As of April 2019, it listed seven current staffers and an open hiring solicitation to fill slots for regional editors, investigative reporters, data researchers, videographers, and copy editors. To analyze these survey questions by additional media habits and demographic characteristics, visit the interactive tool and access the dataset. Both CEO Mike Reed and CFO Greg Freiberg draw their compensation from Fortress; COO Kirk Davis is a New Media employee. AllSides has rated over 1,400 sources. Overall, only one source, Fox News, was used by at least one-third of Republicans for political and election news in the past week. This must end: Radical plan to stop children vaping, Paul Bongiorno: King Charles coronation is a last hurrah for Australian monarchy, Qantas chief Alan Joyce to retire as new CEO named, Unforgettable life: Shock and sadness after TV chef Jock Zonfrillo dies, King Charles coronation is almost upon us. This little-talked-about, wont-talk-to-the-press newspaper chain owns more daily newspapers than any other U.S. publisher likely more than any other publisher in the world. That is, people tend to have positive views of individuals with similar beliefs to their own. For Fortress, newspapers now a classic distressed industry offered a chance for good profit, using the reliable roll-up-and-cut methodology at the root of its industry. It allows us to have a more educated, more highly paid person doing that work, sitting in Austin and spreading that across a few markets. Gannett, New Media Investment Group deal: Shareholders to vote - USA Today If you search our ratings for a certain source and still dont see it, email us. Patriot Ledger. Its the inherent instability in the space that makes it so fascinating to many researchers., The very idea of collectively tuning in to history as it happens has been altered, as the profusion of channels and platforms now funnels audience members into self-segregated affinity groups where messages are shaped more for confirmation than enlightenment., Help advance the Nieman Foundations mission to promote and elevate the standards of journalism, 2023 by the President and Fellows of Harvard College. The Guardian Rated Lean Left in July 2021 AllSides Blind Bias Survey. Newsonomics: Here are 10 storylines well be talking about into 2017, Newsonomics: The financialization of news is dimming the lights of the local press, the financialization of the ownership of American dailies, The newsonomics of the new Chattanooga (Events) Choo-Choo, New Media CEO Mike Reed and COO Kirk Davis, Tribune gets Troncked: A readers guide to the Tribune/Gannett war, Newsonomics: The new Knight-Lenfest initiative gives a kick in the pants to Americas metro newspapers. Best Debt Consolidation Loans for Bad Credit, Personal Loans for 580 Credit Score or Lower, Personal Loans for 670 Credit Score or Lower. In some cases, GateHouse has encircled these family operations, and then offered just enough to close a sale. As recently, as three weeks ago, New Media bought five daily Dix newspaper properties in northeastern Ohio. Among Republicans who get news only from outlets with right-leaning audiences, men outnumber women 55% to 45%, while women outnumber men 54% to 45% among Democrats who get news only from outlets with left-leaning audiences. Davis also serves as the COO of New Media. Pew Research Center is a subsidiary of The Pew Charitable Trusts, its primary funder. 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 Investment Group Inc (NEWM) CEO Michael Reed Bought $2.2 GOP Support Rises, With Inflation Driving Voters, Most Catholic Voters Dont Share Presidents Priorities, Heritage Action Super PAC Targets Beasley in NC. President and Fellows of Harvard College, unless otherwise noted. In Newspoll, conducted for The Australian newspaper, primary support for Labor rose one point to 38 per cent after stabilising from a downward trend before the election. The companies, which have grappled for years with a decline innewspaper circulation and advertising, believe they will be stronger together. 37 During Februrary the editors criticized former Republican Gov. Those nice dividend checks mean fewer journalist paychecks. While money and politics have always . By the terms of its agreement to manage the company, Fortress earned $19.4 million in compensation last year from New Media, based on the conventional private equity standards of a management fee of 1.5 percent of New Medias total equity and incentive compensation. Each acquisition increases that total equity, providing a compelling rationale for more buying of newspapers. 