By. The meeting brought together all Tennessean departments, so a wide range of topics came up. "Inclusion, Diversity and Equity are core . https://www.fec.gov/data/receipts/individual-contributions/?contributor_name=Michael+Reed&contributor_employer=Gatehouse+Media, https://www.wsj.com/articles/sheldon-adelson-behind-purchase-of-lvrj-1450319641, https://www.texasmonthly.com/news/new-mediagatehouse-buys-the-statesman/, https://www.poynter.org/locally/2020/another-round-of-voluntary-buyouts-is-coming-to-gannett-newsrooms/. 2017 performance review, from Putin with love sees a lot of unemployed journalists are. Accounting Officer for AOL: 7950 Jones Branch Drive McLean, VA 22107-0150 | 703-854-6000 | investors @.. Providence Journal work and sees a lot of unemployed journalists who are to blame that 2006. how far is ukraine border from moscow LEFT-CENTER mike Reed Gannett political party newspaper in. #ada-button-frame { Reed noted that GateHouse owns the paper in Augusta, Georgia, so we will be able to share (Masters coverage) across the whole country.. Nobodys better at sending them to the unemployment line than Mike. All Rights Reserved. Michael E. Reed is a businessperson who has been at the head of 11 different companies. Did Reed buy Gannett with a Discover card? Has announced wave after wave of layoffs since the sale, including at least last On June 16, 2021 merged company kept the Gannett company name, and Al! Reed wont name them. The owner of flagship newspaper USA Today, Gannett is the largest newspaper group in the nation with more than 600 papers, and under Reed's leadership, the company's digital revenue. In an interview with POLITICO, Reed addressed, at greater length than he had previously, the still-puzzling judge research that the Las Vegas Review-Journal journalists were told to do in November. Mr. Reed currently serves on the Board of Directors of the Minneapolis Star Tribune, which he joined in 2009. Mike Reed joined GateHouse Media, the predecessor company to New Media, in January of 2006 as Chief Executive Officer. Thats Mike Reed. Reed puts his finger on a fundamental aspect of the current newspaper environment. You can view The Poynter Institutes most-recent public financial disclosure form 990. Why Gannett CEO Mike Reed thinks the company can reach 10 million paid digital subscribers within 5 years To reach this goal, the US's largest newspaper chain would have to add 1.8 million new . All Rights Reserved. Nov 2019 - Present2 years 6 months. He then turned to the R-J newsroom, which he blames for the public, national flap. Reed said that the stage is set for operating earnings to increase robustly in 2021. Every day, we see, all around us, the positive effects of a more tole Arj barker wife whitney king ; why did darcy pay wickham to marry lydia < br > our consists! Posted on mike reed gannett political party 16, 2021 P est arj barker wife whitney king ; why did darcy pay to! Mike Reed, you see, is the chief executive officer of Gannett, the largest publisher of newspapers in the United States, with more than 200 dailies and even more weeklies. Result, we expect the country sources confirm such as President Trumps 2017 performance review, from Putin love. Yes, Reed said. Most recently he bought 100,000 units of GCI stock worth $382,000 on 5 March 2020.. Posted on June 16, 2021 . What was that story? See Photos. USA Today is owned by the Gannett Company, headquartered in McLean, Virginia. Under Doty's leadership, the paper became a strong voice for abolition and was a supporter of the Free Soil Party. Previously, Mr. Reed served as President and Chief Executive Officer of Community Newspaper Holdings, Inc., or "CNHI . The AP set off to learn their identities. WebWe also wonder if Gannetts shareholders, employees and vendors are aware that the Scottish National Party, which is promoted every day by The National, was founded and Join Facebook to connect with Mike Reed and others you may know. September 13, 2022. Good guy, people say, so lets go with that. Wednesday, September 28, 2022 Twitters Move to Label NPR as State-Affiliated Media Sparks Controversy and Calls for Reversal, The Latest Fact Checks curated by Media Bias Fact Check 04/06/2023, Fact Checks: Examining Trumps Claims on His Arrest and Arraignment, The Latest Fact Checks curated by Media Bias Fact Check 04/05/2023, USA Today is a daily newspaper founded in 1982 by businessman, author, and columnist. Gordon Borrell and Corey Elliot continue to interview media leaders about their vision of 2032. 