Contact Email info@calkins.com. New Media Investment Group, Inc. is a development stage company. New Residential Investment Corp. (NYSE: NRZ) is a publicly traded real estate investment trust (“REIT”) that focuses on investing in, and actively managing, investments primarily related to residential real estate. EBay will sell its South Korean business to retailer Shinsegae Group and e-commerce firm Naver for about 4 trillion won ($3.6 billion), local newspapers reported on Wednesday. The combination of McLean, Va.-based Gannett and GateHouse Media, based in Pittsford, N.Y., will create a conglomerate that will own more than 250 daily newspapers and hundreds of weekly and community papers. In 2018, Fortress Investment Group (owned by Japanese Softbank), owned 150 newspapers in the United States through its media arm Gatehouse Media (Fuller, 2018). 42,000 dwelling units) Apartment Land Owned or Controlled (development potential) 400 acres. It is o New Media Investment Group owns and GateHouse manages the Austin American-Statesman, the Columbus Dispatch, and The Oklahoman, among other prominent publications. Gatehouse, a subsidiary of New York-based New Media Investment Group Inc., has more than 140 daily newspapers. Another is the struggling New York Daily News, owned by real estate tycoon Mort Zuckerman. Cox Enterprises , owned by the billionaire Cox family, … Management of the then Univision-owned company refused to voluntarily recognize the … New Media Investment Group is expected to report earnings on July 26th, 2018. Fortress is owned by SoftBank, a Japanese conglomerate. Who Owns Mainstream Media Newspapers? Before agreeing in August to buy The Florida Times-Union and other newspapers owned by Morris Publishing Group, New Media Investment Group Inc. had been pursuing the company for several years, according to its CEO. https://www.newresi.com. By 2014, six of the 10 largest newspaper owners, measured by their number of newspapers, were investment entities: Liberty Group Publishing, purchased by Fortress Investment Group in 2005, morphed into New Media/GateHouse and became the largest chain, with 379 newspapers. and Sustainability in Local Media, 2018). But by 2017, the grandchildren who were running the empire wanted out, and they sold the Times along with four other local newspapers for $17.5 million to New Media Investment Group, a New … New Media Investment Group and Gannett finalized their merger Tuesday, putting top executives in position to move ahead with plans they believe will transform the new company's … ... the media agency rolled out its responsible investment … And that number is an understatement. According to advocacy group Free Press, these are the major publicly traded newspaper companies with the highest revenue and number of daily papers: Gannett Co. Inc. Tribune Media Company; Digital First Media (owned by Alden Global Capital) New Media Investment Group; The McClatchy Company; Advance Publications Phone Number (215)949-4011. Nexstar Media Group, Inc. is an American publicly traded media company with headquarter offices in Irving, Texas, New York City, and Chicago. Omnicom Media Group … New Media Investment Group Inc. completed its purchase Friday of Halifax Media Group, which owned The Ledger and 35 other newspapers across the country. New Media Investment Group (NYSE: NEWM) is a recent local newspaper/media spinoff of Newcastle Investment Corp (NYSE: NCT). In the union of the two largest U.S newspaper chains, the Gannett name is the one that survived. Umbrella Investment Group, LLC filed as a Domestic in the State of California on Tuesday, January 8, 2013 and is approximately eight years old, according to public records filed with California Secretary of State. The Solanna Group is a Native American family-owned real estate investment firm that controls over 125 acres in Akimel 7 and is the sponsor of the … Vice Media’s value reportedly halved to less than $3B in SPAC deal. ft. The industry may be facing another dramatic drop off in ownership diversity as the two largest players, New Media Investment Group and Gannett, are on the path to merging. For years, Chinese authorities have aimed to control broadcasting platforms and build a sympathetic network in the foreign media, a rights group … Apartments Owned and Managed* Approx. “We deal with mass advertisers who have to move vast quantities of product,” says David Cohen, president of Magna Global U.S., the large media-investment operation owned by Interpublic Group. GroupM | 303,492 followers on LinkedIn. By: Rick Edmonds. EBay Korea is the country’s third-largest e-commerce firm with market share of about 12.8% in 2020, according to Euromonitor. OLSHAN FROME WOLOSKY LLP. We generate measurable return on investment and emotion for our clients by telling stories that matter | New Media offers world-class editorial, design, human insights and tech, which translates to the most powerful content marketing solutions available in South Africa – with proven return on investment. Omnicom Media Group makes its move in minority media, launching a diverse creators’ network. Fortress Investment Group LLC is a leading, highly diversified global investment manager with approximately $53.1 billion (1) of assets under management as of March 31, 2021. By Jeanine Poggi. New Media Investment Group. The action refinances the rest of the loan that backed the merger of GateHouse Media parent New Media Investment Group and the company called Gannett in 2019. newsandtech.com Gannett refinances $1 billion in debt Country/Territory United States. The large investment-owned newspapers chains are often part of a larger portfolios of assets held by public or private equity-based firms or hedge and pension funds. Morris Communications has owned the newspaper and associated media since 1960. (Bloomberg) -- AT&T Inc. is preparing to spin off its media business and merge it with Discovery Inc. in a tax-friendly deal, according to people with knowledge of the matter, a … The paper is owned by New Media Investment Group AKA GateHouse Media, which is externally managed and advised by an affiliate of Fortress Investment Group LLC. Sponsored. China Expands Media Influence Abroad. It operates the platforms Gmarket, Auction and G9. It emerged from Chapter 11 in November under new ownership by New Media Investment Group. Founded Date 1937. GateHouse, a division of New Media Investment Group, is one of the largest publishers of locally based media in the United States, publishing … As of the end of 2018 New Media employed 10,638 employees and reported total … In the age of new media and entertainment platforms, Corra Group offers global due diligence and corporate research background checks to companies seeking investment and mergers and acquisitions. New Media Investment Group CEO Michael Reed will remain CEO, and Paul Bascobert was appointed CEO of Gannett and a member of the Gannett board. Ivy Liu. A newspaper industry mega deal in which New Media Investment Group, the owner of The Daytona Beach News-Journal, plans to buy USA Today parent … Apply to Real Estate Associate, Real Estate Manager, Analyst and more! | GroupM is the world’s leading media investment company responsible for more than $60B in annual media investment through agencies Mindshare, MediaCom, Wavemaker, Essence and m/SIX, as well as the outcomes-driven programmatic audience company, Xaxis. Tribune CEO Terry Jimenez was lone voice voting against Alden takeover By Julie Reynolds Alden Global Capital is aggressively undermining an effort by a Maryland hotel magnate to buy Tribune Publishing and possibly make its papers nonprofit charities, a new…. The New Media/Gatehouse newspapers, for example, are a subsidiary of Fortress, which is owned by Japanese telecommunications conglomerate, the Softbank Group. Company Type For Profit. ... Was in New … The new company is called Thompson-Reuters. Top Investor Types Venture Capital , Angel Group , Corporate Venture Capital , Incubator , Investment Bank. STEVE WOLOSKY, ESQ. MNG ENTERPRISES, INC. 101 W. Colfax Avenue. GateHouse Media is the largest publisher of daily newspapers in the United States, as measured by number of distinct publications. The next chapter, “The Rise of New Media Baron,” documents how and why investment entities have assembled large chains of newspapers in recent years, growing to such prominence in the industry. Gannett, publisher of USA Today, was bought by New Media Investment Group, the parent company of GateHouse Media, in 2019 with financing … Son Suk-ku of SBD Entertainment headlines alongside Ma Dong-seok in THE OUTLAWS 2, a sequel to the 2017 box office hit THE OUTLAWS, also directed by Kang Yoon-sung ; Group’s subsidiary, Novus Mediacorp, was the co-presenter of THE OUTLAWS which was the all-time #1 film in VOD sales in Korea, breaking the historic record five times faster than Disney’s FROZEN The top executive at the biggest U.S. newspaper chain sought to calm fears of massive newsroom layoffs as New Media Investment Group Inc. closed its … New Media Investment Group is owned by SoftBank Group Corp. of Japan. I've been a bear on New Media Investment Group for some time.My core reason for being skeptical of - and, on occasion, short - the stock is that … New Media … Freeman's hedge fund owns a majority stake in Media News Group, formerly known as Digital First Media, a collection of local news sources like The … The sale includes The Dispatch, owned … GateHouse is owned by New Media Investment Group (NYSE: NEWM), which is in turn managed by an affiliate of Fortress (NYSE: FIG). Fortress, in turn, is owned … ... GateHouse Media is a division of New Media Investment Group, a publicly traded company (NEWM) on the New … Umbrella Investment Group, LLC Overview. Alden is undermining a Baltimore philanthropist’s higher bid for Tribune Publishing. SecurityNEWM / New Media Investment Group Inc. (64704V106)CEO of Gannett Media Corp.BASCOBERT PAUL JISINUS64704V1061 Gannett Co., Inc. owns USA Today and over 250 dailies. Fortress Investment Group LLC is contracted to manage and advise New Media Investments Inc., which owns GateHouse Media, the parent company of The Palm Beach Post. Another is the struggling New York Daily News, owned by real estate tycoon Mort Zuckerman. EBay will sell its South Korean business to retailer Shinsegae Group and e-commerce firm Naver for about 4 trillion won ($3.6 billion), local newspapers reported on Wednesday. None of these media types are new, but what is new is the increasing prominence given to owned and earned media while paid media has always dominated in the past. The parent company of GateHouse is New Media Investment Group Inc., which is based in New York City and managed by the hedge fund Fortress Investment Group LLC. The … New Media Investment Group Inc. (Name of Issuer) Common Stock, $0.01 par value per share (Title of Class of Securities) 64704V106 (CUSIP Number) MARSHALL ANSTANDIG. Bulkley Capital represented Dispatch Printing Company, a family-owned publisher of The