It's Secure. New Media is well positioned to take advantage of more great acquisition opportunities at attractive valuations in 2017. Its the remaining family newspaper companies, like the 119-year-old Dix Newspapers, that are taking the money and exiting the business. Average Gatehouse Media Massachusetts I Inc Salary. Just since the beginning of the year, numerous GateHouse papers have cut more newsroom staff in the single digits at smaller newsrooms as far-flung as the Springfield (Ill.) Register, Lakeland (Fla.) Ledger, Erie (Pa.) Times and Quincy (Mass.) New Media Investment Group Inc., the parent of GateHouse Media, is buying Gannett Co. in a cash-and-stock transaction, the companies said Monday. The two sides ultimately reached a settlement, which was approved June 28 by Norfolk Superior Court Judge Diane Freniere. 552 (Freedom of Information Act), Up to three-quarters of the $800 billion in disbursed PPP funds flowed to business owners instead of workers, study finds. Attorney James Simpson, who represented the carriers, will get $141,652. Gatehouse Media employees attributed a compensation and benefits rating of 2.5/5 stars to their company. How much does Gatehouse Media in the United States pay? saved to your. None of the information on this page has been provided or approved by Gatehouse Media Massachusetts I Inc. The Nieman Journalism Lab is a collaborative attempt to figure out how quality journalism can survive and thrive in the Internet age. 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. Nearby homes similar to 107 Gatehouse Dr have recently sold between $330K to $434K at an average of $155 per square foot. We don't just need solutions; we need the courage to imagine they will succeed, and the collective will to make them happen. Media Nation is published under a Creative Commons Attribution- Noncommercial- Share Alike 4.0 United States License. They can, instead though, turn their eyes to another visitor to Trumps tower, one month after Softbanks Masayoshi Son. and can be safely. Contact Information. Doctor, K. (2017, Feb. 23). This employer has not claimed their Employer Profile and is missing out on connecting with our community. 370 Jay Street, 7th Floor Try searching for similar jobs, similar companies, or nearby cities. The material on this site may not be reproduced, distributed, transmitted, cached or otherwise used, except with the prior written permission of Advance Local. Now, backed with a further $130 million in raised equity, CEO Mike Reed said Tuesday the company intends to buy more. 3 Beds. GateHouse Media Inc., which owns over 400 community newspapers and hundreds of local websites, is restructuring its $1.2 billion debt in a prepackaged Chapter 11 bankruptcy filing. Salary information comes from 164 data points collected directly from employees, users, and past and present job advertisements on Indeed in the past 36 months. new metro-oriented change Knight-Lenfest grant, the GateHouse method works in the short-term, Nieman Foundation for Journalism at Harvard University. A leadership void in newspaper companies has opened up local journalism further to private equity firms looking to vacuum out profits. Meet the first-ever artificial intelligence editor at the Financial Times. It does, however, manage and control New Media, an investment vehicle it created out of GateHouse Medias 2013 $1.2 billion bankruptcy. GateHouse is the acquiring . According to court documents, the settlementis scheduled to be finalized on Aug. 1. At best, GateHouse puts together a cluster of newspapers best for cost-cutting efficiency and consolidation and takes over a newer printing operation that it can use for centralized, again more cost-efficient, publishing. How much are their once-robust newspapers, especially across the kinds of heartlands that New Media serves, helping them separate fact from fiction? The size of each drivers settlement will be based on the number of weeks the carrier worked for the Patriot Ledger between September 2008 and November 2015. On Jan. 12, Randall Stephenson, CEO of AT&T and would-be acquirer of CNN through its in-progress Time Warner purchase, paid a visit. Similar Businesses Nearby Try searching for similar jobs, similar companies, or nearby cities. {{cite web The Reverse Scooby-Doo theory of tech innovation comes with the excuses baked in, How will journalists use ChatGPT? *Update:I have learned that the proposed settlement pertains to most but not all GateHouse Media papers in Eastern Massachusetts. Their customer service department is deplorable. Theres rich irony here: The retirement funds of those in the news industry, among many others, helps fund these New Media takeovers, which in turn result in more job cutbacks and the thinning of journalism in communities from coast to coast. Los Angeles Times correspondent Matt Pearce shared his thoughts on the pay package on Twitter. Businesses who took out these loans could spend the borrowed sum on: Federal authorities are aggressively targeting individuals and companies for PPP loan fraud. We, Yahoo, are part of the Yahoo family of brands. GateHouse Media is the largest publisher of locally-based print and online media in the United States. GateHouse Media, Pittsford (town), New York. The settlement does not require GateHouse to change its practices regarding how it pays, classifies or treats the drivers. 