VPM acquires Style Weekly
VPM Media Corporation, the parent company of VPM, Virginia’s home for public media, today announced that it has acquired Style Weekly, known as Richmond’s alternative for news, arts, culture and opinion.
Driven by a shared commitment to local storytelling that reflects the interests of the public, the acquisition deepens VPM’s arts and culture coverage and expands its digital footprint to include StyleWeekly.com and Style Weekly’s social media properties.
In the coming weeks, VPM plans to resume publication of arts and culture feature stories and the calendar of events on StyleWeekly.com and its Facebook, Instagram and Twitter channels as it evaluates the future of the print publication.
“For nearly 40 years, Style Weekly has been an integral part of Richmond’s culture,” said Steve Humble, Chief Content Officer of VPM. “In the next six to eight months, we will be taking time to listen to readers as we develop a long-term strategy and determine how Style Weekly can best serve the community.”
Since 1982, Style Weekly has been the region’s alternative voice in news, culture, arts, opinion and creative thought. Known for its smart, witty and tenacious coverage of Richmond, the weekly publication is defined by unflinching journalism, incisive writing, thoughtful criticism, arresting photography and sophisticated presentation.
In September 2021, Style Weekly ceased operations, just months after it was acquired by hedge fund Alden Global Capital.
“This acquisition not only represents a strategic opportunity for VPM, but it is also a chance for nonprofit media to innovate and experiment with new business models that may define the future of local journalism,” said Jayme Swain, President and CEO of VPM and the Virginia Foundation for Public Media.