Tag: New Media Investment Group
ProJo parent posts $436.9M loss in Q2, as COVID-19 takes toll...
PROVIDENCE – Gannett Co. lost $436.9 million in the second quarter of 2020, or $3.32 per diluted share, as it was heavily impacted by...
Providence Journal parent posts $121M loss in 2019
PROVIDENCE – Gannett Co., parent company of The Providence Journal and several other local publications, lost $121.2 million for 2019, according to the company...
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...
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...
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 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 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 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...
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...
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...