Turns Out Warren Buffett Won’t Be The Billionaire Who Saves Newspapers Either

By JOSHUA BENTON AND KEN DOCTOR  Circa 2012, one of the most popular lines among American newspaper journalists went something like this: “Newspapers can’t be that terrible of a business if Warren Buffett, the smartest investor in the world, wants in.” That was the year that Buffett’s Berkshire ...

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Newsonomics: The Gannett–GateHouse Merger Is Really Happening, And Expect To See More Than 10% Of Jobs Cut Off The Top

The megamerger is really happening. Expect the new Gannett — the brand that will survive that chain’s acquisition by GateHouse Media — to officially take wobbly flight soon, perhaps around Thanksgiving. Both companies, the country’s No. 1 and No. 2 newspaper publishers, say it’s full speed ...

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Newsonomics: The Perils — And Promises — Of New Gannett

  There’s the megamerger, and then there are the numbers: $1.8 billion, 11.5 percent interest, 5 years, $300 million, 18 percent…and many more.   RELATED ARTICLE Newsonomics: The GateHouse/Gannett newspaper megamerger could be announced as soon as Monday morning August 4, 2019 ...

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Newsonomics: The GateHouse/Gannett Newspaper Megamerger Could Be Announced As Soon As Monday Morning

  Editor’s note: Gannett and GateHouse officially announced the merger Monday afternoon. Here’s the company announcement, confirming that the company will be called Gannett, be based at Gannett’s headquarters, and retain GateHouse’s New Media Investment Group CEO Mike Reed. Barring ...

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Newsonomics: The Potential GateHouse/Gannett Merger Shows “More Scale!” Is Still The Newspaper Industry’s Top Strategy

Call it megaclustering. If a GateHouse/Gannett merger — rumored for weeks, today reported as a deal in some stage of progress by The Wall Street Journal — becomes reality, about 1 of every 6 daily newspapers in the United States would be owned by a single company. Totaled up, 267 dailies would ...

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Newsonomics: Gannett Turns Back Alden, But It’s Just A Hiccup Before The Big Rollup In The Sky

It seems like a return to status quo ante. But the ante may have changed. No surprises: Today, Gannett shareholders officially rejected Alden Global Capital’s amateurish efforts to win board seats and push the country’s biggest newspaper chain by revenue to sell itself. RELATED ARTICLE ...

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