Start of main content. It looked like head-turning news: A Japanese company had taken control of one of Americas largest newspaper chains, New Media Investment Group, a.k.a. If you have any questions, please contact Sandy MacFarlane or Derek Vozzella at 781-826-6505. | accessdate = 4 March 2023 Is NORTHSTAR SPECIAL SERVICES, INC a Scam? Patriot Ledger. If you purchase a product or register for an account through one of the links on our site, we may receive compensation. Strmmen 6 Last modified February 23, 2017. These amounts were reported to the SBA by the company. $330,000 Last Sold Price. Thats about a tenth of all the 1,375 dailies in the country. As Fortress restructured, it began put together its investment pools four years ago. In the companys just-filed Securities and Exchange Commission 10-K, Fortress earned $9.8 million in management fees and $9.6 million in incentive compensation, amounting to that total of $19.4 million. 1978 photos of Jimmy Carter in Fort Worth seen for 1st time | Fort Generally, worker classification impacts things like whether a company must pay for unemployment insurance and workers compensation, withhold taxes and adhere to overtime laws. As one savvy industry insider observed to me: Its the same plan as Tronc and Gannett they are just far better and more disciplined at making it work.. The inclusion of a person or entity in the IIAS Database is not intended to suggest or imply that they have engaged in illegal or improper conduct related to PPP Loan (scam). Try searching for similar jobs, similar companies, or nearby cities. Gannett, the Owner of USA Today, Is About to Get a Whole Lot Bigger (614) 461-5000. The specter of Trump-related foreign ownership may be a misplaced apparition but it shouldnt obscure the real specter of a faster chain roll-up of newspaper ownership in America. The material on this site may not be reproduced, distributed, transmitted, cached or otherwise used, except with the prior written permission of Advance Local. 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. 2.9 Work-Life Balance. Fortress reaped lucrative management fees along the way to the tune of $21.8 million in 2018. See Gatehouse Media salaries collected directly from employees and jobs on Indeed. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); Thanks for contacting us. One of the big winners in the deal is Fortress Capital, which took Gatehouse through a bankruptcy in 2013 that shed most of its debt. 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. All rights reserved. The cost is $5 a month. Zippia gives an in-depth look into the details of Gatehouse Media Massachusetts I Inc, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Gatehouse Media Massachusetts I Inc. action, pleaes click here. Keenholtz,of Marblehead, and Dorothy Guillicksen, of Hanover, are the plaintiffs named in the class-action suit. 2.3. Under the agreement, subscribers may receive a refund or have their subscriptions extended if the proposed settlement is approved in Superior Court. Try this app, Those meddling kids! 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. One takeaway: The greatest likelihood coming out of the Fortress sale, at least in the short term, is steady as she goes. 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. All. The legal documents in the case are posted here. 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. GateHouse Media to condense 50 weekly Massachusetts newspapers into 18. The StarNews' parent company is . Retrieved March 4, 2023, from https://www.niemanlab.org/2017/02/newsonomics-softbank-fortress-trump-and-the-real-story-of-gatehouses-boundless-ambition/. View customer complaints of GateHouse Media, Inc, BBB helps resolve disputes with the services or products a business provides. The lowest-paid workers at Gatehouse Media Massachusetts I Inc make less than $27,000 a year, while the highest-paid workers earn over $61,000. v. GateHouse Media, LLC, et al. It published 144 daily newspapers, 684 community publications, and over 569 local-market websites in 38 states. Furthermore, GateHouse is closed on December 31. Apple News too corporate for you? None of the information on this page has been provided or approved by Gatehouse Media Massachusetts I Inc. Copyright 2008-2023, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc. Is FOUNTAIN ROCK MANAGEMENT CORPORATION a Scam? COO Kirk Davis isn't far behind Reed. 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. Nieman Foundation for Journalism at Harvard, 23 Feb. 2017. GateHouse made a contract proposal for retroactive medical and dental increases or a corresponding pay reduction, if the employee so chooses. The lowest-paid workers at Gatehouse Media Massachusetts I Inc make less than $27,000 a year, while the highest-paid workers earn over $61,000. Though its outdated site leaves out acquisitions made years ago, the company now owns more than 130 dailies. Starting March 1, 2019,in regard to the payment of legal advertisements for public hearing notifications,Gatehouse Media will bill the fees for legals ads directly to the Applicant. Average Gatehouse Media Massachusetts I Inc Salary. Gate House Community Development and Municipal Inspections, Center/Sylvester School Building Committee, WaterSmart MS4 Sediment and Erosion Control Poster. 62 E Broad St. Columbus, OH 43215-3503. Salary information comes from 5 data points collected directly from employees, users, and past and present job advertisements on Indeed in the past 36 months. 2023. Happiness rating is 48 out of 100 48 new metro-oriented change Knight-Lenfest grant, the GateHouse method works in the short-term, Nieman Foundation for Journalism at Harvard University. 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. 