It is a subsidiary of The Pew Charitable Trusts. (Tronc stands at about $500 million, Lee Enterprises at $145 million, A.H. Belo at $135 million, and McClatchy at $89 million.) In some cases, GateHouse has encircled these family operations, and then offered just enough to close a sale. 8 9 Wesley Edens is chairman of the board of New Media and has been a large donor to political committees promoting the Democratic National Committee and the 2016 presidential campaign of Hillary Clinton. Doug Arthur, a financial analyst who covers mediawith Huber Research Partners in Connecticut, saidthe vote should be "relatively straight forward," with investors signing off on the deal. 33 34. There are multiple reasons these biases can crop up. New Media CEO Mike Reed will become CEO of the combined company, while Gannett CEO Paul Bascobert will become CEO of the company's operating subsidiary. The NewsGuild, a Communications Workers of America affiliate representing staffers at 16 GateHouse newspapers, used a 2017 New Media shareholder meeting to try and block New Medias policy of economizing overhead by centralizing design, information technology, and copy-editing work. Political Biases Of Investment Managers | Seeking Alpha Democrats report much higher levels of trust in a number of news sources than Republicans, The impact of political ideology on Americans trust in news outlets, 1. In Illinois, she says, the company added to the financial misery. "Funds with more partisan bias perform slightly worse than those with less bias, and have significantly inflated fund idiosyncratic risks," the research said. Midterms 2022 Results: RCP Takeaway, Kari Lake: Arizona Election Process Is A "Laughingstock," "I Think We Just Have To Wait", Anita Dunn: Biden's Focus On "MAGA Republicans" And "Democracy Denial" Was A "Very Effective Strategy", Ron Johnson: Dysfunction Isn't Just In Government And Congress, But In How Senate Republicans Run Our Conference. Its dailies like GateHouses most of them in smaller cities of the country that now demand new scrutiny out of this election. GateHouse would be the nominal survivor, with New Media Investment Group's CEO, Mike Reed, becoming CEO of the merged company. You may still be deciding who to back on Election Day, yet your investments may have already cast a vote. The study asked about use of, trust in, and distrust of 30 different news sources for political and election news. As Fortress restructured, it began put together its investment pools four years ago. In the more compact Republican media ecosystem, one outlet towers above all others: Fox News. Get this delivered to your inbox, and more info about our products and services. GateHouse made a contract proposal for retroactive medical and dental increases or a corresponding pay reduction, if the employee so chooses. 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. 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. That data was used to determine the fund managers' and executives' political leanings based on their net donations. New Media and Gannett Complete Merger, Creating Leading U.S. Print and
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