552a (the Privacy Act) and is published unmodified, as provided by the SBA. 4 Mar. Accessed March 4, 2023. https://www.niemanlab.org/2017/02/newsonomics-softbank-fortress-trump-and-the-real-story-of-gatehouses-boundless-ambition/. Our tracking data currently support major global logistic operators creating transparency. If you have any questions, please contact Sandy MacFarlane or Derek Vozzella at 781-826-6505. And if youre the CEO of one of the chains, youre probably far more interested in the increased chances of cross-ownership. In the laissez-faire regulation environment taking shape under Trump, newspaper publishers and local broadcasters may well for the first time be able to combine their enterprises. | work = [[Nieman Journalism Lab]] And Ian Donnis of Rhode Island Public Radio writes that GateHouse continues to hack away at The Providence Journal, and that layoffs may be coming. The cost is $5 a month. Disclosure would be clearer and more prominent than it had beenpreviously. Nieman Journalism Lab. Sort by. Community Development and Municipal Inspections, Center/Sylvester School Building Committee, WaterSmart MS4 Sediment and Erosion Control Poster. Most prominent among those premium publications was Lens, an advertising vehicle published several times a year that was delivered along with GateHouse papers. Checks are supposed to be sent out within 60 days of the settlements effective date. Save my name, email, and website in this browser for the next time I comment. }}, To promote and elevate the standards of journalism, Covering thought leadership in journalism. Newsonomics: Here are 10 storylines well be talking about into 2017, Newsonomics: The financialization of news is dimming the lights of the local press, the financialization of the ownership of American dailies, The newsonomics of the new Chattanooga (Events) Choo-Choo, New Media CEO Mike Reed and COO Kirk Davis, Tribune gets Troncked: A readers guide to the Tribune/Gannett war, Newsonomics: The new Knight-Lenfest initiative gives a kick in the pants to Americas metro newspapers. Where does the acquisition money come from? Patriot Ledger. Gatehouse Media Partners. In the satellite business, we develop our test and verification capabilities in close cooperation with leading satellite operators, and to support this path we are looking for software developers that master complex communications scenarios. They were approved on 05-05-2021 by the SBA for an amount of 535000 USD. For Fortress, newspapers now a classic distressed industry offered a chance for good profit, using the reliable roll-up-and-cut methodology at the root of its industry. Mon Thurs: 08.00 16.00 For that work, it gets paid, and well do that math below. Some rights reserved. Although GateHouse, based in Pittsford, New York, has agreed to stop labeling Lens as a premium publication for which subscribers mustpay extra, it wouldcontinue that practice with other publications, which would cost about $2 in the form of shortened subscriptions. SOLD FEB 15, 2023. GATEHOUSE MEDIA MARYLAND HOLDINGS INC is a Corporation located at Hagerstown, MD with 54 employees. Its more than that though. From the time I learned about it, I was astounded that GateHouse would go to the trouble of hitting subscribers with an activation fee and charging them for publications they hadnt asked for and didnt want. Find company research, competitor information, contact details & financial data for Gatehouse Media Massachusetts I, Inc. of Beverly, MA. Just click here to sign up via Patreon. The parent company of GateHouse Media earlier this month announced plans to buy Gannett in a $1.38 billion deal, which would make the company the largest newspaper publisher in the country. Those numbers may have knocked about 4 percent off the share price this week. The data presented on this page does not represent the view of Gatehouse Media Massachusetts I Inc and its employees or that of Zippia. Its interesting that Gannett never declared bankruptcy but it is Gatehouse that is buying them, noted Ken Doctor, whose Newsonomics column predicted the deal would be unveiled on Monday. Lets be clear: Management determines how much journalism their journalism companies actually produce. Though GateHouses strategy makes a huge difference to the millions of people in the communities its newspapers serve, the likelihood of any new political, Trump-related pressure on this local press seems small. It invokes, Finally, when you commit a PPP loan scam, you violate. New York Observer, 5/15/2015, Dan Kennedy exercises the bloggers imperative to bloviate beyond his expertise. Fysisk lag FPGA udvikler / FPGA Developer. GateHouse continued to fight the suit, arguing that federal law preempted state law on this issue. | title = Newsonomics: Softbank, Fortress, Trump and the real story of Gatehouses boundless ambition 2.5 Baths. How much does Gatehouse Media - Administrative Assistance in the United States pay? Is NORTHSTAR SPECIAL SERVICES, INC a Scam? Email this Business. GateHouse Media to condense 50 weekly Massachusetts newspapers into 