Voters say they see the election as a way to send Biden a message. The company reported a more-than-50-percent drop in both net income and earnings-per-share for 2016. Washington Post American daily newspaper published out of Washington D.C. since 1877. 17, Wesley R. Edens, a former partner and managing director at the investment firm Lehman Brothers, is chairman of the board of New Media, and a principle at Fortress Investment Group, an affiliate of the firm that manages New Media. For investors, that can be expensive, as those biases can cause performance to suffer. To finance the deal, New Media is borrowing $1.8 billion from private equity firm Apollo Global Management. For an hour, everything appeared in real-time text via a closed captioning system set up at the After decades of declining trust in government, political parties, and traditional politics, do Americans feel they have a stake in our democracy and its future? For commercial use, or to request this data as a CSV or JSON file, contact us. Conversely, moderate and conservative Democrats are more than twice as likely as liberal Democrats to trust Fox News (32% vs. 12%). Nieman Journalism Lab. Heres what you need to know, Rana Plaza tragedy in 2013 a wake-up call for consumers. All rights reserved. Labors primary vote held steady at 34 per cent over the past two weeks while Mr Albanese has narrowed the gap as preferred prime minister. It conducts public opinion polling, demographic research, media content analysis and other empirical social science research. Republicans and Democrats who get political and election news only from outlets with like-minded audiences are more likely to be conservative and liberal, respectively, than others in their parties. Even if you're still deciding how you're going to vote next Election Day, you could already be taking political sides with your investments. There is also evidence that suggests that these partisan divides have grown over the past five years, particularly with more Republicans voicing distrust in a number of sources. Media Bias | AllSides Arthur said. That includes 40 jobs cut at the Providence Journal, a paper GateHouse bought from Belo in 2014. 25 This division produced $95.8 million in revenue for 2018, an increase of 34.4 percent over 2017. new metro-oriented change Knight-Lenfest grant, the GateHouse method works in the short-term, Nieman Foundation for Journalism at Harvard University. New Media shareholders would own 50.5% of the combined company, while Gannett stockholderswould own 49.5%. That can also be costly for individual investors, according to the research. Minor parties again were looking strong with the Greens increasing its primary vote from 11 to 15 per cent while Pauline Hansons One Nation and Clive Palmers United Australia Party rose from 4 to 5 per cent each. Institutional and mutual fund shareholders, including Vanguard, T. Rowe Price, Wells Fargo, and Black Rock Fund own at least 70 percent of the company. The reality of the Fortress sale, though, is both less sensational and more impactful. While money and politics have always . Even accounting for the modest methodological differences between the two studies, these differences hold. 14 As of April 2019 there were six states that each contained ten or more daily newspapers produced by GateHouse: Florida (12 GateHouse dailies), Illinois (14), Kansas (10), Missouri (10), North Carolina (11) and Ohio (10). Copyright 2023 The New Daily. 11 12 As GateHouse's parent company, New The answer, of course, isnt singular. Those add to its impressive reach: 19 million people through 564 community print publications, 489 websites, 476 mobile sites. The AllSides Media Bias Chart helps you to easily identify different perspectives and political leanings in the news so you can get the full picture and think for yourself. Democrats report much higher levels of trust in a number of news sources than Republicans, The impact of political ideology on Americans trust in news outlets, 1. Mutual funds are caught in the middle of one of the most contentious issues in American politics: Spending by big business to gain influence in Washington. A half-hour's drive from where the modern oil and gas industry was born, a new power plant provides a glimpse into one possible future for fossil fuels. 1 It is owned by New Media Investment Group,and as of 2019 was publishing 146 daily newspapers with a combined paid circulation of 1.6 million. Word of an overall 4.6 percent budget cut across the chain is rifling through company. Of the 30 media outlets studied, 17 were found to have left-leaning audiences, ranging from MSNBC and CNN to Politico and PBS. He said the PBS was another of the great Australian institutions established by Labor and proof of his partys commitment to universal health care. 