According to a court filing, the settlements will range from $1.54 to $1,741.63, with an average settlement payment of $518.87. The looting of the Covid relief plan known as PPP, 22 people charged in connection with a multi-million dollar Paycheck Protection Program fraud scheme, Small Businesses Are Being Hit by PPP Loan Scams, 15% of Paycheck Protection Program Loans Could Be Fraudulent, Study Shows, Man Passes Out After Hes Found Guilty of PPP Loan Fraud, Cape Coral woman pleads guilty to PPP loan fraud, accused of using money for a pool, PPP Loan Scams: 900 open criminal investigations, 100 arrested so far, Bank Fraud Involving PPP Loans Could Lead to Prison Time, Even for Relatively Small Advances, Money from the COVID Paycheck Protection Program was allegedly largely misspent, Florida Man Charged With PPP Loan Fraud After Allegedly Misusing Millions To Buy Luxury Goods. YouTubes privacy policy is available here and YouTubes terms of service is available here. The settlement is restricted to papers that carried Lens, and are concentrated in Greater Boston. Terms and Conditions: Past due accounts are subject to interest at the rate of 18% per annum or the maximum legal rate (whichever is less), This policy change effects those Applicants with business before the Conservation Commission, Planning Board, Zoning Board of Appeals,or any other board/committee within the Dept. Apple News too corporate for you? GateHouse Media, a chain backed by an investment firm, is buying USA Today owner Gannett Co. for $12.06 a share in cash and stock, or about $1.4 billion. His supposed promise, accompanied by the firm Trump hand on Sons shoulder: $50 billion in U.S. investment, aiming to create 50,000 jobs. Hours of work are 145 am to 1030 am seven days a week. View and pay your monthly statements online for FREE when you pay by e-check (ACH), from your checking or savings account. Los Angeles Times correspondent Matt Pearce shared his thoughts on the pay package on Twitter. All rights reserved. Plus, as feels universally true in these bewildering times, there appeared to even be a link to Donald Trump. Get the latest business insights from Dun & Bradstreet. Whats the best way to follow how the news is changing? The parent company of GateHouse Media earlier this month announced plans to buy Gannett in a $1.38 billion deal, which would make the company the largest newspaper publisher in the country. GateHouse Holding A/S: DK12948700 GateHouse Group A/S: DK43302078. and can be safely. Try searching for similar jobs, similar companies, or nearby cities. 0:42. IsItaScam.com does not modify the data and makes no claims regarding its accuracy, nor will entertain any request to remove any entry. Kings estate will get $7,500 to compensate him for being the lead plaintiff. There was a lot of talk about limiting newsroom layoffs when GateHouse Media bought Gannett at the end of 2019. And if youre the CEO of one of the chains, youre probably far more interested in the increased chances of cross-ownership. In the laissez-faire regulation environment taking shape under Trump, newspaper publishers and local broadcasters may well for the first time be able to combine their enterprises. Box 779 Worthington, OH 43085 614-406-5651 info@gatehousemediapartners.com . We will make the latest version of our terms available for you to read at all times. The reality of the Fortress sale, though, is both less sensational and more impactful. *Offer extended only new digital advertisers. This loan's status is reported by the SBA as "Paid in Full", which includes both loans repaid and those fully forgiven from repayment under PPP guidelines. How Much Does Gatehouse Media Massachusetts I Inc Pay? We have maintained our "country town" atmosphere over the years, yet combined it with the convenience of shopping malls, light industry, and, of course, technology. Save my name, email, and website in this browser for the next time I comment. Under the terms of the settlement, GateHouse will pay up to $425,000. Meet the first-ever artificial intelligence editor at the Financial Times. After eight years of litigation, GateHouse Media will pay up to $425,000 to settle a lawsuit with its newspaper carriers, who said they were misclassified as independent contractors. Sign In . Under terms of the agreement, the fee deal will sunset in two years. The lawsuit, brought on behalf of two GateHouse newspaper subscribers byKurtzman Carson Consultants, claimed that GateHouse violatedMassachusetts law by failing to disclose its subscription policies adequately. Critics of such management contracts point to the increased overhead they bring to news enterprises that badly need reinvestment. Many of GateHouse's Massachusetts papers are venerable, stretching back several . The two sides ultimately reached a settlement, which was approved June 28 by Norfolk Superior Court Judge Diane Freniere. The deal to merge Gatehouse with Gannett already the biggest newspaper chain in the country in terms of circulation will form