New Media Investment Group celebrates gains while journalists suffer
November 6, 2014
Times are good for New Media Investment Group, parent company of GateHouse Media and the State Journal-Register, Rockford Register Star, Pekin Daily Times, Freeport Journal-Standard and Peoria Journal Star. Times are good for executives like Josh Trust, recently promoted from...
UMG Members take to the streets against GateHouse
October 28, 2014
GateHouse Media and its parent company, New Media Investment Group, is operating with strong cash flow. the company is paying dividends to shareholders and buying new properties left and right. But it is taking a taking a hard "no raises"...
Concerns to ponder before buying New Media Investment Group stock
October 8, 2014
New Media Investment Group is issuing another $100 million or so in stock to raise more capital so it can buy (and then strip down) some more newspaper properties. Here are the issues potential shareholders should consider: New Media claims...
GateHouse units march for good journalism
September 4, 2014
The United Media Guild served as Grand Marshal at the Springfield Labor Day parade. Members of our Springfield unit marched with their banner and raised public awareness about their fight for a first contract at the State Journal-Register. Our unit...
GateHouse/New Media rewards shareholders, not employees
August 4, 2014
New Media Investment Group, parent company at GateHouse Media, has delivered on its promise to reward shareholders with dividends. The second quarter produced free cash flow of $19.6 million, or $0.65 on a per-share basis. So the New Media Board...
Hard-working UMG members fuel GateHouse/New Media expansion
July 23, 2014
GateHouse Media newspapers generate strong cash flow for its parent company, New Media Investment Group. That parent company -- which grew from the ashes of GateHouse Media bankruptcy -- is using some of that cash flow to help finance newspaper...
GateHouse targets Rockford Register Star photographers
July 14, 2014
The two surviving photographers at the Rockford Register Star and Freeport Journal-Standard are under siege. During the latest round of bargaining with the United Media Guild for a first contract at these newspapers, the company submitted a proposal that would...
GateHouse maximizes cash flow at the expense of news products
May 1, 2014
New Media Investment Group, the parent company of GateHouse Media newspapers, announced year-over-year revenue declines for the first quarter of 2014. But CEO Michael Reed still painted a rosy picture of industry analysts during New Media's first quarter earnings call....