However, the newspaper company will not have to change its practices. Checks are supposed to be sent out within 60 days of the settlements effective date. 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.. Cookie Settings/Do Not Sell My Personal Information. Our daily email, with all the freshest future-of-journalism news. Please note that all salary figures are approximations based upon third party submissions to Indeed. Overall Benefits Rating.css-11cfy92{color:#0caa41 !important;}.css-11cfy92{color:#0caa41 !important;}3. No salaries for GateHouse Media Senior Hr Business Partner in Adona, AR. Nieman Foundation for Journalism at Harvard, 23 Feb. 2017. Businesses who took out these loans could spend the borrowed sum on: Federal authorities are aggressively targeting individuals and companies for PPP loan fraud. User Rating for GATEHOUSE MEDIA MARYLAND HOLDINGS INC, whistleblowers & employees reveal that their employers have abused their funds, 5 U.S.C. DK-9400 Nrresundby, United States 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. The material on this site may not be reproduced, distributed, transmitted, cached or otherwise used, except with the prior written permission of Advance Local. . It recently announced plans to consolidate 50 local weekly newspapers in Massachusetts into 18 regional papers. New Users. New Media Investment Group Inc., the parent of GateHouse Media, is buying Gannett Co. in a cash-and-stock transaction, the companies said Monday. Offer valid with only a $1,500 minimum digital campaign spend, and cannot be combined with any other offer. 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. 2.5 Pay & Benefits. Thats a lot of new potential profit and another potential reason for news industry leaders to keep their mouths shut. Average Gatehouse Media Massachusetts I Inc Salary. President and Fellows of Harvard College, unless otherwise noted. Starting March 1, 2019, in regard to the payment of legal advertisements for public hearing notifications, Gatehouse Med 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. During round 1 of the paycheck protection program, GATEHOUSE MEDIA MARYLAND HOLDINGS INC requested a PPP loan for 535000 USD. Is FOUNTAIN ROCK MANAGEMENT CORPORATION a Scam? Those nice dividend checks mean fewer journalist paychecks. 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. 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. Instead of being billed for the additional Premium . Why not just raise the subscription price? Critics of such management contracts point to the increased overhead they bring to news enterprises that badly need reinvestment. 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 primary goal of PPP loans was to help businesses survive the pandemic and ensure that people dont lose their employment. Fysisk lag FPGA udvikler / FPGA Developer. They find its dividend just increased to 35 cents per quarter attractive. They can, instead though, turn their eyes to another visitor to Trumps tower, one month after Softbanks Masayoshi Son. Is PPP Loan Fraud The Largest Fraud Of All Time? 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 . Enter your email address to follow this blog and receive notifications of new posts by email. The nations largest newspaper chain just got a whole lot bigger. If you purchase a product or register for an account through one of the links on our site, we may receive compensation. 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. Under the terms of the settlement, GateHouse will pay up to $425,000. 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. 54 (b), 365 Mass. It's Secure. What do voting Americans know? | url = https://www.niemanlab.org/2017/02/newsonomics-softbank-fortress-trump-and-the-real-story-of-gatehouses-boundless-ambition/ Advertising fees to be billed directly to Applicant by Gatehouse Media. Where does the acquisition money come from? 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. 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. For those searching out nefarious conspiracy in the news media ownership world, this initial GateHouse conspiracy story may be a disappointment. | first = Ken Plus, as feels universally true in these bewildering times, there appeared to even be a link to Donald Trump. Los Angeles Times correspondent Matt Pearce shared his thoughts on the pay package on Twitter. Is NORTHSTAR SPECIAL SERVICES, INC a Scam? Click to share on Twitter (Opens in new window), Click to share on Facebook (Opens in new window), Click to share on Reddit (Opens in new window), Click to share on Tumblr (Opens in new window), Click to share on Pinterest (Opens in new window), Click to email a link to a friend (Opens in new window), Email: dan dot kennedy at northeastern dot edu. 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 legal documents in the case are posted here. The data presented on this page does not represent the view of Gatehouse Media Massachusetts I Inc and its employees or that of Zippia. Drivers who sign the settlement agree not to bring any further lawsuits against GateHouse related to wages, overtime, employer classification or any other issue stemming from the class action suit. The settlement is restricted to papers that carried Lens, and are concentrated in Greater Boston. 7 reviews of GateHouse Media "Don't have the MetroWest Daily News home delivered! Under the settlement, GateHouse continues to deny any wrongdoing. GateHouse Group Patriot Ledger. 