Eulogy For the Alt-Weekly
Belief:
Christian Story of Jesus's Birth Is a Myth Born of Politics
Rev. Howard Bess
Corporate Accountability and WorkPlace:
Obama's Mortgage Program: FAIL?
Paul Kiel
DrugReporter:
We Can't Let Politics Keep Trumping Science on Drug Policy
Beth Schwartzapfel
Environment:
Copenhagen: Historic Failure That Will Live in Infamy
Joss Garman
Food:
Corporations (and Sarah Palin) Are Cyborgs Sent to Scuttle the Fight Against Climate Change
Rebecca Solnit
Health and Wellness:
How Real Health Reform Was Killed by Politicians Trying to Look 'Moderate'
James Ridgeway
Immigration:
Greyhound Lines Inc. Accused of Racial Profiling
Seth Hoy
Media and Technology:
Moyers, Moore and Maddow are the Most Influential Progressives
Don Hazen
Movie Mix:
James Cameron's Wizardry in 'Avatar' Movie Demands Being Witnessed on the Big Screen
Wajahat Ali
Politics:
Top 10 Ethics Scandals of 2009
CREW Staff
Reproductive Justice and Gender:
Men: Invisible Allies in the Struggle for Choice
Claire Keyes
Rights and Liberties:
The Torture of Two Innocent Men Who Just Left Guantanamo
Andy Worthington
Sex and Relationships:
Sexy Mormons, the Joy of Vibrators and Sticking it to Puritans: 10 of Liz Langley's Best Pieces
AlterNet Staff
Take Action:
G-20 Meetings: Nothing Much Happened in the Suites, and There Was Too Much Punch in the Streets
Laura Flanders
Water:
NASA Report Highlights Need to Retire Drainage Impaired Land in California
Dan Bacher
World:
War Vet: I Served 40 Months in Iraq, After Which I Didn't Want to Go Back Home
Anonymous
At just after midnight on Monday, October 24, the Village Voice announced that its parent company, Village Voice Media, will merge with the New Times.
That means that competition in the "alternative weekly" sector has been all but eliminated. The New Times is adding magazines like the Los Angeles Weekly, City Pages, and Seattle Weekly to its list, and will command 25 percent of the market.
It is now the Clear Channel of alt-weeklies.
There is no longer anything "alternative" about the alternative. The long goodbye to an oppositional politics and aesthetics begins now.
This deal was first reported as more than a rumor in the San Francisco Bay Guardian over a month ago. The BG reported that the New Times would take a 62 percent stake in a new LLC while Village Voice Media would take 38 percent. A plurality, if not a majority, of the new LLC board would be venture capitalists.
The New York Times confirmed the details of this arrangement. It also cited New Times CEO James Larkin as saying that they expect to buy out the VCs in 5 years. Apparently, the new company will be called Village Voice Media, but clearly the Voice will be changing to become more like the New Times, not the other way around.
Current union contracts with the Voice would be honored -- and that, friends, is another story in itself. But others would likely be dealt with nastily. Earlier this year, there was a bruising battle at Cooper Square over union givebacks that resulted in small concessions from union members, and deep cuts in rates to freelancers.
This is no small matter -- the Voice once paid the best rates in the industry. By contrast, New Times freelancers received much less, and largely remained a point of entry for new writers. This merger is likely to push freelancer rates even lower, as NT execs ask editors why they are paying so much for mere "content". Writers, after all, are worth much less than a dime a dozen.
In the meantime, David Schneiderman, the man who sold the Voice, is reportedly ready to receive a cool half mill as a bonus to close the merger deal, and will become the VP of online operations.
Peter Scholtes at the City Pages sounds an ominous note on the future of the merger:
"…the first business decision of the long-rumored new company, which now owns City Pages? Feed the scoop to the New York Times, not its own reporters. So much for our vaunted "online efforts…"From the point of view of the principals, the NT/VVM merger is the next logical step in rationalizing the industry.
Jeff Chang is the author of Can't Stop Won't Stop: A History of the Hip-Hop Generation. This essay originally appeared on his blog.
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