Home Tags New Media Investment Group

Tag: New Media Investment Group

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/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 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...
Apollo Global Management LLC has agreed to provide nearly $1.8 billion of debt financing to support New Media Investment Group Inc.’s acquisition of Gannett Co. Apollo's move is more in line with behavior of a Wall Street bank than a private equity firm. / BLOOMBERG NEWS FILE PHOTO/JOHN TAGGERT

Apollo takes on Wall Street with massive New Media newspaper loan...

NEW YORK – Apollo Global Management LLC has made its most significant move yet to encroach on a corner of finance long dominated by...
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...
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...
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,...
- Featured Event -

Latest News