GateHouse Media to condense 50 weekly Massachusetts newspapers into 18. Those numbers may have knocked about 4 percent off the share price this week. Locally, Gannett owns northern NJs Record and the Journal News in NYs Westchester and Rockland counties. Make no mistake: The New Media playbook has been executed well. 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. | url = https://www.niemanlab.org/2017/02/newsonomics-softbank-fortress-trump-and-the-real-story-of-gatehouses-boundless-ambition/ Its the cutbacks at the smaller papers the roots of the pre-Fortress GateHouse chain that may be most telling. 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. 2023 Advance Local Media LLC. GateHouse Media, Pittsford (town), New York. SOLD FEB 15, 2023. Doctor, Ken. 62 E Broad St. Columbus, OH 43215-3503. Gatehouse Media e-Billing Terms and Conditions 12. Is PPP Loan Fraud The Largest Fraud Of All Time? 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), The StarNews' parent company is . Get the latest business insights from Dun & Bradstreet. Denmark GateHouse Group Strmmen 6 DK-9400 Nrresundby. Visit Website. GateHouse continued to fight the suit, arguing that federal law preempted state law on this issue. It calls for Gannetts shareholders to receive $6.25 in cash and 0.5427 worth of New Media shares for each share of Gannett. 2.4 Culture. 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. 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. Whats the best way to follow how the news is changing? With assumption of Gannett debt, Apollo Global Management will supply all $1.792 billion in financing, which one source told The Post was at a sky-high 11.5 percent interest rate. View and pay your monthly statements online for FREE when you pay by e-check (ACH), from your checking or savings account. Location. Try searching for similar jobs, similar companies, or nearby cities. Plus, as feels universally true in these bewildering times, there appeared to even be a link to Donald Trump. This significant and troubling story described the merger of Gannett GateHouse Media, a . The 10,000-plus-employee company reaches more than 23 million people weekly via its 145 daily newspapers, 340 community publications, and 570-plus websites in 37 states. Your trust is our top concern, so companies can't alter or remove reviews. A free inside look at Gatehouse Media salary trends based on 47 salaries wages for 40 jobs at Gatehouse Media. GateHouse Media reserves the right to alter these terms and conditions by posting new terms and conditions, communicating them via e-mail or through the Customer Service Portal, or by otherwise communicating them. . action, pleaes click here. Keenholtz,of Marblehead, and Dorothy Guillicksen, of Hanover, are the plaintiffs named in the class-action suit. Password protected. All of the papers the Guild represents that are owned by GateHouse have not had their wages increased in 8 to 10 years, says Melissa Nelson, director of collective bargaining for the NewsGuild-Communication Workers of America. Happiness rating is 48 out of 100 48 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? One takeaway: The greatest likelihood coming out of the Fortress sale, at least in the short term, is steady as she goes. 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. 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. When . Newcastle . GateHouse has hired a third-party firm to administer the settlement. Ft. 117 Brook Hollow Ln, Red Oak, TX 75154. 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. Our model gets smarter over time as more people share salaries on Glassdoor. How much does Gatehouse Media - Administrative Assistance in the United States pay? It invokes, A PPP loan fraud also includes making false statements to a financial institution, a federal crime. Join the 60,000 who get the freshest future-of-journalism news in our daily email. 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. We've received your submission. 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.) 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). IsItaScam.com does not modify the data and makes no claims regarding its accuracy, nor will entertain any request to remove any entry. GateHouse Holding A/S: DK12948700 GateHouse Group A/S: DK43302078. There was a lot of talk about limiting newsroom layoffs when GateHouse Media bought Gannett at the end of 2019. AUGUSTA, Ga. Morris Communications will sell its 11 daily newspapers and other publications in those markets to New Media Investment Group, the parent company of GateHouse Media Inc., the . Newsonomics: Do newspaper companies have a strategy beyond milking papers for profit? GateHouse Media. Simpson did not return calls. Gatehouse owns mostly smaller papers. Value of Showcase ad is $600. The managers and the investors are the victors, the readers and the journalists the losers. 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. Last modified February 23, 2017. All other trademarks are property of their respective owners. The authorities have been rather vigilant in finding people who committed, Yes. 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. [4] *Offer extended only new digital advertisers. Given a better 2015, it generated $39.7 million total in 2015 and only $5.7 million in 2014. " 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) Those nice dividend checks mean fewer journalist paychecks. Many of GateHouse's Massachusetts papers are venerable, stretching back several . 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. Nieman Journalism Lab. Address. Gatehouse Media, LLC CLAIM THIS BUSINESS. If you have any questions about job openings, please dont hesitate to contact HR Manager Claus Svendsen at +45 2329 6207. 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. 4 %. An ominous merger of the nation's two largest newspaper chains was buried in the business pages this week. The Boston Herald is being sold to GateHouse Media for $4.5 million in cash, as publisher Patrick J. Purcell is giving up his long, expensive struggle to keep Boston's second-largest daily . | work = [[Nieman Journalism Lab]] However, the newspaper company will not have to change its practices. Enter your email address to follow this blog and receive notifications of new posts by email. See Gatehouse Media salaries collected directly from employees and jobs on Indeed. Please support this free blog by becoming a member of Media Nation. If you do not want us and our partners to use cookies and personal data for these additional purposes, click 'Reject all'. Thats a lot of new potential profit and another potential reason for news industry leaders to keep their mouths shut. We are looking forward to assisting you. 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. 