Tag: New Media Investment Group
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...
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 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...
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 posts $18M profit amid widespread layoffs
PROVIDENCE – New Media Investment Group reported net income of $18.2 million, or 31 cents per diluted share in 2018, a turnaround from a...
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 reports $11.7M profit in Q2
PROVIDENCE – New Media Investment Group Inc. reported an $11.7 million profit in the second quarter of 2018 Thursday, following a $21.7 million loss...
Hard truth at papers across America: hedge funds are in charge
NEW YORK - A group of journalists protesting outside the offices of a New York City hedge fund recently shined a light on a little-known...
ProJo parent buys Austin American-Statesman for $47.5M
PROVIDENCE – New Media Investment Group Inc., the parent company of the Providence Journal and The Newport Daily News, announced Tuesday that it has...
ProJo parent Gatehouse Media buys Newport Daily News’ publishing company
NEWPORT – The Edward A. Sherman Publishing Co. has been purchased by Gatehouse Media Inc., the Newport Daily News reported Thursday.
The sale includes The...
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