google-site-verification: google5ae98130f18ad244.html

Friday, February 28, 2020
Text Size

Aug. 9 – Leading unions and industry pundits have MUCH to say about GateHouse/New Media, the company buying SMN

By Lou Phelps, Savannah Business Journal

August 9, 2017 – in February, Ken Doctor, one of the leading newspaper industry journalists, writing for the Poynter Institute, took on the strategies of GateHouse/New Media Investment Group, including looking at the company’s series of acquisitions and jobs cuts within just the previous 12 months.

More importantly, Doctor wrote in February about who actually owns GateHouse – Fortress Investment Group.  And who controls Fortress?  “A Japanese company took control of one of America’s largest newspaper chains, New Media Investment Group, a.k.a. GateHouse Media. Tuesday’s headline: “Robotics and tech firm SoftBank Japan purchases newspaper company GateHouse Media”. As Softbank’s 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,” wrote Doctor. 

He then linked SoftBank’s CEO, Masayoshi Son,  to just-elected President Donald Trump.  “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. His supposed promise, accompanied by the firm Trump hand on Son’s shoulder: $50 billion in U.S. investment, aiming to create 50,000 jobs. saying “The U.S. will become great again,” Son offered,” wrote Doctor. 

Doctor has sought to inform and raise the consciousness of readers and voters about the newspaper mega-corp that is now the largest owner of newspapers in the United States.   His full story can be found on the SBJ’s FB page.

That GateHouse has grown so large concerns many in the industry, with the potential for the company to take an editorial opinion on national issues and elections that can be impactful.  

Another vocal critic of GateHouse has been a leading industry union, the United Media Guild.  The guild, understandably not an objective news source - has written a series of articles recently about GateHouse/New Media.  They can all be found on the Guild’s website, at

“New Media shareholders share UMG’s concerns about GateHouse management”, May 31, 2017 by by Jeff

Wall Street sours on New Media Investment Group as its asset-stripping accelerates,” May 15, 2017 by Jeff

GateHouse, Digital First Media workers unite to fight for quality journalism,” Apr 28, 2017 by Jeff

“The United Media Guild sees this damage daily while representing members at the Peoria Journal Star, State Journal-Register of Springfield, Rockford Register Star, Pekin Daily Times and Freeport Journal Standard,”was a recent post.

“Jeff” is not identified with a last name, but there is certainly unrest and concern across all of GateHouse’s holdings about the personnel cuts. 

Comment (1) Hits: 7647

Recent comments

  • Guest - Robert Davis

    The only folks who care about the purchase are the television news departments who get their lead stories for 6pm broadcasts. I only subscribe SMN to get the Daily Jumble and to see if my name is in the obits.
    Like 0
View other comments

More Articles...

  1. Aug. 9 – The company buying the Morning News, New Media Investment Group, reported a Strong Second Quarter
  2. FEATURE: New Media/Gatehouse announces acquisition of Savannah Morning News, and other Morris assets
  3. Feb. 15 – Goodbye ‘Dr. Oz’ - Comcast ends broadcasting WGSA Channel 13 in Savannah area as of March 12
  4. Jan. 12 – Lou Phelps, Publisher of Coastal Empire News, named to Board of Directors, Society of Professional Journalists/GA Chapter
  5. Jan. 5 – Deb Thompson, General Manager of WSAV-TV for 12 years, leaves to join Senior Citizens, Inc’s management team
  6. Nov. 28 - Funeral Arrangements Announced for WTOC Reporter Don Logana
  7. Nov. 20 – COMMENTARY: A Great Guy; An even GREATER Community Journalist
  8. Nov. 3 – SMALL BUSINESS FOCUS: The Detail Department Celebrates 10th Anniversary
  9. Oct. 8 – 4:00 a.m. - Hurricane Matthew Forces Road Closures in Coastal Area; Multiple locations impassable as storm impacts increase
  10. Oct. 8 – 2:30 a.m.- Status of News, Information to expect from Chatham County Officials; Update on Power Outages
  11. Sept. 21 - Savannah Herald temporarily ends print edition, sells building and moves to digital publishing
  12. Sept. 21 - Exercising options, County Manager Lee Smith suggests Commissioners consider seeking new Library MOU
  13. Sept. 15 - Goodwin appointed Strategic Planning and Research VP at DX Marketing
  14. Aug. 24 - Speros hires Rik LaSpisa as Account Executive
  15. Aug. 15 - Carriage Trade Public Relations and Cecilia Russo Marketing Select Brooke Sheeler as Fall 2016 Intern
  16. Aug. 3 – WTGS-FOX’s parent company Sinclair reports Second Quarter 2016 Financial Results
  17. June 23 - WSAV News 3’s Dave Kartunen honored with National Murrow Award
  18. May 16 - Carriage Trade PR and Cecilia Russo Marketing Select Mary Miltiades as Summer Intern
  19. Apr. 8 - Visit Savannah and Visit Tybee Receive Local and District ADDY Awards
  20. Apr. 6 - Savannah Bananas signs multi-year deal with Alpha Media Savannah-Hilton Head

Page 11 of 84

CLICK to SUBSCRIBE and Support Great Journalism!

Follow Us!

Coastal Empire News
Headquarters: 2222 Bull Street,Savannah, GA. 31401.
Tel: 912-220-2759 | Hours: 8:30 a.m. to 5:00 p.m.