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. Loans issued under the PPP carry a 1% interest rate, but the loans are completely forgivable if certain conditions are met. The company reported a more-than-50-percent drop in both net income and earnings-per-share for 2016. Discounts, Offers and Advertising Opportunities. 2.9 Work-Life Balance. The primary goal of PPP loans was to help businesses survive the pandemic and ensure that people dont lose their employment. 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. 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. How much do Gatehouse Media employees make? Heres another: All information displayed on this page is publicly available information under PPP loan guidelines, in compliance with 5 U.S.C. Value of Showcase ad is $600. Please support this free blog by becoming a member of Media Nation. 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). The cost is $5 a month. Email this Business. 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. 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. 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 . Furthermore, GateHouse is closed on December 31. 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. 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. I agree to receive promotional communication from GateHouse Media and its affiliates. Its smallest are weeklies with barely more than 1,000 paid subscribers, such as the Bolton Common, the Norton Mirror, and the Georgetown Record.. Happiness rating is 48 out of 100 48 Highest Paying Job At Gatehouse Media Massachusetts I Inc, Highest Paying Department At Gatehouse Media Massachusetts I Inc. 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. It published 144 daily newspapers, 684 community publications, and over 569 local-market websites in 38 states. 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. Los Angeles Times correspondent Matt Pearce shared his thoughts on the pay package on Twitter. 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. 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. 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. Box 779 Worthington, OH 43085 614-406-5651 info@gatehousemediapartners.com . 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. Disclosure would be clearer and more prominent than it had beenpreviously. Under the settlement, GateHouse continues to deny any wrongdoing. As tax-payers, we need to hold businesses accountable and ask serious questions. GateHouse Media, Inc. (NYSEARCA:NYSEARCA:GHS) Q2 2008 Earnings Call August 8, 2008 10:00 AM ETExecutivesMark Maring - Investor RelationsMichael E. The community relies on everyone sharing. The merger, which would combine Gannett with Gatehouses publicly traded New Media Investment Group, was formally unveiled Monday following months of negotiations. This loan's status is reported by the SBA as "Paid in Full", which includes both loans repaid and those fully forgiven from repayment under PPP guidelines. King died while the lawsuit is ongoing, and the administrator of his estate, Suzanne Carey, replaced King as the named plaintiff. 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. "Newsonomics: Softbank, Fortress, Trump and the real story of Gatehouses boundless ambition." Critics of such management contracts point to the increased overhead they bring to news enterprises that badly need reinvestment. 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. Based on her account, delivery was started on 6/26/22 and . 370 Jay Street, 7th Floor But have they used it correctly? [4] " 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) computer. COO Kirk Davis isn't far behind Reed. Salaries posted anonymously by Gatehouse Media employees. Its more than that though. new metro-oriented change Knight-Lenfest grant, the GateHouse method works in the short-term, Nieman Foundation for Journalism at Harvard University. SOLD FEB 9, 2023. If you purchase a product or register for an account through one of the links on our site, we may receive compensation. 2.5 Pay & Benefits. Make no mistake: The New Media playbook has been executed well. The settlement is restricted to papers that carried Lens, and are concentrated in Greater Boston. We can do the math on what the financialization of these community papers has meant, from Massachusetts to California. Whats the best way to follow how the news is changing? 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. Furthermore, GateHouse is closed on December 31. GateHo For the first time in nearly 35 years, The Florida Times-Union is under new ownership. Fortress reaped lucrative management fees along the way to the tune of $21.8 million in 2018. If you do not want us and our partners to use cookies and personal data for these additional purposes, click 'Reject all'. Ft. 117 Brook Hollow Ln, Red Oak, TX 75154. Your trust is our top concern, so companies can't alter or remove reviews. How much does Gatehouse Media - Administrative Assistance in the United States pay? For that work, it gets paid, and well do that math below. Get Directions. Language. Get your business & brand in front of the right audience with our special offers, limited time deals, seasonal . Thats a lot of new potential profit and another potential reason for news industry leaders to keep their mouths shut. Word of an overall 4.6 percent budget cut across the chain is rifling through company. As Fortress restructured, it began put together its investment pools four years ago. The starting pay at Gatehouse Media Massachusetts I Inc is $27,000 per year, or $12.98 per hour. VAT/CVR. 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). United States 287 reviews. Gatehouse Media, LLC CLAIM THIS BUSINESS. The court never explicitly ordered GateHouse to reclassify the drivers because the two sides reached a settlement while litigation was still ongoing. It does, however, manage and control New Media, an investment vehicle it created out of GateHouse Medias 2013 $1.2 billion bankruptcy. They find its dividend just increased to 35 cents per quarter attractive. 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 . }}, To promote and elevate the standards of journalism, Covering thought leadership in journalism. GateHouse Media to condense 50 weekly Massachusetts newspapers into 18. 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. Launched in March 2020 in response to the economic uncertainty that was triggered by the novel coronavirus (COVID-19) pandemic, the PPP made hundreds of millions of dollars in federal funding available to businesses struggling as a result of the pandemic. If you have competences and qualifications that could match GateHouse please send your application. 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. Thats about a tenth of all the 1,375 dailies in the country. 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. 2.5 Baths. Where does the acquisition money come from? Under the terms of the settlement, GateHouse will pay up to $425,000. Nearby homes similar to 107 Gatehouse Dr have recently sold between $330K to $434K at an average of $155 per square foot. 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. To be sure, theres a chill in the air, and courage isnt easy to come by. If all goes according to plan, America's two largest newspaper chains will become one by the end of the year.