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It recently announced plans to consolidate 50 local weekly newspapers in Massachusetts into 18 regional papers. They were approved on 05-05-2021 by the SBA for an amount of 535000 USD. When a person is charged with PPP loan scam charges, they can face multiple civil and criminal penalties. This story has been shared 150,222 times. 0:42. Its the cutbacks at the smaller papers the roots of the pre-Fortress GateHouse chain that may be most telling. Interested in working in a well-consolidated company developing systems for companies all over the globe? The Nieman Journalism Lab is a collaborative attempt to figure out how quality journalism can survive and thrive in the Internet age. 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. Subscribers should send payments to Gannett Holdings LLC SE, PO Box 660238, Dallas, TX 75266-0238. . The data presented on this page does not represent the view of Gatehouse Media Massachusetts I Inc and its employees or that of Zippia. If you think GATEHOUSE MEDIA MARYLAND HOLDINGS INC has done something nefarious, then report them here using the review box at the bottom of the page. (CEO Mike Reed explained that drop by pointing to the outsized $43 million gain the company made on its Las Vegas sale in 2015.) Please contact usif you find an error in the database. By the terms of its agreement to manage the company, Fortress earned $19.4 million in compensation last year from New Media, based on the conventional private equity standards of a management fee of 1.5 percent of New Medias total equity and incentive compensation. Each acquisition increases that total equity, providing a compelling rationale for more buying of newspapers. [4] Get the latest business insights from Dun & Bradstreet. As of May 31, 2019, GateHouse Media publishes 156 daily newspapers and hundreds of . Nieman Journalism Lab. Thats a good business story. Also in this issue, the Right's attempt to rewrite history in India, the Kurdish feminist revolution and is Ron DeSantis the next Trump . and can be safely. GateHouse Media, Inc. provides publications services. Cookie Settings/Do Not Sell My Personal Information. The managers and the investors are the victors, the readers and the journalists the losers. 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. 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. GateHouse has hired a third-party firm to administer the settlement. There was a lot of talk about limiting newsroom layoffs when GateHouse Media bought Gannett at the end of 2019. An ominous merger of the nation's two largest newspaper chains was buried in the business pages this week. Boston Globe, 11/30/2008. The long-rumored merger of Gannett's 110 dailies and GateHouse's 156 was announced this afternoon by both companies. We've received your submission. Happiness rating is 48 out of 100 48 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 primary goal of PPP loans was to help businesses survive the pandemic and ensure that people dont lose their employment. 4 Mar. | last = Doctor 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 . 2023 Advance Local Media LLC. 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. Try searching for similar jobs, similar companies, or nearby cities. 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. These amounts were reported to the SBA by the company. Community Development and Municipal Inspections, Center/Sylvester School Building Committee, WaterSmart MS4 Sediment and Erosion Control Poster. A leadership void in newspaper companies has opened up local journalism further to private equity firms looking to vacuum out profits. GateHouse continued to fight the suit, arguing that federal law preempted state law on this issue. Last modified February 23, 2017. 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. We are looking forward to assisting you. It's Secure. Mark Batten, an attorney for GateHouse, said he was not allowed to comment on the settlement. 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. A year ago I wrote about the Lens ployhereand here. 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. GateHouse Media. Just click here to sign up via Patreon. According to a court filing, the settlements will range from $1.54 to $1,741.63, with an average settlement payment of $518.87. Starting March 1, 2019, in regard to the payment of legal advertisements for public hearing notifications, Gatehouse Med If all goes according to plan, America's two largest newspaper chains will become one by the end of the year. See Gatehouse Media salaries collected directly from employees and jobs on Indeed. . 552 (Freedom of Information Act) and 5 U.S.C. Please note that all salary figures are approximations based upon third party submissions to Indeed. 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 . Accessed March 4, 2023. https://www.niemanlab.org/2017/02/newsonomics-softbank-fortress-trump-and-the-real-story-of-gatehouses-boundless-ambition/. 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. A free inside look at Gatehouse Media salary trends based on 47 salaries wages for 40 jobs at Gatehouse Media. User experience and cybersecurity . Often, however, whistleblowers & employees reveal that their employers have abused their funds. Start making your online monthly payments today by creating your account below. No salaries for GateHouse Media Distribution Manager in Tallahassee, FL. Apple News too corporate for you? GATEHOUSE MEDIA MARYLAND HOLDINGS INC applied and was granted a PPP loan, GATEHOUSE MEDIA MARYLAND HOLDINGS INC is located in Hagerstown,MD, As per GATEHOUSE MEDIA MARYLAND HOLDINGS INC, 535000 USD went towards payroll proceeds, HSBC Bank USA, National Association in MCLEAN,VA financed GATEHOUSE MEDIA MARYLAND HOLDINGS INCs PPP Loan. Residents may also make payments online by credit card for an additional fee. 