Box 779Worthington, OH 43085614-406-5651info@gatehousemediapartners.com. USA Today reports the owner of GateHouse Media, which owns many of the Boston area's newspapers, will buy Gannett, then rename GateHouse as Gannett. In August 2019, Gatehouse Media purchased and merged with Gannett becoming the largest newspaper chain in the USA. I agree to receive promotional communication from GateHouse Media and its affiliates. The Company publishes local newspaper, management structure, short biographies, and, articles, as well as offers marketing, and online . Gatehouse Too much email? The following data may be used to track you across apps and websites owned by other companies: The following data may be collected and linked to your identity: The following data may be collected but it is not linked to your identity: Privacy practices may vary, for example, based on the features you use or your age. 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. Business Profile GateHouse Media, Inc Newspaper Contact Information 175 Sully's Trail, 3rd Floor Corporate Crossing Office Park Pittsford, NY 14534. Nam viverra euismod odio, gravida pellentesque urna varius vitae. Based in Pittsford, New York, GateHouse Media is one of the largest publishers of local-market print and digital media in the US. Media firms aren't creative agencies, but the good ones are indeed creative. GateHouse's digital-only subscriptions rose 44% . thriving digital model to showcase the amazing work being done by our journalists across the United States is essential to preserving the vitality and viability of our local journalism.. All of the following are weekly newspapers: GateHouse publishes three weekly newspapers along the Iowa-Nebraska border:[5], GateHouse publishes 14 daily newspapers and seven weeklies in Kansas, and several shopper publications (not listed) in most of its newspaper markets:[5]Wichita area and central Kansas, GateHouse publishes four daily newspapers and six weeklies in Louisiana, as well as several shopper publications (not listed):[5], GateHouse Media New England publishes several daily newspapers in Massachusetts, and 113 weeklies in Massachusetts, in addition to numerous shopper publications. Lorem ipsum dolor sit amet, consectetur adipiscing elit. 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. Website. your email inbox 175 Sully's Trail, 3rd Floor In recent years, GateHouse Media has shrunk newsrooms while pursuing shareholder value, in part by consolidating operations in regional hubs and merging newspapers. It listed assets of $433.7 million and debt of $1.3 billion. [citation needed], In June 2005, Fortress Investment Group bought Liberty for $527 million. GateHouse Media is charged with billing customers for the Lens magazine $2 per issue, despite customers not requesting the magazine. 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 Pagesin Sacramento:[5] Daily Pressof Victorville The Daily Independent[19]of Ridgecrest Desert Dispatch,[20]daily, of Victorville Owned by: GATEHOUSE MEDIA MASSACHUSETTS I, INC. Creative Media Awards(February 2, 2023, NYC), Agency of the Year(January 25, 2023, NYC), MediaPost All Stars(January 25, 2023, NYC), Marketing Automotive Awards(April 13, 2022, NYC), Hearst Appoints Jessica Hogue As Chief Data Officer, Consumer Media, 'Sports Illustrated' Partners On A Gaming Casino, Subterranean Context: Shoppers Prefer Ads Related To Content, Study Shows, Axel Springer CEO Eyes Digital-Only, Warns AI Could Replace Journalism, 'Sassy' Founder Jane Pratt's New Publishing Venture, Marketplace, The Full Funnel CPG Plan: Building the Smarter Brand, Keep up-to-date with media, marketing and advertising news, Invitations to exclusive industry events and research. 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. 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. Gannett Co., Inc. (NYSE: GCI) is a subscription-led and digitally focused media and marketing solutions company committed to empowering communities to thrive. 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. iPad iPhone Description. Claim this business (585) 598-0030. "We urge readers to support us with a digital or print subscription, and we urge. Another large newspaper chain, MediaNews Group, is owned by a hedge fund, Alden Global Capital. (adsbygoogle = window.adsbygoogle || []).push({}); Ad-Free Login Home / Fulltext Opinion / Gatehouse Media, LLC v. City of Worcester (Lawyers Weekly No. 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. With an unmatched reach at the national and local level, Gannett touches the lives of . Gatehouse re-emerged from the planned bankruptcy in November 2013. Managing Partner A creative problem solver with 29 years experience in media sales and management. See all Right-Center sources. [131], GateHouse publishes seven daily, 11 weekly and 13 shopper newspapers in Texas:[1], List of newspapers owned by GateHouse Media. The strategies and lessons learned during development 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. So far, eight have left. GateHouse's largest weekly newspaper market is Massachusetts, where it owns more than 100 titles in and around Boston. The organisation's Center for News & Design . 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. This page was last edited on 15 December 2022, at 09:36. Net income of $26.7 million rose 64% from$16.3 million a year ago, surpassing analysts' expectations of $14.1 million. GateHouse Media is the largest publisher of locally-based print and online media in the United States. It's the Little Things that Make the Difference! 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. Our tracking data currently support major global logistic operators creating transparency. ), Iris Chyi, a professor at the University of Texas School of Journalism, expressed concern that the newspaper business was in fewer corporate hands. If you're already a paid subscriber, please sign-in. 