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. 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. New Media will pay $6.25 in cash and 0.5427 New . Job Title. Some SEC filings can help us find some clarity. 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. The reality of the Fortress sale, though, is both less sensational and more impactful. Under terms of the agreement, the fee deal will sunset in two years. Lets be clear: This is a very, very small matter. As recently, as three weeks ago, New Media bought five daily Dix newspaper properties in northeastern Ohio. These amounts were reported to the SBA by the company. Location. If you have competences and qualifications that could match GateHouse please send your application. 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. IsItaScam.com does not modify the data and makes no claims regarding its accuracy, nor will entertain any request to remove any entry. GateHouse continued to fight the suit, arguing that federal law preempted state law on this issue. Based on her account, delivery was started on 6/26/22 and . View and pay your monthly statements online for FREE when you pay by e-check (ACH), from your checking or savings account. GateHouse Media Inc. was an American publisher of locally based print and digital media. SACKS, J. The company also made headlines locally in May when it reduced the editorial staff of Worcester Magazine to a single reporter. If the president attacked any other industry, what would the response be?. 2.4 Culture. 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. Full time work week is 77.50 hours per week. The math adds up to about a $9,000 cut for some employees. 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. 0:42. 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. GateHouse Media to condense 50 weekly Massachusetts newspapers into 18. It published 144 daily newspapers, 684 community publications, and over 569 local-market websites in 38 states. Kings estate will get $7,500 to compensate him for being the lead plaintiff. 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. 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. They were approved on 05-05-2021 by the SBA for an amount of 535000 USD. New York Observer, 5/15/2015, Dan Kennedy exercises the bloggers imperative to bloviate beyond his expertise. Thats about a tenth of all the 1,375 dailies in the country. 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. Nearby homes similar to 107 Gatehouse Dr have recently sold between $330K to $434K at an average of $155 per square foot. [4] Residents may also make payments online by credit card for an additional fee. The managers and the investors are the victors, the readers and the journalists the losers. 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 . There is no record of GATEHOUSE MEDIA MARYLAND HOLDINGS INC committing any sort of PPP Scam reported anywhere. 2,097 Sq. Community Rules apply to all content you upload or otherwise submit to this site. Try searching for similar jobs, similar companies, or nearby cities. 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 . Accessed March 4, 2023. https://www.niemanlab.org/2017/02/newsonomics-softbank-fortress-trump-and-the-real-story-of-gatehouses-boundless-ambition/. Get the latest business insights from Dun & Bradstreet. Sign In . Contact Information. The carriers argued that, under state law, drivers should be classified as employees, not independent contractors. Gatehouse Media, LLC CLAIM THIS BUSINESS. 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. Find out more about how we use your personal data in our privacy policy and cookie policy. GateHouse Group A/S: DK43302078, GateHouse SatCom A/S: DK26040299 A free inside look at Gatehouse Media salary trends based on 47 salaries wages for 40 jobs at Gatehouse Media. We've received your submission. Sometimes when you connect the dots, you just get more dots. Language. The court never explicitly ordered GateHouse to reclassify the drivers because the two sides reached a settlement while litigation was still ongoing. The job as district circulation clerk at Gatehouse media is very demanding. *Offer extended only new digital advertisers. That money, according to Fortress, has come from three sources: cash flow from operations, equity issued to NEWM public shareholders, and a regular term loan the company put in place with banks. Newsonomics: Softbank, Fortress, Trump and the real story of Gatehouses boundless ambition. Highest Paying Job At Gatehouse Media Massachusetts I Inc, Highest Paying Department At Gatehouse Media Massachusetts I Inc. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); Thanks for contacting us. The long-rumored merger of Gannett's 110 dailies and GateHouse's 156 was announced this afternoon by both companies. Is the bloom off this fast-growing flower? We will make the latest version of our terms available for you to read at all times. 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. 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. GateHo For the first time in nearly 35 years, The Florida Times-Union is under new ownership. As we have discussed earlier, GATEHOUSE MEDIA MARYLAND HOLDINGS INC received a substantial amount of money through the SBA program. (614) 461-5000. Visit Website. 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. 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. 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