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GateHouse Media publishes three daily and five weekly newspapers in Georgia. Gannett had about 16,980 employees at the end of 2018, while GateHouse had about 10,638 employees, according to their securities filings. Gatehouse Media LLC. It listed assets of $433.7 million and debt of $1.3 billion. Gatehouse Media Ltd Warrington . Gatehouse Media e-Billing Terms and Conditions . Private equity firm Apollo Global Management provided a five-year secured loan worth of $1.792 billion to help finance the deal. 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. Gatehouse Media Partners digital department has given our clients a competitive advantage in this now tradigital landscape. John Jeffry Louis, the chairman of Gannett, said in a statement, We see numerous opportunities to leverage the combined companys enhanced scale and financial strength to continue to drive growth in the digital future.. Arrg . In August 2019, Gatehouse Media purchased and merged with Gannett becoming the largest newspaper chain in the USA. 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. 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]. Noting that both companies house business functions and even editors in regional centers away from the newsrooms, Ms. Abernathy added that the combinations of shrunken newsrooms and distant management could have a bad effect on local coverage. The fate of for-profit local journalism hangs in the balance as the news industry spars with digital giants Google, Facebook and others for revenue and the attention of Americans. By registering for e-billing or paperless billing, you agree to accept and be bound by the terms . After reports of the potential deal emerged in recent weeks, analysts told USA TODAY that the deal could help give the two companies time to reduce their expenses and secure sufficient digital revenue to maintain significant news operations. 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. Now publishing at www.the-geyser.com. National Labor Relations Board. GateHouse Media This project is telling stories about the South, from the South What stories do you expect to read about the South? 12-022-21) Gatehouse Media, LLC v. City of Worcester (Lawyers Weekly No. your email inbox 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. Based in Pittsford, New York, GateHouse Media is one of the largest publishers of local-market print and digital media in the U.S. The previous version that looked like an actual paper was great. We are integrally involved in all parts of planning and execution and take a big picture approach to our clients' needs. The new Gannett, with 260 dailies under its control, will be based in McLean, Va. Click to read The Geyser Hot Takes & Deep Thinking on the Info Economy, by Kent Anderson, a Substack publication. We are integrally involved in all parts of planning and execution and take a big picture approach to our clients needs. Owned by: GATEHOUSE MEDIA MASSACHUSETTS I, INC. CEO Robert James Thomson indicated that the newspapers "were not strategically consistent with the emerging portfolio" of the company, which had been formed as a spin-off of News Corporation. GateHouse's parent, New Media Investment Group, will purchase Gannett for $12.06 in cash and stock per share. Often you have a publisher responsible for five or six newspapers, she said. The combined company will have its headquarters in Gannetts home base, McLean, Va., and will be led by Michael E. Reed, the New Media chief executive since 2006. GateHouse Media publishes 145 daily publications. Etiam ultrices scelerisque enim, id interdum leo mollis sit amet. Subscribers can flip through the pages, read stories, photos and view ads just they appeared in print. Or call 1-800-MY-APPLE. You will need to link your app purchase in order to have full access to our app. GateHouse Media Illinois publishes 21 daily newspapers and 55 weeklies in Illinois, in addition to numerous shopper publications:[5], GateHouse's second-largest chain of weekly newspapers covers the western suburbs of Chicago. Box 779Worthington, OH 43085614-406-5651info@gatehousemediapartners.com. The terms involved the cancellation of shares of Gatehouse, but those owners receiving warrants to buy shares in New Media Investment Group Inc.[11][12], Subsequently, Gatehouse Media acquired several newspaper groups between 2014 and 2017, including Halifax,[13] Stephens Media,[14] Calkins Media and Morris Publications. Across the industry, newspapers lost about 57% of their advertising and circulation revenue and about 49% of their weekday print circulation from 2000 to 2018, according to the Pew Research Center. The planned merger comes more out of perceived weakness than strength: With a few exceptions, newspapers are struggling as readers abandon ink and paper in favor of websites and news apps. 