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Now it becomes part of an even larger portfolio, as Softbank emerges, post-acquisition with about $170 billion in managed assets. Average Gatehouse Media Massachusetts I Inc Salary. The company reported a more-than-50-percent drop in both net income and earnings-per-share for 2016. Word of an overall 4.6 percent budget cut across the chain is rifling through company. GateHouse Media. It believed in its methods to cut costs by replacing inconsistent management. 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. Mon Thurs: 08.00 16.00 Thats a good business story. How Much Does Gatehouse Media Massachusetts I Inc Pay? 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 . Under terms of the agreement, the fee deal will sunset in two years. Overall Benefits Rating.css-11cfy92{color:#0caa41 !important;}.css-11cfy92{color:#0caa41 !important;}3. Lets be clear: This is a very, very small matter. IsItaScam.com does not modify the data and makes no claims regarding its accuracy, nor will entertain any request to remove any entry. The court never explicitly ordered GateHouse to reclassify the drivers because the two sides reached a settlement while litigation was still ongoing. 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. Where does the acquisition money come from? GateHouse Igniter A/S: DK41395281, Find more information about GateHouse Martime on the website, Find more information about Gatehouse Satcom on the website, Find information on contacting Board and Management members. 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. 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. The job as district circulation clerk at Gatehouse media is very demanding. King died while the lawsuit is ongoing, and the administrator of his estate, Suzanne Carey, replaced King as the named plaintiff. 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 company's practice of charging for "premium" publications that subscribers hadn't asked for. *Offer extended only new digital advertisers. 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. Checks are supposed to be sent out within 60 days of the settlements effective date. Fysisk lag FPGA udvikler / FPGA Developer. Some SEC filings can help us find some clarity. 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. User Rating for GATEHOUSE MEDIA MARYLAND HOLDINGS INC, whistleblowers & employees reveal that their employers have abused their funds, 5 U.S.C. GateHo For the first time in nearly 35 years, The Florida Times-Union is under new ownership. 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. We, Yahoo, are part of the Yahoo family of brands. Contact Information. 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. 4 likes. 11201 Brooklyn, NY, GateHouse Holding A/S: DK12948700 Try searching for similar jobs, similar companies, or nearby cities. 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.. Web. More Local News to Love Start today for 50% off Expires 3/6/23. . 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. Media Nation is published under a Creative Commons Attribution- Noncommercial- Share Alike 4.0 United States License. By Dan Kennedy The press, politics, technology, culture and other passions. 373 0. Most prominent among those premium publications was Lens, an advertising vehicle published several times a year that was delivered along with GateHouse papers. 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. 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. Nieman Journalism Lab. GateHouse Holding A/S: DK12948700 GateHouse Group A/S: DK43302078. GateHouse Group A/S: DK43302078, GateHouse SatCom A/S: DK26040299 For those searching out nefarious conspiracy in the news media ownership world, this initial GateHouse conspiracy story may be a disappointment. 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. Eric Newton (@EricNewton1) February 18, 2017, Its a hell of a question. The above are just two instances of people getting caught by the authorities for this scam. 370 Jay Street, 7th Floor Box 779 Worthington, OH 43085 614-406-5651 info@gatehousemediapartners.com . 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. Subscribers should send payments to Gannett Holdings LLC SE, PO Box 660238, Dallas, TX 75266-0238. . Gatehouse Media. of Community Development and Municipal Inspections (CDMI) that requires the posting of a public hearing. | date = 23 February 2017 But have they used it correctly? Town of Hanover 550 Hanover Street, Hanover, MA 02339 781.826.5000Statement on Community InclusivenessWebsite Disclaimer Hours & Directions SubscribeGovernment Websites by CivicPlus . 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. Its more than that though. 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, LLC CLAIM THIS BUSINESS. Those add to its impressive reach: 19 million people through 564 community print publications, 489 websites, 476 mobile sites. 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. They find its dividend just increased to 35 cents per quarter attractive. This story has been shared 150,222 times. Find company research, competitor information, contact details & financial data for Gatehouse Media Massachusetts I, Inc. of Beverly, MA. The StarNews' parent company is . Heres another: All information displayed on this page is publicly available information under PPP loan guidelines, in compliance with 5 U.S.C. This will discontinue the policy of submitting Gatehouse Media checks/payments to town departments for processing. Even a single PPP loan fraud case might involve multiple criminal laws. GateHouse Media must be doing extremely well since this year's bonuses are over a quarter of a million more than the company awarded in 2010. How much does Gatehouse Media in the United States pay? 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. For more information, please contact Dan Kennedy at dan dot kennedy at northeastern dot edu. 62 E Broad St. Columbus, OH 43215-3503. The nations largest newspaper chain just got a whole lot bigger. 