A deal that will change the Scene's
corporate parentage is to be announced today: The NY Times reports
that New Times Media is acquiring Village Voice Media, owner of the venerable New York weekly, the Scene
, and four other alternative newspapers. The merger, if cleared by antitrust regulators, will create a chain of 17 free weekly papers with a combined circulation of 1.8 million. The merged company plans to use the name Village Voice Media, but New Times is the one doing the acquiring here - its current shareholders will own almost two-thirds of stock and control a majority of board seats.