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? Locally, Gannett owns northern NJs Record and the Journal News in NYs Westchester and Rockland counties. United States GateHouse USA Corp. 370 Jay Street, 7th Floor 11201 Brooklyn, NY. The Reverse Scooby-Doo theory of tech innovation comes with the excuses baked in, How will journalists use ChatGPT? The Nieman Journalism Lab is a collaborative attempt to figure out how quality journalism can survive and thrive in the Internet age. 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. A free inside look at Gatehouse Media salary trends based on 47 salaries wages for 40 jobs at Gatehouse Media. By Dan Kennedy The press, politics, technology, culture and other passions. With tough, disciplined management, it worked the littered newspaper landscape with great financial acumen, acting on the too-familiar story of excessive newspaper debt and finding the attractive availability of discounted newspaper bonds. GateHouse Media, a chain backed by an investment firm, is buying USA Today owner Gannett Co. for $12.06 a share in cash and stock, or about $1.4 billion. Gatehouse Media Pay & Benefits reviews - Indeed Given a better 2015, it generated $39.7 million total in 2015 and only $5.7 million in 2014. The reality of the Fortress sale, though, is both less sensational and more impactful. Glassdoor has salaries, wages, tips, bonuses, and hourly pay based upon employee reports and estimates. 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. It recently announced plans to consolidate 50 local weekly newspapers in Massachusetts into 18 regional papers. GateHouse Media Parent to Buy Gannett for $1.4 Billion - WSJ Based on her account, delivery was started on 6/26/22 and . DK-9400 Nrresundby, United States 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. Many of GateHouse's Massachusetts papers are venerable, stretching back several . 3 Things To Know About The Gannett/GateHouse Media Merger The Turner Report: GateHouse Media awards $1 million plus in - Blogger While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. . GateHo For the first time in nearly 35 years, The Florida Times-Union is under new ownership. Lets be clear: This is a very, very small matter. 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. computer. "Newsonomics: Softbank, Fortress, Trump and the real story of Gatehouses boundless ambition." Those nice dividend checks mean fewer journalist paychecks. | date = 23 February 2017 Sort by. The deal will formally close by the end of 2019. The plan, set to begin Monday, will affect weekly papers, according to an internal memo posted online by Dan Kennedy, a Northeastern University professor, and Media Nation blogger. 500 SUNSET AVE ASHEBORO, NC 27203 Get Directions (336) 626-6103. www.gatehousemedia.com . GateHouse Media is a leader in local content and advertising in hundreds of communities across the country. In Illinois, she says, the company added to the financial misery. It believed in its methods to cut costs by replacing inconsistent management. Boston Globe, 11/30/2008. New Media agreed to fork over $46 million to A.H. Belo Corp. for the ProJo. GateHouse continued to fight the suit, arguing that federal law preempted state law on this issue. GateHouse Media Inc. was an American publisher of locally based print and digital media. Residents may also make payments online by credit card for an additional fee. The GateHouse takeover of Gannett has been finalized - Poynter GateHouse has hired a third-party firm to administer the settlement. GateHouse Media. New Users. Accessed March 4, 2023. https://www.niemanlab.org/2017/02/newsonomics-softbank-fortress-trump-and-the-real-story-of-gatehouses-boundless-ambition/. Lens carried acover price of $3.95, thoughsubscribers to the papers were assessed $2. We are hiring continually as the right candidates appear. Newsletters and Marketing Resources. 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. Is GATEHOUSE MEDIA MARYLAND HOLDINGS INC a Scam? Helpfulness Rating Date. . .css-r1m4lw{background-color:#20262e;border-radius:50%;}.css-r1m4lw > svg > path{fill:#fff;}Add your salary. 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. the other two being Halifax Media Group and GateHouse Media. Glassdoor provides our best prediction for total pay in today's job market, along with other types of pay like cash bonuses, stock bonuses, profit sharing, sales . | ref = {{harvid|Doctor|2017}} GateHouse Holding A/S: DK12948700 GateHouse Group A/S: DK43302078. Our daily email, with all the freshest future-of-journalism news. The starting pay at Gatehouse Media Massachusetts I Inc is $27,000 per year, or $12.98 per hour. The authorities have been rather vigilant in finding people who committed, Yes. Word of an overall 4.6 percent budget cut across the chain is rifling through company. The managers and the investors are the victors, the readers and the journalists the losers. If you have competences and qualifications that could match GateHouse please send your application. Gatehouse media publishes two daily newspapers, two weekly publications, and one monthly and one bi-monthly magazines in Rhode Island. Businesses who took out these loans could spend the borrowed sum on: Federal authorities are aggressively targeting individuals and companies for PPP loan fraud. Please support this free blog by becoming a member of Media Nation. "Newsonomics: Softbank, Fortress, Trump and the real story of Gatehouses boundless ambition." Its more than that though. Even a single PPP loan fraud case might involve multiple criminal laws. Now it becomes part of an even larger portfolio, as Softbank emerges, post-acquisition with about $170 billion in managed assets. At the heart of most struggles for justice is the desire for a better world. 