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. More importantly, though, for the story of flagging local American journalism in a time of great societal stress, its a triumph of capital over community. Democrats in a left-leaning audience news bubble are more likely to be female and to have graduated from college than Republicans in a right-leaning audience news bubble. Though its outdated site leaves out acquisitions made years ago, the company now owns more than 130 dailies. Founded in 2020, 19fortyfive.com or 1945 is a conservative-leaning website that focuses on defense and USA foreign policy news and analysis. Lets be clear: Management determines how much journalism their journalism companies actually produce. Bei der Nutzung unserer Websites und Apps verwenden wir, unsere Websites und Apps fr Sie bereitzustellen, Nutzer zu authentifizieren, Sicherheitsmanahmen anzuwenden und Spam und Missbrauch zu verhindern, und, Ihre Nutzung unserer Websites und Apps zu messen, personalisierte Werbung und Inhalte auf der Grundlage von Interessenprofilen anzuzeigen, die Effektivitt von personalisierten Anzeigen und Inhalten zu messen, sowie, unsere Produkte und Dienstleistungen zu entwickeln und zu verbessern. All in all, its not that partisans live in entirely separate media bubbles when it comes to political news. New York Times CEO Mark Thompson sparred with Trump on his year-end call, but Newtons point is right on: There are CEOs of major media companies (and companies that own media companies) employing many tens of thousands of workers who are being called dishonest. On April 13, 2019, the paper posted his column criticizing the elite media for turning journalism into liberal activism with what he alleged was biased coverage regarding the investigations into the interventions into the 2016 election process by Russian military intelligence and other stories involving accusations against right-of-center figures. Will they stand up for our Inflation is the top issue for voters, who expressed pessimism about the economy. All Rights Reserved. Indeed, the data reveals that while 24% of Republicans got news from CNN in the past week, roughly four-in-ten who did (39%) say they distrust the outlet. GateHouse Media - InfluenceWatch - InfluenceWatch Thats a better performance than its peers. Generic Ballot The study asked about use of, trust in, and distrust of 30 different news sources for political and election news. Doctor, Ken. New Media Investment Group Inc. (NYSE: NEWM) supports small to mid-size communities by providing locally-focused print and digital content to its consumers and premier marketing and. One factor is that getting news from a source does not always mean trusting that source. (Details about the two studies can be found in the methodology.). 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. Some SEC filings can help us find some clarity. Only seven outlets generate more trust than distrust among Republicans including Fox News and the talk radio programs of hosts Sean Hannity and Rush Limbaugh. About two-thirds (65%) of Republicans and Republican leaners say they trust Fox News as a source. 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. New Media, with assets of $1.3 billion, is a relative pimple on the body Fortress' $70 billion in asset management. Michael Reed, also with professional experience managing in the newspaper industry, is the CEO of New Media and was previously the CEO of GateHouse. Nieman Journalism Lab. The research looked at the managers of 1,298 actively managed mutual funds, as well as executives of 16,655 companies. We are a non-partisan, non-factional publication. Get The New Daily free every morning and evening. Recruiting our panelists by phone or mail ensures that nearly all U.S. adults have a chance of selection. Clear age and education differences also emerge between the two groups in ways that create greater gaps than in the parties overall. (Tronc stands at about $500 million, Lee Enterprises at $145 million, A.H. Belo at $135 million, and McClatchy at $89 million.) Shareholders of USA TODAY owner Gannett andNew Media Investment Group are poised to determine whether the two companieswill combinein a deal that would reshape the media landscape amid a tumultuous transition from print to digital. Why Fidelity and Vanguard are afraid of politics - MarketWatch Based on this data, researchers calculated the political composition of each sources audience. While Progressive Left largely backed candidates other than Biden during the 2020 Democratic primaries, they overwhelmingly voted for him in the general . In a separate survey conducted by Resolve Strategic for the The Sydney Morning Herald and The Age, support for the Coalition fell from 35 to 33 per cent and support for Mr Morrisons personal performance was also down. You may still be deciding who to back on Election Day, yet your investments may have already cast a vote. "Newsonomics: Softbank, Fortress, Trump and the real story of Gatehouses boundless ambition." President Biden walked on stage in the dark of the Howard Theatre and declared the coming midterms, then just three weeks away, "the most consequential election in our history." On Thursday, stockholdersof