If you would like to customise your choices, click 'Manage privacy settings'. 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 . Get the latest business insights from Dun & Bradstreet. Stay up-to-date on the latest best practices, tips & tricks, e-books, infographics, and other marketing resources to help grow your business. New Media, with assets of $1.3 billion, is a relative pimple on the body Fortress $70 billion in asset management. 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. This significant and troubling story described the merger of Gannett GateHouse Media, a . (Tronc stands at about $500 million, Lee Enterprises at $145 million, A.H. Belo at $135 million, and McClatchy at $89 million.) The merger, which would combine Gannett with Gatehouses publicly traded New Media Investment Group, was formally unveiled Monday following months of negotiations. 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. 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. Kings estate will get $7,500 to compensate him for being the lead plaintiff. Newsletters and Marketing Resources. Critics of such management contracts point to the increased overhead they bring to news enterprises that badly need reinvestment. During round 1 of the paycheck protection program, GATEHOUSE MEDIA MARYLAND HOLDINGS INC requested a PPP loan for 535000 USD. Why not just raise the subscription price? The newspaper and 10 others have been purchased by GateHouse Media in a transaction that closed Monday. 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. They were approved on 05-05-2021 by the SBA for an amount of 535000 USD. If you visit many GateHouse papers online right now,* youll see a Legal Notice linking to the settlement documents, which include instructions on how to file a claim. 2023 DataOceans LLC for GateHouse Media. Based in Pittsford, New York, GateHouse Media is one of the largest publishers of local-market print and digital media in the U.S. How much do Gatehouse Media employees make? SOLD FEB 9, 2023. .css-r1m4lw{background-color:#20262e;border-radius:50%;}.css-r1m4lw > svg > path{fill:#fff;}Add your salary. Doctor, Ken. The material on this site may not be reproduced, distributed, transmitted, cached or otherwise used, except with the prior written permission of Advance Local. Our model gets smarter over time as more people share salaries on Glassdoor. One driver, who spoke to a reporter on condition that his name not be used, said there have been no changes in working conditions due to the lawsuit. This will discontinue the policy of submitting Gatehouse Media checks/payments to town departments for processing. DK-9400 Nrresundby, United States Ft. 117 Brook Hollow Ln, Red Oak, TX 75154. There was a lot of talk about limiting newsroom layoffs when GateHouse Media bought Gannett at the end of 2019. Find company research, competitor information, contact details & financial data for Gatehouse Media Massachusetts I, Inc. of Beverly, MA. 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. Our rating on GATEHOUSE MEDIA MARYLAND HOLDINGS INC is based on multiple factors, including publicly available information, reviews and user notifications. 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. You must attribute this work to Media Nation (with link). King died while the lawsuit is ongoing, and the administrator of his estate, Suzanne Carey, replaced King as the named plaintiff. 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. 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. Thats a better performance than its peers. . Those add to its impressive reach: 19 million people through 564 community print publications, 489 websites, 476 mobile sites. 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. 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. Attorney James Simpson, who represented the carriers, will get $141,652. You are wasting your money, as you'll never see your newspaper! 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. Thats a lot of new potential profit and another potential reason for news industry leaders to keep their mouths shut. Clear. Read what they think about their salaries on our Compensation FAQ page for Gatehouse Media. (CEO Mike Reed explained that drop by pointing to the outsized $43 million gain the company made on its Las Vegas sale in 2015.) 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. Start of main content. 11201 Brooklyn, NY, GateHouse Holding A/S: DK12948700 Its more than that though. More importantly, though, for the story of flagging local American journalism in a time of great societal stress, its a triumph of capital over community. The company also made headlines locally in May when it reduced the editorial staff of Worcester Magazine to a single reporter. While New Media must allocate income to profit, as do its peers, it must also allocate money to Fortress which, of course, would claim that its earning that payment. For that work, it gets paid, and well do that math below. We can do the math on what the financialization of these community papers has meant, from Massachusetts to California. IsItaScam.com does not modify the data and makes no claims regarding its accuracy, nor will entertain any request to remove any entry. About us. A free inside look at Gatehouse Media salary trends based on 47 salaries wages for 40 jobs at Gatehouse Media. 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. *Update:I have learned that the proposed settlement pertains to most but not all GateHouse Media papers in Eastern Massachusetts. 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. Please note that all salary figures are approximations based upon third party submissions to Indeed. The settlement is restricted to papers that carried Lens, and are concentrated in Greater Boston. *Offer extended only new digital advertisers. New Users. Payment Method: UNVERIFIED. For those searching out nefarious conspiracy in the news media ownership world, this initial GateHouse conspiracy story may be a disappointment. GateHouse Group 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. 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. Email this Business. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. This little-talked-about, wont-talk-to-the-press newspaper chain owns more daily newspapers than any other U.S. publisher likely more than any other publisher in the world. What do voting Americans know? The company will retain the Gannett name and the companys McLean., Va., headquarters. [4] 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. GateHouse experiences a growing interest in our capabilities in all markets, and we seek new talents to support this growth. PPP Loan # 6890988904. As we have discussed earlier, GATEHOUSE MEDIA MARYLAND HOLDINGS INC received a substantial amount of money through the SBA program. Eric Newton (@EricNewton1) February 18, 2017, Its a hell of a question. Offer valid with only a $1,500 minimum digital campaign spend, and cannot be combined with any other offer. Under the terms of the settlement, GateHouse will pay up to $425,000. 