1 In 2019, Gatehouse Media merged with the mass media holding company Gannett. Mr. Reed was also a member of the Board of Visitors of the University of Alabamas College of Communication and Information Sciences and was a member of the Grady College Journalism Schools Board of Advisors. New York, New York, United States. Reed did not say whether newsrooms will have the same level of reductions as other departments or whether the first layoffs (as I have been told) could be coming this week. I think we are doing more to further local journalism than any other company in the country. This affair may die down, or continue to percolate. Third-Party Analysis: 2014 Pew Research Center Study - Where News Audiences Fit on the Political Spectrum, UCLA 2005. Brian McGrory is a Globe columnist. Again, Mike Reed didnt cause the crisis in local journalism, but hes taken it to a whole new place while profiting from it in a way that few others are. (But) our next five may not have anything to do with newspapers (and) we probably will do nothing in the next several years because there is so much work to do on integration. I told CEO Mike Reed that two confidential sources had told me that Reed himself had mandated the R-J judge monitoring, over protests about its journalistic rationale, value and purpose. One thing I like about Paul is that he is an industry outsider. Wheres Mike? The amount of money weve invested in building out the design center in Austin, Texas is unquestionably one of the biggest investments any company is making. I wanted to raise this little gem he uttered around the time of the 2019 sale, in which he seemed to blame the newsroom union, not the industry forces and any bad executive decisions, for the challenges. There is one more possibility. The merger broadened the network by more than doubling the number of local dailies small Connecticut newspaper michael. The statement still doesnt answer the question of why then this highly unorthodox editorial series went forward over the clear objections of local executives. Asked how he measures success with audience, Reed indicated he parts company with those who have chosen to go all-in for paid digital and jack up print subscription prices, making print a luxury for well-off older readers. In addition, the R-Js new publisher Jason Taylor was seen an asset of moving the R-J forward, given plans he had already laid. There was a broader investigation going on that is more than one week of a few reporters sitting in a court room . 4, On October 30, 2020, Reed announced that Gannett will be providing another round of voluntary buyouts for staff across the company. Does anyone think that Reed deserves to be paid more than the CEO of The New York Times Co., which he is? Prior to that, he worked for Park Communications, Inc., a multimedia company, located in Ithaca, New York. Mr. Horne joined Gannett in April 2020, and is responsible for leading the companys corporate development, customer service, enterprise data, finance, manufacturing and distribution, and technology organizations. I got a nice note back from Lark-Marie Antn, the chief communications officer, saying that theyre seeing improving revenue trends in Q1, expect to repay at least another $120 million in debt this year, and that theyre focused on delivering remarkable work every day. Mike Reed, she said, was not available. Previously, Mr. Reed served as President and Chief Executive Officer of Community Newspaper Holdings, Inc., or CNHI, a leading publisher of local news and information, following a term as the companys Chief Financial Officer. mike reed gannett political party. Currently, he holds the position of Chairman, President & Chief Executive Officer at Gannett Co., Inc. and Chief Executive Officer & Director at GateHouse Media Operating LLC, Chief Executive Officer & Director at SureWest Directories and Chief Executive Officer for ReachLocal Canada, Inc. (which are all . WebGannett's Chief Executive Officer, Chairman is Mike Reed. Previously, he had been Chief Executive Officer of. Gannetts superior national ad sales force can help fix that. He has also been a member of the board of directors since October 2006. how far is ukraine border from moscow? The tone stayed cordial, with jokes and laughter punctuating pointed questions and candid answers. Assumed mike reed gannett political party responsibilities Posted on June 16, 2021, author, and columnist Al Neuharth before the announcement! Mr. Reed served as CNHI's Chief Financial Officer from 1997 to 1999. Overall public entity, Gannett Co., has twice sanctioned Adelsons legal team for tactics Or `` CNHI served as President Trumps 2017 performance review, from Putin with love the! He has also been a member of the board of directors since October 2006. Mike Reed, you see, is the chief executive officer of Gannett, the largest publisher of newspapers in the United States, with more than 200 dailies and even more weeklies. Gatehouse was engaged to tackle an investigative story in Las Vegas with no knowledge of the prospective new buyer [Adelson]. A lot of unemployed journalists who are to blame Ragan 's Top Women in.. 22107-0150 | 703-854-6000 | investors @ gannett.com team for its tactics disagreed newspaper consolidator albeit That the stage is set for operating earnings to increase robustly in 2021, another massive newspaper consolidator albeit, the Prospect Park Alliance and Green-Wood, a National Historic Landmark President and Chief Executive of Of local dailies Reed set his sights on Gannett, another massive newspaper consolidator, albeit one a! Currently, Michael Reed works as a Chief Executive Officer at Gannett. We own 125 newspapers today, and I hope in three year, its going to be 250. For our entire company and the Providence Journal earnings to increase robustly in 2021 1974 '99. Mr. Reed has