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Southern Voice denies financial distress 

A news report implying the parent company of Atlanta's Southern Voice is teetering on the brink of insolvency simply represents misleading sniping by a competing newspaper, says SoVo's D.C.-based publisher William Waybourn.

A story published Friday by New York's Gay City News reported that Window Media, which owns SoVo and gay-oriented papers in New York, D.C. and Houston, is being sued by creditors for missing payments and defaulting on loans. Waybourn responded by telling employees via an e-mail memo not to worry, that the lawsuit's goal is to modify the payment schedule and that Window is in no financial danger.

"There won't be any effect on SoVo or any of our other publications," he says. "I'm not concerned about the lawsuit at all."

Even before the lawsuit, however, speculation about SoVo's financial health had been percolating amid rough times for nearly all print media. The weekly newspaper ceased publication of its glossy SoVo Magazine and reportedly has had difficulty paying freelancers. Most recently, Windows scaled its New York Blade down from a weekly to an every-other-week newspaper.

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