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. The settlement Class covers persons who, between April 1, 2014 and March 21, 2017: Resided in Massachusetts; Purchased a subscription to a GateHouse Media publication from GateHouse Media; Received one or more Premium Edition publications; Were charged a surcharge for the Premium Editions; and. The parent of the nation's second-largest newspaper company, Gatehouse Media, has struck a $1.38 billion agreement to acquire USA Today publisher Gannett in a cash-and-stock deal. Filtered Search, Enter your email address to subscribe to MBFC and receive notifications of new posts by email. NLRB Subscription Updates Download NLRB Mobile App. MBFC Credibility Rating: HIGH CREDIBILITY. GateHouse Media This project is telling stories about the South, from the South What stories do you expect to read about the South? It serves more than 10 million readers every week in over 20 states through several . 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. GateHouse CEO Kirk Davis stated that the project allows the 120. Shortly after GateHouse bought The Register-Guard, the company began laying off copy editors. 2023 USA TODAY, a division of Gannett Satellite Information Network, LLC. 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 Farmington Daily Times is a newspaper that serves Farmington, New Mexico, and the surrounding area. 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. Site Map; Policies; OpenGov . [28], In February 2018, GateHouse announced the acquisition of Kirk Davis's independently owned Holden Landmark Corporation for an undisclosed sum. Gannett had nearly double as much revenue in 2018 $2.92 billion, compared with GateHouses $1.53 billion and had about double the market capitalization, as of Friday. 175 Sully's Trail, 3rd Floor In August 2019, Gatehouse Media purchased and merged with Gannett becoming the largest newspaper chain in the USA. The sale includes all of the company's publications including Worcester Magazine, The Landmark, baystateparent magazine, the Grafton News, the Millbury-Sutton Chronicle and the Leominster Champion,. Gannetts headquarters in Tysons Corner, Va. 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]. Our in-house programmatic platform allows for quick implementation, optimization and reporting. Owned by: GATEHOUSE MEDIA MASSACHUSETTS I, INC. When asked what's positive about the culture and environment at GateHouse Media, one user shared, "Driving around by my self all night". Forgot? (Mr. Serial Number: 88350534. It used to look like a real paper. As the new CEO in charge of the combined Gannett-GateHouse entity, Bascobert is drawing upon. 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. Etiam ultrices scelerisque enim, id interdum leo mollis sit amet. newspapersand publications when it closed a $30 million deal with Schurz Communications. Anyone can read what you share. Gannett's current chief financial officer, Alison Engel, is expected to become CFO of the new Gannett. The supersize version of Gannett has a byzantine corporate structure. The project will take place over six INVESTING time listening is time well spent. Pittsford, NY 14534, http://www.gatehousemedia.com/privacy-policy/. More. RSS. Fortress owned 52% of GateHouse debt. And it feeds on itself: Subscribers go down, advertisers pay less.. He seemed aware that his stats-based approach to newsroom management was not likely to sit well with the union. Funding. Box 779Worthington, OH 43085614-406-5651info@gatehousemediapartners.com. News Old Colony Memorial. We get it. 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. 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. This page was last edited on 15 December 2022, at 09:36. 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 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. In August 2019, Gatehouse Media purchased and merged with Gannett becoming the largest newspaper chain in the USA. [19] As of April 2018, GateHouse Media was publishing 144 daily newspapers, 684 community publications, and over 569 local market websites in 38 states. GateHouse's 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. Print advertising revenue has plummeted, and the money publishers have made from digital advertising has fallen short of what newspapers used to bring in from print ads. [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. billing (and, if applicable, discontinue receiving a paper bill) for this GateHouse Media subscription or account, including the authority to agree to the Electronic Billing Terms and conditions . GateHouse experiences a growing interest in our capabilities in all markets, and we seek new talents to support this growth. If there is a way to log in, they are keeping it very well hidden. Email Address: Newsletters and Marketing Resources Stay up-to-date on the latest best practices, tips & tricks, e-books, infographics, and other marketing resources to help grow your business. "We all pray that it works," said Nancy Whitmore, professor of communication at Butler University in Indianapolis, and an expert on media economics. [4] History [ edit] Liberty Group Publishing [ edit] Readers can enjoy all the stories, photos and ads exactly as presented in print. 