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Email this Business. Try searching for similar jobs, similar companies, or nearby cities. Clear. Get your business & brand in front of the right audience with our special offers, limited time deals, seasonal . This has led to worry of widespread fraud (and a few highly-publicized cases of fraudulent PPP loan applications), and it has forced numerous federal agencies to turn their attention to combatting PPP loan fraud. Mark Batten, an attorney for GateHouse, said he was not allowed to comment on the settlement. The newspaper and 10 others have been purchased by GateHouse Media in a transaction that closed Monday. Whats the best way to follow how the news is changing? When a person is charged with PPP loan scam charges, they can face multiple civil and criminal penalties. United States 287 reviews. Fysisk lag FPGA udvikler / FPGA Developer. As 12-decade-old newspaper companies get sucked up and shrunken by financial managers sending what seem to be outrageous profits as far off as Tokyo, the whole notion of newspaper executive leadership has ebbed away. Gatehouse Media employees attributed a compensation and benefits rating of 2.5/5 stars to their company. Please contact usif you find an error in the database. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); IsItaScam.com allows you to expose any case where someone created a fictitious entity to get a loan, overstated the number of employees or size of payroll to get a bigger loan than was permitted, or misused the proceeds for something other than the authorized expenses. PPP Loan # 6890988904. Copyright 2008-2023, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc. The StarNews' parent company is . The case went up to the Appeals Court, which ruled in 2018 in favor of the newspaper carriers. Gatehouse Media employees attributed a compensation and benefits rating of 2.5/5 stars to their company. SOLD FEB 9, 2023. While New Media must allocate income to profit, as do its peers, it must also allocate money to Fortress which, of course, would claim that its earning that payment. The legal documents in the case are posted here. Doctor, K. (2017, Feb. 23). The drivers are barred by the settlement from speaking to the press about it. The work schedule is brutal and not easy to get use to. Nieman Journalism Lab. The low-cost (and potentially free) funds offered under the PPP have proven to be attractive not only to struggling businesses, but also to larger companies and scam artists. $330,000 Last Sold Price. Use of and/or registration on any portion of this site constitutes acceptance of our User Agreement, Privacy Policy and Cookie Statement, and Your Privacy Choices and Rights (each updated 1/26/2023). The primary goal of PPP loans was to help businesses survive the pandemic and ensure that people dont lose their employment. As with Reeds twin announcements Tuesday more acquisitions, but also more reductions in staff we see the GateHouse/Digital First Media playbook in its full application. saved to your. Top . Salaries, bonuses, commissions, wages (maximum $100,000 per annum per employee), Employee allowances (sick leaves, medical, parental, and vacation pay), The first charge would be wire fraud. 373 0. Based on her account, delivery was started on 6/26/22 and . The above are just two instances of people getting caught by the authorities for this scam. The deal will formally close by the end of 2019. New Medias CEO Mike Reed then gobbled up small US newspaper companies. GateHouse Media reserves the right to alter these terms and conditions by posting new terms and conditions, communicating them via e-mail or through the Customer Service Portal, or by otherwise communicating them. Offer valid with only a $1,500 minimum digital campaign spend, and cannot be combined with any other offer. Join the 60,000 who get the freshest future-of-journalism news in our daily email. The lowest-paid workers at Gatehouse Media Massachusetts I Inc make less than $27,000 a year, while the highest-paid workers earn over $61,000. Salaries posted anonymously by Gatehouse Media employees. Salary information comes from 164 data points collected directly from employees, users, and past and present job advertisements on Indeed in the past 36 months. Denmark GateHouse Group Strmmen 6 DK-9400 Nrresundby. Their customer service department is deplorable. