370 Jay Street, 7th Floor Gatehouse Media Massachusetts I Inc pays $19.89 an hour, on average. What do voting Americans know? If you have any questions about job openings, please dont hesitate to contact HR Manager Claus Svendsen at +45 2329 6207. The parent of the nations 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. Gannett, which publishes USA Today, owns just over 100 newspapers while New Media Enterprises, GateHouse Media's parent company, owns nearly 400 American newspapers across 39 states. 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. Over the weekend, Knight Foundation veteran Eric Newton asked a profound question on Twitter: Have news media CEOs said anything about a president who loudly accuses their people and companies of dishonesty?. The reality of the Fortress sale, though, is both less sensational and more impactful. Discounts, Offers and Advertising Opportunities. At the heart of most struggles for justice is the desire for a better world. authenticate users, apply security measures, and prevent spam and abuse, and, display personalised ads and content based on interest profiles, measure the effectiveness of personalised ads and content, and, develop and improve our products and services. It published 144 daily newspapers, 684 community publications, and over 569 local-market websites in 38 states. Doctor, K. (2017, Feb. 23). To be sure, theres a chill in the air, and courage isnt easy to come by. Average GateHouse Media salaries by department include: Marketing at $133,822, Business Development at $140,035, Legal at $156,143, and Finance at $88,443. Whats clear, though, is that the company plans to extend its strategy buy more papers, monetize those readers better through Propel and other initiatives, and continue to cut, cut, cut those newsroom staffs. We look for new software developers to build new tracking features for the maritime industry. Based in Pittsford, New York, GateHouse Media is one of the largest publishers of local-market print and digital media in the U.S. In this ever-toughening local newspaper environment, even New Media Investment Group walks a thin tightrope, further proving that single-class public companies serve the needs of transitioning news efforts poorly. | date = 23 February 2017 | url = https://www.niemanlab.org/2017/02/newsonomics-softbank-fortress-trump-and-the-real-story-of-gatehouses-boundless-ambition/ 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. We are hiring continually as the right candidates appear. Hanover was established in 1727, a little over 100 years after the Pilgrims landed in Plymouth, 17 miles to our south. Community Rules apply to all content you upload or otherwise submit to this site. SOLD FEB 9, 2023. Some rights reserved. Given the presidents promotion of CNN into the ranks of very fake news and his senior advisor Jared Kushners recent brash critique of the station to Time Warner execs, thats a different sort of handshake to watch. If you have any questions, please contact Sandy MacFarlane or Derek Vozzella at 781-826-6505. 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. We are looking for both new graduates and experienced developers. "Newsonomics: Softbank, Fortress, Trump and the real story of Gatehouses boundless ambition." King died while the lawsuit is ongoing, and the administrator of his estate, Suzanne Carey, replaced King as the named plaintiff. An ominous merger of the nation's two largest newspaper chains was buried in the business pages this week. What do they think they know? The Nieman Journalism Lab is a collaborative attempt to figure out how quality journalism can survive and thrive in the Internet age. New Users. As recently, as three weeks ago, New Media bought five daily Dix newspaper properties in northeastern Ohio. That fact shows up in the fact that on Tuesday, NEWM could report a 2016 overall revenue decline of only 2.5 percent for same store (that is, excluding the contribution of newspapers newly acquired) revenue. By the terms of its agreement to manage the company, Fortress earned $19.4 million in compensation last year from New Media, based on the conventional private equity standards of a management fee of 1.5 percent of New Medias total equity and incentive compensation. Each acquisition increases that total equity, providing a compelling rationale for more buying of newspapers. Its unclear how much stamina NEWMs investors will have for the strategy, though. How much do Gatehouse Media employees make? GateHouse is the acquiring . Nieman Foundation for Journalism at Harvard, 23 Feb. 2017. After eight years of litigation, GateHouse Media will pay up to $425,000 to settle a lawsuit with its newspaper carriers, who said they were misclassified as independent contractors. *Offer extended only new digital advertisers. SOLD FEB 15, 2023. The deal will formally close by the end of 2019. | accessdate = 4 March 2023 You call them and they tell you, sure we will have the billing department call you, sure we will put a note in for the carrier to put your paper on the porch, sure we will have a manager call you . 