2023 DataOceans LLC for GateHouse Media. Their customer service department is deplorable. GateHouse Media | Vonage 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. " 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) New talents are needed at GateHouse. This significant and troubling story described the merger of Gannett GateHouse Media, a . (CEO Mike Reed explained that drop by pointing to the outsized $43 million gain the company made on its Las Vegas sale in 2015.) 2023 Advance Local Media LLC. Gatehouse Media Pay & Benefits reviews - Indeed *Update:I have learned that the proposed settlement pertains to most but not all GateHouse Media papers in Eastern Massachusetts. . 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. Gatehouse Media Massachusetts I Inc pays $19.89 an hour, on average. Job openings at GateHouse - apply today The company reported a more-than-50-percent drop in both net income and earnings-per-share for 2016. Visit Website. User Rating for GATEHOUSE MEDIA MARYLAND HOLDINGS INC, whistleblowers & employees reveal that their employers have abused their funds, 5 U.S.C. New Medias CEO Mike Reed then gobbled up small US newspaper companies. As 12-decade-old newspaper companies get sucked up and shrunken by financial managers sending what seem to be outrageous profits as far off as Tokyo, the whole notion of newspaper executive leadership has ebbed away. Nieman Journalism Lab. GateHouse Media Salaries in Tallahassee, FL - glassdoor.co.uk YouTubes privacy policy is available here and YouTubes terms of service is available here. 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). SOLD FEB 9, 2023. 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. 2.4 Culture. Is PPP Loan Fraud The Largest Fraud Of All Time? No salaries for GateHouse Media Internal Audit in Poughkeepsie, NY. Read what they think about their salaries on our Compensation FAQ page for , Customer Service salaries - 3 salaries reported, Multimedia Sales Executive salaries - 2 salaries reported, Photographer salaries - 2 salaries reported, Printing Pressman salaries - 1 salaries reported, Page Designer/Copy Editor salaries - 1 salaries reported, Senior Editor salaries - 1 salaries reported, Customer Experience Manager salaries - 1 salaries reported, Copy Editor/Page Designer salaries - 1 salaries reported, Account Executive salaries - 1 salaries reported, Community Journalist salaries - 1 salaries reported, Digital Manager salaries - 1 salaries reported, Director IT salaries - 1 salaries reported, Marketing Director salaries - 1 salaries reported, Journalist salaries - 1 salaries reported, Sales Director salaries - 1 salaries reported, Staff Accountant salaries - 1 salaries reported. 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. Try searching for similar jobs, similar companies, or nearby cities. 4 likes. SACKS, J. Newsonomics: Softbank, Fortress, Trump - and the real story of This loan's status is reported by the SBA as "Paid in Full", which includes both loans repaid and those fully forgiven from repayment under PPP guidelines. The deal to merge Gatehouse with Gannett already the biggest newspaper chain in the country in terms of circulation will form a behemoth that will operate more than 250 daily papers, or one-sixth of all newspapers in the country. And, like other buyers, it recognized that so much of newspapers remaining trade value is in their tangible real estate. 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. Gatehouse Media Pay & Benefits reviews Review this company. The looting of the Covid relief plan known as PPP, 22 people charged in connection with a multi-million dollar Paycheck Protection Program fraud scheme, Small Businesses Are Being Hit by PPP Loan Scams, 15% of Paycheck Protection Program Loans Could Be Fraudulent, Study Shows, Man Passes Out After Hes Found Guilty of PPP Loan Fraud, Cape Coral woman pleads guilty to PPP loan fraud, accused of using money for a pool, PPP Loan Scams: 900 open criminal investigations, 100 arrested so far, Bank Fraud Involving PPP Loans Could Lead to Prison Time, Even for Relatively Small Advances, Money from the COVID Paycheck Protection Program was allegedly largely misspent, Florida Man Charged With PPP Loan Fraud After Allegedly Misusing Millions To Buy Luxury Goods. While Fortress doesnt own NEWM, its management drove the companys astounding growth after the GateHouse bankruptcy in 2013. How the Gannett/GateHouse merger could deepen America's - Brookings 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), 54 (b), 365 Mass. Gatehouse Media salaries: How much does Gatehouse Media pay? - Indeed As tax-payers, we need to hold businesses accountable and ask serious questions. 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. 2,097 Sq. 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. The StarNews has moved to a new office space. What you need to know. User experience and cybersecurity are paramount for us. 821 (1974), declaring that David King, who had delivered the Patriot Ledger by automobile to some of its subscribers, was, under G. L. c. 149, 148B . This employer has not claimed their Employer Profile and is missing out on connecting with our community. (CET during winter and CEST during summer). For those searching out nefarious conspiracy in the news media ownership world, this initial GateHouse conspiracy story may be a disappointment. Los Angeles Times correspondent Matt Pearce shared his thoughts on the pay package on Twitter. Ft. 117 Brook Hollow Ln, Red Oak, TX 75154. GateHouse USA Corp. We look for new software developers to build new tracking features for the maritime industry. Community Rules apply to all content you upload or otherwise submit to this site. 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.