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. Once combined, GateHouse and Gannett will publish more than 260 daily newspapers in the United States, along with more than 300 weekly publications, in 47 states, as well as Guam. New Media Investment Groupsaid Monday that it reached a deal to acquire Gannett, which owns USA TODAY and more than 100 other daily publications and digital marketing services such as ReachLocal. Whitmorepointed to important journalism like the Gannett-owned Indianapolis Star's investigative reports on disgraced gymnastics doctor Larry Nassar as emblematic of the type of work that establishes the significance of identifying a sustainable financial model. Serial Number: 78662412. . [23] In February 2017, GateHouse purchased the Dix Communications newspaper chain for $21.2 million. So its not an overwhelming number very achievable, Mr. Reed said. It was the first publication in what would become a newspaper empire. Gannett Co., Inc. 2020. Paul Bascobert, former XO Group president, formerBloomberg LP chief operating officer and former Dow Jones chief marketing officer, was appointed CEO of the current Gannett. It's Convenient. The apps natural interface uses iOS Multi-Touch gestures to provide a print-like reading experience. Under that brand, the company has won several Pulitzer Prizes, expanded its investigative reporting and shared journalism resources. POSTED. 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. across the nation.. Penny Abernathy, a journalism professor at the University of North Carolina who has studied the decline of newspapers, said layoffs were all but guaranteed. From Over the Top Television (OTT) to display, to streaming audio, we have access to the same data as 3rd party providers making us a more efficient alternative for digital placement. Traditional and digital media planner/buyer. [34] That same year, it acquired the New Jersey Herald in Newton, New Jersey, from Quincy Media.[35]. The new company, which uses the Gannett name, owns about 800 American newspapers including 260 published daily. Subscribe to your choice of industry specific newsletters, save $100 on conferences, search member directories, comment on stories and more. Several of these newspapers cover more than one town, and WickedLocal maintains separate websites for each town. GateHouse is anticipated to spend a sizeable amount of time and resources on the initiative. Please help update this article to reflect recent events or newly available information. GateHouse Media, Inc Is this Your Business? Subscribe today to gain access to every Research Intelligencer article we publish as well as the exclusive daily newsletter, full access to The MediaPost Cases, first-look research and daily insights from Joe Mandese, Editor in Chief. This electronic edition app is an exact replica of Worcester Living. Pittsford, New York-based GateHouse, the operating subsidiary of New Media Investment Group, will combine withMcLean, Virginia-based Gannett, the larger of the two companies, in a cash-and-stock deal worth about $1.38 billion and financed in part with new private-equity debt. 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. Faced with problems, it downsized to 270 by June 2005. The planned bankruptcy centered on restructuring the Fortress News Corp deal. Country: USA Website. Get it for FREE in the App Store Disclaimer: . Media Type: Newspaper Analysis / Bias Advertising and paid subscriptions generate revenue. Extension will extend subscription to the length it would have been if charges for premium editions had not been made; refund will consist of payment equal to the amount charged against their original subscription for the premium editions. Fortress is owned by SoftBank, a Japanese conglomerate. McClatchy, another major chain, said last week that it risked insolvency. [26], In October 2017, GateHouse acquired Edward A. Sherman Publishing Company, parent of The Newport Daily News. In 2018, the print business still brought in $25 billion, according to a study by the University of North Carolina. I agree to receive promotional communication from GateHouse Media and its affiliates. Gatehouse Media sold the chain to Dixon, Illinois-based Shaw Media Group on 1 October 2012[50]. [29], In March 2018, GateHouse announced its $47.5 million purchase of the Austin American-Statesman of Austin, Texas. Our tracking data currently support major global logistic operators creating transparency. For Ad-Free Subscriptions go here: https://mediabiasfactcheck.com/membership-account/membership-levels/, Terms and Conditions The companies estimated they can save $275 million to $300 million in annual costs within 24 months. When asked what's positive about the culture and environment at GateHouse Media, one user shared, "Driving around by my self all night". Both companies are dealingwith asharp decline in print revenue. It delivers content and products related to eating, drinking, and entertaining with a Southern flair. Managing Partner Traditional & Digital media planner/buyer with extensive attention to detail as it pertains to digital optimization and implementation. In the same month, GateHouse announced its $49.25 million purchase of The Palm Beach Post and Palm Beach Daily News from Cox Media Group, LLC. 