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. President and Fellows of Harvard College, unless otherwise noted. This has led to worry of widespread fraud (and a few highly-publicized cases of fraudulent PPP loan applications), and it has forced numerous federal agencies to turn their attention to combatting PPP loan fraud. At GateHouse Media, the highest paid job is a Director of Sales at $229,702 annually and the lowest is an Editor at $34,554 annually. It calls for Gannetts shareholders to receive $6.25 in cash and 0.5427 worth of New Media shares for each share of Gannett. The merger, which would combine Gannett with Gatehouses publicly traded New Media Investment Group, was formally unveiled Monday following months of negotiations. 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), and can be safely. The legal documents in the case are posted here. However, that can change quickly, and this page allows employees, citizens and consumers to share information on GATEHOUSE MEDIA MARYLAND HOLDINGS INC they are privy to, and expose any/all wrongdoings. 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 Media, Inc. provides publications services. New Media has bought up larger papers in Providence, Columbus, Sarasota, and Worcester, plus chains of multiple dailies, including 24 from Halifax Media (the old New York Times Regional Newspaper Group), eight dailies from Dow Jones Local Media Group and six from Stephens Media. (Tronc stands at about $500 million, Lee Enterprises at $145 million, A.H. Belo at $135 million, and McClatchy at $89 million.) the other two being Halifax Media Group and GateHouse Media. According to a court filing, the settlements will range from $1.54 to $1,741.63, with an average settlement payment of $518.87. Cookie Settings/Do Not Sell My Personal Information. 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. 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. 2023. GateHouse Media. 2,097 Sq. Now, backed with a further $130 million in raised equity, CEO Mike Reed said Tuesday the company intends to buy more. Now it becomes part of an even larger portfolio, as Softbank emerges, post-acquisition with about $170 billion in managed assets. How much are their once-robust newspapers, especially across the kinds of heartlands that New Media serves, helping them separate fact from fiction? Sometimes when you connect the dots, you just get more dots. Mon Thurs: 08.00 16.00 GateHouse made a contract proposal for retroactive medical and dental increases or a corresponding pay reduction, if the employee so chooses. Gatehouse Media Massachusetts I Inc may also be known as or be related to Gatehouse Media Massachusetts I Inc. Work At Gatehouse Media Massachusetts I Inc? 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. The case went up to the Appeals Court, which ruled in 2018 in favor of the newspaper carriers. Sort by. {{cite web 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. while finding money to pay off debts . I asked New Media CEO Mike Reed and COO Kirk Davis for comment on the annual results and their 2017 plans, but received no response. Generally, worker classification impacts things like whether a company must pay for unemployment insurance and workers compensation, withhold taxes and adhere to overtime laws. Please contact usif you find an error in the database. Those numbers may have knocked about 4 percent off the share price this week. All rights reserved (About Us). Get your business & brand in front of the right audience with our special offers, limited time deals, seasonal . Locally, Gannett owns northern NJs Record and the Journal News in NYs Westchester and Rockland counties. 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. 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. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); IsItaScam.com allows you to expose any case where someone created a fictitious entity to get a loan, overstated the number of employees or size of payroll to get a bigger loan than was permitted, or misused the proceeds for something other than the authorized expenses. v. GateHouse Media, LLC, et al. Please support this free blog by becoming a member of Media Nation. 2.9 Work-Life Balance. 2.4 Culture. Get the latest business insights from Dun & Bradstreet. Our daily email, with all the freshest future-of-journalism news. New talents are needed at GateHouse. Doctor, Ken. It recently announced plans to consolidate 50 local weekly newspapers in Massachusetts into 18 regional papers. As tax-payers, we need to hold businesses accountable and ask serious questions. Is NORTHSTAR SPECIAL SERVICES, INC a Scam? His supposed promise, accompanied by the firm Trump hand on Sons shoulder: $50 billion in U.S. investment, aiming to create 50,000 jobs. Grab your popcorn: De Blasio agrees to interview with Sean Canadian teacher with size-Z prosthetic breasts placed on paid leave, Buster Murdaugh got 'very drunk' with dad 2 months after mom, brother murdered: source, What's next for Buster Murdaugh after dad's murder conviction, life sentence, Prince Harry was scared to lose Meghan Markle after fight that led to therapy, Prince Harry says psychedelics are fundamental part of his life, Inside Scheana Shay, Raquel Leviss heated confrontation about Tom Sandoval affair, Tom Sizemore And The Dangerous Burden of Desperation, Kellyanne Conway and George Conway to divorce. Gatehouse Media employees attributed a compensation and benefits rating of 2.5/5 stars to their company. Its not the only playbook out there, but its the most used. | first = Ken Gatehouse Media employees attributed a compensation and benefits rating of 2.5/5 stars to their company. New York Observer, 5/15/2015, Dan Kennedy exercises the bloggers imperative to bloviate beyond his expertise. This story has been shared 150,222 times. 