a behemoth that will operate more than 250 daily papers, or one-sixth of all newspapers in the country. The 10,000-plus-employee company reaches more than 23 million people weekly via its 145 daily newspapers, 340 community publications, and 570-plus websites in 37 states. {{cite web 500 SUNSET AVE ASHEBORO, NC 27203 Get Directions (336) 626-6103. www.gatehousemedia.com . No salaries for GateHouse Media Senior Hr Business Partner in Adona, AR. Salaries posted anonymously by Gatehouse Media employees. GateHouse Media, which owns more than 100 daily and weekly community newspapers in Eastern Massachusetts, has agreed to settle a class-action lawsuit brought over the company's practice of charging for "premium" publications that subscribers hadn't asked for. Massachusetts Appeals Court rules against Gatehouse, says its newspaper carriers are employees. Its dailies like GateHouses most of them in smaller cities of the country that now demand new scrutiny out of this election. Web. Our tracking data currently support major global logistic operators creating transparency. A world of community leadership as uneven as it really was over the decades has been quickly eroded. Lens carried acover price of $3.95, thoughsubscribers to the papers were assessed $2. Word of an overall 4.6 percent budget cut across the chain is rifling through company. of Community Development and Municipal Inspections (CDMI) that requires the posting of a public hearing. 4 %. Join the 60,000 who get the freshest future-of-journalism news in our daily email. Gatehouse Media employees attributed a compensation and benefits rating of 2.5/5 stars to their company. Overall Benefits Rating.css-11cfy92{color:#0caa41 !important;}.css-11cfy92{color:#0caa41 !important;}3. Doctor, Ken. Recommend to a Friend. What do they think they know? As we have discussed earlier, GATEHOUSE MEDIA MARYLAND HOLDINGS INC received a substantial amount of money through the SBA program. User experience and cybersecurity are paramount for us. SOLD FEB 9, 2023. It invokes, Finally, when you commit a PPP loan scam, you violate. The StarNews' parent company is . That's a pretty steep sum for a once-great paper that's now a shadow of its former self, with a daily circulation of . The legal documents in the case are posted here. We can do the math on what the financialization of these community papers has meant, from Massachusetts to California. If you do not want us and our partners to use cookies and personal data for these additional purposes, click 'Reject all'. In the companys just-filed Securities and Exchange Commission 10-K, Fortress earned $9.8 million in management fees and $9.6 million in incentive compensation, amounting to that total of $19.4 million. SACKS, J. 2023. 4 likes. There is a significant gap between what Gatehouse Media Massachusetts I Inc pays the bottom 10 percent of earners and the top 10 percent of earners. Salary information comes from 5 data points collected directly from employees, users, and past and present job advertisements on Indeed in the past 36 months. make payments. New Media agreed to fork over $46 million to A.H. Belo Corp. for the ProJo. (614) 461-5000. A Massachusetts Appeals Court has ruled that newspaper carriers for Gatehouse must be classified as employees, not independent contractors. PPP Loan # 6890988904. 552 (Freedom of Information Act), Up to three-quarters of the $800 billion in disbursed PPP funds flowed to business owners instead of workers, study finds. Starting March 1, 2019,in regard to the payment of legal advertisements for public hearing notifications,Gatehouse Media will bill the fees for legals ads directly to the Applicant. 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. Gatehouse Media, LLC CLAIM THIS BUSINESS. Now, backed with a further $130 million in raised equity, CEO Mike Reed said Tuesday the company intends to buy more. " Good people and good clients" (in 3 reviews) "They let certain employees who were known for bad management slide by." (in 5 reviews) " Bad pay, low morale, hard to move upwards" (in 3 reviews) The settlement does not require GateHouse to change its practices regarding how it pays, classifies or treats the drivers. Those cuts follow more major cuts in the newsrooms of papers its acquired more recently those papers have seen the bigger cuts, as reported to me by the NewsGuild/Communication Workers of America. . GateHouse SatCom A/S: DK26040299 New Medias CEO Mike Reed then gobbled up small US newspaper companies. Ratings by category. Mark Batten, an attorney for GateHouse, said he was not allowed to comment on the settlement. 