The stock price of GateHouse's parent, New Media Investment Group US:NEWM , has also fallen 40% since it announced the Gannett GCI, +7.76% acquisition, shaving about $265 million from its market . The 10,000-plus-employee company reaches more than 23 million people weekly via its 145 daily newspapers, 340 community publications and 570-plus websites in 37 states. When asked what's positive about the culture and environment at GateHouse Media, one user shared, "Driving around by my self all night". Subscribers can flip through the pages, read stories, photos and view ads just they appeared in print. When . In review, The Farmington Daily Times covers news, sports, lifestyle, and entertainment for the greater Farmington, New Mexico area. [22], In November 2016, GateHouse announced the purchase of Harris Enterprises, based in Hutchinson, Kan., which operated six daily newspapers in Kansas and Iowa. Offer expires 9/30/19. Sorry you dropped the relationship with the NY Times but I do enjoy USA Today as I had a 25+ year subscription until 2 years ago. It used to look like a real paper. Analysis / Bias Gatehouse Media Partners is a full-service advertising agency with a boutique feel that specializes in traditional and digital media planning and buying. It will be managed, under an agreement that lasts two more years, by Fortress Investment Group, a private equity firm in Manhattan. GateHouse would be the nominal survivor, with New Media Investment Group's CEO, Mike Reed, becoming CEO of the merged company. Fair Use Policy The job puts him in charge of more than 260 dailies from small papers like The Tuscaloosa News in Alabama to big ones like The Detroit Free Press. The new company, which uses the Gannett name, owns about 800 American newspapers including 260 published daily. You will need to link your app purchase in order to have full access to our app. A few months ago, GateHouse acquired20 more local National Labor Relations Board. Country: USA Corporate Crossings Office Park Serial Number: 88350534. GateHouse parent company New Media Investment Group Inc. recently reached a deal to buy Gannett Co., one of the country's largest newspaper publishers, for about $1.34 billion in cash and. Follow USA TODAY reporter Nathan Bomey on Twitter @NathanBomey. We are committed to delivering significant synergies in a thoughtful manner., Gannett, the Owner of USA Today, Is About to Get a Whole Lot Bigger, https://www.nytimes.com/2019/08/05/business/media/gannett-acquired-gatehouse-media.html. Finally, the news is generally reported factually and with a slight right-leaning editorial bias. Sullys Trl Perinton, Town of NY 14534 (585) 598-0030. [4] Immediately after the merger was finalized, all GateHouse Media URLs began redirecting to Gannett.com. [27], In January 2018, GateHouse announced its purchase of Oregon's second-largest daily newspaper, The Register-Guard. More. Digital First also owns the Lowell Sun and the Fitchburg Sentinel & Enterprise in Massachusetts. Claim this business (585) 598-0030. News Marshfield Mariner eEdition. Please help update this article to reflect recent events or newly available information. The paper covers local, national, and international news, sports, entertainment, lifestyle, and opinion. Thats the engine that has gotten us to the place we are today, and thats the engine thats going to carry us forward.. ), Iris Chyi, a professor at the University of Texas School of Journalism, expressed concern that the newspaper business was in fewer corporate hands. Subscribe to your choice of industry specific newsletters, save $100 on conferences, search member directories, comment on stories and more. company to advance our expertise in applying data, content, technology, and marketing strategies to optimize our digital subscription path., Dais continued: Developing a 02/04/2016 12:57 PM EST. National and international news comes from other Gannett publications and the Associated Press. It listed assets of $433.7 million and debt of $1.3 billion. Nam viverra euismod odio, gravida pellentesque urna varius vitae. Total Settlement Amount: Class Representative Proposed Incentive Fee: $2,000 GateHouse Media disputes all acts of allegations, however, they have agreed to settle the class-action lawsuit in order to avoid the further risk and cost of ongoing litigation. Erie Times-News Closed: Connect With NLRB. Media executive Paul Bascobert has been named chief executive of the combined . They are good people who do great things for their clients., -Melissa Ferguson, Director of Marketing & Communications, Columbus Museum of Art, Gatehouse will research suggestions and give feedback and the best plan of action. Gannetts publications include the Detroit Free Press, Arizona Republic, Indianapolis Star and Milwaukee Journal Sentinel. In tandem with the print product, the cities and towns covered by GateHouse weeklies and dailies in Massachusetts are also served by the hyperlocal town-by-town websites at WickedLocal.com.