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 . Please help update this article to reflect recent events or newly available information. 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. Frustration compounded by email notices which brings one to a story but then offers no way to log in to read, just a solicitation to purchase an already purchased subscription. company to advance our expertise in applying data, content, technology, and marketing strategies to optimize our digital subscription path., Dais continued: Developing a Dix Communications operates in northeastern and east-central Ohio, including more than 30 daily and weekly newspapers. News Old Colony Memorial. The interface is designed for tablets and phones offering multiple viewing options including typical mobile views ideal for phone users. [7], On September 4, 2013, News Corp announced that it would sell the Dow Jones Local Media Group, a group of 33 local newspapers, to Newcastle Investment Corp, an affiliate of Fortress, for $87 million. [30], On April 10, 2018, GateHouse announced that it had agreed to acquire the Akron Beacon Journal of Akron, Ohio for $16 million from Black Press Group. 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. So its a small number, relative to 24,000. Facebook. GateHouse Media publishes three daily and five weekly newspapers in Georgia. This app may share these data types with third parties, Very disappointed, app doesn't remember ones log in or provide means to log in . GateHouses digital-only subscriptions rose 44% year-over-year to 174,000 in the first quarter. Extensive experience in broadcast television and out-of-home. 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. News Columbia Tribune. Follow USA TODAY reporter Nathan Bomey on Twitter @NathanBomey. 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 stock. [8], The company received notification from the New York Stock Exchange (NYSE) on August 21, 2008, that it had fallen below the NYSE's continued listing standards for average global market capitalization over a consecutive 30-trading-day period of not less than $75 million and $1.00 average closing price, and had submitted a business plan to the NYSE Regulation for coming back into compliance for continued listing. Private equity firm Apollo Global Management provided a five-year secured loan worth of $1.792 billion to help finance the deal. It's Convenient. GateHouse and Gannett have both cut newsroom employees in recent years. So thats where we potentially redeploy assets., Gannett, Now Largest U.S. "Our mission is first and foremost to serve the community as we have for more than a century," Offill said. After reviewing dozens of op-eds, we found slightly more favor a conservative perspective. GateHouse Media Inc. was an American publisher of locally based print and digital media. 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. [5] Headquartered in Downers Grove, Illinois, Liberty then expanded the network increasing the total newspapers to 330 by 2000. GateHouse Media Inc. was an American publisher of locally based print and digital media. We look at the big picture and tailor each plan to meet your goals and objectives including the budget. 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. Anyone can read what you share. Gannett's digital-only subscriptions rose 34% year-over-year to 561,000 in the second quarter. The Communications department and employees with 3 to 6 Years experience at GateHouse Media rank their Perks and Benefits the highest, while Caucasian employees and Male . Once you have created your account, sign in for full access. 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. Designed for iPad 3.7 3 Ratings; Free; Screenshots. Although print newspapers are in steep decline, Wall Street-backed companies like GateHouse Media and MediaNews Group, see them as still valuable, if distressed, assets. Traditional and digital media planner/buyer. Under that brand, the company has won several Pulitzer Prizes, expanded its investigative reporting and shared journalism resources. According to the lawsuit, certain subscribers of GateHouse Media have were billed surcharges to a premium magazine subscription, "Lens", which were inadequately disclosed. Managing Partner Traditional & Digital media planner/buyer with extensive attention to detail as it pertains to digital optimization and implementation. The Farmington Daily Times is a newspaper that serves Farmington, New Mexico, and the surrounding area. 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. Pittsford, New York, United States 1001-5000 Debt Financing Delisted www.gatehousemedia.com 79,119 Highlights Acquisitions 11 Investments 1 Exits 1 Total Funding Amount $8M Contacts 274 Employee Profiles 6 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. Gannett, which has been in the news business for nearly a century, laid off journalists all across the country earlier this year. 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. 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. *Offer extended only new digital advertisers. GateHouse -- the operating subsidiary of New Media Investment Group -- will combine with Gannett, the larger of the two companies, in a cash-and-stock deal that will be financed in part with. It listed assets of $433.7 million and debt of $1.3 billion. From a media economics perspective, more competition is always better, Ms. Chyi said. GateHouse Media, Inc. iPad & iPhone. Gannett resisted MediaNews Groups bid to buy it earlier this year. 02/04/2016 12:57 PM EST. I very much enjoyed working at Gate House. Claim your Free Employer Profile Website: www.mortontimesnews.com Headquarters: Morton, IL Size: 1 to 50 Employees Type: Company - Private Revenue: Unknown / Non-Applicable Competitors: Unknown Gatehouse Media Reviews 2.3 4 % Recommend to a Friend 5.0 Former Employee "Pagination Specialist" GateHouse Media merged with Gannett Company on November 19, 2019, creating the largest newspaper publishing business in the United States. Gannett Co., Inc. 2020. 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. Gatehouse Too much email? Pittsford, NY. Fortress was the entity that controlled New Media Investment Group, the parent of GateHouse Media. [6] It was renamed GateHouse and its headquarters moved to suburban Rochester, New York, in April 2006. However, the merged newspaper chain would take the better-known Gannett name and be based at Gannett's headquarters in McLean, Virginia. The companies estimated they can save $275 million to $300 million in annual costs within 24 months. 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.