…management’s decision to cut hundreds of jobs. Last year, Vice was acquired by Fortress Investment Group after declaring bankruptcy. Fortress is the same private equity group that controlled Gatehouse before it…
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DOJ and FTC need to scrutinize news mergers
…cross ownership, laying out several examples where hedge fund Alden Global Capital purchased shares of Gannett, Gatehouse, Tribune Publishing and Lee Enterprises before making attempts to purchase each of them….
Here’s how you can support striking Guild members
…CEO Mike Reed this week. Under Reed’s stewardship of the company following the merger of GateHouse Media and Gannett Media in November 2019, newsrooms have been hollowed out, local news…
Unions, public interest advocates thwart hedge fund’s attempted takeover of local news and set groundbreaking FCC precedent
…also financed the disastrous merger of Gatehouse and Gannett in 2019, resulting in a large debt load and a 56% cut of jobs at both companies since the merger just…
Arizona Republic Newsroom Votes to Unionize
…newsroom chose to unite to protect benefits, improve working conditions and win a seat at the table. A looming merger between Republic parent company Gannett and GateHouse Media aims to…
America’s journalists want the JCPA to support journalism jobs, not hedge funds
…Since GateHouse purchased Gannett and assumed its name in November 2019, it will have cut over half its workforce by the end of this year. Meanwhile, Mr. Reed’s compensation grew…
Newsletter: The Hill journalists launch union campaign, more workers under contract
…destroying civic life and hurting our readers’ ability to participate in our democracy. Remember, Apollo helped finance the merger of Gannett and Gatehouse in 2019. Members of the Washington State NewsGuild were insulted by…
Journalists at Bucks County Courier Times and Intelligencer vote to join Guild
…and were acquired during the 2019 merger of Gatehouse Media and Gannett, creating the largest newspaper chain in the United States. Journalists in Bucks County followed the Columbus Dispatch, also…
America needs stronger reviews of news company mergers
Gannett and GateHouse merged in 2019. Alden Global Capital gobbled up Tribune Publishing in 2021. Alden made a play for Lee Enterprises in 2022 – and may make another. “Consolidation…
Newsletter: Miami walks out, Buzzfeed authorizes a strike and Condé union gets bigger
…this takeover further erode the number of local journalists in the U.S.? Remember, Apollo helped finance the Gannett-Gatehouse merger and since then we’ve lost thousands more journalists. Members of the…