[5]. Worcester Living, the lifestyle magazine that celebrates Central Massachusetts, is filled with stories about the people and places that help make the area a wonderful place to live. Our in-house programmatic platform allows for quick implementation, optimization and reporting. The project will take place over six The deal to create the largest newspaper company in the nation which became official at 4:10 p.m. on Tuesday came about with remarkable speed for a merger that will reshape the media landscape. The acquisition comes about four years after Gannett split from the broadcasting arm of its former parent company, now known as Tegna. I mean, just for context, theres 24,000 employees in the two companies, and a significant portion of the cost reductions are going to come from things other than people. "Our mission is first and foremost to serve the community as we have for more than a century," Offill said. GateHouse GateHouse Media, Inc. iPad & iPhone. (adsbygoogle = window.adsbygoogle || []).push({}); Ad-Free Login He also has a diverse set of experiences outside of the news industry, including past roles as an engineer at General Motors and Whirlpool Corp. and as a co-founder of data analytics firm Vertex Partners. Additional Details: 1000 Ask . Media firms aren't creative agencies, but the good ones are indeed creative. The companys CEO, Robert Dickey, retired in May without a permanent replacement. Pressed to say more, Mr. Reed added: I cant give you an exact number, but almost nothing. The Latest Fact Checks curated by Media Bias Fact Check 03/04/2023, MBFCs Weekly Media Literacy Quiz Covering the Week of Feb 25 Mar 3rd, The Latest Fact Checks curated by Media Bias Fact Check 03/03/2023, Daily Source Bias Check: The Event Chronicle. Net incomeincluded$6.5 million of after-tax restructuring, asset impairment charges, and other costs, offset by $32.8 million of gains on property sales. News Erie Times News eEdition. I rely on the digital for backup if I can't retrieve the delivered newspaper or traveling without the printed version. In a conference call Monday, Michael Reed, the New Media chairman and chief executive who will run the combined company, declined to specify how cost savings would result from the merger, citing efficiencies and cost reallocation. New Media is managed by the New York investment management firm Fortress Investment Group through an affiliate. Likewise, GateHouse has faced similar challenges. Traffic/Popularity: Minimal Traffic It published 144 daily newspapers, 684 community publications, and over 569 local-market websites in 38 states. The Farmington Daily Times is a newspaper that serves Farmington, New Mexico, and the surrounding area. [10] The company filed for Chapter 11 bankruptcy in U.S. Bankruptcy Court in Wilmington, Delaware on September 27, 2013. Although GateHouse Media is the buyer, Gannett will keep its name in a $1.4 billion merger between the nation's two largest newspaper chains. A good not great substitute vs. the Times. Pittsford, NY 14534, http://www.gatehousemedia.com/privacy-policy/. The News Guild, which represents journalists at many of the companys newspapers, has been critical of the merger. Several of these newspapers cover more than one town, and WickedLocal maintains separate websites for each town. Stand up to Viking tyranny with today's Groupon: for $75, you get a one-year subscription to any of Gatehouse Media 's newspapers. Co.'s products include 86 daily newspapers; 254 weekly newspapers, which are published up to three times per week; 102 shoppers, which are generally advertising-only publications; over 466 locally focused websites and mobile sites; as well as six yellow page directories. Jason Taylor, left, newly named President and Publisher of the Review-Journal and President of GateHouse Media's Western U.S. Publishing Operations, shakes hands with Keith Rogers in the newsroom . In August, Gannett, the parent company of USA Today and more than 100 other