Tag Archive for New Media Investment Group

PJS business strategy

Several recent reports on Journal Star corporate owner GateHouse Media (New Media Investment Group) explain the company’s aggressive newspaper acquisition strategy as a marketing plan to beef up revenues while cutting journalism. Ken Doctor writes in Nieman Lab, Nieman Foundation…

Japanese tycoon buys Journal Star

BY CLARE HOWARD Peoria’s only daily newspaper, once family owned, was purchased by a privately held Japanese conglomerate aiming to become a global telecommunications leader. The sale is expected to close by year-end. SoftBank, owned by Japanese billionaire Masayoshi Son,…