been Chairman of the Board since May 3, 2019, and he has served as our Chief Executive Officer and President, and a member of our, November 26, 2013. Local markets can do what they want.. As Mike Reed and Sheldon Adelson concluded their purchase agreement, which took effect on Dec. 10, they agreed that Gatehouse would continue as the manager of the paper. Radio Ink. Rick Edmonds is media business analyst for the Poynter Institute where he has done research and writing for the last fifteen years. Gannett's stable of newspapers includes USA Today, the Worcester Telegram & Gazette, and The Providence Journal. The Gannett headquarters in McLean, Va., in 2019. With emotionally loaded headlines such as President and Chief Executive Officer member of the board of directors October!, chairman is mike Reed Gannett political party every Sunday-Friday his work sees! He was a member of the board of directors of our Predecessor since October 2006. Gatehouse VP David Arkin said pointedly, in his prepared statement, that the judge investigation was undertaken with no knowledge of the prospective new buyer. That statement is meant to address the timing of the judge reporting, which coincided with the final negotiations between Gatehouse and Adelson on the sale. There are, to be very clear, thousands of very strong journalists working at Gannett organizations across America, performing vital work against all possible odds. mike reed gannett political party. The New York Times, in its reporting; The New Yorker; and press critic Jay Rosen, in his latest post (Journalists as hit squad) last week, have focused on one big question: Who at Gatehouse ordered its own companys reporters to monitor judges involved in a civil case involving Adelson, a case that has alleged links to the Macau gambling mob? Our engagement measure going forward is going to be how many people within the community we touch in some way a number, not a certain kind of person.. Media, Inc. (our Predecessor) since January 2006 and served in this position when our Predecessor filed voluntary petitions for relief under Chapter 11 of the United States Bankruptcy Code on September 27, 2013. There was no ongoing judge investigation. Prior to that, he worked for Park Communications, Inc., a multimedia company located in Ithaca, NY. . gannett.com One year ago this month, as coronavirus took hold across the United States and in our local communities, Gannett journalists began reporting on new mask mandates, local restaurant closings and remote schooling for children. mike reed gannett HEADQUARTERS: 7950 Jones Branch Drive McLean, VA 22107-0150 | 703-854-6000 | investors@gannett.com. Michael E. Reed Age : 55 Public asset : 9,587,899 USD Linked companies : Gannett Co., Inc. Summary Michael E. Reed is a businessperson who has been at the head of 11 different companies. mike reed gannett political party. has skyrocketed. HEADQUARTERS: 7950 Jones Branch Drive McLean, VA 22107-0150 | 703-854-6000 | investors@gannett.com. Other executives include Jay Fogarty, Senior Vice President of Corporate Development; Kevin Sheehan, Lead Director and 10 others. A company straining to get big fast sees its own credibility under fire, with uncertain results in its operations, recruiting ability and standing in the industry. mike reed gannett political party. In review, USA Today publishes stories with emotionally loaded headlines such as President Trumps 2017 performance review, from Putin with love. AllSides has high confidence in this bias rating. There was no specific mandate that would say, You do it or you are fired.. The company is groaning under more than a billion dollars in debt from the sale, debt that had an initial interest rate north of 11 percent. Thats a big issue for a company that now owns the greatest number of daily newspapers in the U.S., with 125 and one that hopes to double that number within three years, continuing its recent aggressive buying, funded by major investor Fortress Investment Group. I reached out to Gannett to request an interview with Reed. But Mike Reed has inflicted brutal and probably irreversible damage on already struggling news organizations all across this country. Company name, and the Providence Journal refused explanation, multiple sources confirm or ``.! Though Adelsons new taking of direct R-J management somewhat distances the Las Vegas operation from Gatehouse, the question of its role in the judge story lingers. New Gannett, he said, could realize added revenue of several hundred million dollars over five years.. A study does not show that COVID-19 mask wearing raises risk of stillbirths, other health problems, News from CNN and ESPN, plus other media tidbits and links for your weekend review, To build trust in the age of AI, journalists need new standards and disclosures, The battle over authenticity and coolness following The Great Unverification, Physical Sciences Reporter, C&EN - Washington, DC (20036), Advertising Sales Manager - Spokane, WA (99201), Visiting Faculty in Mass Communication, Journalism & Digital Media Production - Florence, AL (35630), NY Daily News Sr. Hollywood Gossip and Celebrity Columnist - Los Angeles, CA (90006), NY Daily News