dailies, and New Media Investment Group, the owner of the newspaper chain GateHouse Media, announced their intention to join forces. NLRB Subscription Updates Download NLRB Mobile App. As the new CEO in charge of the combined Gannett-GateHouse entity, Bascobert is drawing upon. Gatehouse Media Partners is a full-service advertising agency with a boutique feel that specializes in traditional and digital media planning and buying. The new company will go by the name Gannett. New Media Investment Group, a publicly traded company with headquarters near Rochester, N.Y., has put money into journalism through GateHouse Media. This Groupon is valid for the following publications: The Enterprise, which serves the Brockton area seven days a week (a $241.80 value). GateHouse CEO Kirk Davis stated that the project allows the For more information, see the developers privacy policy. Site Map; Policies; OpenGov . These sources are generally trustworthy for information but may require further investigation. projects across the U.S. Their ethos is, "A beginner reader is not a beginner thinker." The companies estimated they can save $275 million to $300 million in annual costs within 24 months. The company publishes newspapers around the country, including USA Today, The Detroit Free Press and The Arizona Republic. And now one in five daily papers in the United States has the same owner, under the Gannett name, according to figures provided by researchers at the University of North Carolina. Free to qualified media, marketing and advertising professionals. Value of Showcase ad is $600. owns 145 daily news outlets and operates in 580 local markets across 37 states. GateHouse Media, Inc. provides publications services. In the restructured plan, Gatehouse stock was cancelled and a new holding company for the parent, New Media Investment Group, Inc., was formed. Ut a nunc porta, congue dui sed, eleifend nunc. Net income of $26.7 million rose 64% from$16.3 million a year ago, surpassing analysts' expectations of $14.1 million. Its parent company, New Media Investment Group, merged with Gannett in 2019.[4]. Gatehouse Media Partners digital department has given our clients a competitive advantage in this now tradigital landscape. This list includes daily and weekly newspapers owned by GateHouse Media Inc. Gatehouse publishes two daily newspapers in Alabama[1], Gatehouse publishes one weekly newspapers in Arizona[1], GateHouse publishes four daily newspapers, 17 paid weeklies and 12 free weeklies (not listed) in Arkansas, in addition to one shopper publications (not listed):[5], GateHouse publishes five daily newspapers and six paid weeklies[1] in California, in addition to nine free weeklies and shopper publications (not listed) associated with its newspaper products, and the Local Yellow Pages in Sacramento:[5], GateHouse publishes one daily newspaper and three paid weeklies in Colorado:[5], GateHouse publishes six weekly newspapers in Delaware:[5], GateHouse publishes 15 newspapers in Florida:[26]. Gannett has been a sought-after property. The agreement on Monday calls for Gannett shareholders to receive $12.06 per share in a combination of cash and New Media shares, for a premium of about 18 percent. In addition to the print product, the cities and villages covered by Suburban Life Publications are also served by the hyperlocal town-by-town websites at mysuburbanlife.com. Gatehouse is a specialist publisher of reading books and teaching resources for adults who are developing their basic reading or English language skills. GateHouse's largest weekly newspaper market is Massachusetts, where it owns more than 100 titles in and around Boston. GateHouse Media Inc.was an American publisher of locally based print and digital media. GateHouses publications include the Columbus Dispatch in Ohio, Austin American-Statesman in Texas and the Oklahoman. We will continue to demand that they fund high-quality journalism.. Now a part-time resident of the Rochester, N.Y., area, Mr. Reed noted that the new incarnation of Gannett would have two publications in that part of the world: The Daily Messenger, in Canandaigua, formerly a GateHouse publication, and The Democrat and Chronicle, a longtime Gannett daily in Rochester. In recent years, GateHouse Media has shrunk newsrooms while pursuing shareholder value, in part by consolidating operations in regional hubs and merging newspapers. How do you get that version back. Password Bill Church, Senior VP News; Liberty Group Publishing was formed in 1998 when Kenneth L. Serota, a former Hollinger International attorney with backing from Leonard Green & Partners, bought 160 community newspapers from Hollinger. The combined group of business publications was rebranded as BridgeTower Media.