11201 Brooklyn, NY, GateHouse Holding A/S: DK12948700 King died while the lawsuit is ongoing, and the administrator of his estate, Suzanne Carey, replaced King as the named plaintiff. The size of each drivers settlement will be based on the number of weeks the carrier worked for the Patriot Ledger between September 2008 and November 2015. User Rating for GATEHOUSE MEDIA MARYLAND HOLDINGS INC, whistleblowers & employees reveal that their employers have abused their funds, 5 U.S.C. Salaries, bonuses, commissions, wages (maximum $100,000 per annum per employee), Employee allowances (sick leaves, medical, parental, and vacation pay), The first charge would be wire fraud. Given the presidents promotion of CNN into the ranks of very fake news and his senior advisor Jared Kushners recent brash critique of the station to Time Warner execs, thats a different sort of handshake to watch. Have news media CEOs said anything about a president who loudly accuses their people and companies of dishonesty? 370 Jay Street, 7th Floor SEC records indicate Davis will receive $726,000 if new owners rightsize him, including a $461,000 severance payment and a quarter of a million dollar bonus. 4 Mar. That fact shows up in the fact that on Tuesday, NEWM could report a 2016 overall revenue decline of only 2.5 percent for same store (that is, excluding the contribution of newspapers newly acquired) revenue. Theres rich irony here: The retirement funds of those in the news industry, among many others, helps fund these New Media takeovers, which in turn result in more job cutbacks and the thinning of journalism in communities from coast to coast. The above are just two instances of people getting caught by the authorities for this scam. GATEHOUSE MEDIA MARYLAND HOLDINGS INC took out a PPP loan worth $535000 for Payroll Processing for it's 54 employees. 552a (the Privacy Act) and is published unmodified, as provided by the SBA. Our rating on GATEHOUSE MEDIA MARYLAND HOLDINGS INC is based on multiple factors, including publicly available information, reviews and user notifications. The Nieman Journalism Lab is a collaborative attempt to figure out how quality journalism can survive and thrive in the Internet age. As New Media Investment announced its annual financials Tuesday, we now have a better view of the company and its plans but before we get to that, lets pick apart that Softbank news. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. However, the newspaper company will not have to change its practices. 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. Gatehouse owns mostly smaller papers. Thats a good business story. New Media Investment Group, a holding company that controls GateHouse Media, announced that it had agreed to buy Gannett, the owner of USA Today and more than 100 other publications nationwide, in . | title = Newsonomics: Softbank, Fortress, Trump and the real story of Gatehouses boundless ambition AUGUSTA, Ga. Morris Communications will sell its 11 daily newspapers and other publications in those markets to New Media Investment Group, the parent company of GateHouse Media Inc., the . None of the information on this page has been provided or approved by Gatehouse Media Massachusetts I Inc. (Tronc stands at about $500 million, Lee Enterprises at $145 million, A.H. Belo at $135 million, and McClatchy at $89 million.) Gatehouse Media Massachusetts I Inc Salaries, To create our salary estimates, Zippia starts with data published in publicly available sources such as the U.S. Bureau of Labor Statistics (BLS), Foreign Labor Certification Data Center (FLC). GateHouse owns numerous Massachusetts newspapers in addition to the Patriot Ledger, including the Cape Cod Times, the Worcester Telegram & Gazette, the MetroWest Daily News and the New Bedford Standard-Times. Denmark GateHouse Group Strmmen 6 DK-9400 Nrresundby. Earlier this week, New Media Investment Group, parent company of GateHouse Media, announced its intention to buy USA Today publisher Gannett in a deal valued at $1.4 billion. GateHouse Media reserves the right to alter these terms and conditions by posting new terms and conditions, communicating them via e-mail or through the Customer Service Portal, or by otherwise communicating them. Thats a better performance than its peers. Make no mistake: The New Media playbook has been executed well. PAYMENT DUE DATE May 20, 2022 TOTAL AMOUNT DUE $107.04 FEDERAL ID 84-1711503 BILLING INQUIRIES/ADDRESS CHANGES 1-877-736-7612 or smb@ccc.gannett.com Legal Entity: Gatehouse Media Massachusetts l, Inc. . United States GateHouse USA Corp. 370 Jay Street, 7th Floor 11201 Brooklyn, NY. Accessed March 4, 2023. https://www.niemanlab.org/2017/02/newsonomics-softbank-fortress-trump-and-the-real-story-of-gatehouses-boundless-ambition/. This significant and troubling story described the merger of Gannett GateHouse Media, a . The not-very-helpful text of the notice: To learn more about the proposed class action settlement in the Steven Keenholtz, M.D., et al. Clear. 