The New York Times is reporting that the long-rumored deal will finally be announced on Monday. The merged company will be called Village Voice Media, and 62 percent of it will be owned by New Times' current shareholders. The Times says the merger "will undoubtedly raise questions about whether The Voice and its siblings can preserve their anti-establishment roots as part of a growing corporation." But New Times' Jim Larkin says, "I'm doing it because I love good journalism. I want to have newspapers in the most exciting markets in the country. This is not a financial play." Larkin also says he and his partners expect to buy out VVM's financial backers in five years.
The National Association of Black Journalists announced the winners of its Salute to Excellence Awards competition this weekend in Washington, D.C. The organization handed out six first-place prizes for newspapers with circulations of 150,000 or less, and every last one of them were awarded to New Times papers. Here's the complete list of NABJ award winners.
The association has collected over $106,000 in charitable contributions since the effort to raise money for Gambit Weekly employees was announced on Sept. 2. A second payment of $1,000 was wired yesterday to each of those employees, who were evacuated from their homes and left without jobs or income after Hurricane Katrina struck. Most of the money raised has come from AAN-member papers and their employees, although contributions began to trickle in last week from readers as well.
In his final column as editor of Miami New Times, Jim Mullin (pictured) touches on the "dramatic, dizzying change" that has taken place in the city since the paper debuted over eighteen years ago. Mullin says a paper like his, "with a small staff, closely reflects the personalities who produce it" and gives a shout out to all those who played a role in helping him chronicle the flux in this city that is "long on illusion and short on memory" and where "change is the only constant."
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