18. Salaries, bonuses, commissions, wages (maximum $100,000 per annum per employee), Employee allowances (sick leaves, medical, parental, and vacation pay), The first charge would be wire fraud. Now it becomes part of an even larger portfolio, as Softbank emerges, post-acquisition with about $170 billion in managed assets. Nearby Recently Sold Homes. Softbank the Tokyo-based company best known for its investments in Sprint, Alibaba, Yahoo Japan, and online lender SoFi indeed will pay $3.2 billion for Fortress. . The low-cost (and potentially free) funds offered under the PPP have proven to be attractive not only to struggling businesses, but also to larger companies and scam artists. GateHouse, according to the proposed settlement, denies any wrongdoing on its part but agreed to the settlement based on the risks and potential cost of the litigation and the benefits of the proposed Settlement. Kirk Davis, GateHouses chief executive officer, declined to comment. Its the cutbacks at the smaller papers the roots of the pre-Fortress GateHouse chain that may be most telling. Gatehouse Media, LLC CLAIM THIS BUSINESS. . We have maintained our "country town" atmosphere over the years, yet combined it with the convenience of shopping malls, light industry, and, of course, technology. Stay up-to-date on the latest best practices, tips & tricks, e-books, infographics, and other marketing resources to help grow your business. Please note the following public holidays in Denmark are excluded from normal service hours. User experience and cybersecurity . While Fortress doesnt own NEWM, its management drove the companys astounding growth after the GateHouse bankruptcy in 2013. Please contact usif you find an error in the database. Enter your email address to follow this blog and receive notifications of new posts by email. User experience and cybersecurity are paramount for us. The company reported a more-than-50-percent drop in both net income and earnings-per-share for 2016. GateHouse has hired a third-party firm to administer the settlement. Help advance the Nieman Foundations mission to promote and elevate the standards of journalism, 2023 by the President and Fellows of Harvard College. The lawsuit, brought on behalf of two GateHouse newspaper subscribers byKurtzman Carson Consultants, claimed that GateHouse violatedMassachusetts law by failing to disclose its subscription policies adequately. Word of an overall 4.6 percent budget cut across the chain is rifling through company. GateHouse's largest papers include such familiar titles as the Patriot Ledger of Quincy, the MetroWest Daily News of Framingham, and the Enterprise of Brockton. Photo of Donald Trump and SoftBank CEO Masayoshi Son at Trump Tower December 6, 2016, by AP/Andrew Harnik. View customer complaints of GateHouse Media, Inc, BBB helps resolve disputes with the services or products a business provides. As we have discussed earlier, GATEHOUSE MEDIA MARYLAND HOLDINGS INC received a substantial amount of money through the SBA program. The authorities have been rather vigilant in finding people who committed, Yes. By Dan Kennedy The press, politics, technology, culture and other passions. Under the agreement, subscribers may receive a refund or have their subscriptions extended if the proposed settlement is approved in Superior Court. A free inside look at Gatehouse Media salary trends based on 47 salaries wages for 40 jobs at Gatehouse Media. The nations largest newspaper chain just got a whole lot bigger. The community relies on everyone sharing. Nieman Journalism Lab. Our model gets smarter over time as more people share salaries on Glassdoor. GateHouse Media, Inc. (NYSEARCA:NYSEARCA:GHS) Q2 2008 Earnings Call August 8, 2008 10:00 AM ETExecutivesMark Maring - Investor RelationsMichael E. Use of and/or registration on any portion of this site constitutes acceptance of our User Agreement, Privacy Policy and Cookie Statement, and Your Privacy Choices and Rights (each updated 1/26/2023). If you have any questions about job openings, please dont hesitate to contact HR Manager Claus Svendsen at +45 2329 6207. NOTE: Legal ads as written by each board/committee will still be submitted to Gatehouse Media by the individual board/committee- this change in payment policy effects only the billing ("Bill to: ") aspect of the legal advertising process. If you think GATEHOUSE MEDIA MARYLAND HOLDINGS INC has done something nefarious, then report them here using the review box at the bottom of the page. Box 779 Worthington, OH 43085 614-406-5651 info@gatehousemediapartners.com . .css-r1m4lw{background-color:#20262e;border-radius:50%;}.css-r1m4lw > svg > path{fill:#fff;}Add your salary. (CEO Mike Reed explained that drop by pointing to the outsized $43 million gain the company made on its Las Vegas sale in 2015.) GateHouse Igniter A/S: DK41395281, Find more information about GateHouse Martime on the website, Find more information about Gatehouse Satcom on the website, Find information on contacting Board and Management members. GateHouse experiences a growing interest in our capabilities in all markets, and we seek new talents to support this growth. 