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. User experience and cybersecurity . You must attribute this work to Media Nation (with link). On October 26, 2017, Gatehouse media acquired Edward A. Sherman Publishing that included a daily newspaper, a commercial printing division, and three monthly publications based out of Newport. GateHouse made a contract proposal for retroactive medical and dental increases or a corresponding pay reduction, if the employee so chooses. Offer expires 9/30/19. The specter of Trump-related foreign ownership may be a misplaced apparition but it shouldnt obscure the real specter of a faster chain roll-up of newspaper ownership in America. Under the agreement, subscribers may receive a refund or have their subscriptions extended if the proposed settlement is approved in Superior Court. 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. Is there a future for video games journalism? Try searching for similar jobs, similar companies, or nearby cities. 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. Based in Pittsford, New York, GateHouse Media is one of the largest publishers of local-market print and digital media in the U.S. As of May 31, 2019, GateHouse Media publishes 156 daily newspapers and hundreds of . GateHouse Media to condense 50 weekly Massachusetts newspapers into 18. There is a significant gap between what Gatehouse Media Massachusetts I Inc pays the bottom 10 percent of earners and the top 10 percent of earners. . Under the settlement, GateHouse continues to deny any wrongdoing. GateHouse Media. Fysisk lag FPGA udvikler / FPGA Developer. I agree to receive promotional communication from GateHouse Media and its affiliates. President and Fellows of Harvard College, unless otherwise noted. *Update:I have learned that the proposed settlement pertains to most but not all GateHouse Media papers in Eastern Massachusetts. Contact Information. In Illinois, she says, the company added to the financial misery. Advertising fees to be billed directly to Applicant by Gatehouse Media. The inclusion of a person or entity in the IIAS Database is not intended to suggest or imply that they have engaged in illegal or improper conduct related to PPP Loan (scam). GateHouse Media must be doing extremely well since this year's bonuses are over a quarter of a million more than the company awarded in 2010. 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. the other two being Halifax Media Group and GateHouse Media. Mon Thurs: 08.00 16.00 Gatehouse Media Massachusetts I Inc in Fall River, MA received a Paycheck Protection Loan of $387,500 through HSBC Bank USA, National Association, which was approved in April, 2021. Is FOUNTAIN ROCK MANAGEMENT CORPORATION a Scam? | work = [[Nieman Journalism Lab]] 2,097 Sq. GateHo For the first time in nearly 35 years, The Florida Times-Union is under new ownership. For those searching out nefarious conspiracy in the news media ownership world, this initial GateHouse conspiracy story may be a disappointment. Where does the acquisition money come from? And Ian Donnis of Rhode Island Public Radio writes that GateHouse continues to hack away at The Providence Journal, and that layoffs may be coming. The money was extracted by shortening the length of 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. Use of and/or registration on any portion of this site constitutes acceptance of our User Agreement, Privacy Policy and Cookie Statement, and Your Privacy Choices and Rights (each updated 1/26/2023). 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. GateHouse Media, which owns more than 100 daily and weekly community newspapers in Eastern Massachusetts, has agreed to settle a class-action lawsuit brought over the companys practice of charging for premium publications that subscribers hadnt asked for. Nearby homes similar to 107 Gatehouse Dr have recently sold between $330K to $434K at an average of $155 per square foot. The Reverse Scooby-Doo theory of tech innovation comes with the excuses baked in, How will journalists use ChatGPT? And with a market value of $800 million, it stands second only to Gannetts ($1 billion) among public newspaper firms. Last modified February 23, 2017. GateHouse USA Corp. When . Businesses who took out these loans could spend the borrowed sum on: Federal authorities are aggressively targeting individuals and companies for PPP loan fraud. If you have any questions, please contact Sandy MacFarlane or Derek Vozzella at 781-826-6505. GateHouse Group A/S: DK43302078, GateHouse SatCom A/S: DK26040299 Photo of Donald Trump and SoftBank CEO Masayoshi Son at Trump Tower December 6, 2016, by AP/Andrew Harnik. Often, however, whistleblowers & employees reveal that their employers have abused their funds. GateHouse's largest papers include such familiar titles as the Patriot Ledger of Quincy, the MetroWest Daily News of Framingham, and the Enterprise of Brockton. All. Please contact usif you find an error in the database. All rights reserved (About Us). Zippia gives an in-depth look into the details of Gatehouse Media Massachusetts I Inc, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Gatehouse Media Massachusetts I Inc. 2.4 Culture. Sometimes when you connect the dots, you just get more dots. 