[18]. Both companies are dealingwith asharp decline in print revenue. After reviewing dozens of op-eds, we found slightly more favor a conservative perspective. [23] In February 2017, GateHouse purchased the Dix Communications newspaper chain for $21.2 million. Advertising and paid subscriptions generate revenue. News Foster's Daily Democrat. RSS. Southern Kitchen, launched by Cox Media Group (CMG) in 2017, is a blend of e-commerce and content. Marie Evening News - Sault Ste. Theres no way, when youre removed from that community, that you understand whats happening on the ground in the same way that you would understand it if you lived in that community.. Though New Media is buying its competitor, the company resulting from the deal will go by Gannett, a name that goes back to the early part of the 20th century, when Frank E. Gannett, who owned half of the Elmira Gazette in Elmira, N.Y., became a media baron with the acquisition of other newspapers. Gatehouse, now called Gannett, has been operated by Fortress Investments, a New York private equity firm, in turn owned by Softbank, the diversified Japanese tech firm. It operates in more than 570 markets across 37 states, reaching more than 23 million people on a weekly basis and serving more than 220,000 business customers. Lorem ipsum dolor sit amet, consectetur adipiscing elit. We dont want a company to have way too much power.. Anyone can read what you share. Twitter. If there is a way to log in, they are keeping it very well hidden. [19] As of April 2018, GateHouse Media was publishing 144 daily newspapers, 684 community publications, and over 569 local market websites in 38 states. , -Bart Zimmerman, General Manager, Honda Marysville, They are intelligent in their approach. Gannett's current chief financial officer, Alison Engel, is expected to become CFO of the new Gannett. Newspaper Chain, Targets 'Inefficiencies', "Red ink pressing publisher; Liberty Group grew fast, but so did its debt Crains August 5, 2004", "International Directory of Company Histories. So theres so much opportunity beyond the newsroom for us to go get these efficiencies., Paul Bascobert, the chief executive of the former Gannett who will hold that same title for the new Gannetts operating company, seconded that statement, saying the companys mission is to connect, protect and celebrate local communities., And the core of that is great local journalism, he added. While its mail is delivered from the Pittsford, NY 14534 post office, GateHouse's headquarters lie about a third of a mile east of the eastern border of, Last edited on 23 February 2023, at 23:45, U.S. Bankruptcy Court in Wilmington, Delaware, List of newspapers owned by GateHouse Media, "Gannett, Now Largest U.S. With Gatehouse newspaper chain on the hot seat, CEO Mike Reed responds. Mr. Reed said the bulk of the savings is not going to come from editorial, meaning newsrooms would be largely spared. [131], GateHouse publishes seven daily, 11 weekly and 13 shopper newspapers in Texas:[1], List of newspapers owned by GateHouse Media. In Florida, the combined company will own 20 daily. Extensive experience in broadcast television and out-of-home. GateHouse Media Nashville, TN Apply JOB DETAILS LOCATION Nashville, TN POSTED 1 day ago Gannett Co., Inc. (NYSE: GCI) is a subscription-led and digitally focused media and marketing solutions company committed to empowering communities to thrive. GateHouse Media publishes three daily and five weekly newspapers in Georgia. Gatehouse Media Overview Work Here? An agreement between two large newspaper chains on Monday laid the groundwork for a new publishing behemoth while raising questions about future investments in local journalism. . Arrg . Gatehouse Media is based out of Fairport. Area newspapers to keep same owner, but with new name. In August 2019, Gatehouse Media purchased and merged with Gannett becoming the largest newspaper chain in the USA. By adamg - 8/5/19 - 4:39 pm. GateHouse and Gannett have both cut newsroom employees in recent years. Gannett owns The Detroit Free Press, The Arizona Republic, The Milwaukee Journal Sentinel and other prominent newspapers in small, midsize and large cities. (D. Van Zandt 03/04/2023), Last