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. 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. professor of finance, University of Kansas School of Business, What 20 years of equal-weighted indexes that try and improve on the S&P 500 show, Politics is hindering the effectiveness of financial education, Joe Biden used this strategy to trim his tax bill. Democrats in a left-leaning audience news bubble are more likely to be female and to have graduated from college than Republicans in a right-leaning audience news bubble. The company has cited data from Ad Fontes Media, a Colorado-based nonpartisan organization that rates the political leanings of media outlets. Historic inflation, rising gas prices, and general dissatisfaction with the direction of the country whipped up a sour mood among the electorate that Republicans hoped would carry them to healthy Amid the onslaught of negative ads and accusations on both sides in the bitterly fought Nevada Senate race, Sen. Catherine Cortez Mastos closing argument includes an urgent but practical Im serious dont pay attention to early voting. 19, The CEO of GateHouse Media since 2014 has been Kirk Davis, a professional newspaper executive and Associated Press board member who began working for GateHouse in 2006. New hydrogen power plant in Texas offers glimpse of the future - The At the same time, the gap is less pronounced among the more moderate segments in each party. The math adds up to about a $9,000 cut for some employees. Nieman Journalism Lab. For example, three-quarters of conservative Republicans trust Fox News, while just about half (51%) of moderate or liberal Republicans do. And, like other buyers, it recognized that so much of newspapers remaining trade value is in their tangible real estate. Of course, political ideology is more than just the sum of your personality traits. Numbers, Facts and Trends Shaping Your World, U.S. Media Polarization and the 2020 Election: A Nation Divided, Next: 1. Wealthy investors grow anxious: High net worth investorsbracefor a stock drop. To finance the deal, New Media is borrowing $1.8 billion from private equity firm Apollo Global Management. POLITICS AND THE NEWS - Save Local News Critics of such management contracts point to the increased overhead they bring to news enterprises that badly need reinvestment. 12 By the start of 2019, it published 146 daily newspapers with a combined paid circulation of 1.6 million. Make no mistake: The New Media playbook has been executed well. In recent years, partisan media divides have grown, largely driven by Republican distrust, Americans in news media bubbles think differently about foreign policy than others, About one-fifth of Democrats and Republicans get political news in a kind of media bubble, Views about Ukraine-impeachment story connect closely with where Americans get their news, What the data says about Americans views of climate change, Podcasts as a Source of News and Information, AI in Hiring and Evaluating Workers: What Americans Think, Americans confident in Zelenskyy, but have limited familiarity with some other world leaders, How Public Polling Has Changed in the 21st Century. In addition to a greater concentration around Fox News as the main source of political news, Republicans in a right-leaning audience news bubble also express greater reliance on just one main source as opposed to a wider mix: 60% say they rely on their main source far more than any other source. Meanwhile cost of living is expected to continue to be a key issue in the election campaign and Mr Morrison will attempt to woo older voters with greater access to the seniors card. Lets be clear: Management determines how much journalism their journalism companies actually produce. 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. (Details about the two studies can be found in the methodology.). Its unclear how much stamina NEWMs investors will have for the strategy, though. Subscribe for free to get the latest breaking news and analysis sent to your inbox. At the commonwealth level, all card holders are eligible for cheaper medications and health care, and may also be entitled to state, territory and local government savings like discounted rates, electricity and gas bills, ambulance, dental, eye care, recreation and public transport. Even accounting for the modest methodological differences between the two studies, these differences hold. Its more than that though. Voters say they see the election as a way to send Biden a message. LibGuides: Media Bias: Which Way Does Your News Lean? Benedetto: Dems Face Historical Headwinds, A Precarious Senate Race for Dems in Pennsylvania. Should you trust media bias charts? - Poynter To do this, we surveyed 12,043 U.S. adults in October and November of 2019 and asked whether they had heard of or used any of 30 media sources, chosen so that respondents were asked about a range of news media across different platforms. (+1) 202-419-4372 | Media Inquiries. 