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. When . *Offer extended only new digital advertisers. Mr. Reed and Mr. Bascobert, who spoke with The New York Times at the USA Today office in Midtown Manhattan, said the savings they had in mind amounted to 8 percent of annual costs. Earlier this year, it fended off a takeover attempt by MediaNews Group, a company controlled by the hedge fund Alden Global Capital. Thats the engine that has gotten us to the place we are today, and thats the engine thats going to carry us forward.. The GateHouse Media corporate strategy continues to focus on acquiring and operating traditional local media businesses and transforming them from print-centric operations to multimedia operations. GateHouse Media, Inc. Bias Rating: RIGHT-CENTER Gannett Co., Inc. 2020. Etiam ultrices scelerisque enim, id interdum leo mollis sit amet. Media executive Paul Bascobert has been named chief executive of the combined . [4] History Liberty Group Publishing Ut a nunc porta, congue dui sed, eleifend nunc. Also Monday, Gannett reported that its revenue fell 9.6% in the second quarter, compared with a year earlier, to $660.3 million. 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. They are super efficient and cover a lot of area. News Erie Times News eEdition. 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. [6] It was renamed GateHouse and its headquarters moved to suburban Rochester, New York, in April 2006. Their mission is to make learning to read accessible, enjoyable and, above all, age-appropriate. 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. Managing Partner A creative problem solver with 29 years experience in media sales and management. Management also welcomed new ideas, inclusion on projects that would expand your knowledge, experience and confidence.. Cons. GateHouse Media is a publisher of locally based print and online media. 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. Marie, MI: Local & World News, Sports & Entertainment in Sault Ste. As a subscriber, you have 10 gift articles to give each month. Employees rate their environment a D and are not so happy at GateHouse Media. Our tracking data currently support major global logistic operators creating transparency. Total Settlement Amount: Class Representative Proposed Incentive Fee: $2,000 New Media Investment Group, a publicly traded company with headquarters near Rochester, N.Y., has put money into journalism through GateHouse Media. TJR . They report local news with minimal loaded emotional language Flora Vista couple arrested, accused of child abuse. This Groupon is valid for the following publications: The Enterprise, which serves the Brockton area seven days a week (a $241.80 value). 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. 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. Gannett has been a sought-after property. Analysis / Bias Faced with problems, it downsized to 270 by June 2005. They often publish factual information that utilizes loaded words (wording that attempts to influence an audience by appealing to emotion or stereotypes) to favor conservative causes. 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.. For more information, see the developers privacy policy. However, the merged newspaper chain would take the better-known Gannett name and be based at Gannett's headquarters in McLean, Virginia. Etiam ultrices scelerisque enim, id interdum leo mollis sit amet. 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. It listed assets of $433.7 million and debt of $1.3 billion. Ask a Lawyer. Gatehouse re-emerged from the planned bankruptcy in November 2013. "Our mission is first and foremost to serve the community as we have for more than a century," Offill said. GateHouse Media's business model is to be the preeminent provider of local content and advertising in the small and midsize markets. News Marshfield Mariner eEdition. Website. Apply. Private equity firm Apollo Global Management provided a five-year secured loan worth of $1.792 billion to help finance the deal. After the merger, the companies retained the Gannett name. 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. GateHouse Media, LLC November 4, 2022 You will need to link your app purchase in order to have full access to our app. Media Type: Newspaper [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. GateHouse Media owner and Detroit Free Press owner Gannett have agreed to merge in a deal aimed at cutting costs and enabling digital growth. Adelson's News + Media Capital Group, the formal name for the Review-Journal, will continue to benefit from Gatehouse's greater purchasing power for newsprint and ink. 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.. I rely on the digital for backup if I can't retrieve the delivered newspaper or traveling without the printed version. Dix Communications operates in northeastern and east-central Ohio, including more than 30 daily and weekly newspapers. [34] That same year, it acquired the New Jersey Herald in Newton, New Jersey, from Quincy Media.[35]. Erie Times-News Closed: Connect With NLRB. (adsbygoogle = window.adsbygoogle || []).push({}); Ad-Free Login GateHouse Media publishes 145 daily publications. Anyone can read what you share. Traditional and digital media planner/buyer. Its publications reach 22 million people weekly. Factual Reporting: HIGH 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. Ut a nunc porta, congue dui sed, eleifend nunc. 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" They are looking out for our best interest. Ad-Free Sign up 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. Its parent company, New Media Investment Group, merged with Gannett in 2019. Facebook. On Friday, Boston Herald publisher Patrick J. Purcell told staff that GateHouse Media LLC would acquire The Herald and its assets for $4.5 million in cash, subject to court approval. Now I have one new article and the rest are a couple of months old. Gannetts publications include the Detroit Free Press, Arizona Republic, Indianapolis Star and Milwaukee Journal Sentinel. 