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. Zippia gives an in-depth look into the details of Gatehouse Media Massachusetts I Inc, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Gatehouse Media Massachusetts I Inc. Enter your email address to follow this blog and receive notifications of new posts by email. Photo of Donald Trump and SoftBank CEO Masayoshi Son at Trump Tower December 6, 2016, by AP/Andrew Harnik. The 10,000-plus-employee company reaches more than 23 million people weekly via its 145 daily newspapers, 340 community publications, and 570-plus websites in 37 states. Half of GateHouse Media salaries are above $121,052. Word of an overall 4.6 percent budget cut across the chain is rifling through company. Gannett, the owner of the Argus Leader in Sioux Falls, USA TODAY and more than 100 local newspapers in the United States, has agreed to merge with GateHouse Media, the owner of two South . Boston Globe, 11/30/2008. Mon Thurs: 08.00 16.00 Starting March 1, 2019,in regard to the payment of legal advertisements for public hearing notifications,Gatehouse Media will bill the fees for legals ads directly to the Applicant. On Jan. 12, Randall Stephenson, CEO of AT&T and would-be acquirer of CNN through its in-progress Time Warner purchase, paid a visit. Gatehouse Media Massachusetts I Inc may also be known as or be related to Gatehouse Media Massachusetts I Inc. Work At Gatehouse Media Massachusetts I Inc? 4 likes. One of the Big Apple's largest office building owners is gearing up to stop loan payments on several older properties, calling some "obsolete" in a post-pandemic world, according to a report in the Financial Times. Start of main content. Its unclear how much stamina NEWMs investors will have for the strategy, though. Web. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Residents may also make payments online by credit card for an additional fee. And, like other buyers, it recognized that so much of newspapers remaining trade value is in their tangible real estate. Payment Method: UNVERIFIED. And if youre the CEO of one of the chains, youre probably far more interested in the increased chances of cross-ownership. In the laissez-faire regulation environment taking shape under Trump, newspaper publishers and local broadcasters may well for the first time be able to combine their enterprises. Gatehouse Media Pay & Benefits reviews Review this company. 821 (1974), declaring that David King, who had delivered the Patriot Ledger by automobile to some of its subscribers, was, under G. L. c. 149, 148B . Theres rich irony here: The retirement funds of those in the news industry, among many others, helps fund these New Media takeovers, which in turn result in more job cutbacks and the thinning of journalism in communities from coast to coast. If you visit many GateHouse papers online right now,* youll see a Legal Notice linking to the settlement documents, which include instructions on how to file a claim. Denmark Clues from a newsroom thats been using AI for years. Earlier this week, New Media Investment Group, parent company of GateHouse Media, announced its intention to buy USA Today publisher Gannett in a deal valued at $1.4 billion. See Gatehouse Media salaries collected directly from employees and jobs on Indeed. Those cuts follow more major cuts in the newsrooms of papers its acquired more recently those papers have seen the bigger cuts, as reported to me by the NewsGuild/Communication Workers of America. Lets be clear: Management determines how much journalism their journalism companies actually produce. There is no record of GATEHOUSE MEDIA MARYLAND HOLDINGS INC committing any sort of PPP Scam reported anywhere. GateHouse's largest papers include such familiar titles as the Patriot Ledger of Quincy, the MetroWest Daily News of Framingham, and the Enterprise of Brockton. King died while the lawsuit is ongoing, and the administrator of his estate, Suzanne Carey, replaced King as the named plaintiff. There was a lot of talk about limiting newsroom layoffs when GateHouse Media bought Gannett at the end of 2019. How much does Gatehouse Media in the United States pay? Its a project of the Nieman Foundation for Journalism at Harvard University. Is THOMAS, BENNETT & HUNTER, INC. a Scam? The parent company of GateHouse Media earlier this month announced plans to buy Gannett in a $1.38 billion deal, which would make the company the largest newspaper publisher in the country. Similar Businesses Nearby Gatehouse Media Massachusetts I Inc Salaries, To create our salary estimates, Zippia starts with data published in publicly available sources such as the U.S. Bureau of Labor Statistics (BLS), Foreign Labor Certification Data Center (FLC). The not-very-helpful text of the notice: To learn more about the proposed class action settlement in the Steven Keenholtz, M.D., et al. Ft. 117 Brook Hollow Ln, Red Oak, TX 75154. action, pleaes click here. Keenholtz,of Marblehead, and Dorothy Guillicksen, of Hanover, are the plaintiffs named in the class-action suit. GateHo For the first time in nearly 35 years, The Florida Times-Union is under new ownership. According to a court filing, the settlements will range from $1.54 to $1,741.63, with an average settlement payment of $518.87. Job Title. Institutional and mutual fund shareholders, including Vanguard, T. Rowe Price, Wells Fargo, and Black Rock Fund own at least 70 percent of the company. GateHouse Igniter A/S: DK41395281, Find more information about GateHouse Martime on the website, Find more information about Gatehouse Satcom on the website, Find information on contacting Board and Management members. GateHouse Group A/S: DK43302078, GateHouse SatCom A/S: DK26040299 Starting March 1, 2019, in regard to the payment of legal advertisements for public hearing notifications, Gatehouse Med Eric Newton (@EricNewton1) February 18, 2017, Its a hell of a question. Fortress reaped lucrative management fees along the way to the tune of $21.8 million in 2018. The settlement Class covers persons who, between April 1, 2014 and March 21, 2017: Resided in Massachusetts; Purchased a subscription to a GateHouse Media publication from GateHouse Media; Received one or more Premium Edition publications; Were charged a surcharge for the Premium Editions; and. .css-r1m4lw{background-color:#20262e;border-radius:50%;}.css-r1m4lw > svg > path{fill:#fff;}Add your salary. It's Secure. Doctor, Ken. Thats a good business story. Its smallest are weeklies with barely more than 1,000 paid subscribers, such as the Bolton Common, the Norton Mirror, and the Georgetown Record.. Last modified February 23, 2017. Get Directions. It looked like head-turning news: A Japanese company had taken control of one of Americas largest newspaper chains, New Media Investment Group, a.k.a. 62 E Broad St. Columbus, OH 43215-3503. IIAS intends to offer a platform where suspicious activities related to PPP loan can be shared and discussed in a secure environment. What do voting Americans know? Media Nation is published under a Creative Commons Attribution- Noncommercial- Share Alike 4.0 United States License. If you would like to customise your choices, click 'Manage privacy settings'. You can change your choices at any time by clicking on the 'Privacy dashboard' links on our sites and apps. Simpson did not return calls. As New Media Investment announced its annual financials Tuesday, we now have a better view of the company and its plans but before we get to that, lets pick apart that Softbank news. Full time work week is 77.50 hours per week. United States GateHouse USA Corp. 370 Jay Street, 7th Floor 11201 Brooklyn, NY. Over the weekend, Knight Foundation veteran Eric Newton asked a profound question on Twitter: Have news media CEOs said anything about a president who loudly accuses their people and companies of dishonesty?. 2.4 Culture. Sort by. | work = [[Nieman Journalism Lab]] *Update:I have learned that the proposed settlement pertains to most but not all GateHouse Media papers in Eastern Massachusetts. We are looking forward to assisting you. SEC records indicate Davis will receive $726,000 if new owners rightsize him, including a $461,000 severance payment and a quarter of a million dollar bonus. The money was extracted by shortening the length of Los Angeles Times correspondent Matt Pearce shared his thoughts on the pay package on Twitter. COO Kirk Davis isn't far behind Reed. The long-rumored merger of Gannett's 110 dailies and GateHouse's 156 was announced this afternoon by both companies. According to court documents, the settlementis scheduled to be finalized on Aug. 1. After eight years of litigation, GateHouse Media will pay up to $425,000 to settle a lawsuit with its newspaper carriers, who said they were misclassified as independent contractors. Apple News too corporate for you? Glassdoor provides our best prediction for total pay in today's job market, along with other types of pay like cash bonuses, stock bonuses, profit sharing, sales commissions, and tips. Cookie Settings/Do Not Sell My Personal Information. Is PPP Loan Fraud The Largest Fraud Of All Time? If you have any questions, please contact Sandy MacFarlane or Derek Vozzella at 781-826-6505. If you think GATEHOUSE MEDIA MARYLAND HOLDINGS INC has done something nefarious, then report them here using the review box at the