each companywill vote on the proposal for New Media to acquire Gannett. For Democrats, the numbers are almost reversed. https://www.bizjournals.com/boston/news/2019/03/20/GateHouse-media-s-second-in-command-departs-as-coo.html, http://www.GateHousemedia.com/our-markets/, https://www.usatoday.com/story/money/2019/08/05/gannett-gatehouse-media-new-media-investment-group/1902550001/, https://www.niemanlab.org/2018/06/newsonomics-GateHouse-media-thinks-services-for-small-local-businesses-can-help-replace-long-gone-advertising, https://www.thedestinlog.com/news/20190413/thompson-russiagate-latest-in-elite-medias-attempts-to-turn-journalism-into-liberal-activism, https://www.cjonline.com/opinion/20190212/editorial-senate-leader-leading-kansas-down-wrong-path, https://www.fec.gov/data/receipts/individual-contributions/?two_year_transaction_period=2016&min_date=01%2F01%2F2015&max_date=12%2F31%2F2016&contributor_name=Wesley+Edens, http://www.newmediainv.com/about-us/#board, https://www.wsj.com/articles/GateHouse-files-for-chapter-11-bankruptcy-protection-1380304281, http://www.GateHousemedia.com/about-us/executive-leadership/, http://ir.newmediainv.com/Cache/1500117714.PDF?O=PDF&T=&Y=&D=&FID=1500117714&iid=4426551, http://www.newmediainv.com/commercial-services/#1458536315895-5cd1dbef-c03f, https://www.niemanlab.org/2018/06/newsonomics-GateHouses-mike-reed-talks-about-rolling-up-americas-news-industry/, http://www.newmediainv.com/commercial-services/#1458535912312-d3e83724-f7bf, https://www.theledger.com/opinion/20190404/editorial-gun-bills-overlook-that-guns-are-sometimes-needed, https://www.cjonline.com/opinion/20190318/editorial-house-education-bill-going-wrong-way, https://www.newstribune.info/news/20180724/from-editors-desk-yes-there-has-been-slant?template=ampart, http://newsguild.org/mediaguild3/workers-at-gatehouse-publications-win-stunning-victory-at-shareholders-meeting/, https://www.texasmonthly.com/news/new-mediagatehouse-buys-the-statesman/, https://www.wsj.com/articles/sheldon-adelson-behind-purchase-of-lvrj-1450319641. Inaddition to USA TODAY, Gannett owns 109 local media properties operated as the USA TODAY Network, including the Arizona Republic, Detroit Free Press, Milwaukee Journal Sentinel and Indianapolis Star. For those searching out nefarious conspiracy in the news media ownership world, this initial GateHouse conspiracy story may be a disappointment. We use multipartisan analysis to reflect the average view of Americans. After relentlessly teasing the possibility for the better part of two years, and in the wake of a historically poor midterm performance by Republicans, Donald Trump finally launched his third As the saying goes, the definition of insanity is doing the same thing again and again and expecting a different result. Its dailies like GateHouses most of them in smaller cities of the country that now demand new scrutiny out of this election. watch now VIDEO 3:02 03:02 Web. 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. Doctor, Ken. Only eight generate more distrust than trust including Fox News, Sean Hannity and Rush Limbaugh. Among all Republicans, the share with a college degree increases to 29%, while among all Democrats the percentage of college grads drops to 37%. This initiative is a collaborative effort based on the input and analysis of a number of individuals and experts at Pew Research Center. Over the weekend, Knight Foundation veteran Eric Newton asked a profound question on Twitter: Have news media CEOs said anything about a president who loudly accuses their people and companies of dishonesty?. When Adelsons role in the purchase was revealed, the newspapers editorial board published an opinion piece alleging the secrecy surrounding the sale damaged the newspapers ability to demand transparency from others. New Media had owned the Review-Journal for less than a year and estimated the quick turnaround and sale to Adelson would reap a 69 percent annualized profit. Patriot Ledger. 23, New Media Investment Group owns and GateHouse manages the Austin American-Statesman, the Columbus Dispatch, and The Oklahoman, among other prominent publications. Tuesdays headline: Robotics and tech firm SoftBank Japan purchases newspaper company GateHouse Media. Join the 60,000 who get the freshest future-of-journalism news in our daily email. Far Left U.S. Media Polarization and the 2020 Election: A Nation Divided | accessdate = 2 May 2023 79, No. 6:20am, May 2. Biden Job Approval Its the inherent instability in the space that makes it so fascinating to many researchers., The very idea of collectively tuning in to history as it happens has been altered, as the profusion of channels and platforms now funnels audience members into self-segregated affinity groups where messages are shaped more for confirmation than enlightenment., Help advance the Nieman Foundations mission to promote and elevate the standards of journalism, 2023 by the President and Fellows of Harvard College.
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