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 . Lets be clear: Management determines how much journalism their journalism companies actually produce. Loans issued under the PPP carry a 1% interest rate, but the loans are completely forgivable if certain conditions are met. computer. 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. Their customer service department is deplorable. of Community Development and Municipal Inspections (CDMI) that requires the posting of a public hearing. 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. 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. Contact Information. 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. New Media Investment Group Inc., the parent of GateHouse Media, is buying Gannett Co. in a cash-and-stock transaction, the companies said Monday. But have they used it correctly? Under the settlement, GateHouse continues to deny any wrongdoing. 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. 3 Beds. As recently, as three weeks ago, New Media bought five daily Dix newspaper properties in northeastern Ohio. GateHouse Media is a leader in local content and advertising in hundreds of communities across the country. 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. This story has been shared 150,222 times. Our daily email, with all the freshest future-of-journalism news. New talents are needed at GateHouse. GateHo For the first time in nearly 35 years, The Florida Times-Union is under new ownership. There is no record of GATEHOUSE MEDIA MARYLAND HOLDINGS INC committing any sort of PPP Scam reported anywhere. It does, however, manage and control New Media, an investment vehicle it created out of GateHouse Medias 2013 $1.2 billion bankruptcy. GATEHOUSE MEDIA MARYLAND HOLDINGS INC took out a PPP loan worth $535000 for Payroll Processing for it's 54 employees. As of May 31, 2019, GateHouse Media publishes 156 daily newspapers and hundreds of . (614) 461-5000. King died while the lawsuit is ongoing, and the administrator of his estate, Suzanne Carey, replaced King as the named plaintiff. 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. Now, backed with a further $130 million in raised equity, CEO Mike Reed said Tuesday the company intends to buy more. 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. YouTubes privacy policy is available here and YouTubes terms of service is available here. Nieman Journalism Lab. 2.5 Baths. Based in Pittsford, New York, GateHouse Media is one of the largest publishers of local-market print and digital media in the U.S. Apple News too corporate for you? Nearby Recently Sold Homes. Those cuts follow more major cuts in the newsrooms of papers its acquired more recently those papers have seen the bigger cuts, as reported to me by the NewsGuild/Communication Workers of 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. 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. 54 (b), 365 Mass. A Massachusetts Appeals Court has ruled that newspaper carriers for Gatehouse must be classified as employees, not independent contractors. Often, however, whistleblowers & employees reveal that their employers have abused their funds. make payments. Under the agreement, subscribers may receive a refund or have their subscriptions extended if the proposed settlement is approved in Superior Court. Read what they think about their salaries on our Compensation FAQ page for Gatehouse Media. SEC records indicate Davis will receive $726,000 if new owners rightsize him, including a $461,000 severance payment and a quarter of a million dollar bonus. Top . Doctor, Ken. . Please be aware that listing the correct mailing address for all Applicants is essential to avoid delays in the public hearing process. P.O. Kings estate will get $7,500 to compensate him for being the lead plaintiff. His supposed promise, accompanied by the firm Trump hand on Sons shoulder: $50 billion in U.S. investment, aiming to create 50,000 jobs. New Media agreed to fork over $46 million to A.H. Belo Corp. for the ProJo. For that work, it gets paid, and well do that math below. 4 likes. We look for new software developers to build new tracking features for the maritime industry. Fortress reaped lucrative management fees along the way to the tune of $21.8 million in 2018. . Ratings by category. 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. That includes 40 jobs cut at the Providence Journal, a paper GateHouse bought from Belo in 2014. 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. Subscribers should send payments to Gannett Holdings LLC SE, PO Box 660238, Dallas, TX 75266-0238. . In Illinois, she says, the company added to the financial misery. 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. You must attribute this work to Media Nation (with link). Nieman Journalism Lab. 7 reviews of GateHouse Media "Don't have the MetroWest Daily News home delivered! 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 . What do they think they know? Its dailies like GateHouses most of them in smaller cities of the country that now demand new scrutiny out of this election. Gatehouse Media. GateHouse Group Also in this issue, the Right's attempt to rewrite history in India, the Kurdish feminist revolution and is Ron DeSantis the next Trump . Both CEO Mike Reed and CFO Greg Freiberg draw their compensation from Fortress; COO Kirk Davis is a New Media employee. Half of GateHouse Media salaries are above $121,052. How Much Does Gatehouse Media Massachusetts I Inc Pay? 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. Disclosure would be clearer and more prominent than it had beenpreviously. Residents may also make payments online by credit card for an additional fee. 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. | title = Newsonomics: Softbank, Fortress, Trump and the real story of Gatehouses boundless ambition VAT/CVR. 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. The money was extracted by shortening the length of customers subscriptions. Full time work week is 77.50 hours per week. Our tracking data currently support major global logistic operators creating transparency. Is THOMAS, BENNETT & HUNTER, INC. a Scam? 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.. According to a court filing, the settlements will range from $1.54 to $1,741.63, with an average settlement payment of $518.87. Stay up-to-date on the latest best practices, tips & tricks, e-books, infographics, and other marketing resources to help grow your business. How much do Gatehouse Media employees make? 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. 2.4 Management. 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. Reed noted Tuesday that the company plans to cut an additional $27 million in 2017, an amount of money not far from Fortress annual payout.