Updated on March 4, 2023 by Media Bias Fact Check, Left vs. Now I have one new article and the rest are a couple of months old. daily-times.com serves as the online domain for the newspaper. Box 779Worthington, OH 43085614-406-5651info@gatehousemediapartners.com. The 10,000-plus-employee company reaches more than 23 million people weekly via its 145 daily newspapers, 340 community publications, and 570-plus websites in 37 states. From a media economics perspective, more competition is always better, Ms. Chyi said. Another large newspaper chain, MediaNews Group, is owned by a hedge fund, Alden Global Capital. Gannett's digital-only subscriptions rose 34% year-over-year to 561,000 in the second quarter. Last week, shareholders at the two companies voted yea. Mr. Reed said. The newspapers were operated by GateHouse Media following the purchase. Even before the merger, the two companies were the two largest chains in terms of both number of newspapers owned and circulation, according to researchers at the University of North Carolina. [26], In October 2017, GateHouse acquired Edward A. Sherman Publishing Company, parent of The Newport Daily News. [20] In February 2015, GateHouse purchased Stephens Media, which published newspapers mainly in Arkansas and Nevada, for $102.8 million. Gatehouse Media Partners is a well respected & result-oriented boutique agency providing full-service options at a good value. Employees at GateHouse Media rank their Perks and Benefits lower than most, ranking them in the Bottom 10% of all similar sized companies with 10,000+ Employees on Comparably. FAIRPORT, N.Y., April 11, 2013 /PRNewswire/ -- GateHouse Media, Inc., a leading multi-media company providing news and information to local communities, has launched More Content Now, where. Etiam ultrices scelerisque enim, id interdum leo mollis sit amet. Funding. We are honored to become a part of Gannetts storied history and a steward of their strong media properties into the future, Mr. Reed, the New Media executive, said in the statement. Copyright 2023 Apple Inc. All rights reserved. The local-newspaper giant GateHouse Media is making cuts across US newsrooms for a second time in 2019, following at least 60 layoffs in January and February and first-quarter losses.. At least . Together, the two companies would operate more than 260 daily news operations far more than any other U.S. news publisher and boast potentially the largest online audience of any American news provider. GateHouse Media's portfolio of products includes over 600 business and community publications and 569 websites, serves more than 215,000 business advertising accounts, and reaches 23 million . GateHouse Media's ownerand Gannett have agreed to merge in a deal aimed at cutting overlapping costs and enabling the combined company to pursue a digital transformation as the media industry grapples with the disruptive forces of online news, social media and smartphones. The only way they can support it, Mr. Arthur said, speaking of the newspaper industry in general, is to cut costs. Etiam ultrices scelerisque enim, id interdum leo mollis sit amet. Dix Communications operates in northeastern and east-central Ohio, including more than 30 daily and weekly newspapers. [21] In December 2015, GateHouse sold the Las Vegas Review-Journal, the Stephens group's largest paper, to casino magnate Sheldon Adelson for $140 million. Bias Rating: RIGHT-CENTER As of early 2022, Gannett was seeking an early buyout of Fortress's outside management role. Free to qualified media, marketing and advertising. Gatehouse publishes 144 daily newspapers across the country. New Media Investment Group, a holding company that controls GateHouse Media, announced that it had agreed to buy Gannett, the owner of USA Today and more than 100 other publications nationwide, in a transaction valued at roughly $1.4 billion. GATEHOUSE MEDIA - Print Media - 254 2nd Ave, Needham, MA - Phone Number - Yelp GateHouse Media 7 reviews Unclaimed Print Media Frequently Asked Questions about GateHouse Media How is GateHouse Media rated? Gannett, which has been in the news business for nearly a century, laid off journalists all across the country earlier this year. Further, Gatehouse will. The Progress-Index eEdition. I very much enjoyed working at Gate House. So thats where we potentially redeploy assets., Gannett, Now Largest U.S. It was the first publication in what would become a newspaper empire. Managing Partner A creative problem solver