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. [33], On January 28, 2019, it was announced that GateHouse Media had acquired the publishing division of Schurz Communications including The Herald-Times in Bloomington, Indiana, South Bend Tribune in South Bend, Indiana, and other papers in Clay, Lawrence, Monroe, Morgan, Orange, Owen, and Putnam counties in Indiana. Mr. Reed said. Advertising and paid subscriptions generate revenue. Dix Communications operates in northeastern and east-central Ohio, including more than 30 daily and weekly newspapers. JOB DETAILS. MBFC Credibility Rating: HIGH CREDIBILITY. Newspaper Chain, Targets Inefficiencies, https://www.nytimes.com/2019/11/19/business/media/gannett-gatehouse-merger.html. Pressed to say more, Mr. Reed added: I cant give you an exact number, but almost nothing. The sale includes the central Massachusetts media properties, Worcester Magazine, The Landmark, baystateparent Magazine, Leominster Champion, Millbury-Sutton Chronicle, and the Grafton News. GateHouse Media This project is telling stories about the South, from the South What stories do you expect to read about the South? Earlier this year, it fended off a takeover attempt by MediaNews Group, a company controlled by the hedge fund Alden Global Capital. GateHouse is anticipated to spend a sizeable amount of time and resources on the initiative. GateHouse Media's human resources department has a direct impact on the work environment. Corporate Crossings Office Park 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. So its a small number, relative to 24,000. To inquire about group subscriptions or an enterprise site license for your firm, contact Customer Service. Penny Abernathy, a journalism professor at the University of North Carolina who has studied the decline of newspapers, said layoffs were all but guaranteed. The merger,. Instead of being billed for the additional Premium . The developer provided this information and may update it over time. Louis added that the two companies are a strong "cultural fit.". Media executive Paul Bascobert has been named chief executive of the combined . We also rate them High for factual reporting due to proper sourcing and a clean fact-check record. But financial turmoil including the continued loss of print advertising dollars and 2016s aborted attempt to acquire the media company now known as Tribune Publishing has proven to be an obstacle in Gannetts quest to remake itself. New Media shareholders will own 50.5% of the combined company, while Gannett shareholders will own 49.5%. 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. Plaintiffs assert GateHouse Media reduced the length of the newspaper subscriptions to account for the $2 magazine surcharge. 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. Likewise, GateHouse has faced similar challenges. See "Subscription Support" in the app's Settings for more details and customer service contact information. Subscriptions to newspapers, including computerized on-line ordering services in the field of newspaper subscriptions and Owned by: GATEHOUSE MEDIA MASSACHUSETTS I, INC. Great communication with me. Gannett resisted MediaNews Groups bid to buy it earlier this year. Privacy Policy. Ask a Lawyer. 02/04/2016 12:57 PM EST. 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. We look at the big picture and tailor each plan to meet your goals and objectives including the budget. 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. Do we need two people covering the Rochester Red Wings? he asked, referring to the minor-league baseball franchise. 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. INVESTING time listening is time well spent. Over the next two months, the plan breezed through the regulatory process, winning approvals from the Justice Department and the European Union. Gatehouse Media Ltd Warrington . Marie, MI: Local & World News, Sports & Entertainment in Sault Ste. Etiam ultrices scelerisque enim, id interdum leo mollis sit amet. 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. "We all pray that it works," said Nancy Whitmore, professor of communication at Butler University in Indianapolis, and an expert on media economics. 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.. Under that brand, the company has won several Pulitzer Prizes, expanded its investigative reporting and shared journalism resources. Etiam ultrices scelerisque enim, id interdum leo mollis sit amet. Anyone can read what you share. Gatehouse publishes 144 daily newspapers across the country. Click to read The Geyser Hot Takes & Deep Thinking on the Info Economy, by Kent Anderson, a Substack publication. Its parent company, New Media Investment Group, merged with Gannettin 2019. 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. By adamg - 8/5/19 - 4:39 pm. GateHouse would be the nominal survivor, with New Media Investment Group's CEO, Mike Reed, becoming CEO of the merged company. *Offer extended only new digital advertisers. [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. Read our profile on the United States government and media. But, obviously, peoples a part of this as well. 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. The Guild would fight me on that, and say, We should do business like its 1950, Mr. Reed said, adding, I frankly think the Guilds a big problem, and until we can get them to sit at a table and have a real discussion about where the world is today, theres going to be inefficiencies., Douglas Arthur, an analyst at Huber Research Partners, questioned Gannetts approach, noting that New Media Investment Group and Gannett had missed revenue projections in the most recent quarter. We are integrally involved in all parts of planning and execution and take a big picture approach to our clients' needs.
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