bottom of the page. The specter of Trump-related foreign ownership may be a misplaced apparition but it shouldnt obscure the real specter of a faster chain roll-up of newspaper ownership in America. Gatehouse Media e-Billing Terms and Conditions 12. It believed in its methods to cut costs by replacing inconsistent management. Value of Showcase ad is $600. While the companys $800 million market cap is impressive, with fewer newspaper properties, it could claim a $1.12 billion valuation in early 2015. The Company publishes local newspaper, management structure, short biographies, and, articles, as well as offers marketing, and online . In Illinois, she says, the company added to the financial misery. In fact, with Softbanks leading edge now becoming its $100 billion tech-future-oriented Vision Fund, this old-world management contract would seem to be something of a (profitable) anomaly. 2.5 Baths. Subscribers should send payments to Gannett Holdings LLC SE, PO Box 660238, Dallas, TX 75266-0238. . Try searching for similar jobs, similar companies, or nearby cities. GATEHOUSE MEDIA MARYLAND HOLDINGS INC took out a PPP loan worth $535000 for Payroll Processing for it's 54 employees. The community relies on everyone sharing. Password protected. Community Rules apply to all content you upload or otherwise submit to this site. New Media is well positioned to take advantage of more great acquisition opportunities at attractive valuations in 2017. Its the remaining family newspaper companies, like the 119-year-old Dix Newspapers, that are taking the money and exiting the business. New York Times CEO Mark Thompson sparred with Trump on his year-end call, but Newtons point is right on: There are CEOs of major media companies (and companies that own media companies) employing many tens of thousands of workers who are being called dishonest. The lawsuit, brought on behalf of two GateHouse newspaper subscribers byKurtzman Carson Consultants, claimed that GateHouse violatedMassachusetts law by failing to disclose its subscription policies adequately. One takeaway: The greatest likelihood coming out of the Fortress sale, at least in the short term, is steady as she goes. No salaries for GateHouse Media Distribution Manager in Tallahassee, FL. Given the presidents promotion of CNN into the ranks of very fake news and his senior advisor Jared Kushners recent brash critique of the station to Time Warner execs, thats a different sort of handshake to watch. GateHouse, according to the proposed settlement, denies any wrongdoing on its part but agreed to the settlement based on the risks and potential cost of the litigation and the benefits of the proposed Settlement. Kirk Davis, GateHouses chief executive officer, declined to comment. Under the agreement, subscribers may receive a refund or have their subscriptions extended if the proposed settlement is approved in Superior Court. That includes 40 jobs cut at the Providence Journal, a paper GateHouse bought from Belo in 2014. GateHouse Media is a leader in local content and advertising in hundreds of communities across the country. 2.9 Work-Life Balance. Gatehouse owns mostly smaller papers. 552a (the Privacy Act) and is published unmodified, as provided by the SBA. 3 Beds. We can do the math on what the financialization of these community papers has meant, from Massachusetts to California. As we have discussed earlier, GATEHOUSE MEDIA MARYLAND HOLDINGS INC received a substantial amount of money through the SBA program. You must attribute this work to Media Nation (with link). Reed noted Tuesday that the company plans to cut an additional $27 million in 2017, an amount of money not far from Fortress annual payout. New Media agreed to fork over $46 million to A.H. Belo Corp. for the ProJo. Save my name, email, and website in this browser for the next time I comment. Our tracking data currently support major global logistic operators creating transparency. These amounts were reported to the SBA by the company. More Local News to Love Start today for 50% off Expires 3/6/23. As tax-payers, we need to hold businesses accountable and ask serious questions. Nieman Journalism Lab. GateHouse Media, Inc. (NYSEARCA:NYSEARCA:GHS) Q2 2008 Earnings Call August 8, 2008 10:00 AM ETExecutivesMark Maring - Investor RelationsMichael E. }}, To promote and elevate the standards of journalism, Covering thought leadership in journalism. make payments. He said, "The new Gannett/Gatehouse CEO is getting $4.5 million in bonuses and stock just for walking in the door.Must be nice to be a newspaper executive." The