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. Is NORTHSTAR SPECIAL SERVICES, INC a Scam? We don't just need solutions; we need the courage to imagine they will succeed, and the collective will to make them happen. Hours of work are 145 am to 1030 am seven days a week. VAT/CVR. The employee data is based on information from people who have self-reported their past or current employments at Gatehouse Media Massachusetts I Inc. 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. 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. 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. 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. 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. Helpfulness Rating Date. Under the agreement, subscribers may receive a refund or have their subscriptions extended if the proposed settlement is approved in Superior Court. Those numbers may have knocked about 4 percent off the share price this week. of Community Development and Municipal Inspections (CDMI) that requires the posting of a public hearing. It believed in its methods to cut costs by replacing inconsistent management. | accessdate = 4 March 2023 There is no record of GATEHOUSE MEDIA MARYLAND HOLDINGS INC committing any sort of PPP Scam reported anywhere. Thats about a tenth of all the 1,375 dailies in the country. The two sides ultimately reached a settlement, which was approved June 28 by Norfolk Superior Court Judge Diane Freniere. GateHouse Media, Pittsford (town), New York. Gatehouse Media Massachusetts I Inc pays $19.89 an hour, on average. 2.4 Management. The Company publishes local newspaper, management structure, short biographies, and, articles, as well as offers marketing, and online . As Fortress restructured, it began put together its investment pools four years ago. Gatehouse Media employees attributed a compensation and benefits rating of 2.5/5 stars to their company. Similar Businesses Nearby Nearby Recently Sold Homes. If you have any questions, please contact Sandy MacFarlane or Derek Vozzella at 781-826-6505. make payments. }}, To promote and elevate the standards of journalism, Covering thought leadership in journalism. Sort by. saying The U.S. will become great again, Son offered. New York Observer, 5/15/2015, Dan Kennedy exercises the bloggers imperative to bloviate beyond his expertise. v. GateHouse Media, LLC, et al. A world of community leadership as uneven as it really was over the decades has been quickly eroded. Try searching for similar jobs, similar companies, or nearby cities. "Newsonomics: Softbank, Fortress, Trump and the real story of Gatehouses boundless ambition." 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. This employer has not claimed their Employer Profile and is missing out on connecting with our community. 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. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); Thanks for contacting us. 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. 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. 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. Based in Pittsford, New York, GateHouse Media is one of the largest publishers of local-market print and digital media in the U.S. 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. You are wasting your money, as you'll never see your newspaper! Address. 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. Theres rich irony here: The retirement funds of those in the news industry, among many others, helps fund these New Media takeovers, which in turn result in more job cutbacks and the thinning of journalism in communities from coast to coast. (614) 461-5000. Heres another: All information displayed on this page is publicly available information under PPP loan guidelines, in compliance with 5 U.S.C. Hanover was established in 1727, a little over 100 years after the Pilgrims landed in Plymouth, 17 miles to our south. computer. The case went up to the Appeals Court, which ruled in 2018 in favor of the newspaper carriers. Get your business & brand in front of the right audience with our special offers, limited time deals, seasonal . 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), 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. The authorities have been rather vigilant in finding people who committed, Yes. 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.) Newsonomics: Softbank, Fortress, Trump and the real story of Gatehouses boundless ambition. Find company research, competitor information, contact details & financial data for Gatehouse Media Oklahoma Holdings, Inc. of Ardmore, OK. Get the latest business insights from Dun & Bradstreet. View customer complaints of GateHouse Media, Inc, BBB helps resolve disputes with the services or products a business provides. Highest Paying Job At Gatehouse Media Massachusetts I Inc, Highest Paying Department At Gatehouse Media Massachusetts I Inc. 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. If you purchase a product or register for an account through one of the links on our site, we may receive compensation. During round 1 of the paycheck protection program, GATEHOUSE MEDIA MARYLAND HOLDINGS INC requested a PPP loan for 535000 USD. 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. 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. 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. 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. How much do Gatehouse Media employees make? Generally, worker classification impacts things like whether a company must pay for unemployment insurance and workers compensation, withhold taxes and adhere to overtime laws. Make no mistake: The New Media playbook has been executed well. New Users. new metro-oriented change Knight-Lenfest grant, the GateHouse method works in the short-term, Nieman Foundation for Journalism at Harvard University. GateHouse Group Our tracking data currently support major global logistic operators creating transparency. Critics of such management contracts point to the increased overhead they bring to news enterprises that badly need reinvestment. Contact Information. Ft. 117 Brook Hollow Ln, Red Oak, TX 75154. Though its outdated site leaves out acquisitions made years ago, the company now owns more than 130 dailies. Thats a better performance than its peers. Please support this free blog by becoming a member of Media Nation. 