with 29 years experience in media sales and management. The Gannett Board unanimously determined that this combination with New Media is in the best interests of Gannett shareholders, customers, audiences, and employees, providing significant and immediate value, as well as the ability to benefit from the upside potential of the combined company, said J. Jeffry Louis, chairman of Gannett, in a statement. GateHouse Media, which owns 154 daily newspapers and operates in 39 states, has been on a buying spree in recent years, striking deals to acquire The Austin American-Statesman, The Palm Beach Post and The Akron Beacon Journal. Gatehouse Media Partners began in September 2005 with the goal of providing customized, targeted media plans that get results and keep up with the ever-changing media landscape. Media Bias Fact Check offers a number of sustaining Ad-Free membership plans to fit your budget! MBFC Credibility Rating: HIGH CREDIBILITY. GateHouses acquisition of Gannett, a cash-and-stock transaction valued at roughly $1.2 billion, was intended to give the combined companies an annual savings of some $300 million. Always there when I need them and do anything I ask. Also Monday, Gannett reported that its revenue fell 9.6% in the second quarter, compared with a year earlier, to $660.3 million. Shortly after GateHouse bought The Register-Guard, the company began laying off copy editors. Under that brand, the company has won several Pulitzer Prizes, expanded its investigative reporting and shared journalism resources. Gatehouse Media Profile and History . The Fosters Daily Democrat 'eEdition' is an exact digital replica of the printed newspaper. [34] That same year, it acquired the New Jersey Herald in Newton, New Jersey, from Quincy Media.[35]. Fortress, in turn, is owned by SoftBank, the Tokyo conglomerate founded by Masayoshi Son, a brash executive who had a friendly meeting with Donald J. Trump in December 2016, when Mr. Trump was the president-elect. They said the savings would come primarily fromthe "increased scale of the new organization, sharing of best practices, leveraging existing infrastructure, facility rationalization and other judicious cost reductions.". Louis added that the two companies are a strong "cultural fit.". GateHouse Media is a publisher of locally based print and online media. Our tracking data currently support major global logistic operators creating transparency. So far, eight have left. Copyright 2006 by The Gale Group, Inc", GateHouse Media stock being delisted from NYSE - October 22, 2008, "GateHouse Buying 14 Dailies, Other Pubs, From Morris For $115 Million", "News Corp. sells 33 papers to New York investors", "GateHouse Media Files for Pre-packaged Chapter 11", "GateHouse Media officially done with bankruptcy", "GateHouse Media Files Chapter 11 to Form New Company", "GateHouse Media to Buy Morris Communications", "GateHouse acquires News-Journal, Halifax Media", "Review-Journal, parent Stephens Media to be sold to New Media", "Sheldon Adelson's Purchase of Las Vegas Paper Seen as a Power Play", "GateHouse to acquire Kansas-based Harris newspapers", "Fox Business - GateHouse Media Buys Dix Communications Newspaper Chain", "Business Wire - New Media Announces Agreement to Acquire Calkins Media", "GateHouse acquires Morris Publishing's 11 daily newspapers", "Providence Journal parent buys publisher of Newport Daily News", "The Register-Guard sold to GateHouse Media", "GateHouse Media grows its empire by buying top exec's publishing company", "New Media Investment Group to Acquire The Palm Beach Post and Palm Beach Daily News", "Gatehouse Media purchases Akron Beacon Journal", GateHouse Media Buys Akron Beacon Journal and Ohio.com, "New Media Announces Solid Fourth Quarter & Full Year 2018 Results, Dividend of $0.38 per Common Share", "Herald-Times, Other Local Papers Sold To GateHouse Media", "GateHouse Media to acquire New Jersey Herald", "USA Today owner Gannett merges with GateHouse Media to form massive newspaper company", "New Media Investment Group to Acquire Gannett", https://en.wikipedia.org/w/index.php?title=GateHouse_Media&oldid=1141218731, This page was last edited on 23 February 2023, at 23:45. GateHouse Media, Inc Is this Your Business? GateHouse Media, which owns 154 daily newspapers and operates in 39 states, has been on a buying spree in recent years, striking deals to acquire The Austin American-Statesman, The Palm Beach.
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