re-open alternative newsweeklies in Los Angeles and Cleveland, the two cities where Village Voice Media and New Times agreed to close papers and eliminate competition. The federal anti-trust investigation is "unusually fast-paced," The Times' Tim Rutten reports. "Clearly, they've decided to move before the bodies get too cold," an anti-trust attorney tells Rutten.
Alternative newsweeklies have found myriad ways to team up with competitors for lucrative cross-promotional arrangements. Radio is perhaps the most common partner for alt-weeklies and music events the most frequent vehicle for cooperation, Ann Hinch writes for AAN News. Television and even print, however, have been mined by AAN members “to reach a broader audience and more diverse demographic.”
Saying it’s "just business," the Tribune Co. has ordered five Advocate*Weekly billing and administrative staff to move their offices into the Hartford Courant building. The Tribune Co. says the move will help consolidate different billing and other business practices. "People over here are saying that if they do this, what's … next?" Advocate*Weekly CEO Fran Zankowski tells AAN News.
The Village Voice/New Times deal that closed New Times Los Angeles and VVM's Cleveland Free Times, is another sign of an "imploding economy," Cynthia Cotts writes in The Village Voice. She suggests that when VVM's venture capitalist owners start looking to cash out they could find a buyer in a daily newspaper chain or another alternative media company.
Iconoclastic alternative weeklies are doing business like the big boys, former Washington City Paper Editor David Carr writes in the New York Times. Carr reports that New Times received $8 million from Village Voice Media to close its money-losing New Times Los Angeles. "The willingness of the two ferociously competitive chains to make a deal in their common interest could mean that the next big deal by the companies could leave only one standing," Carr writes.
Village Voice Media paid NT Media more than $1 million to close New Times Los Angeles, sources tell the Los Angeles Times. New Times paid VVM a lesser amount to shutter Cleveland Free Times, the daily reports. An anti-trust lawyer says the transaction, negotiated quietly over the past three months, "could raise rather interesting antitrust issues."
By a two-vote margin, LA Weekly's advertising and promotional staff voted not to join the union that represents editorial employees, the Los Angeles Times reports. The close vote and hard-fought campaign have opened wounds Publisher Beth Sestanovich says she wants to heal.
Preview Connecticut, a free monthly magazine, will be devoted to a first look at Connecticut arts events rather than reviews, says New Mass Media Inc. in a news release. New Mass Media also publishes four AAN-member alt-weeklies, Hartford Advocate, New Haven Advocate, Valley Advocate and Fairfield County Weekly. The glossy magazine will appear the first week of every month and will be distributed statewide.
