Village Voice Media Redux Redux

We noted last month that Village Voice Media, erstwhile owner of The Pitch, was set to be sold off for a six-pack and a pizza. According to Forbes that just happened:

The Village Voice is changing hands again. The free downtown paper and the 12 other alternative weeklies that make up Village Voice Media have been acquired in a private equity-backed management buyout led by chief operating officer Scott Tobias. Financial terms of the deal were not disclosed, nor was the identity of the backer.

Now watch: Tobias and company will engineer a turn-around, complete with pay raises, new hirings and unicorn rainbow farts for everyone! 1

WNBTv - Good TV!

Show 1 footnote

  1. The jackasses in Arizona are keeping BackPage.com; one needs one’s hos to live on, right?

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