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. All other trademarks are property of their respective owners. The community relies on everyone sharing. Location. As of May 31, 2019, GateHouse Media publishes 156 daily newspapers and hundreds of . When . While the companys $800 million market cap is impressive, with fewer newspaper properties, it could claim a $1.12 billion valuation in early 2015. Starting March 1, 2019, in regard to the payment of legal advertisements for public hearing notifications, Gatehouse Med Join the 60,000 who get the freshest future-of-journalism news in our daily email. The newspaper and 10 others have been purchased by GateHouse Media in a transaction that closed Monday. A world of community leadership as uneven as it really was over the decades has been quickly eroded. Find company research, competitor information, contact details & financial data for Gatehouse Media, LLC of Pittsford, NY. GateHouse Media, Pittsford (town), New York. 4 %. The nations largest newspaper chain just got a whole lot bigger. That's a pretty steep sum for a once-great paper that's now a shadow of its former self, with a daily circulation of . Often, however, whistleblowers & employees reveal that their employers have abused their funds. GateHouse Media, which owns more than 100 daily and weekly community newspapers in Eastern Massachusetts, has agreed to settle a class-action lawsuit brought over the companys practice of charging for premium publications that subscribers hadnt asked for. Get Directions. This policy change effects those Applicants with business before the Conservation Commission, Planning Board, Zoning Board of Appeals,or any other board/committee within the Dept. Instead of being billed for the additional Premium . I agree to receive promotional communication from GateHouse Media and its affiliates. YouTubes privacy policy is available here and YouTubes terms of service is available here. In fact, with Softbanks leading edge now becoming its $100 billion tech-future-oriented Vision Fund, this old-world management contract would seem to be something of a (profitable) anomaly. view full report. As with Reeds twin announcements Tuesday more acquisitions, but also more reductions in staff we see the GateHouse/Digital First Media playbook in its full application. Furthermore, GateHouse is closed on December 31. 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. Earlier this week, New Media Investment Group, parent company of GateHouse Media, announced its intention to buy USA Today publisher Gannett in a deal valued at $1.4 billion. Softbank CEO Masayoshi Son had been one of the first chief executives to make the trek to Trump Tower in December, to pay fealty to the incoming president. The Company publishes local newspaper, management structure, short biographies, and, articles, as well as offers marketing, and online . The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. A year ago I wrote about the Lens ployhereand here. Town of Hanover 550 Hanover Street, Hanover, MA 02339 781.826.5000Statement on Community InclusivenessWebsite Disclaimer Hours & Directions SubscribeGovernment Websites by CivicPlus . 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. The material on this site may not be reproduced, distributed, transmitted, cached or otherwise used, except with the prior written permission of Advance Local. Whats the best way to follow how the news is changing? 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. The math adds up to about a $9,000 cut for some employees. Have news media CEOs said anything about a president who loudly accuses their people and companies of dishonesty? Please note the following public holidays in Denmark are excluded from normal service hours. 2.4 Management. The money was extracted by shortening the length of Recommend to a Friend. Try searching for similar jobs, similar companies, or nearby cities. Nearby Recently Sold Homes. Even a single PPP loan fraud case might involve multiple criminal laws. 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. Heres another: All information displayed on this page is publicly available information under PPP loan guidelines, in compliance with 5 U.S.C. DK-9400 Nrresundby, United States Last modified February 23, 2017. 4 likes. Clear. Thats a lot of new potential profit and another potential reason for news industry leaders to keep their mouths shut. Submit Tip, GATEHOUSE MEDIA MARYLAND HOLDINGS INC claimed to use the loan towards salary for, PPP Loan details for GATEHOUSE MEDIA MARYLAND HOLDINGS INC, Demographic details for GATEHOUSE MEDIA MARYLAND HOLDINGS INC. You can face a penalty of up to 20 years behind bars. Language. We will make the latest version of our terms available for you to read at all times. Overall Benefits Rating.css-11cfy92{color:#0caa41 !important;}.css-11cfy92{color:#0caa41 !important;}3. It invokes, Bank fraud charges might also be filed against you. 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. Is THOMAS, BENNETT & HUNTER, INC. a Scam? Gatehouse Media Massachusetts I Inc pays an average of $41,376 per year, or $19.89 an hour.