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. The company's nine-member board will consist of five directors from New Media, three from Gannett, and New Media's current lead director, Kevin Sheehan. Select which emails and offers you wish to receive. Area newspapers to keep same owner, but with new name. GateHouse Media is the largest publisher of locally-based print and online media in the United States. Not everyone can say that. [20] In February 2015, GateHouse purchased Stephens Media, which published newspapers mainly in Arkansas and Nevada, for $102.8 million. New Media shareholders will own 50.5% of the combined company, while Gannett shareholders will own 49.5%. 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. Twenty-five percent of newsroom employees were laid off between 2008 and 2018, according to the Pew Research Center. 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. These media sources are slight to moderately conservative in bias. How do you get that version back. 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 . Lorem ipsum dolor sit amet, consectetur adipiscing elit. In the restructured plan, Gatehouse stock was cancelled and a new holding company for the parent, New Media Investment Group, Inc., was formed. [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. Corporate Crossings Office Park GateHouse's digital-only subscriptions rose 44% year-over-year to 174,000 in the first quarter. Question: Add details. daily-times.com serves as the online domain for the newspaper. Gatehouse Media Profile and History . Another large newspaper chain, MediaNews Group, is owned by a hedge fund, Alden Global Capital. Further, Gatehouse will. Mr. Reed said he would make newsroom decisions with the help of data that tracked reader interest and the output of journalists. Its parent company, New Media Investment Group, merged with Gannett in 2019.[4]. If you feel your login credentials are being used by a second . 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. The Fosters Daily Democrat 'eEdition' is an exact digital replica of the printed newspaper. 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. Subscriptions to newspapers, including computerized on-line ordering services in the field of newspaper subscriptions and Owned by: GATEHOUSE MEDIA MASSACHUSETTS I, INC. Gatehouse is a specialist publisher of reading books and teaching resources for adults who are developing their basic reading or English language skills. [130] On October 26, 2017, Gatehouse media acquired Edward A. Sherman Publishing that included a daily newspaper, a commercial printing division, and three monthly publications based out of Newport. Likewise, GateHouse has faced similar challenges. Having a magazine that highlights the treasures in the Worcester area is a joy. Gatehouse Media Partners digital department has given our clients a competitive advantage in this now tradigital landscape. GateHouse . [7] On October 23, 2007, GateHouse announced the purchase of 14 daily newspapers and other publications from Morris Communications. We rolled out meters for digital subscriptions in 15 new markets in the quarter and now . [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. Lorem ipsum dolor sit amet, consectetur adipiscing elit. [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. Or call 1-800-MY-APPLE. GateHouse consolidated some business functions at a center in Austin, Texas, resulting in layoffs elsewhere, and laid off more than 100 newsroom employees in the spring. 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. your email inbox A complete list of home-delivery service areas is available here. GateHouse Media publishes three daily and five weekly newspapers in Georgia. Data privacy and security practices may vary based on your use, region, and age. Get it for FREE in the App Store Disclaimer: . The merger,. In January 2015, GateHouse purchased the 36 newspapers of the Halifax Media Group for $280 million. 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 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. Based in Pittsford, New York, GateHouse Media is one of the largest publishers of local-market print and digital media in the U.S. JOB DETAILS. If you're already a paid subscriber, please sign-in. To inquire about group subscriptions or an enterprise site license for your firm, contact Customer Service. On September 27, 2018, GateHouse Media announced the acquisition of The Oklahoman Media Company, parent company of The Oklahoman, which is the state's largest daily newspaper, for an undisclosed amount from The Anschutz Corp. Free to qualified media, marketing and advertising professionals. [26], In October 2017, GateHouse acquired Edward A. Sherman Publishing Company, parent of The Newport Daily News. Great communication with me. GateHouse Media Inc. was an American publisher of locally based print and digital media. In recent years, GateHouse Media has shrunk newsrooms while pursuing shareholder value, in part by consolidating operations in regional hubs and merging newspapers. 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. 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. 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. 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. [9], By 2013, GateHouse Media grew, operating in 330 markets across 21 states, but they found themselves in a debt situation that would prohibit future growth. Paul Ameden, CIO; Pressed to say more, Mr. Reed added: I cant give you an exact number, but almost nothing. Morale was typically high, work is appreciated and bosses encourage suggestions for improvement.