All posts by Jeff

New Media CEO Michael Reed still mystified by his faltering stock price

Once again New Media Investment Group CEO Michael Reed argued that his company's stock is undervalued. "We believe the dividend increase speaks to our optimism around the outlook for the company," he told analysts Thursday on his third quarter earnings...

St. Louis Press Club to honor Post-Dispatch columnist Bill McClellan

Long-time St. Louis Post-Dispatch Bill McClellan will receive a Lifetime Achievement award from the St. Louis Press Club at its 25th Awards Gala Nov. 30. [caption id="attachment_2135" align="alignright" width="300"] Bill McClellan[/caption] McClellan has been a strong Guild member throughout his...

New Media Investment Group stock flounders as mismanagement continues

Back in October, 2014, Citi analyst Jason Bazinet was bullish on New Media Investment Group stock. The parent company of GateHouse Media was selling at better than $18 per share at the time and Bazinet set a price target of...

UMG scrutinizes Springfield, Rockford hiring as bargaining drags on

The United Media Guild demands to bargain over the hiring of new journalists at the State Journal-Register in Springfield and the Rockford Register Star. Why would we take such a direct interest in the company's newsroom management? The short answer...

Retirees and alumni members gather for annual UMG luncheon

More than 50 of our retiree members from the Post-Dispatch, Labor Tribune and KSDK units gathered for their annual luncheon Oct. 18 at Lombardo's restaurant in downtown St. Louis. This was a great chance for retirees and alumni to catch...

Journalists stand up to vulture capitalists at GateHouse Media

Across the New Media Investment Group/GateHouse Media empire, journalists are standing up for their craft and the vital role news-gathering operations fill in their community. Not long after newsroom employees at the Lakeland Ledger voted to join The NewsGuild, their...

UMG to hold Local Meeting Sept. 22

The United Media Guild will hold a Local Meeting and social event at from 6 p.m. to 8 p.m. Thursday, Sept. 22, at the Flamingo Bowl at 1117 Washington Ave. in St. Louis. This event is for all active members...