new Gannett/Gatehouse CEO is getting $4.5 million in bonuses and stock just for walking in the door. We don't just need solutions; we need the courage to imagine they will succeed, and the collective will to make them happen. The plan, set to begin Monday, will affect weekly papers, according to an internal memo posted online by Dan Kennedy, a Northeastern University professor, and Media Nation blogger. GateHouse Holding A/S: DK12948700 GateHouse Group A/S: DK43302078. Instead of being billed for the additional Premium . No salaries for GateHouse Media Senior Hr Business Partner in Adona, AR. Gatehouse media publishes two daily newspapers, two weekly publications, and one monthly and one bi-monthly magazines in Rhode Island. 4 Mar. GateHouse continued to fight the suit, arguing that federal law preempted state law on this issue. Discounts, Offers and Advertising Opportunities. This loan's status is reported by the SBA as "Paid in Full", which includes both loans repaid and those fully forgiven from repayment under PPP guidelines. Whats clear, though, is that the company plans to extend its strategy buy more papers, monetize those readers better through Propel and other initiatives, and continue to cut, cut, cut those newsroom staffs. They find its dividend just increased to 35 cents per quarter attractive. And with a market value of $800 million, it stands second only to Gannetts ($1 billion) among public newspaper firms. It does, however, manage and control New Media, an investment vehicle it created out of GateHouse Media's 2013 $1.2 billion bankruptcy. GateHouse Media. Now it becomes part of an even larger portfolio, as Softbank emerges, post-acquisition with about $170 billion in managed assets. The carriers argued that, under state law, drivers should be classified as employees, not independent contractors. AUGUSTA, Ga. Morris Communications will sell its 11 daily newspapers and other publications in those markets to New Media Investment Group, the parent company of GateHouse Media Inc., the . Happiness rating is 48 out of 100 48 New talents are needed at GateHouse. Gatehouse Media. Our daily email, with all the freshest future-of-journalism news. Those nice dividend checks mean fewer journalist paychecks. When . Strmmen 6 Sign In . Based in Pittsford, New York, GateHouse Media is one of the largest publishers of local-market print and digital media in the U.S. The parent of the nations second-largest newspaper company, Gatehouse Media, has struck a $1.38 billion agreement to acquire USA Today publisher Gannett in a cash-and-stock deal. Those numbers may have knocked about 4 percent off the share price this week. That fact shows up in the fact that on Tuesday, NEWM could report a 2016 overall revenue decline of only 2.5 percent for same store (that is, excluding the contribution of newspapers newly acquired) revenue. From the time I learned about it, I was astounded that GateHouse would go to the trouble of hitting subscribers with an activation fee and charging them for publications they hadnt asked for and didnt want. As recently, as three weeks ago, New Media bought five daily Dix newspaper properties in northeastern Ohio. (CEO Mike Reed explained that drop by pointing to the outsized $43 million gain the company made on its Las Vegas sale in 2015.) For those searching out nefarious conspiracy in the news media ownership world, this initial GateHouse conspiracy story may be a disappointment. Thats a lot of new potential profit and another potential reason for news industry leaders to keep their mouths shut. GateHouse made a contract proposal for retroactive medical and dental increases or a corresponding pay reduction, if the employee so chooses. Some SEC filings can help us find some clarity. All rights reserved (About Us). Click to share on Twitter (Opens in new window), Click to share on Facebook (Opens in new window), Click to share on Reddit (Opens in new window), Click to share on Tumblr (Opens in new window), Click to share on Pinterest (Opens in new window), Click to email a link to a friend (Opens in new window), Email: dan dot kennedy at northeastern dot edu. The material on this site may not be reproduced, distributed, transmitted, cached or otherwise used, except with the prior written permission of Advance Local. Find company research, competitor information, contact details & financial data for Gatehouse Media, LLC of Pittsford, NY. It invokes, Finally, when you commit a PPP loan scam, you violate. Lets analyze. The job as district circulation clerk at Gatehouse media is very demanding. Heres another: All information displayed on this page is publicly available information under PPP loan guidelines, in compliance with 5 U.S.C. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. How much are their once-robust newspapers, especially across the kinds of heartlands that New Media serves, helping them separate fact from fiction? v. GateHouse Media, LLC, et al. However, the newspaper company will not have to change its practices. Help advance the Nieman Foundations mission to promote and elevate the standards of journalism, 2023 by the President and Fellows of Harvard College. In some cases, GateHouse has encircled these family operations, and then offered just enough to close a sale. Under the terms of the settlement, GateHouse will pay up to $425,000. Under terms of the agreement, the fee deal will sunset in two years. while finding money to pay off debts . Glassdoor has salaries, wages, tips, bonuses, and hourly pay based upon employee reports and estimates. Why not just raise the subscription price? The reality of the Fortress sale, though, is both less sensational and more impactful. 11201 Brooklyn, NY, GateHouse Holding A/S: DK12948700 If you have any questions about job openings, please dont hesitate to contact HR Manager Claus Svendsen at +45 2329 6207. GateHousewould also continue to charge a $4.95 activation fee for new subscribers. In the companys just-filed Securities and Exchange Commission 10-K, Fortress earned $9.8 million in management fees and $9.6 million in incentive compensation, amounting to that total of $19.4 million. All of the papers the Guild represents that are owned by GateHouse have not had their wages increased in 8 to 10 years, says Melissa Nelson, director of collective bargaining for the NewsGuild-Communication Workers of America. Get the latest business insights from Dun & Bradstreet. Checks are supposed to be sent out within 60 days of the settlements effective date. Patriot Ledger. Locally, Gannett owns northern NJs Record and the Journal News in NYs Westchester and Rockland counties. As Fortress restructured, it began put together its investment pools four years ago. Newspaper delivery person David King, who worked for the Patriot Ledger in Quincy, filed the class action lawsuit in 2011 in Norfolk Superior Court on behalf of all Patriot Ledger newspaper carriers. In this ever-toughening local newspaper environment, even New Media Investment Group walks a thin tightrope, further proving that single-class public companies serve the needs of transitioning news efforts poorly. 552 (Freedom of Information Act) and 5 U.S.C. A former media critic for the Boston Phoenix, Dan Kennedy continues to write incisively about the print and digital universe at his blog, Media Nation. GateHouse Media, which owns more than 100 daily and weekly community newspapers in Eastern Massachusetts, has agreed to settle a class-action lawsuit brought over the company's practice of charging for "premium" publications that subscribers hadn't asked for. Defendant GateHouse Media Massachusetts I, Inc. (GateHouse), publisher of the Patriot Ledger newspaper, appeals from a separate and final judgment under Mass.R.Civ.P. The inclusion of a person or entity in the IIAS Database is not intended to suggest or imply that they have engaged in illegal or improper conduct related to PPP Loan (scam). After eight years of litigation, GateHouse Media will pay up to $425,000 to settle a lawsuit with its newspaper carriers, who said they were misclassified as independent contractors. Average GateHouse Media salaries by department include: Marketing at $133,822, Business Development at $140,035, Legal at $156,143, and Finance at $88,443. Gatehouse Media, LLC CLAIM THIS BUSINESS. How much do Gatehouse Media employees make? Salary information comes from 5 data points collected directly from employees, users, and past and present job advertisements on Indeed in the past 36 months. As Softbanks acquisition of New York City-based Fortress Investment Group was announced last week, it appeared, on the surface, as if the direction of more than 100 U.S. dailies would be in the hands of non-Americans. Stay up-to-date on the latest best practices, tips & tricks, e-books, infographics, and other marketing resources to help grow your business. 370 Jay Street, 7th Floor GateHouse Media. Fri: 08.00 15.00 Given a better 2015, it generated $39.7 million total in 2015 and only $5.7 million in 2014. GateHouse Media, Pittsford (town), New York. Often, however, whistleblowers & employees reveal that their employers have abused their funds.