2.3. New York Times CEO Mark Thompson sparred with Trump on his year-end call, but Newtons point is right on: There are CEOs of major media companies (and companies that own media companies) employing many tens of thousands of workers who are being called dishonest. Mark Batten, an attorney for GateHouse, said he was not allowed to comment on the settlement. " Good people and good clients" (in 3 reviews) "They let certain employees who were known for bad management slide by." (in 5 reviews) " Bad pay, low morale, hard to move upwards" (in 3 reviews) The rest of the money will be split among the drivers who submitted claim forms. GateHo For the first time in nearly 35 years, The Florida Times-Union is under new ownership. Even a single PPP loan fraud case might involve multiple criminal laws. Gatehouse media publishes two daily newspapers, two weekly publications, and one monthly and one bi-monthly magazines in Rhode Island. Language. (CET during winter and CEST during summer). A year ago I wrote about the Lens ployhereand here. Meanwhile, David Harris recently reported in the Boston Business Journal that GateHouse was laying off 49 people at its Framingham facility as it consolidated print operations. Find company research, competitor information, contact details & financial data for Gatehouse Media Oklahoma Holdings, Inc. of Ardmore, OK. Get the latest business insights from Dun & Bradstreet. Address. As tax-payers, we need to hold businesses accountable and ask serious questions. Top . Gannett, the owner of the Argus Leader in Sioux Falls, USA TODAY and more than 100 local newspapers in the United States, has agreed to merge with GateHouse Media, the owner of two South . Terms and Conditions: Past due accounts are subject to interest at the rate of 18% per annum or the maximum legal rate (whichever is less), These amounts were reported to the SBA by the company. Thats a better performance than its peers. New Users. | accessdate = 4 March 2023 Gatehouse Media. It believed in its methods to cut costs by replacing inconsistent management. The not-very-helpful text of the notice: To learn more about the proposed class action settlement in the Steven Keenholtz, M.D., et al. The math adds up to about a $9,000 cut for some employees. View and pay your monthly statements online for FREE when you pay by e-check (ACH), from your checking or savings account. Copyright 2008-2023, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc. Please support this free blog by becoming a member of Media Nation. Boston Globe, 11/30/2008. Nieman Foundation for Journalism at Harvard, 23 Feb. 2017. Based on her account, delivery was started on 6/26/22 and . This significant and troubling story described the merger of Gannett GateHouse Media, a . Gatehouse Media Massachusetts I Inc in Fall River, MA received a Paycheck Protection Loan of $387,500 through HSBC Bank USA, National Association, which was approved in April, 2021. Is there a future for video games journalism? Nieman Journalism Lab. A Massachusetts Appeals Court has ruled that newspaper carriers for Gatehouse must be classified as employees, not independent contractors. GateHouse Holding A/S: DK12948700 GateHouse Group A/S: DK43302078. COO Kirk Davis isn't far behind Reed. Visit Website. King died while the lawsuit is ongoing, and the administrator of his estate, Suzanne Carey, replaced King as the named plaintiff. Many of GateHouse's Massachusetts papers are venerable, stretching back several . Both CEO Mike Reed and CFO Greg Freiberg draw their compensation from Fortress; COO Kirk Davis is a New Media employee. What do they think they know? In some cases, GateHouse has encircled these family operations, and then offered just enough to close a sale. GateHouse Media. Given a better 2015, it generated $39.7 million total in 2015 and only $5.7 million in 2014. There was a lot of talk about limiting newsroom layoffs when GateHouse Media bought Gannett at the end of 2019. Instead of being billed for the additional Premium . (Tronc stands at about $500 million, Lee Enterprises at $145 million, A.H. Belo at $135 million, and McClatchy at $89 million.) Your trust is our top concern, so companies can't alter or remove reviews. Overall Benefits Rating.css-11cfy92{color:#0caa41 !important;}.css-11cfy92{color:#0caa41 !important;}3. Launched in March 2020 in response to the economic uncertainty that was triggered by the novel coronavirus (COVID-19) pandemic, the PPP made hundreds of millions of dollars in federal funding available to businesses struggling as a result of the pandemic. view full report. Please be aware that listing the correct mailing address for all Applicants is essential to avoid delays in the public hearing process. Glassdoor has salaries, wages, tips, bonuses, and hourly pay based upon employee reports and estimates. What do voting Americans know? New Media will pay $6.25 in cash and 0.5427 New . One takeaway: The greatest likelihood coming out of the Fortress sale, at least in the short term, is steady as she goes. President and Fellows of Harvard College, unless otherwise noted. | date = 23 February 2017 There is a significant gap between what Gatehouse Media Massachusetts I Inc pays the bottom 10 percent of earners and the top 10 percent of earners. Our daily email, with all the freshest future-of-journalism