In this week's SF Weekly, New Times Media executive editor Michael Lacey (pictured) responds to a recent report in the San Francisco Bay Guardian about merger talks between his company and Village Voice Media. Lacey takes aim at Guardian publisher Bruce Brugmann, calling the report "his latest salvo against New Times" and calling Brugmann himself much worse.
AAN's non-profit foundation on Tuesday deposited $37,865 in tax-deductible contributions it received from members who had pledged donations on Friday and were so anxious to assist displaced Gambit Weekly employees they Fed Ex'ed checks and called in with credit cards. Included in the deposit were ten individual contributions, ranging from $25 to $500, from Village Voice Media and New Times employees participating in their companies' matching-funds program.
AAN announced today that it had established a multi-pronged effort to provide immediate relief to employees of its New Orleans-based member paper who have been displaced by Hurricane Katrina. The centerpiece of the effort is a special fund that the association has established in its Alternative Newsweekly Foundation to accept charitable contributions from members who want to provide immediate assistance to Gambit Weekly employees. Several AAN-member companies have already announced significant contributions to the fund.
Executive editor Tim Redmond says his paper has obtained documents that "include a May 27, 2005, draft of a merger agreement between Village Voice Media and New Times." According to Redmond, "the draft calls for the creation of a new company controlled by a nine-member board," with New Times owning 62 percent of the new venture and controlling five board seats, and VVM retaining the rest. New Times owns 11 AAN papers and VVM owns six.
Construction of a light rail in downtown Phoenix, where the event has taken place for the past 29 years, forced the move. This year's race -- expected to attract about 10,000 participants -- will be run through Tempe, where the alt-weekly chain has held its annual Music Showcase for the past decade.
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