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. Even a single PPP loan fraud case might involve multiple criminal laws. Discounts, Offers and Advertising Opportunities. Furthermore, GateHouse is closed on December 31. If you purchase a product or register for an account through one of the links on our site, we may receive compensation. Language. Most prominent among those premium publications was Lens, an advertising vehicle published several times a year that was delivered along with GateHouse papers. Gatehouse Media Pay & Benefits reviews Review this company. Also in this issue, the Right's attempt to rewrite history in India, the Kurdish feminist revolution and is Ron DeSantis the next Trump . Institutional and mutual fund shareholders, including Vanguard, T. Rowe Price, Wells Fargo, and Black Rock Fund own at least 70 percent of the company. Newsletters and Marketing Resources. authenticate users, apply security measures, and prevent spam and abuse, and, display personalised ads and content based on interest profiles, measure the effectiveness of personalised ads and content, and, develop and improve our products and services. COO Kirk Davis isn't far behind Reed. 2.9 Work-Life Balance. 7 reviews of GateHouse Media "Don't have the MetroWest Daily News home delivered! Start making your online monthly payments today by creating your account below. How much do Gatehouse Media employees make? They find its dividend just increased to 35 cents per quarter attractive. One takeaway: The greatest likelihood coming out of the Fortress sale, at least in the short term, is steady as she goes. No salaries for GateHouse Media Distribution Manager in Tallahassee, FL. Happiness rating is 48 out of 100 48 Both CEO Mike Reed and CFO Greg Freiberg draw their compensation from Fortress; COO Kirk Davis is a New Media employee. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. Newsonomics: Do newspaper companies have a strategy beyond milking papers for profit? The parent company of GateHouse Media earlier this month announced plans to buy Gannett in a $1.38 billion deal, which would make the company the largest newspaper publisher in the country. Get the latest business insights from Dun & Bradstreet. The deal will formally close by the end of 2019. You can change your choices at any time by clicking on the 'Privacy dashboard' links on our sites and apps. Find company research, competitor information, contact details & financial data for Gatehouse Media Massachusetts I, Inc. of Beverly, MA. 2.5 Baths. Furthermore, GateHouse is closed on December 31. To be sure, theres a chill in the air, and courage isnt easy to come by. GateHousewould also continue to charge a $4.95 activation fee for new subscribers. As 12-decade-old newspaper companies get sucked up and shrunken by financial managers sending what seem to be outrageous profits as far off as Tokyo, the whole notion of newspaper executive leadership has ebbed away. The drivers are barred by the settlement from speaking to the press about it. Some SEC filings can help us find some clarity. Doctor, K. (2017, Feb. 23). Community Development and Municipal Inspections, Center/Sylvester School Building Committee, WaterSmart MS4 Sediment and Erosion Control Poster. . But Fortress doesn't own New Media; its actual holding of about 74,000 shares out of New Media's 53 million amounts to less than 1 percent of the company. New Media is well positioned to take advantage of more great acquisition opportunities at attractive valuations in 2017. Its the remaining family newspaper companies, like the 119-year-old Dix Newspapers, that are taking the money and exiting the business. Top . The answer, of course, isnt singular. Doctor, Ken. It calls for Gannetts shareholders to receive $6.25 in cash and 0.5427 worth of New Media shares for each share of Gannett. Our daily email, with all the freshest future-of-journalism news. Gatehouse Media Massachusetts I Inc pays $19.89 an hour, on average. Loans issued under the PPP carry a 1% interest rate, but the loans are completely forgivable if certain conditions are met. The company will retain the Gannett name and the companys McLean., Va., headquarters. Please note that all salary figures are approximations based upon third party submissions to Indeed. Enter your email address to follow this blog and receive notifications of new posts by email. Tuesdays headline: Robotics and tech firm SoftBank Japan purchases newspaper company GateHouse Media. Drivers who sign the settlement agree not to bring any further lawsuits against GateHouse related to wages, overtime, employer classification or any other issue stemming from the class action suit. 62 E Broad St. Columbus, OH 43215-3503. SOLD FEB 15, 2023. Newspaper delivery person David King, who worked for the Patriot Ledger in Quincy, filed the class action lawsuit in 2011 in Norfolk Superior Court on behalf of all Patriot Ledger newspaper carriers. Subscribers should send payments to Gannett Holdings LLC SE, PO Box 660238, Dallas, TX 75266-0238. . But Fortress doesnt own New Media; its actual holding of about 74,000 shares out of New Medias 53 million amounts to less than 1 percent of the company.