Monday, May 27, 2024 May 27, 2024
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THE OBSERVER’S NEW OWNER WILL LIKELY BE ITS OLD OWNER

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A Village Voice shareholder privy to the negotiations between Village Voice and New Times, parent company of our own dearly beloved if sometimes utterly boring Dallas Observer, tells me that the deal will go through. However, he told me his hope is that the Phoenix-based New Times management will end up in control. Once again, he’s on the Village Voice side, but his assessment is:

“The Village Voice people in New York are complete idiots. New Times knows what it is doing. We need them more than they need us.”

I’ve seen what New York types can do to local publications–American Express ran D Magazine into the ground, don’t forget–so I understand where he’s coming from.

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