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. All other trademarks are property of their respective owners. Furthermore, GateHouse is closed on December 31. NOTE: Legal ads as written by each board/committee will still be submitted to Gatehouse Media by the individual board/committee- this change in payment policy effects only the billing ("Bill to: ") aspect of the legal advertising process. Gatehouse Media e-Billing Terms and Conditions 12. 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. The community relies on everyone sharing. 2.5 Baths. . When a person is charged with PPP loan scam charges, they can face multiple civil and criminal penalties. Your trust is our top concern, so companies can't alter or remove reviews. If all goes according to plan, America's two largest newspaper chains will become one by the end of the year. Read what they think about their salaries on our Compensation FAQ page for Gatehouse Media. To be sure, theres a chill in the air, and courage isnt easy to come by. 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. Glassdoor has salaries, wages, tips, bonuses, and hourly pay based upon employee reports and estimates. 2023. 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. Location. Interested in working in a well-consolidated company developing systems for companies all over the globe? Offer valid with only a $1,500 minimum digital campaign spend, and cannot be combined with any other offer. At the heart of most struggles for justice is the desire for a better world. All rights reserved (About Us). 54 (b), 365 Mass. It does, however, manage and control New Media, an investment vehicle it created out of GateHouse Media's 2013 $1.2 billion bankruptcy. While Fortress doesnt own NEWM, its management drove the companys astounding growth after the GateHouse bankruptcy in 2013. Recommend to a Friend. Doctor, Ken. 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. The money was extracted by shortening the length of customers subscriptions. action, pleaes click here. Keenholtz,of Marblehead, and Dorothy Guillicksen, of Hanover, are the plaintiffs named in the class-action suit. 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. The primary goal of PPP loans was to help businesses survive the pandemic and ensure that people dont lose their employment. 2.5 Pay & Benefits. DK-9400 Nrresundby, United States Half of GateHouse Media salaries are above $121,052. Gatehouse Media employees attributed a compensation and benefits rating of 2.5/5 stars to their company. If you would like to customise your choices, click 'Manage privacy settings'. And, like other buyers, it recognized that so much of newspapers remaining trade value is in their tangible real estate. GateHouse Media Inc. was an American publisher of locally based print and digital media. 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. Whats the best way to follow how the news is changing? Our model gets smarter over time as more people share salaries on Glassdoor. SOLD FEB 9, 2023. 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. New York Times CEO Mark Thompson sparred with Trump on his year-end call, but Newtons point is right on: There are CEOs of major media companies (and companies that own media companies) employing many tens of thousands of workers who are being called dishonest. If you do not want us and our partners to use cookies and personal data for these additional purposes, click 'Reject all'. Though its outdated site leaves out acquisitions made years ago, the company now owns more than 130 dailies. GateHouse Group 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 commissions, and tips. It's Secure. Businesses who took out these loans could spend the borrowed sum on: Federal authorities are aggressively targeting individuals and companies for PPP loan fraud. No salaries for GateHouse Media Internal Audit in Poughkeepsie, NY. 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. New Media agreed to fork over $46 million to A.H. Belo Corp. for the ProJo. Massachusetts Appeals Court rules against Gatehouse, says its newspaper carriers are employees. If you have any questions, please contact Sandy MacFarlane or Derek Vozzella at 781-826-6505. If you purchase a product or register for an account through one of the links on our site, we may receive compensation. However, the newspaper company will not have to change its practices. User experience and cybersecurity are paramount for us. 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 . Community Rules apply to all content you upload or otherwise submit to this site. GateHouse Media to condense 50 weekly Massachusetts newspapers into 18. How much do Gatehouse Media employees make? 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.) 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. The data presented on this page does not represent the view of Gatehouse Media Massachusetts I Inc and its employees or that of Zippia. 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. Simpson did not return calls. Hanover was established in 1727, a little over 100 years after the Pilgrims landed in Plymouth, 17 miles to our south. 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. Lets be clear: Management determines how much journalism their journalism companies actually produce. Enter your email address to follow this blog and receive notifications of new posts by email. $330,000 Last Sold Price. We've received your submission. It invokes, Bank fraud charges might also be filed against you. Get the latest business insights from Dun & Bradstreet. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); Thanks for contacting us. The Nieman Journalism Lab is a collaborative attempt to figure out how quality journalism can survive and thrive in the Internet age. Last modified February 23, 2017. 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. Nieman Journalism Lab. 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. As of June 14, 177 of the 553 newspaper carriers who were eligible for money had submitted claims, according to court documents. Clear. Under the terms of the settlement, GateHouse will pay up to $425,000. Nieman Journalism Lab. You are wasting your money, as you'll never see your newspaper!