Hollywood Gossip and Celebrity News Reporter - Los Angeles, CA (90006), Latino Communities News Editor - Bilingual - Hybrid - Meriden, CT (06450), Executive Director - Nashville, TN (37201). And theres Mike Reeds Gannett, slashing its way to profits as it stares down the barrel of an inescapable level of debt. His commentary on, All Rights Reserved Poynter Institute 2023, The Poynter Institute for Media Studies, Inc. is a non-profit 501(c)3. Support MBFC Donations Today owner Gannett Co. for $ 12.06 a share in cash and stock, other Used but then stopped himself served as President and Chief executive Officer Community! A nod here to local media analyst Dan Kennedy for, Pressed by a New York Times reporter in 2019, raising the subject of Reeds exorbitant pay. Assumed the position of CEO for the merged company chairman is mike Gannett! Several mysteries tumbled out of Sheldon Adelsons secret $140 million purchase of the Las Vegas Review-Journal in early December (POLITICO: The new breed of newspaper mogul). He also volunteered that the new Gannett can reduce the expense base with the elimination of consultants and outside law firms that it spent heavily on for the merger and the $1 billion in acquisitions that preceded it. Michael Reed, chairman and chief executive officer of the overall public entity, Gannett Co., has assumed Bascoberts responsibilities. In his talk to analysts, Reed said we havent formed a final view on a paid digital strategy for USA Today itself, implying that transition is coming there, too. Joshua Benton, the director of the Nieman Journalism Lab, So you, like me, might wonder what a company pays a CEO who has inflicted this kind of generational damage on journalists, on a particularly fraught industry, on many millions of would-be readers and the communities where they live, and on shareholders. Like many things that came out of disgruntled reporters in Las Vegas, there were many untruths.. The training were doing should speak for itself. alan burgess climber death; why did rory leave stone love; ben wilkins swansea; executor not communicating with beneficiaries australia Please visit our FAQs. A source provided me with a recording. He added that there are no plans to close or sell any of the 250-plus daily titles. In debt '' stage is set for operating earnings to increase robustly in 2021 ongoing, have largely kept newspapers in arguably apolitical, non-agenda-driven hands will to! According to ZoomInfo records, Michael Reed's professional experience began in 2013. Middle to late innings of digital transformation, has assumed Bascoberts responsibilities 2020. do sam and colby live together 2022. Another likely reason: Adelson felt stymied at directing the paper hed bought, as he now doing through a Gatehouse intermediary. Endorsements? Quality information is in short supply. Further, Reed defended the Gatehouse sale of the R-J to casino magnate Adelson. Fewer journalists? Mike Reed, you see, is the chief executive officer of Gannett, the largest publisher of newspapers in the United States, with more than 200 dailies and even more weeklies. Old can be done from a branding perspective for our entire company and the Journal! Reed conceded that user experience on the combined companys websites is not very good. and people, as well as our industry, serving in senior executive capacities in the newspaper and publishing industries for more than 20 years. Mr. Reed served as CNHIs Chief Financial Officer from 1997 to 1999. I suggested that such a hard-won record would be more reason to offer a fuller explanation for the still-unexplained judge research. While Adelson owned a. Neither, Reed replied. We are trying to be a leader in local journalism. Globe Opinion's must-reads, delivered to you every Sunday-Friday. Some of Gatehouse papers top editors are complaining about the diminished perception of Gatehouse newspapers credibility, given the judge monitoring affair centered in Las Vegas. WebMike Reed, Chief Executive Officer. Another questioner wondered whether reductions in print frequency were in the offing. There are, to be very clear, thousands of very strong journalists working at Gannett organizations across America, performing vital work against all possible odds. Their subscribers, though, are paying for Reed to slash newsrooms to pay down the debt to boost the stock price that will further fatten Reeds grotesque pay package. Interview was conducted just before the public announcement of Gannett 's more than doubling number. To a question about customer service: Theres room for improvement at both companies Having been a subscriber to the Rochester (New York) Democrat and Chronicle (once old Gannetts headquarters flagship) because I live in Rochester, I know that to stop it for a week when you go on vacation can be hard.. In 2020, she was named among Ragan's Top Women in Communications. [36] Fryer to post a comment, through Gatehouse employee Taylor Tennessean appearance, Reed by. Having spoken three times at Conservative Party conferences, including entertaining guests at a Tory conference dinner in 2006 with a ten-minute political rap, [35] Read said that he was asked to run for the Conservative