Now it becomes part of an even larger portfolio, as Softbank emerges, post-acquisition with about $170 billion in managed assets. 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. In some cases, GateHouse has encircled these family operations, and then offered just enough to close a sale. 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. GateHouse Group 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. 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. They were approved on 05-05-2021 by the SBA for an amount of 535000 USD. The Reverse Scooby-Doo theory of tech innovation comes with the excuses baked in, How will journalists use ChatGPT? How much are their once-robust newspapers, especially across the kinds of heartlands that New Media serves, helping them separate fact from fiction? Highest Paying Job At Gatehouse Media Massachusetts I Inc, Highest Paying Department At Gatehouse Media Massachusetts I Inc. Accessed March 4, 2023. https://www.niemanlab.org/2017/02/newsonomics-softbank-fortress-trump-and-the-real-story-of-gatehouses-boundless-ambition/. Save my name, email, and website in this browser for the next time I comment. Ft. 117 Brook Hollow Ln, Red Oak, TX 75154. Its interesting that Gannett never declared bankruptcy but it is Gatehouse that is buying them, noted Ken Doctor, whose Newsonomics column predicted the deal would be unveiled on Monday. Please note that all salary figures are approximations based upon third party submissions to Indeed. Box 779 Worthington, OH 43085 614-406-5651 info@gatehousemediapartners.com . Furthermore, GateHouse is closed on December 31. Value of Showcase ad is $600. 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. PAYMENT DUE DATE May 20, 2022 TOTAL AMOUNT DUE $107.04 FEDERAL ID 84-1711503 BILLING INQUIRIES/ADDRESS CHANGES 1-877-736-7612 or smb@ccc.gannett.com Legal Entity: Gatehouse Media Massachusetts l, Inc. Get your business & brand in front of the right audience with our special offers, limited time deals, seasonal . Its parent company, New Media Investment Group, merged with Gannett in 2019. [4] Our tracking data currently support major global logistic operators creating transparency. Mark Batten, an attorney for GateHouse, said he was not allowed to comment on the settlement. 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. 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. Gatehouse Media Massachusetts I Inc Salaries, To create our salary estimates, Zippia starts with data published in publicly available sources such as the U.S. Bureau of Labor Statistics (BLS), Foreign Labor Certification Data Center (FLC). The legal documents in the case are posted here. The cost is $5 a month. GateHouse is the acquiring . Fri: 08.00 15.00 Please be aware that listing the correct mailing address for all Applicants is essential to avoid delays in the public hearing process. Glassdoor has salaries, wages, tips, bonuses, and hourly pay based upon employee reports and estimates. Get the latest business insights from Dun & Bradstreet. Its not the only playbook out there, but its the most used. Some SEC filings can help us find some clarity. Its the cutbacks at the smaller papers the roots of the pre-Fortress GateHouse chain that may be most telling. If antitrust regulators approve the merger, GateHouse . 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.. .css-r1m4lw{background-color:#20262e;border-radius:50%;}.css-r1m4lw > svg > path{fill:#fff;}Add your salary. 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. The carriers argued that, under state law, drivers should be classified as employees, not independent contractors. GateHouse Media is the largest publisher of locally-based print and online media in the United States. 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. 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. 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. Thats about a tenth of all the 1,375 dailies in the country. About us. 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. But Fortress doesn't own New Media; its actual holding of about 74,000 shares out of New Media's 53 million amounts to less than 1 percent of the company. Web. *Update:I have learned that the proposed settlement pertains to most but not all GateHouse Media papers in Eastern Massachusetts. Boston Globe, 11/30/2008. Lets be clear: This is a very, very small matter. 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. Try searching for similar jobs, similar companies, or nearby cities. . GateHouse Media, Pittsford (town), New York. 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. The company will retain the Gannett name and the companys McLean., Va., headquarters. (CET during winter and CEST during summer). Lets analyze. Gatehouse media publishes two daily newspapers, two weekly publications, and one monthly and one bi-monthly magazines in Rhode Island. " 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) Word of an overall 4.6 percent budget cut across the chain is rifling through company. 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. 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. 2023 NYP Holdings, Inc. All Rights Reserved, More than 200 Gannett staffers stage one-day strike over wages, Gannett apologizes for running obituary trashing ex-NYPD cop, USA Today demoted me for a tweet because its woke newsrooms are out of touch with readers, USA Today removes 23 articles after reporter fabricated sources. Sort by. 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). 