4 %. 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. Newcastle . In some cases, GateHouse has encircled these family operations, and then offered just enough to close a sale. Those nice dividend checks mean fewer journalist paychecks. Gatehouse Media, LLC CLAIM THIS BUSINESS. Password protected. Both CEO Mike Reed and CFO Greg Freiberg draw their compensation from Fortress; COO Kirk Davis is a New Media employee. Los Angeles Times correspondent Matt Pearce shared his thoughts on the pay package on Twitter. . How much are their once-robust newspapers, especially across the kinds of heartlands that New Media serves, helping them separate fact from fiction? Enter your email address to follow this blog and receive notifications of new posts by email. Newsletters and Marketing Resources. No salaries for GateHouse Media Internal Audit in Poughkeepsie, NY. 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. The cost is $5 a month. Gatehouse Media employees attributed a compensation and benefits rating of 2.5/5 stars to their company. Glassdoor has salaries, wages, tips, bonuses, and hourly pay based upon employee reports and estimates. Strmmen 6 The nations largest newspaper chain just got a whole lot bigger. The job as district circulation clerk at Gatehouse media is very demanding. Retrieved March 4, 2023, from https://www.niemanlab.org/2017/02/newsonomics-softbank-fortress-trump-and-the-real-story-of-gatehouses-boundless-ambition/. GATEHOUSE MEDIA MARYLAND HOLDINGS INC took out a PPP loan worth $535000 for Payroll Processing for it's 54 employees. 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. Save my name, email, and website in this browser for the next time I comment. No salaries for GateHouse Media Senior Hr Business Partner in Adona, AR. The settlement is restricted to papers that carried Lens, and are concentrated in Greater Boston. Lets analyze. One of the Big Apple's largest office building owners is gearing up to stop loan payments on several older properties, calling some "obsolete" in a post-pandemic world, according to a report in the Financial Times. GateHouse Media, Inc. (NYSEARCA:NYSEARCA:GHS) Q2 2008 Earnings Call August 8, 2008 10:00 AM ETExecutivesMark Maring - Investor RelationsMichael E. 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. 500 SUNSET AVE ASHEBORO, NC 27203 Get Directions (336) 626-6103. www.gatehousemedia.com . The company also made headlines locally in May when it reduced the editorial staff of Worcester Magazine to a single reporter. 2.5 Baths. The answer, of course, isnt singular. The newspaper and 10 others have been purchased by GateHouse Media in a transaction that closed Monday. As we have discussed earlier, GATEHOUSE MEDIA MARYLAND HOLDINGS INC received a substantial amount of money through the SBA program. Doctor, Ken. Clear. 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. {{cite web All. Gatehouse owns mostly smaller papers. User experience and cybersecurity are paramount for us. The company reported a more-than-50-percent drop in both net income and earnings-per-share for 2016. 3 Beds. However, the newspaper company will not have to change its practices. 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. Over the weekend, Knight Foundation veteran Eric Newton asked a profound question on Twitter: Have news media CEOs said anything about a president who loudly accuses their people and companies of dishonesty?. Inquiries or questions regarding GateHouse Group or general GateHouse information? The court never explicitly ordered GateHouse to reclassify the drivers because the two sides reached a settlement while litigation was still ongoing. Gatehouse Media Massachusetts I Inc pays an average of $41,376 per year, or $19.89 an hour. Offer valid with only a $1,500 minimum digital campaign spend, and cannot be combined with any other offer. User Rating for GATEHOUSE MEDIA MARYLAND HOLDINGS INC, whistleblowers & employees reveal that their employers have abused their funds, 5 U.S.C. Word of an overall 4.6 percent budget cut across the chain is rifling through company. Simpson did not return calls. 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. The settlement Class covers persons who, between April 1, 2014 and March 21, 2017: Resided in Massachusetts; Purchased a subscription to a GateHouse Media publication from GateHouse Media; Received one or more Premium Edition publications; Were charged a surcharge for the Premium Editions; and. 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. 54 (b), 365 Mass. Lens carried acover price of $3.95, thoughsubscribers to the papers were assessed $2. Full time work week is 77.50 hours per week. If the president attacked any other industry, what would the response be?. 2,097 Sq. How much do Gatehouse Media employees make? New Medias CEO Mike Reed then gobbled up small US newspaper companies. 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. Given a better 2015, it generated $39.7 million total in 2015 and only $5.7 million in 2014. . Those add to its impressive reach: 19 million people through 564 community print publications, 489 websites, 476 mobile sites. Under the terms of the settlement, GateHouse will pay up to $425,000. 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. Doctor, K. (2017, Feb. 23). 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 companys practice of charging for premium publications that subscribers hadnt asked for. 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. 2023 DataOceans LLC for GateHouse Media. How much does Gatehouse Media - Administrative Assistance in the United States pay? Their customer service department is deplorable. 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. 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 . Fortress reaped lucrative management fees along the way to the tune of $21.8 million in 2018. 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. " 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)