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  1. www.businesswire.com › news › homeNew Media Investment Group to Acquire Gannett - Business Wire

    Aug 5, 2019 · (“New Media”) (NYSE: NEWM) and Gannett Co., Inc. (“Gannett”) (NYSE: GCI) announced today that New Media and Gannett have entered into a definitive agreement (the “Merger Agreement”)...

  2. www.forbes.com › companies › new-media-investment-groupNew Media Investment Group | Company Overview & News - Forbes

    Learn about New Media Investment Group, a development stage company that operates newspaper, media directory and other media content businesses. Find out its founder, CEO, location, and latest news on Forbes.

    • Ceo

  3. www.crunchbase.com › new-media-investment-groupNew Media Investment Group - Crunchbase Investor Profile ...

    New Media is a private equity firm that invests in local media assets and digital marketing businesses. It is one of the largest publishers of locally based print and online media in the US, with a stock symbol NYSE:NEWM.

    • New York
    • Jason Taylor

  4. www.usatoday.com › story › moneyGannett, New Media Investment Group complete merger: 'Pivot ...

    • Outlining A Strategy
    • Shedding Overlapping Costs
    • Concern About Further Cuts

    Bascobert outlined a strategy based on lead generation in local markets – similar, he said, to the approach taken by home services site Angie's List and Yelp, a reviews and directory service. Need a plumber, for example? A Gannett publication could help you find one and then earn a fee for helping make that connection. "This is really us beginning ...

    See full list on usatoday.com

    In the short term, though, the success of the merger is linked to the company's plan to shed $275 million to $300 million in overlapping costs on an annual basis within 18 to 24 months. That's crucial to paying off a $1.8 billion loan from private equity firm Apollo Global Management that New Media used to help finance the acquisition. Those cost s...

    See full list on usatoday.com

    Journalism advocates fear heavy-handed layoffs in already strapped newsrooms, which provide the content that drives readership, fuels digital ads and attracts paid subscriptions online and in print. Jeff Gordon, a regional vice president for The NewsGuild, whose region represents journalists at four GateHouse newsrooms, expressed concern last week ...

    See full list on usatoday.com

    • Business Reporter

  5. www.businesswire.com › news › homeNew Media and Gannett Complete Merger, Creating Leading U.S ...

    Nov 19, 2019 · NEW YORK & MCLEAN, Va.--(BUSINESS WIRE)--New Media Investment Group Inc. (“New Media”) (NYSE: NEWM) and Gannett Co., Inc. (“Gannett”) (NYSE: GCI) jointly announced today the successful...

  6. www.reuters.com › article › businessNew Media to buy Gannett for $1.4 billion, creating biggest U ...

    Aug 5, 2019 · Local media company New Media Investment Group <NEWM.N> said on Monday it will buy USA Today-owner Gannett Co <GCI.N> in a $1.4 billion deal, creating the biggest newspaper owner in the...

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  8. craft.co › new-media-investmentNew Media Investment Group Company Profile - Craft

    New Media is a company focused primarily on investing in a high quality diversified portfolio of local media assets and growing digital initiatives. The company's printed and online products specialize in the local community, covering topics such as local news, politics, community and regional events, youth sports, and local schools.