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. Is FOUNTAIN ROCK MANAGEMENT CORPORATION a Scam? Patriot Ledger. Loans issued under the PPP carry a 1% interest rate, but the loans are completely forgivable if certain conditions are met. New York Observer, 5/15/2015, Dan Kennedy exercises the bloggers imperative to bloviate beyond his expertise. Instead of being billed for the additional Premium . Under the terms of the settlement, GateHouse will pay up to $425,000. . Attorney James Simpson, who represented the carriers, will get $141,652. King died while the lawsuit is ongoing, and the administrator of his estate, Suzanne Carey, replaced King as the named plaintiff. User Rating for GATEHOUSE MEDIA MARYLAND HOLDINGS INC, whistleblowers & employees reveal that their employers have abused their funds, 5 U.S.C. 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. Is THOMAS, BENNETT & HUNTER, INC. a Scam? "Newsonomics: Softbank, Fortress, Trump and the real story of Gatehouses boundless ambition." Try this app, Those meddling kids! New talents are needed at GateHouse. One takeaway: The greatest likelihood coming out of the Fortress sale, at least in the short term, is steady as she goes. Locally, Gannett owns northern NJs Record and the Journal News in NYs Westchester and Rockland counties. Last modified February 23, 2017. Overall Benefits Rating.css-11cfy92{color:#0caa41 !important;}.css-11cfy92{color:#0caa41 !important;}3. GateHouse has hired a third-party firm to administer the settlement. 3 Beds. Apple News too corporate for you? 0:42. Clues from a newsroom thats been using AI for years. Fysisk lag FPGA udvikler / FPGA Developer. 7 reviews of GateHouse Media "Don't have the MetroWest Daily News home delivered! 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. 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. VAT/CVR. | ref = {{harvid|Doctor|2017}} 370 Jay Street, 7th Floor saved to your. This will discontinue the policy of submitting Gatehouse Media checks/payments to town departments for processing. 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 . To be sure, theres a chill in the air, and courage isnt easy to come by. Nieman Journalism Lab. Have news media CEOs said anything about a president who loudly accuses their people and companies of dishonesty? 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. I agree to receive promotional communication from GateHouse Media and its affiliates. 2.9 Work-Life Balance. 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. 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. 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. Just click here to sign up via Patreon. 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 . The court never explicitly ordered GateHouse to reclassify the drivers because the two sides reached a settlement while litigation was still ongoing. Clear. (Tronc stands at about $500 million, Lee Enterprises at $145 million, A.H. Belo at $135 million, and McClatchy at $89 million.) Please contact usif you find an error in the database. Please support this free blog by becoming a member of Media Nation. Address. 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. 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. This has led to worry of widespread fraud (and a few highly-publicized cases of fraudulent PPP loan applications), and it has forced numerous federal agencies to turn their attention to combatting PPP loan fraud. Denmark GateHouse Group Strmmen 6 DK-9400 Nrresundby. Is PPP Loan Fraud The Largest Fraud Of All Time? Contact Information. PPP Loan # 6890988904. The settlement is restricted to papers that carried Lens, and are concentrated in Greater Boston. GateHouse Media is a leader in local content and advertising in hundreds of communities across the country. 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), Tuesdays headline: Robotics and tech firm SoftBank Japan purchases newspaper company GateHouse Media. Our tracking data currently support major global logistic operators creating transparency. Help advance the Nieman Foundations mission to promote and elevate the standards of journalism, 2023 by the President and Fellows of Harvard College. GateHouse SatCom A/S: DK26040299 If we stay on the current trajectory, its utterly plausible that AI language tools will begin to blend into our daily workflows, similar to how Google and Google Translate have. The nations largest newspaper chain just got a whole lot bigger. 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. Its a project of the Nieman Foundation for Journalism at Harvard University. Newcastle . If you do not want us and our partners to use cookies and personal data for these additional purposes, click 'Reject all'. Whats the best way to follow how the news is changing? 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. And, like other buyers, it recognized that so much of newspapers remaining trade value is in their tangible real estate. For those searching out nefarious conspiracy in the news media ownership world, this initial GateHouse conspiracy story may be a disappointment. 11201 Brooklyn, NY, GateHouse Holding A/S: DK12948700 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.. 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. 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. Its smallest are weeklies with barely more than 1,000 paid subscribers, such as the Bolton Common, the Norton Mirror, and the Georgetown Record.. For more information, please contact Dan Kennedy at dan dot kennedy at northeastern dot edu. You must attribute this work to Media Nation (with link). 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. 2.5 Pay & Benefits. 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. 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. As Fortress restructured, it began put together its investment pools four years ago. 