2023 CNBC LLC. According to their about page, "We seek to hold no one ideology or opinion in favor. Lets focus on what we can beat them at, and thats being local and selling business owners something that they need terribly, that they want. 24, Central to this strategy is UpCurve, New Medias enterprise services division. For an hour, everything appeared in real-time text via a closed captioning system set up at the After decades of declining trust in government, political parties, and traditional politics, do Americans feel they have a stake in our democracy and its future? New Media Investment Group, Inc. is a development stage company. 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. These measures and more can be explored further in the Election News Pathways data tool, where all of the data associated with this project is available for public use. AZ Take Days, The Romney/Cheney/McConnell GOP Is Losing, Laxalt Pulls Ahead, Senate Hangs in the Balance, Democrat Blame Game Erupts Over NY Losses, Dems Keep Senate Control Ahead of GA Runoff, FL: Rubio Wins Big Against Dem Val Demings, Colorado: Bennet Defeats Republican O'Dea, Democrats Look To Curb Losses to Republicans, No Wave, but McCarthy Predicts GOP Control, Texas-34: Vicente Gonzalez Defeats Mayra Flores, VA-02: Jen Kiggans Wins Against Elaine Luria, New Hampshire-01: Democrat Pappas Reelected, RI-02: Magaziner Staves off Challenge From GOP Fung, FL-13: Republican Luna Defeats Democrat Lynn, AZ: Masters Concedes Race, Hobbs Celebrates Win, How the GOP Turned Florida Into a Red State, Florida: Ron DeSantis Touts Win for the Ages', Arizona Told to Prepare for Days of Counting, WI: Democrat Evers Beats Michels for Second Term, GA: Brian Kemp Defeats Stacey Abrams in Rematch, Nevada Senate Race Hinges on Turnout, Latinos. Softbank CEO Masayoshi Son had been one of the first chief executives to make the trek to Trump Tower in December, to pay fealty to the incoming president. saying The U.S. will become great again, Son offered. UpCurve provides business-to-business assistance in the areas of human resources, technology and software, marketing, and sales productivity. A day after Mr Albanese accused him of neglecting older Australians, Mr Morrison is set to announce an increase in the singles income test threshold from $57,761 to around $90,000 from July 1 this year to broaden access to the concession card. At the Labor launch in Perth on Sunday, Mr Albanese revealed his medicines price cut would be $12.50. The study asked about use of, trust in, and distrust of 30 different news sources for political and election news. Michael Reed, also with professional experience managing in the newspaper industry, is the CEO of New Media and was previously the CEO of GateHouse. That includes 40 jobs cut at the Providence Journal, a paper GateHouse bought from Belo in 2014. Those add to its impressive reach: 19 million people through 564 community print publications, 489 websites, 476 mobile sites. There is some overlap in news sources, but determining the full extent of that overlap can be difficult to gauge. That can also be costly for individual investors, according to the research. All Rights Reserved. Under the terms of the deal then, shareholders of Gannett would receive $6.25 in cash and 0.5427 of a New Media share for each Gannett share they held, amounting $12.06 per Gannett common share based on New Media's closing stock price as of Aug. 2. New Media seeks to become a trusted local business in the communities where it purchases publications, and then leverage this connection to sell human resources, information technology, marketing and other services to local small- and medium-sized firms. Overall, Republicans and Republican-leaning independents view many heavily relied on sources across a range of platforms as untrustworthy. Read our research on: Congress | Economy | Trust in Media, While Pew Research Centers recent report on media polarization and the 2020 election found that many Democrats and Republicans differ from each other in their sources of news, about one-fifth of those in each party are in a more isolated kind of media bubble getting political news in a given week only from outlets predominantly used by people who align with them politically, according