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. Gatehouse Media employees attributed a compensation and benefits rating of 2.5/5 stars to their company. If you purchase a product or register for an account through one of the links on our site, we may receive compensation. Subscribers should send payments to Gannett Holdings LLC SE, PO Box 660238, Dallas, TX 75266-0238. . 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. 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. As Fortress restructured, it began put together its investment pools four years ago. Find company research, competitor information, contact details & financial data for Gatehouse Media, LLC of Pittsford, NY. Newsonomics: Softbank, Fortress, Trump and the real story of Gatehouses boundless ambition. 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. The StarNews' parent company is . The legal documents in the case are posted here. It invokes, Finally, when you commit a PPP loan scam, you violate. I agree to receive promotional communication from GateHouse Media and its affiliates. The two sides ultimately reached a settlement, which was approved June 28 by Norfolk Superior Court Judge Diane Freniere. If you have any questions, please contact Sandy MacFarlane or Derek Vozzella at 781-826-6505. We are hiring continually as the right candidates appear. New Media Investment Group, a holding company that controls GateHouse Media, announced that it had agreed to buy Gannett, the owner of USA Today and more than 100 other publications nationwide, in . Job Title. 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. Plus, as feels universally true in these bewildering times, there appeared to even be a link to Donald Trump. How much does Gatehouse Media in the United States pay? 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. Gatehouse Media, LLC CLAIM THIS BUSINESS. 2.9 Work-Life Balance. 62 E Broad St. Columbus, OH 43215-3503. 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. 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. The rest of the money will be split among the drivers who submitted claim forms. | title = Newsonomics: Softbank, Fortress, Trump and the real story of Gatehouses boundless ambition The work schedule is brutal and not easy to get use to. Doctor, Ken. Nieman Journalism Lab. Our tracking data currently support major global logistic operators creating transparency. SOLD FEB 15, 2023. The case went up to the Appeals Court, which ruled in 2018 in favor of the newspaper carriers. 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. 500 SUNSET AVE ASHEBORO, NC 27203 Get Directions (336) 626-6103. www.gatehousemedia.com . The settlement does not require GateHouse to change its practices regarding how it pays, classifies or treats the drivers. 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. 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. 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. Where does the acquisition money come from? What do they think they know? Is NORTHSTAR SPECIAL SERVICES, INC a Scam? The reality of the Fortress sale, though, is both less sensational and more impactful. Get Directions. OptOut aims to be a daily news app 100% free from corporate media narratives., The largest, most profitable, most powerful companies in the world ought to be judged based on how they are impacting the present, not based on their pitch decks for what the future might someday look like.. Gatehouse Media. 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. Locally, Gannett owns northern NJs Record and the Journal News in NYs Westchester and Rockland counties. Tuesdays headline: Robotics and tech firm SoftBank Japan purchases newspaper company GateHouse Media. The Nieman Journalism Lab is a collaborative attempt to figure out how quality journalism can survive and thrive in the Internet age. United States 287 reviews. Nearby Recently Sold Homes. Furthermore, GateHouse is closed on December 31. A year ago I wrote about the Lens ployhereand here. None of the information on this page has been provided or approved by Gatehouse Media Massachusetts I Inc. However, the newspaper company will not have to change its practices. Gatehouse Media Massachusetts I Inc pays $19.89 an hour, on average. Starting March 1, 2019, in regard to the payment of legal advertisements for public hearing notifications, Gatehouse Med GateHouse Media, Pittsford (town), New York. 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). A Massachusetts Appeals Court has ruled that newspaper carriers for Gatehouse must be classified as employees, not independent contractors. 2.4 Culture. 370 Jay Street, 7th Floor 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. 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. New Media will pay $6.25 in cash and 0.5427 New . Simpson did not return calls. Address. Hanover was established in 1727, a little over 100 years after the Pilgrims landed in Plymouth, 17 miles to our south. 373 0. 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. We are looking forward to assisting you. As of May 31, 2019, GateHouse Media publishes 156 daily newspapers and hundreds of . saved to your. Value of Showcase ad is $600. GateHouse USA Corp. 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 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. Copyright 2008-2023, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc. More Local News to Love Start today for 50% off Expires 3/6/23. 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. Town of Hanover 550 Hanover Street, Hanover, MA 02339 781.826.5000Statement on Community InclusivenessWebsite Disclaimer Hours & Directions SubscribeGovernment Websites by CivicPlus . 2.3. Disclosure would be clearer and more prominent than it had beenpreviously. 2.1 Job Security & Advancement. Whats the best way to follow how the news is changing? No salaries for GateHouse Media Senior Hr Business Partner in Adona, AR. 2023. They find its dividend just increased to 35 cents per quarter attractive. 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. Consequently, we can discount the would-be dot-connecting from Trump to Softbank to Fortress to GateHouse and all the confusion about who owns what in this saga. Please support this free blog by becoming a member of Media Nation. It believed in its methods to cut costs by replacing inconsistent management. 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. GateHouse experiences a growing interest in our capabilities in all markets, and we seek new talents to support this growth. Hours of work are 145 am to 1030 am seven days a week. We will make the latest version of our terms available for you to read at all times. When a person is charged with PPP loan scam charges, they can face multiple civil and criminal penalties. 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 .