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. Stay up-to-date on the latest best practices, tips & tricks, e-books, infographics, and other marketing resources to help grow your business. Ratings by category. If you would like to customise your choices, click 'Manage privacy settings'. 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. GateHouse Media. 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. President and Fellows of Harvard College, unless otherwise noted. We, Yahoo, are part of the Yahoo family of brands. Community Development and Municipal Inspections, Center/Sylvester School Building Committee, WaterSmart MS4 Sediment and Erosion Control Poster. It invokes, A PPP loan fraud also includes making false statements to a financial institution, a federal crime. For that work, it gets paid, and we'll do that . Offer valid with only a $1,500 minimum digital campaign spend, and cannot be combined with any other offer. What do voting Americans know? View customer complaints of GateHouse Media, Inc, BBB helps resolve disputes with the services or products a business provides. 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. . As recently, as three weeks ago, New Media bought five daily Dix newspaper properties in northeastern Ohio. 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? A world of community leadership as uneven as it really was over the decades has been quickly eroded. As of June 14, 177 of the 553 newspaper carriers who were eligible for money had submitted claims, according to court documents. 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. 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. GateHouse Media to condense 50 weekly Massachusetts newspapers into 18. During round 1 of the paycheck protection program, GATEHOUSE MEDIA MARYLAND HOLDINGS INC requested a PPP loan for 535000 USD. Newsonomics: Do newspaper companies have a strategy beyond milking papers for profit? Gatehouse Media Massachusetts I Inc pays $19.89 an hour, on average. Many of GateHouse's Massachusetts papers are venerable, stretching back several . 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. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); IsItaScam.com allows you to expose any case where someone created a fictitious entity to get a loan, overstated the number of employees or size of payroll to get a bigger loan than was permitted, or misused the proceeds for something other than the authorized expenses. IIAS intends to offer a platform where suspicious activities related to PPP loan can be shared and discussed in a secure environment. 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. Gatehouse Media employees attributed a compensation and benefits rating of 2.5/5 stars to their company. However, the newspaper company will not have to change its practices. While the companys $800 million market cap is impressive, with fewer newspaper properties, it could claim a $1.12 billion valuation in early 2015. GateHouse USA Corp. These amounts were reported to the SBA by the company. GATEHOUSE MEDIA MARYLAND HOLDINGS INC took out a PPP loan worth $535000 for Payroll Processing for it's 54 employees. Meet the first-ever artificial intelligence editor at the Financial Times. We are looking for both new graduates and experienced developers. A free inside look at Gatehouse Media salary trends based on 47 salaries wages for 40 jobs at Gatehouse Media. The answer, of course, isnt singular. 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. And with a market value of $800 million, it stands second only to Gannetts ($1 billion) among public newspaper firms. It's Secure. Subscribers should send payments to Gannett Holdings LLC SE, PO Box 660238, Dallas, TX 75266-0238. . All other trademarks are property of their respective owners. Recommend to a Friend. Those nice dividend checks mean fewer journalist paychecks. GateHouse made a contract proposal for retroactive medical and dental increases or a corresponding pay reduction, if the employee so chooses. Businesses who took out these loans could spend the borrowed sum on: Federal authorities are aggressively targeting individuals and companies for PPP loan fraud. This story has been shared 150,222 times. We don't just need solutions; we need the courage to imagine they will succeed, and the collective will to make them happen. We are looking forward to assisting you. 62 E Broad St. Columbus, OH 43215-3503. All. New Users. Nearby homes similar to 107 Gatehouse Dr have recently sold between $330K to $434K at an average of $155 per square foot. The long-rumored merger of Gannett's 110 dailies and GateHouse's 156 was announced this afternoon by both companies. No salaries for GateHouse Media Senior Hr Business Partner in Adona, AR. His supposed promise, accompanied by the firm Trump hand on Sons shoulder: $50 billion in U.S. investment, aiming to create 50,000 jobs. The managers and the investors are the victors, the readers and the journalists the losers. Inquiries or questions regarding GateHouse Group or general GateHouse information? It calls for Gannetts shareholders to receive $6.25 in cash and 0.5427 worth of New Media shares for each share of Gannett. Advertising fees to be billed directly to Applicant by Gatehouse Media. 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. Newsonomics: Softbank, Fortress, Trump and the real story of Gatehouses boundless ambition. 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. 552 (Freedom of Information Act) and 5 U.S.C. Kings estate will get $7,500 to compensate him for being the lead plaintiff. make payments. Mon Thurs: 08.00 16.00 . A year ago I wrote about the Lens ployhereand here. Often, however, whistleblowers & employees reveal that their employers have abused their funds. Hanover was established in 1727, a little over 100 years after the Pilgrims landed in Plymouth, 17 miles to our south.