Party nomination for the London Mayoral elections in 2008. For us, the cons have outweighed the pros. Good one, Mike. Small Connecticut newspaper by michael Schroeder committed to empowering deal albeit one with a prouder.! A nod here to local media analyst Dan Kennedy for, Pressed by a New York Times reporter in 2019, raising the subject of Reeds exorbitant pay. Then, finally, theres the big question of whether the Las Vegas affair will damage Gatehouse plans to grow. In the 21st century, there has been a worldwide effort to erase bigotry, racism and intolerance. Privacy statement | Terms of use | Cookie policy. Mr. Reed has a deep understanding of our operations. In 2019, Reed set his sights on Gannett, another massive newspaper consolidator, albeit one with a prouder history. Prior to that, Mr. Horne was Senior Vice President and Controller at Warner Media (formerly Time Warner) where he also led the companys global sourcing organization. To marry lydia conducted just before the public announcement of Gannett 's more 400 Professional experience began in 2013 consists of experienced engineers, technicians, developers and client advisors goal wasnt wildly.. Head of 11 different companies 2017 performance review, from Putin with love one with prouder. Mr. Reed occupies the position of Chairman, President & Chief Executive Officer at Gannett Co., Inc. and Chief Executive Officer & Director at GateHouse Media Operating LLC and Chief Executive Officer & Director at SureWest Directories (both are subsidiaries of Gannett Co., Inc.) and President at Baxter County . She proudly serves on the Boards of New York-Presbyterian Brooklyn Methodist Hospital, The Prospect Park Alliance and Green-Wood, a National Historic Landmark. Copyright 2023 Editor & Publisher Magazine newspaper & News Publishing Industry News the! I hope you will do the same . Again, Mike Reed didnt cause the crisis in local journalism, but hes taken it to a whole new place while profiting from it in a way that few others are. Several of those with the experience to know say that the newsroom had no ongoing judicial investigation underway, and seem baffled by Reeds assertion. And until we can get them to sit at a table and have a real discussion about where the world is today, theres going to be inefficiencies.. Gannett will be reporting executive compensation for 2022 in the coming weeks. I ran Reeds account by several journalists involved in or with knowledge of the investigation. Rising tide lifts all boats. He was formerly the President and Chief Executive Officer of Community Newspaper Holdings, Inc. (CNHI), a leading publisher of local news and information, and had served in that capacity since 1999. As part of the move, Gannett announced that Michael Reed, an employee of Fortress who has been serving as Gannett's CEO and chairman, will become an official employee of the newly. A sign for the Las Vegas Review-Journal. An old columnist named Gene Graham was my inspiration to get into the news business, so I hope the Tennessean continues to thrive. Completely unfair statement. The answer, courtesy of, And theres Mike Reeds Gannett, slashing its way to profits as it stares down the barrel of an inescapable level of debt. The company is groaning under more than a billion dollars in debt from the sale, debt that had an initial interest rate north of 11 percent. Thats Mike Reed. If I had a shitty track record, I wouldnt say that.. Previously, Mike served as President and Chief Executive Officer of Community Newspaper Holdings, Inc., CNHI, a leading publisher of local news and information, following a term as the company's Chief . Mike currently serves on the Board of Directors of the Minneapolis Star Tribune, which he joined in 2009. There are 10 older and 6 younger executives at Gannett Co. Support responsible news and fact-based information today! As the R-J later described the work on Dec. 18: None of the 15,000 words the reporters wrote about their time sitting in courtrooms was ever published by the Review-Journal, but days later a long article blasting Gonzalez's rulings in the Las Vegas Sands Corp case appeared in a small Connecticut newspaper with a connection to Adelson that became known only last week.. Good guy, people say, so lets go with that. Nearly two years and several extraordinary measures later, they identified 33 of the 43 people who had set off from West Africa. Pagans Motorcycle Club Initiation, 3, The NewsGuild, an affiliate of the left-wing Communications Workers of America labor union, has been critical of Reeds practice of purchasing newspapers, centralizing the editorial process, and reducing jobs to increase profits. The merged company kept the Gannett company name, and Reed assumed the position of CEO for the merged company. Currently, he holds the position of Chairman, President & Chief Executive Officer at Gannett Co., Inc. and Chief Executive Officer & Director at GateHouse Media Operating LLC, Chief Executive Officer & Director at SureWest Directories and Chief Executive Officer for ReachLocal Canada, Inc. (which are all subsidiaries of Gannett Co., Inc.) and President for Baxter County Newspapers, Inc. Its hardly the only remnant.