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. To maximize the company's value, Boston Herald Inc. (BHI) filed a voluntary Chapter 11 bankruptcy petition in the U.S. Bankruptcy Court for the District of Delaware to maximize the company's value. The developer provided this information and may update it over time. As a subscriber, you have 10 gift articles to give each month. Ut a nunc porta, congue dui sed, eleifend nunc. Mr. Reed said the bulk of the savings is not going to come from editorial, meaning newsrooms would be largely spared. Ut a nunc porta, congue dui sed, eleifend nunc. The companies expect that savings from the merger, which is expected to be completed by the end of the year, would total as much as $300 million annually. "Our mission is first and foremost to serve the community as we have for more than a century," Offill said. Total Settlement Amount: Class Representative Proposed Incentive Fee: $2,000 News More ways to shop: Find an Apple Store or other retailer near you. Press Freedom Rating: MOSTLY FREE The new company will go by the name Gannett. Gannett reported that its revenue fell 9.6%, Your California Privacy Rights/Privacy Policy. News Columbia Tribune. 2023 USA TODAY, a division of Gannett Satellite Information Network, LLC. Home / Fulltext Opinion / Gatehouse Media, LLC v. City of Worcester (Lawyers Weekly No. 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 . Shortly after GateHouse bought The Register-Guard, the company began laying off copy editors. Support MBFC Donations GateHouse Media Inc.was an American publisher of locally based print and digital media. This page was last edited on 15 December 2022, at 09:36. [4] Immediately after the merger was finalized, all GateHouse Media URLs began redirecting to Gannett.com. Gannett's current chief financial officer, Alison Engel, is expected to become CFO of the new Gannett. Gatehouse Media Profile and History . [22], In November 2016, GateHouse announced the purchase of Harris Enterprises, based in Hutchinson, Kan., which operated six daily newspapers in Kansas and Iowa. We look for new software developers to build new tracking features for the maritime industry. Gannett, which has been in the news business for nearly a century, laid off journalists all across the country earlier this year. GateHouse Media, Inc. iPad & iPhone. Lorem ipsum dolor sit amet, consectetur adipiscing elit. The combinedcompany will be based at Gannetts headquarters west of Washington, D.C. New Media Investment Group CEO Michael Reed will remainCEO of the umbrella company, which will benamed Gannett after the deal closes. company to advance our expertise in applying data, content, technology, and marketing strategies to optimize our digital subscription path., Dais continued: Developing a All Rights Reserved. [citation needed], In June 2005, Fortress Investment Group bought Liberty for $527 million. 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. A good not great substitute vs. the Times. 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. If there is a way to log in, they are keeping it very well hidden. MBFC Credibility Rating: HIGH CREDIBILITY. GateHouse Media, LLC November 4, 2022 You will need to link your app purchase in order to have full access to our app. 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. The union intends to hold managers of the new Gannett to the promises they have made, the News Guild president, Bernie Lunzer, said in a statement. "We all pray that it works," said Nancy Whitmore, professor of communication at Butler University in Indianapolis, and an expert on media economics. Fortress will continue to operate New Media until the end of 2021 and has negotiated a breakup fee to step aside. Marie, MI", "Hillsdale.net - Hillsdale, MI: Local & World News, Sports & Entertainment in Hillsdale, MI", "Holland Sentinel: Local & World News, Sports & Entertainment in Holland, MI", "Ionia Sentinel - Standard-Ionia, MI: Local & World News, Sports & Entertainment in Ionia, MI", "Sturgis Journal - Sturgis, MI: Local & World News, Sports & Entertainment in Sturgis, MI", "Crookston Times - Crookston, MN: Local & World News, Sports & Entertainment in Crookston, MN", "Boonville Daily News - Boonville, MO: Local & World News, Sports & Entertainment in Boonville, MO", "Chillicothe News - Chillicothe, MO: Local & World News, Sports & Entertainment in Chillicothe, MO", "Hannibal Courier - Post - Hannibal, MO: Local & World News, Sports & Entertainment in Hannibal, MO", "Kirksville Daily Express - Kirksville, MO: Local & World News, Sports & Entertainment in Kirksville, MO", "The Mexico Ledger - Mexico, MO: Local & World News, Sports & Entertainment in Mexico, MO", "Moberly Monitor-Index - Moberly, MO: Local & World News, Sports & Entertainment in Moberly, MO", "Columbia Daily Tribune: Local & World News, Sports & Entertainment in Columbia, MO", "The Daily Guide - Waynesville, MO: Local & World News, Sports & Entertainment in St. Robert, MO", "The Lake News Online: Local & World News, Sports & Entertainment in Camdenton, MO", "The Rolla Daily News - Rolla, MO: Local & World News, Sports & Entertainment in Rolla, MO", "The Carthage Press: Local & World News, Sports & Entertainment in Carthage, MO", "Morning Sun: Local & World News, Sports & Entertainment in Pittsburg, KS", "The Evening Tribune: Local & World News, Sports & Entertainment in Hornell, NY", "The Leader: Local & World News, Sports & Entertainment in Corning, NY", "The Wellsville Daily Reporter: Local & World News, Sports & Entertainment in Wellsville, NY", "Uticaod: Local & World News, Sports & Entertainment in Utica, NY", "The Times Telegram: Local News, Politics & Sports in Utica, NY", "MPNnow: Local & World News, Sports & Entertainment in Canandaigua, NY", "Devils Lake Journal - Devils Lake, ND: Local & World News, Sports & Entertainment in Devils Lake, ND", "The Columbus Dispatch: Local & World News, Sports & Entertainment in Columbus, OH", "ThisWeek Community News: Local & World News, Sports & Entertainment in Lewis Center, OH", "Columbus Monthly - Arts, culture, style, dining, news and in-depth features", "The Independent: Local & World News, Sports & Entertainment in Massillon, OH", "The Repository: Local & World News, Sports & Entertainment in Canton, OH", "Times Reporter: Local & World News, Sports & Entertainment in New Philadelphia, OH", "The Daily Ardmoreite: Local & World News, Sports & Entertainment in Ardmore, OK", "The Shawnee News-Star: Local & World News, Sports & Entertainment in Shawnee, OK", "Wayne Independent - Honesdale, PA: Local & World News, Sports & Entertainment in Honesdale, PA", "Mineral Daily News-Tribune - Keyser, WV: Local & World News, Sports & Entertainment in Keyser, WV", "Waynesboro Record Herald - Waynesboro, PA: Local & World News, Sports & Entertainment in Waynesboro, PA", "Letter from the Editor: About our new look", "Somerset newspaper to be sold to GateHouse Media", "Providence Journal parent buys publisher of Newport Daily News", "Schurz Communications selling newspapers to GateHouse Media", "GateHouse buys Schurz publishing division, including Public Opinion", "Oakridger - Oak Ridge, TN: Local & World News, Sports & Entertainment in Oak Ridge, TN", Official GateHouse Media website list of newspapers, https://en.wikipedia.org/w/index.php?title=List_of_newspapers_owned_by_GateHouse_Media&oldid=1127546282. We believe this transaction will create value for our shareholders, greater opportunities for our employees, and a stronger future for journalism," Reed said in a statement. And it feeds on itself: Subscribers go down, advertisers pay less.. Son was also a driving force behind the all-but-final megamerger of Sprint, a SoftBank-controlled company, and T-Mobile; that deal won regulatory approval after a lobbying campaign that included company executives staying at the Trump International Hotel in Washington. They are great partners to work with., -Sara Oliphant, Marketing Director, Atlas Butler, P.O. Based in Pittsford, New York, GateHouse Media is one of the largest publishers of local-market print and digital media in the US. GateHouse Media, Inc. provides publications services. The developer, GateHouse Media, Inc., indicated that the apps privacy practices may include handling of data as described below. It published 144 daily newspapers, 684 community publications, and over 569 local-market websites in 38 states. Gannetts publications include the Detroit Free Press, Arizona Republic, Indianapolis Star and Milwaukee Journal Sentinel. So far, eight have left. 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. That is their advantage!, -Josh Combs, Creative Services Director, WCMH-TV, They are great at listening to our challenges and adapting our strategies to meeting those challenges. Media Bias Fact Check offers a number of sustaining Ad-Free membership plans to fit your budget! The News Guild, which represents journalists at many of the companys newspapers, has been critical of the merger. 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. 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. [15] They also acquired Dolan Media Group[16] and Journal Multimedia,[17] adding business publications to their portfolio. 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. 