The company that owns the San Francisco Examiner and Bay Guardian has plucked SF Weekly from what’s left of the former Village Voice Media alt weekly chain. The sale to San Francisco Newspaper Co., announced today, had been rumored for several weeks. Terms were not disclosed. It means the once bitter alt weekly rivals, whose respective former owners fought colorfully—and spitefully—for years before cashing out will now be alt weekly siblings. As part of the deal, SF Weekly will move from its offices in China Basin into offices at 225 Bush Street, where the Examiner and Bay Guardian are housed.
No word yet on layoffs, although job losses seem inevitable. Todd Vogt, president and co-owner of San Francisco Newspaper Co., which bought the Examiner before acquiring the Bay Guardian and, now, SF Weekly, announced the acquisition in an article posted to the Examiner website during the noon hour, without disclosing much. An excerpt:
“The Weekly occupies a distinctive niche in San Francisco, and we’re determined to strengthen its position. They already put out a high-quality paper, and we’re going to make it even better.”
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