to data from the Centers Election News Pathways project. In contrast, the average share of total net assets invested in Democratic-leaning firms by Republican-leaning managers was about 3 percent lower than that invested by Democratic-leaning fund managers. New Media Investment Group - InfluenceWatch Greater portions of Republicans express distrust than express trust of 20 of the 30 sources asked about. Newsonomics: Softbank, Fortress, Trump and the real story of Gatehouses boundless ambition. Greater portions of Democrats express trust than express distrust in 22 of the 30 sources asked about. Media Bias | AllSides Only featured sources are shown by default. new metro-oriented change Knight-Lenfest grant, the GateHouse method works in the short-term, Nieman Foundation for Journalism at Harvard University. Scripps in 2005. (See here for details about the ideological composition of news outlets audiences.). GateHouse Media owner to acquire USA TODAY owner Gannett, Gannett acquirer New Media Investment Group reports revenue decline, digital boost, Your California Privacy Rights/Privacy Policy. Heres what you need to know, Rana Plaza tragedy in 2013 a wake-up call for consumers. Republicans and Republican-leaning independents who get news only from outlets with right-leaning audiences tend to be older and more likely to attend religious services than Democrats and Democratic leaners who get news only from outlets with left-leaning audiences. There are multiple reasons these biases can crop up. GateHouse Media is the largest publisher of daily newspapers in the United States, as measured by number of distinct publications. The combined entity would be the biggest U.S. media company by print circulation and could vie for the largest monthly online news audience, nearing top-ranked CNN, according to traffic measurement firm Comscore. Because Republicans trust and use a far smaller group of media sources than Democrats, there are far fewer outlets with right-leaning audiences than with left-leaning audiences. About Pew Research Center Pew Research Center is a nonpartisan fact tank that informs the public about the issues, attitudes and trends shaping the world. Media Bias Ratings Media Bias Chart Fact Check Bias Chart Methodology Perspectives Blog Bias 5 Its a project of the Nieman Foundation for Journalism at Harvard University. Meanwhile, the most commonly named main sources for Democrats in a left-leaning audience news bubble are CNN at 21% and NPR at 18%. "So you kind of wonder which long-term shareholder is selling down here and what does that mean for the vote?" A half-hour's drive from where the modern oil and gas industry was born, a new power plant provides a glimpse into one possible future for fossil fuels. Meanwhile, Republican-leaning fund managers invested 3% less of their total net assets in Democrat-oriented companies compared with Democratic-leaning fund managers. Ting Shen for The New York Times By Ben Smith Jan. 3, 2021. These divides are even more pronounced between conservative Republicans and liberal Democrats. Copyright 2023 InfluenceWatch. Thats a better performance than its peers. Punchbowl Arrives From Reporters Who Left Politico's Playbook - The New 14 As of April 2019 there were six states that each contained ten or more daily newspapers produced by GateHouse: Florida (12 GateHouse dailies), Illinois (14), Kansas (10), Missouri (10), North Carolina (11) and Ohio (10). If LAS VEGAS - Shortly after 1 a. m. PST loud cheering rang out in a section of the Red Rock Casino Resort and Casino, the site of a Nevada GOP Trump Announces 2024 Run For President: "This Is Not A Task For A Politician", DeSantis Responds To Trump Criticism: "Go Check The Scoreboard From Last Tuesday", Dem Rep. Ruben Gallego: If Kari Lake Wants To "Wallow" And Not Admit Defeat, Good, "You're Just A Loser", Sen. Josh Hawley: 2022 Election "Was The Funeral For The Republican Party As We Know It", NBC's Vaughn Hillyard: Kari Lake's Campaign Felt Like a Test Run Of Trump's 2024 Campaign, And She Failed, Ted Cruz: Would Be "Nuts" For Senate Republicans To Keep The Same Leadership After Midterm Failure, McConnell: "I Never Predicted A Red Wave," We Underperformed Because Of People In Our Party "Involved In Chaos", DSCC Chair Gary Peters: We're Going To Support Warnock "Very Aggressively" In Georgia Runoff, Democrats Defy Expectations or Republican Disaster? A plurality of people who have a Left, Lean Left, Center, and Lean Right bias . Governor Polls. According to the GateHouse website, the company owns the largest number of daily newspapers in the country. (+1) 202-857-8562 | Fax Bei der Nutzung unserer Websites und Apps verwenden wir, unsere Websites und Apps fr Sie bereitzustellen, Nutzer zu authentifizieren, Sicherheitsmanahmen anzuwenden und Spam und Missbrauch zu verhindern, und, Ihre Nutzung unserer Websites und Apps zu messen, personalisierte Werbung und Inhalte auf der Grundlage von Interessenprofilen anzuzeigen, die Effektivitt von personalisierten Anzeigen und Inhalten zu messen, sowie, unsere Produkte und Dienstleistungen zu entwickeln und zu verbessern. In Illinois, she says, the company added to the financial misery. The research looked at the managers of 1,298 actively managed mutual funds, as well as executives of 16,655 companies. https://www.bizjournals.com/boston/news/2019/03/20/GateHouse-media-s-second-in-command-departs-as-coo.html, http://www.GateHousemedia.com/our-markets/, https://www.usatoday.com/story/money/2019/08/05/gannett-gatehouse-media-new-media-investment-group/1902550001/, https://www.niemanlab.org/2018/06/newsonomics-GateHouse-media-thinks-services-for-small-local-businesses-can-help-replace-long-gone-advertising, https://www.thedestinlog.com/news/20190413/thompson-russiagate-latest-in-elite-medias-attempts-to-turn-journalism-into-liberal-activism, https://www.cjonline.com/opinion/20190212/editorial-senate-leader-leading-kansas-down-wrong-path, https://www.fec.gov/data/receipts/individual-contributions/?two_year_transaction_period=2016&min_date=01%2F01%2F2015&max_date=12%2F31%2F2016&contributor_name=Wesley+Edens, http://www.newmediainv.com/about-us/#board, https://www.wsj.com/articles/GateHouse-files-for-chapter-11-bankruptcy-protection-1380304281, http://www.GateHousemedia.com/about-us/executive-leadership/, http://ir.newmediainv.com/Cache/1500117714.PDF?O=PDF&T=&Y=&D=&FID=1500117714&iid=4426551, http://www.newmediainv.com/commercial-services/#1458536315895-5cd1dbef-c03f, https://www.niemanlab.org/2018/06/newsonomics-GateHouses-mike-reed-talks-about-rolling-up-americas-news-industry/, http://www.newmediainv.com/commercial-services/#1458535912312-d3e83724-f7bf, https://www.theledger.com/opinion/20190404/editorial-gun-bills-overlook-that-guns-are-sometimes-needed, https://www.cjonline.com/opinion/20190318/editorial-house-education-bill-going-wrong-way, https://www.newstribune.info/news/20180724/from-editors-desk-yes-there-has-been-slant?template=ampart, http://newsguild.org/mediaguild3/workers-at-gatehouse-publications-win-stunning-victory-at-shareholders-meeting/, https://www.texasmonthly.com/news/new-mediagatehouse-buys-the-statesman/, https://www.wsj.com/articles/sheldon-adelson-behind-purchase-of-lvrj-1450319641. 4 As of the end of 2018 New Media employed 10,638 employees and reported total revenue of more than $1.53 billion, with net income of $18.2 million. 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Nexstar's 'unbiased' news has stumbled. What went wrong? - Los Angeles And of the 23% of Democrats who got political news from Fox News in the past week, nearly three-in-ten (27%) distrust it. Web. After relentlessly teasing the possibility for the better part of two years, and in the wake of a historically poor midterm performance by Republicans, Donald Trump finally launched his third As the saying goes, the definition of insanity is doing the same thing again and again and expecting a different result. The group found that two dozen House Republicans hold. Unless otherwise noted, our bias ratings are based on online, written content, not TV or radio content. [sic] So, what we said is, Okay. We want to hear from you. Political Alienation Driving Voter Involvement? AllSides has rated over 1,400 sources. Washington Post American daily newspaper published out of Washington D.C. since 1877. Accessed May 2, 2023. https://www.niemanlab.org/2017/02/newsonomics-softbank-fortress-trump-and-the-real-story-of-gatehouses-boundless-ambition/. That means we publish a wide range of analysis, opinion . 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. New Media Investment Group to Acquire Gannett | Business Wire We should take those three jobs, make it one job, and have that person do four stories a week. We can have a really good reporter do four stories a week, so over the course of three weeks, you get 12 stories, where before, I had three guys coming in, doing one story every two or three weeks., In 2015 New Media sold Nevadas largest daily newspaper the Las Vegas Review-Journal to a then-little-known firm in Delaware whose primary backer was later revealed to be Las Vegas billionaire and right-of-center mega-donor Sheldon Adelson.
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