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From the article:

The Village Voice announced Friday it would stop publishing after 63 years. A year ago it stopped publishing in print, despite promises from the company’s new owner, Peter D. Barbey, to invest in and revitalize the famed publication. Forbes recently estimated that Barbey was worth about $6 billion, but he cited “business realities” in his statement to staff as the reason for closing the newspaper just three years after acquiring it.

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