(note: looks like, based on who's staying CEO, NM basically bought out VVM)

New Times Chief Executive Officer Jim Larkin will be CEO of the new company, and New Times Executive Editor Michael Lacey will be executive editor of the combined operation. Village Voice CEO David Schneiderman will be president of Village Voice Digital.

...

Village Voice Media will have papers and Web sites in New York, Los Angeles, San Francisco, Phoenix, Denver, Houston, Dallas, Miami, Seattle, St. Louis, Orange County (Calif.), Minneapolis, Cleveland, Kansas City, Nashville, the East Bay (including Oakland and Berkeley, Calif.), and the Ft. Lauderdale/West Palm Beach, Fla., area.

(note: want real NYC alt. media?? check out the latest Indypendent!!)
 http://nyc.indymedia.org/media/2005/10/58823.pdf