Those nice dividend checks mean fewer journalist paychecks. We are hiring continually as the right candidates appear. As Fortress restructured, it began put together its investment pools four years ago. The settlement Class covers persons who, between April 1, 2014 and March 21, 2017: Resided in Massachusetts; Purchased a subscription to a GateHouse Media publication from GateHouse Media; Received one or more Premium Edition publications; Were charged a surcharge for the Premium Editions; and. Also in this issue, the Right's attempt to rewrite history in India, the Kurdish feminist revolution and is Ron DeSantis the next Trump . v. GateHouse Media, LLC, et al. 552 (Freedom of Information Act), Up to three-quarters of the $800 billion in disbursed PPP funds flowed to business owners instead of workers, study finds. There is no record of GATEHOUSE MEDIA MARYLAND HOLDINGS INC committing any sort of PPP Scam reported anywhere. It's Secure. The Company publishes local newspaper, management structure, short biographies, and, articles, as well as offers marketing, and online . Please note that all salary figures are approximations based upon third party submissions to Indeed. GateHouse continued to fight the suit, arguing that federal law preempted state law on this issue. Mark Batten, an attorney for GateHouse, said he was not allowed to comment on the settlement. In the companys just-filed Securities and Exchange Commission 10-K, Fortress earned $9.8 million in management fees and $9.6 million in incentive compensation, amounting to that total of $19.4 million. GateHousewould also continue to charge a $4.95 activation fee for new subscribers. Full time work week is 77.50 hours per week. Sometimes when you connect the dots, you just get more dots. 2023 Advance Local Media LLC. *Update:I have learned that the proposed settlement pertains to most but not all GateHouse Media papers in Eastern Massachusetts. New York Times CEO Mark Thompson sparred with Trump on his year-end call, but Newtons point is right on: There are CEOs of major media companies (and companies that own media companies) employing many tens of thousands of workers who are being called dishonest. New Media has bought up larger papers in Providence, Columbus, Sarasota, and Worcester, plus chains of multiple dailies, including 24 from Halifax Media (the old New York Times Regional Newspaper Group), eight dailies from Dow Jones Local Media Group and six from Stephens Media. By Dan Kennedy The press, politics, technology, culture and other passions. We've received your submission. Newsletters and Marketing Resources. User Rating for GATEHOUSE MEDIA MARYLAND HOLDINGS INC, whistleblowers & employees reveal that their employers have abused their funds, 5 U.S.C. All rights reserved (About Us). 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. 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. Heres another: All information displayed on this page is publicly available information under PPP loan guidelines, in compliance with 5 U.S.C. As tax-payers, we need to hold businesses accountable and ask serious questions. The money was extracted by shortening the length of customers subscriptions. If you have any questions, please contact Sandy MacFarlane or Derek Vozzella at 781-826-6505. Under the settlement, GateHouse continues to deny any wrongdoing. The not-very-helpful text of the notice: To learn more about the proposed class action settlement in the Steven Keenholtz, M.D., et al. GateHouse Media, Inc. (NYSEARCA:NYSEARCA:GHS) Q2 2008 Earnings Call August 8, 2008 10:00 AM ETExecutivesMark Maring - Investor RelationsMichael E. Copyright 2008-2023, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc. GateHouse Media. After eight years of litigation, GateHouse Media will pay up to $425,000 to settle a lawsuit with its newspaper carriers, who said they were misclassified as independent contractors. Its smallest are weeklies with barely more than 1,000 paid subscribers, such as the Bolton Common, the Norton Mirror, and the Georgetown Record.. 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 . How much do Gatehouse Media employees make? No salaries for GateHouse Media Distribution Manager in Tallahassee, FL. 821 (1974), declaring that David King, who had delivered the Patriot Ledger by automobile to some of its subscribers, was, under G. L. c. 149, 148B . Generally, worker classification impacts things like whether a company must pay for unemployment insurance and workers compensation, withhold taxes and adhere to overtime laws. Lets analyze. Sign In . GateHouse is the acquiring . It believed in its methods to cut costs by replacing inconsistent management. For that work, it gets paid, and well do that math below. Though GateHouses strategy makes a huge difference to the millions of people in the communities its newspapers serve, the likelihood of any new political, Trump-related pressure on this local press seems small. The math adds up to about a $9,000 cut for some employees. Interested in working in a well-consolidated company developing systems for companies all over the globe? Publishers may have to run two to three (or more) newspaper titles, and theyre judged not by their community participation but by the monthly revenue totals. As with Reeds twin announcements Tuesday more acquisitions, but also more reductions in staff we see the GateHouse/Digital First Media playbook in its full application. GateHouse USA Corp. United States GateHouse USA Corp. 370 Jay Street, 7th Floor 11201 Brooklyn, NY. In Illinois, she says, the company added to the financial misery. . And Ian Donnis of Rhode Island Public Radio writes that GateHouse continues to hack away at The Providence Journal, and that layoffs may be coming. There is a significant gap between what Gatehouse Media Massachusetts I Inc pays the bottom 10 percent of earners and the top 10 percent of earners. 