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: 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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