Newsonomics: With Its Merger Approved, The New Gannett Readies The Cost-Cutting Knife

You think $300 million in costs cut is a big number? Try $400 million. Or more than $400 million. Those are the internal numbers in the air as America’s two largest newspaper chains, Gannett and GateHouse, try to land their megamerger, first announced in August. Follow the money: When I ...

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Newsonomics: It’s Looking Like Gannett Will Be Acquired By GateHouse — Creating A Newspaper Megachain Like The U.S. Has Never Seen

The deal isn’t yet finished. But I’m told by multiple sources that there are no major stumbling blocks left to negotiate in a megamerger between the United States’ two largest daily newspaper chains — Gannett and GateHouse. It’s increasingly likely to happen, with an announcement by summer’s ...

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Newsonomics: GateHouse Makes Lemonade Out of Big Layoffs and New Investigative Teams

Today’s editorial managers find themselves in the lemonade business. Their assembly line of lemons keeps gaining speed, and they have to constantly find new recipes to make lemonade out of thinner and thinner ingredients. On Thursday, GateHouse — a.k.a. New Media Investments, or NEWM — ...

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Newsonomics: GateHouse’s Mike Reed Talks About Rolling Up America’s News Industry

    The news shocked long-time newspaper observers two months ago: “Tampa Bay Times to be sold to GateHouse Media in $79M deal.” Had GateHouse devoured yet another storied publisher? No: It was a FloridaPolitics.com April Fool’s prank played out to a near-incredulous audience. Mike ...

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Newsonomics: GateHouse Goes Bigger, Buying Austin’s Daily and Eyeing The Palm Beach Post

GateHouse Media, though suffering through all the same revenue woes as its peers, is about to get significantly bigger.   RELATED ARTICLE Newsonomics: Will Michael Ferro double down on newspapers or go digital? February 21, 2018     Earlier today, GateHouse officially became the ...

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Newsonomics: Softbank, Fortress, Trump – and The Real Story of Gatehouse’s Boundless Ambition

Sometimes when you connect the dots, you just get more dots. It looked like head-turning news: A Japanese company had taken control of one of America’s largest newspaper chains, New Media Investment Group, a.k.a. GateHouse Media. Tuesday’s headline: “Robotics and tech firm SoftBank Japan ...

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Newsonomics: The Financialization of News Is Dimming the Lights of the Local Press

There’s a nice scene in Hail, Caesar!, the Coen brothers’ latest movie, in which one Hollywood character astutely observes: “We’re not talking about money — we’re talking about economics.” Indeed. This year’s crazy-making U.S. presidential election further illuminates and blurs that divide. ...

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After Adelson: Gatehouse Moves to Repair Las Vegas Damage

The company that runs the Las Vegas Review-Journal is taking steps this week to repair its reputation after a series of reports of sketchy-seeming journalistic practices related to the recent sale of the newspaper to casino magnate Sheldon Adelson (“The new breed of newspaper mogul: On ...

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