2.3. | first = Ken Start making your online monthly payments today by creating your account below. Apple News too corporate for you? But Fortress doesn't own New Media; its actual holding of about 74,000 shares out of New Media's 53 million amounts to less than 1 percent of the company. GateHouse owns numerous Massachusetts newspapers in addition to the Patriot Ledger, including the Cape Cod Times, the Worcester Telegram & Gazette, the MetroWest Daily News and the New Bedford Standard-Times. Gannett, the owner of the Argus Leader in Sioux Falls, USA TODAY and more than 100 local newspapers in the United States, has agreed to merge with GateHouse Media, the owner of two South . Submit Tip, GATEHOUSE MEDIA MARYLAND HOLDINGS INC claimed to use the loan towards salary for, PPP Loan details for GATEHOUSE MEDIA MARYLAND HOLDINGS INC, Demographic details for GATEHOUSE MEDIA MARYLAND HOLDINGS INC. You can face a penalty of up to 20 years behind bars. The starting pay at Gatehouse Media Massachusetts I Inc is $27,000 per year, or $12.98 per hour. A year ago I wrote about the Lens ployhereand here. Our daily email, with all the freshest future-of-journalism news. As of May 31, 2019, GateHouse Media publishes 156 daily newspapers and hundreds of . Under the terms of the settlement, GateHouse will pay up to $425,000. Its the cutbacks at the smaller papers the roots of the pre-Fortress GateHouse chain that may be most telling. The managers and the investors are the victors, the readers and the journalists the losers. New Media Investment Group Inc., the parent of GateHouse Media, is buying Gannett Co. in a cash-and-stock transaction, the companies said Monday. Fortress reaped lucrative management fees along the way to the tune of $21.8 million in 2018. It does, however, manage and control New Media, an investment vehicle it created out of GateHouse Medias 2013 $1.2 billion bankruptcy. 2.4 Management. 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 . There is a significant gap between what Gatehouse Media Massachusetts I Inc pays the bottom 10 percent of earners and the top 10 percent of earners. The legal documents in the case are posted here. Even a single PPP loan fraud case might involve multiple criminal laws. 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. Its interesting that Gannett never declared bankruptcy but it is Gatehouse that is buying them, noted Ken Doctor, whose Newsonomics column predicted the deal would be unveiled on Monday. SOLD FEB 15, 2023. Cookie Settings/Do Not Sell My Personal Information. The work schedule is brutal and not easy to get use to. 2.1 Job Security & Advancement. Retrieved March 4, 2023, from https://www.niemanlab.org/2017/02/newsonomics-softbank-fortress-trump-and-the-real-story-of-gatehouses-boundless-ambition/. They find its dividend just increased to 35 cents per quarter attractive. Nieman Journalism Lab. GateHouse SatCom A/S: DK26040299 This will discontinue the policy of submitting Gatehouse Media checks/payments to town departments for processing. new metro-oriented change Knight-Lenfest grant, the GateHouse method works in the short-term, Nieman Foundation for Journalism at Harvard University. GateHouse Media reserves the right to alter these terms and conditions by posting new terms and conditions, communicating them via e-mail or through the Customer Service Portal, or by otherwise communicating them. Under the agreement, subscribers may receive a refund or have their subscriptions extended if the proposed settlement is approved in Superior Court. GateHouse Media to condense 50 weekly Massachusetts newspapers into 18. Read what they think about their salaries on our Compensation FAQ page for Gatehouse Media. Location. The two sides ultimately reached a settlement, which was approved June 28 by Norfolk Superior Court Judge Diane Freniere. Their customer service department is deplorable. Top . It invokes, A PPP loan fraud also includes making false statements to a financial institution, a federal crime. 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). At best, GateHouse puts together a cluster of newspapers best for cost-cutting efficiency and consolidation and takes over a newer printing operation that it can use for centralized, again more cost-efficient, publishing. Average GateHouse Media salaries by department include: Marketing at $133,822, Business Development at $140,035, Legal at $156,143, and Finance at $88,443. (614) 461-5000. Gatehouse Media, LLC CLAIM THIS BUSINESS. As New Media Investment announced its annual financials Tuesday, we now have a better view of the company and its plans but before we get to that, lets pick apart that Softbank news. If you visit many GateHouse papers online right now,* youll see a Legal Notice linking to the settlement documents, which include instructions on how to file a claim. computer. That includes 40 jobs cut at the Providence Journal, a paper GateHouse bought from Belo in 2014. A trial court judge ruled that because the drivers were doing work that was part of the ordinary course of GateHouses business, they should be considered employees. They were approved on 05-05-2021 by the SBA for an amount of 535000 USD. The StarNews' parent company is . Our tracking data currently support major global logistic operators creating transparency. NOTE: Legal ads as written by each board/committee will still be submitted to Gatehouse Media by the individual board/committee- this change in payment policy effects only the billing ("Bill to: ") aspect of the legal advertising process. From the time I learned about it, I was astounded that GateHouse would go to the trouble of hitting subscribers with an activation fee and charging them for publications they hadnt asked for and didnt want. No salaries for GateHouse Media Internal Audit in Poughkeepsie, NY. Enter your email address to follow this blog and receive notifications of new posts by email. It does, however, manage and control New Media, an investment vehicle it created out of GateHouse Media's 2013 $1.2 billion bankruptcy. Community Development and Municipal Inspections, Center/Sylvester School Building Committee, WaterSmart MS4 Sediment and Erosion Control Poster. | url = https://www.niemanlab.org/2017/02/newsonomics-softbank-fortress-trump-and-the-real-story-of-gatehouses-boundless-ambition/ Happiness rating is 48 out of 100 48 Its unclear how much stamina NEWMs investors will have for the strategy, though. You must attribute this work to Media Nation (with link). As recently, as three weeks ago, New Media bought five daily Dix newspaper properties in northeastern Ohio. The deal will formally close by the end of 2019. Media Nation is published under a Creative Commons Attribution- Noncommercial- Share Alike 4.0 United States License. Click to share on Twitter (Opens in new window), Click to share on Facebook (Opens in new window), Click to share on Reddit (Opens in new window), Click to share on Tumblr (Opens in new window), Click to share on Pinterest (Opens in new window), Click to email a link to a friend (Opens in new window), Email: dan dot kennedy at northeastern dot edu. For those searching out nefarious conspiracy in the news media ownership world, this initial GateHouse conspiracy story may be a disappointment. 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.