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A nation faces a crossroads as capital structure influences public discourse

With New Media Investment Group Inc.’s proposed takeover of Gannett Co., it may be time to take stock at just how such news organization...
NEW MEDIA INVESTMENT Group has agreed to purchase Gannett for $1.38 billion. New Media owns and operates the Providence Journal. / PBN FILE PHOTO/ARTISTIC IMAGES

Are you worried that The Providence Journal parent company’s acquisition of...

New Media Investment Group Inc., the parent company of The Providence Journal, has agreed to purchase Gannett Co., the publisher of USA Today, among...
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...
SHELL GAME: Bill Ostendorf, left, Creative Circle Media Solutions president and founder, with programmer Tim Benson. A former editor at The Providence Journal, Ostendorf says recurring layoffs have left the paper “a shell of what it used to be.”
 / PBN PHOTO/MICHAEL SALERNO

No way out for newspapers

The sprawling four-floor, brick building with arched windows at 75 Fountain St. in downtown Providence still appears to be the quintessential American metropolitan daily...
FOR THE THIRD TIME in the last seven years, PBN.com has been judged to be one of the best three websites for business publications by the Alliance of Area Business Publishers.

PBN garners 3 awards in national biz pub competition

ATLANTA – For the third time in the last seven years, PBN.com was judged to be one of the three best websites for business...

Most-read stories on PBN.com, May 2019

1. PBN names 2019 Best Places To Work honorees Posted online: May 3. Providence Business News has announced the 60 honorees for its 2019...
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,...
CITADEL COMMUNICATION has agreed to sell WLNE-TV ABC 6 to Standard Media Group as part of a two-station $83 million sale.

Standard Media to buy WLNE-TV

PROVIDENCE – Citadel Communications LLC has reached an agreement to sell WLNE-TV ABC 6 to Standard Media Group LLC, the companies announced Thursday.The station...
RHODE ISLAND for Community & Justice has announced the winners of the 2019 Metcalf Diversity in the Media Awards. / COURTESY RHODE ISLAND FOR COMMUNITY & JUSTICE

RICJ announces 2019 Metcalf Diversity in the Media Awards

PROVIDENCE – The nonprofit Rhode Island for Community & Justice has announced the winners of the 2019 Metcalf Diversity in the Media Awards.The five...
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...
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