news. GateHouse Maritime A/S: DK37439568 A former media critic for the Boston Phoenix, Dan Kennedy continues to write incisively about the print and digital universe at his blog, Media Nation. Residents may also make payments online by credit card for an additional fee. Interested in working in a well-consolidated company developing systems for companies all over the globe? Under the terms of the settlement, GateHouse will pay up to $425,000. Publishers may have to run two to three (or more) newspaper titles, and theyre judged not by their community participation but by the monthly revenue totals. GateHouse Group A/S: DK43302078, GateHouse SatCom A/S: DK26040299 But Fortress doesnt own New Media; its actual holding of about 74,000 shares out of New Medias 53 million amounts to less than 1 percent of the company. For those searching out nefarious conspiracy in the news media ownership world, this initial GateHouse conspiracy story may be a disappointment. At the heart of most struggles for justice is the desire for a better world. 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. It published 144 daily newspapers, 684 community publications, and over 569 local-market websites in 38 states. DK-9400 Nrresundby, United States User Rating for GATEHOUSE MEDIA MARYLAND HOLDINGS INC, whistleblowers & employees reveal that their employers have abused their funds, 5 U.S.C. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); Thanks for contacting us. Read what they think about their salaries on our Compensation FAQ page for Gatehouse Media. The Company publishes local newspaper, management structure, short biographies, and, articles, as well as offers marketing, and online . He said, "The new Gannett/Gatehouse CEO is getting $4.5 million in bonuses and stock just for walking in the door.Must be nice to be a newspaper executive." The new Gannett/Gatehouse CEO is getting $4.5 million in bonuses and stock just for walking in the door. . And with a market value of $800 million, it stands second only to Gannetts ($1 billion) among public newspaper firms. Find company research, competitor information, contact details & financial data for Gatehouse Media, LLC of Pittsford, NY. . Gatehouse Media Massachusetts I Inc Salaries, To create our salary estimates, Zippia starts with data published in publicly available sources such as the U.S. Bureau of Labor Statistics (BLS), Foreign Labor Certification Data Center (FLC). GateHouse owns numerous Massachusetts newspapers in addition to the Patriot Ledger, including the Cape Cod Times, the Worcester Telegram & Gazette, the MetroWest Daily News and the New Bedford Standard-Times. All rights reserved. while finding money to pay off debts . The court never explicitly ordered GateHouse to reclassify the drivers because the two sides reached a settlement while litigation was still ongoing. GateHouse experiences a growing interest in our capabilities in all markets, and we seek new talents to support this growth. A law enforcement officer is seen stationed outside of the Tarrant County Convention Center in downtown Fort Worth ahead of President Jimmy Carter's arrival for a luncheon on June 23, 1978. Under the settlement, GateHouse continues to deny any wrongdoing. As New Media Investment announced its annual financials Tuesday, we now have a better view of the company and its plans but before we get to that, lets pick apart that Softbank news. Defendant GateHouse Media Massachusetts I, Inc. (GateHouse), publisher of the Patriot Ledger newspaper, appeals from a separate and final judgment under Mass.R.Civ.P. Is the bloom off this fast-growing flower? A trial court judge ruled that because the drivers were doing work that was part of the ordinary course of GateHouses business, they should be considered employees. As Softbanks acquisition of New York City-based Fortress Investment Group was announced last week, it appeared, on the surface, as if the direction of more than 100 U.S. dailies would be in the hands of non-Americans. the other two being Halifax Media Group and GateHouse Media. Payment Method: UNVERIFIED. GateHouse USA Corp. Doctor, Ken. Apple News too corporate for you? 2023 DataOceans LLC for GateHouse Media. NEW YORK (AP) Just a week after announcing its $1.4 billion acquisition of Gannett, GateHouse Media was again laying off journalists and other workers at its newspapers, possibly foreshadowing the future awaiting employees of what will become the largest U.S. newspaper company.. GateHouse and Gannett say the merger will allow GateHouse to accelerate its newspapers' move to digital while . Its unclear how much stamina NEWMs investors will have for the strategy, though. All other trademarks are property of their respective owners. Get your business & brand in front of the right audience with our special offers, limited time deals, seasonal . GateHouse Media, Inc. provides publications services. Its parent company, New Media Investment Group, merged with Gannett in 2019. Newspaper delivery person David King, who worked for the Patriot Ledger in Quincy, filed the class action lawsuit in 2011 in Norfolk Superior Court on behalf of all Patriot Ledger newspaper carriers.
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