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THE PARENT COMPANY of the Providence Journal reported a loss of $18.5 million in the third quarter. / PBN FILE PHOTO/ARTISTIC IMAGES

Projo parent reports $18.5M loss in Q3 largely on acquisition costs

PROVIDENCE – New Media Investment Group Inc. parent company of The Providence Journal, among many other local publications, reported a $18.5 million loss in...
NEW MEDIA INVESTMENT Group has agreed to purchase Gannett for $1.38 billion. New Media owns and operates the Providence Journal. / PBN FILE PHOTO/PAM BHATIA

Opinion: USA Today parent Gannett’s sale to GateHouse means cuts

Better the devil with money than the devil without it. USA Today publisher Gannett Co. announced late Monday that it would sell itself to New Media Investment...
NEW MEDIA INVESTMENT GROUP, owner of The Providence Journal, among other local papers, reported a profit of $2.6 million in the second quarter of 2019. / PBN FILE PHOTO/PAM BHATIA

New Media posts $2.6M profit in Q2, 78% drop over the...

PROVIDENCE – The same day that it announced its purchase of Gannett Co., New Media Investment Group Inc. reported a second-quarter profit of $2.6...
NEW MEDIA INVESTMENT Group has agreed to purchase Gannett for $1.38 billion. New Media owns and operates the Providence Journal. / PBN FILE PHOTO/BRIAN MCDONALD

New Media buying Gannett for $1.4 billion to form news giant

NEW YORK – New Media Investment Group Inc. agreed to acquire Gannett Co. in a $1.38 billion deal that unites the two biggest United...
GATEHOUSE MEDIA, owner of The Providence Journal, is reportedly nearing a deal to purchase Gannett. / PBN FILE PHOTO/BRIAN MCDONALD

WSJ: GateHouse Media nears deal to purchase Gannett

PROVIDENCE – GateHouse Media Inc., which owns The Providence Journal and several other local publications, is getting close to a deal to purchase USA...
PRINT MERGERS: Gannet has reportedly been in merger talks with GateHouse Media. / PBN FILE PHOTO/BRIAN MCDONALD

Gannett climbs on report of merger talks with Gatehouse Media

NEW YORK – Gannett Co., the publisher that owns USA Today, climbed as much as 9.3% on a report that it held merger talks with...
LAYOFFS AT GateHouse Media properties, the parent company of the Providence Journal, hit several local publications Thursday. / PBN FILE PHOTO/BRIAN MCDONALD

Another round of GateHouse layoffs hit local papers

PROVIDENCE – The round of layoffs Thursday from GateHouse Media, the publishing arm of New Media Group Inc., included six Providence Journal editorial staff,...
THE PARENT COMPANY of The Providence Journal reported a $9.4 million loss in the first quarter. / PBN FILE PHOTO/BRIAN MCDONALD

Projo parent reports $9.4M quarterly loss, pays $23M in dividends

PROVIDENCE – New Media Investment Group Inc. reported Thursday a loss of $9.4 million, or 38 cents per diluted share, in the first quarter...
THE PROVIDENCE JOURNAL Publisher Janet Hasson announced Tuesday that she is retiring. / PBN FILE PHOTO/BRIAN MCDONALD

Journal publisher departing; circulation continues falling

PROVIDENCE – Providence Journal President and Publisher Janet Hasson announced Tuesday afternoon that she is retiring after overseeing operations at the newspaper for four...
THE PARENT COMPANY of The Providence Journal paid its chief operating officer $1.7 million in 2018, paid more than $90 million in dividends and paid its management company $24.5 million for the year, amid widespread layoffs at its newspapers around the country. / PBN FILE PHOTO/BRIAN MCDONALD

ProJo parent pays COO $1.7M and $90M in dividends amid layoffs

PROVIDENCE – New Media Investment Group Inc. paid Kirk Davis, its chief operating officer, $1.7 million in 2018, slightly less than what Davis earned...
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