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. How do you get that version back. If you feel your login credentials are being used by a second . The only way they can support it, Mr. Arthur said, speaking of the newspaper industry in general, is to cut costs. [10] The company filed for Chapter 11 bankruptcy in U.S. Bankruptcy Court in Wilmington, Delaware on September 27, 2013. 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. [25], In August 2017, GateHouse announced it was purchasing 11 daily newspapers, 30 weeklies, and other assets from Morris Publishing Group, a division of Morris Communications. Employees rate their environment a D and are not so happy at GateHouse Media. [19] As of April 2018, GateHouse Media was publishing 144 daily newspapers, 684 community publications, and over 569 local market websites in 38 states. So thats where we potentially redeploy assets., Gannett, Now Largest U.S. Subscribe to your choice of industry specific newsletters, save $100 on conferences, search member directories, comment on stories and more. GateHouse Media, headquartered in Fairport, N.Y., is a publisher of locally based print and online media. For more information, see the developers privacy policy. months with the intention of creating a sustainable digital subscriptions business model. Forgot? To link your subscription, open our app click on the settings (gear) icon in the top right corner of the screen, Click "Create Account" and follow the instructions to make a profile. Free to qualified media, marketing and advertising professionals. [36][37] The acquisition of Gannett by New Media Investment Group was completed on November 19, 2019, making the combined company the largest newspaper publisher in the United States. Great communication with me. As the new CEO in charge of the combined Gannett-GateHouse entity,Bascobert is drawing upon deep experience in the news industry. Media firms aren't creative agencies, but the good ones are indeed creative. Marie, MI: Local & World News, Sports & Entertainment in Sault Ste. [131], GateHouse publishes seven daily, 11 weekly and 13 shopper newspapers in Texas:[1], List of newspapers owned by GateHouse Media. GateHouse Media's parent company is publicly traded New Media Investment Group (NEWM) of New York. Founder & Principal40 years in advertising with a focus on developing comprehensive media strategies and marketing plans. I rely on the digital for backup if I can't retrieve the delivered newspaper or traveling without the printed version. In recent years, GateHouse Media has shrunk newsrooms while pursuing shareholder value, in part by consolidating operations in regional hubs and merging newspapers. RSS. From critically acclaimed storytelling to powerful photography to engaging videos the Gainesville Sun app delivers the local news that matters most to your community. Gatehouse Media is based out of Fairport. Net income of $26.7 million rose 64% from$16.3 million a year ago, surpassing analysts' expectations of $14.1 million. GateHouse Media Pittsford, NY. Last edited on 15 December 2022, at 09:36, "Pine Bluff Commercial - Pine Bluff, AR: Local & World News, Sports & Entertainment in Pine Bluff, AR", "Southwest Times Record - Fort Smith, AR: Local & World News, Sports & Entertainment in Fort Smith, AR", "Stuttgart Daily Leader - Suttgart, AR: Local & World News, Sports & Entertainment in Stuttgart, AR", "Greenwood Democrat - Greenwood, AR: Local & World News, Sports & Entertainment in Greenwood, AR", "Boonville Democrat - Booneville, AR: Local & World News, Sports & Entertainment in Booneville, AR", "Charleston Express - Greenwood, AR: Local & World News, Sports & Entertainment in Greenwood, AR", "Press Argus-Courier - Van Buren, AR: Local & World News, Sports & Entertainment in Van Buren, AR", "Paris Express - Paris, AR: Local & World News, Sports & Entertainment in Paris, AR", "Gurdon Times - Gurdon, AR: Local & World News, Sports & Entertainment in Arkadelphia, AR", "Newport Independent - Newport, AR: Local & World News, Sports & Entertainment in Newport, AR", "The Sun-Times - Heber Springs, AR: Local & World News, Sports & Entertainment in Heber Springs, AR", "The Whitehall Journal - White Hall, AR: Local & World News, Sports & Entertainment in Pine Bluff, AR", "The Van Buren County Democrat - Clinton, AR: Local & World News, Sports & Entertainment in Van Buren County, AR", "Ridgecrest Daily Independent - Ridgecrest, CA: Local & World News, Sports & Entertainment in Ridgecrest, CA", "Desert Dispatch- Victorville, CA: Local & World News, Sports & Entertainment in Victorville, CA", "The Record- Stockton, CA: Local & World News, Sports & Entertainment in Stockton, CA", "Siskiyou Daily News, Yreka, CA: Local & World News, Sports & Entertainment in Yreka, CA", "Owner of Pueblo Chieftain agrees to sell; 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