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…
Tag Archive for United Media Guild
Japanese tycoon buys Journal Star
by Clare Howard • • 0 Comments
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,…
GateHouse to Peoria Newsroom: You don’t deserve your salary
by Clare Howard • • 8 Comments
Peoria Journal Star newsroom employees are paid twice what they deserve, a representative of the paper’s owner, GateHouse Media (New Media), told the union in Springfield during negotiations there recently with journalists at the Springfield State Journal-Register. Union employees at…