Lets be clear: This is a very, very small matter. of Community Development and Municipal Inspections (CDMI) that requires the posting of a public hearing. Both CEO Mike Reed and CFO Greg Freiberg draw their compensation from Fortress; COO Kirk Davis is a New Media employee. Plus, as feels universally true in these bewildering times, there appeared to even be a link to Donald Trump. GateHouse, according to the proposed settlement, denies any wrongdoing on its part but agreed to the settlement based on the risks and potential cost of the litigation and the benefits of the proposed Settlement. Kirk Davis, GateHouses chief executive officer, declined to comment. The parent of the nations second-largest newspaper company, Gatehouse Media, has struck a $1.38 billion agreement to acquire USA Today publisher Gannett in a cash-and-stock deal. Instead of being billed for the additional Premium . At best, GateHouse puts together a cluster of newspapers best for cost-cutting efficiency and consolidation and takes over a newer printing operation that it can use for centralized, again more cost-efficient, publishing. It looked like head-turning news: A Japanese company had taken control of one of Americas largest newspaper chains, New Media Investment Group, a.k.a. Often, however, whistleblowers & employees reveal that their employers have abused their funds. From the time I learned about it, I was astounded that GateHouse would go to the trouble of hitting subscribers with an activation fee and charging them for publications they hadnt asked for and didnt want. The parent of the nation's second-largest newspaper company, Gatehouse Media, has struck a $1.38 billion agreement to acquire USA Today publisher Gannett in a cash-and-stock deal. As of May 31, 2019, GateHouse Media publishes 156 daily newspapers and hundreds of . Gannett, which publishes USA Today, owns just over 100 newspapers while New Media Enterprises, GateHouse Media's parent company, owns nearly 400 American newspapers across 39 states. In Illinois, she says, the company added to the financial misery. Photo of Donald Trump and SoftBank CEO Masayoshi Son at Trump Tower December 6, 2016, by AP/Andrew Harnik. In this ever-toughening local newspaper environment, even New Media Investment Group walks a thin tightrope, further proving that single-class public companies serve the needs of transitioning news efforts poorly. Offer valid with only a $1,500 minimum digital campaign spend, and cannot be combined with any other offer.