The group of managers that is preparing to buy the Village Voice chain of newspapers is dropping the chain’s controversial ad site Backpage.com, which has been linked to the illegal sex trade.
Scott Tobias, the COO of Village Voice Media Holdings LLC, is set to become the new chief executive and told The Associated Press that Backpage.com will be left behind because of the controversy surrounding it. He called it a “distraction, there’s no doubt about it.”
Jim Larkin and Michael Lacey, who currently own the Phoenix-based newspaper chain, will keep ownership of Backpage.com.
“This is about two businesses moving forward,” Tobias added...