Tag: Michael E. Reed
New Media and Gannett expect to close acquisition deal next week
PROVIDENCE – New Media Investment Group Inc. and Gannett Co. shareholders have both approved New Media’s more than $1 billion acquisition of Gannett, the...
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 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...
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,...
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...
ProJo parent company reports $6.1M loss in Q3
PROVIDENCE – New Media Investment Group Inc. experienced a net loss of $6.1 million in the third quarter, or 10 cents per diluted share....
ProJo parent New Media Investment Group reports $21M loss in 2Q
PROVIDENCE - New Media Investment Group Inc., the parent company of the Providence Journal, reported a $21.7 million loss for the second quarter of...
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