Columbus Dispatch, 24 suburban weekly newspapers and 7 magazines, in its sale to New Media Investment Group (NYSE:NEWM). As general partners, the spouses control the partnership that owns the corporation, which in turn owns the assets. Indirectly, the spouses control the assets, but do not personally own the assets or the shares of the corporation that owns the assets. Founded 2013. We seek to build trusted local communities where people thrive. A significant share of the world’s media is owned by national governments. Photo Credit: orcearo. The Root is currently owned by the G/O Media Group. It takes some research to try seeing all the way to the top, looking first to see that private equity firm Fortress Investment Group owned New Media and … Advertising giant GroupM has announced the launch of a new Media Inclusion Initiative designed to support Black-owned media companies and creators. New Media | 8,711 followers on LinkedIn. New Media is run by Fortress Investment Group, which is owned by Japan's SoftBank Group Corp 9984.T, and has built the largest chain of local U.S. papers, including 156 dailies from the … The Journal’s circulation is about 72,000 on weekdays and 96,000 on Sundays, according to New Media… The combined company has adopted the name Gannett Co. and trades on the New York Stock Exchange under the ticker GCI. On November 19, 2019, the paper became part of Gannett when New Media bought Gannett and merged it with GateHouse under the Gannett name. UpCurve, Inc. is a wholly owned subsidiary of New Media Investment Group Inc. The reality is simpler. GroupM is the world’s leading media investment company responsible for more than $60B in annual media investment through agencies Mindshare, MediaCom, Wavemaker, Essence and m/SIX, as well as the outcomes-driven programmatic audience company, Xaxis. As a modern media company, we foster deep and vital connections among our communities and the world around them. Phoenix New Media is not owned by hedge funds. GateHouse's parent company, New Media Investment Group Inc., said in a written statement Wednesday that it would spend $120 million on the newspapers and related assets. New Media Investment Group has acquired Morris Publishing Group, whose portfolio includes the Augusta Chronicle, the … jostrowski@pbpost.com @bio561 Hedge fund manager executive John Henry is … View New Media Investment Group's earnings history. Fortress is owned by the Japanese conglomerate Softbank. New Media Investment Group (NYSE: NEWM) has completed its acquisition of Gannett (NYSE: GCI ), building a print/digital news juggernaut. It is owned by the publicly traded New Media Investment Group, itself managed by investment firm Fortress Investment Group, which is in turn owned by … New York-based New Media reported the Times-Union is the largest of the 11 dailies it will buy from Morris with a daily circulation of 44,750 and Sunday circulation of 68,591. New York (April 6, 2021) — GroupM, WPP’s media investment group, today announced its “Responsible Investment” buying framework. Fortress manages three publicly traded permanent capital vehicles as part of the Private Equity business. Reuters was previously owned by the Rothschild banking family. The 2020 MLB season was the first in which MLB began letting teams sell their own local streaming rights. It is a sleek online news platform that was founded in 2014 by the state-owned Shanghai United Media Group with an initial funding of 300-400 million yuan ($44.6-$59.5 million). The Vanguard Group, Inc. is an American registered investment advisor based in Malvern, Pennsylvania with about $7 trillion in global assets under management, as of January 13, 2021. Today, its parent company, New Media Investment Group Inc., says it owns 575 publications in 32 states. It is owned by the publicly traded New Media Investment Group, itself managed by investment firm Fortress Investment Group, which is in turn owned … 31 $3.2+ billion in LTM Revenue $415+ He is associate professor at the Institute of Communications Research at the University of Illinois, Urbana-Champaign. And then, last week, it was announced that "New Media Investment Group" had sold the newspaper to News + Media Capital Group LLC, for $140 million. The nation’s largest newspaper chain is owned by New Media Investment Group Inc., which is managed by Fortress. The founders of the Lebashe Investment Group, Tshepo Mahloele, Jabu Moleketi and Warren Wheatley, took their first steps towards becoming media moguls on … August 9, 2017. It is owned by the publicly traded New Media Investment Group, itself managed by investment firm Fortress Investment Group, which is in turn owned by … The deal calls for GateHouse parent New Media Investment Group to purchase McLean-based Gannett for $12.06 in cash and stock per share. Another private-equity investor, Alden Global Capital, is the majority owner of Digital First Media which has 60 US newspaper titles. Other notable deals in the last quarter of 2011 included a $38 million investment in Martha Stewart Living Omnimedia by J.C. Penney; Hearst Corporation’s acquisition of Hachette China, the regional publishing operation owned by Hachette Filipacchi Medias Group; and Meredith’s acquisition of Everyday with Rachel Ray from Reader’s Digest. The deal follows the sale of Calkins Media’s southern TV stations earlier this year and rumors of the company shopping property it owns, including a rarely used portion of its Tullytown headquarters property. New Media Investment Group Inc. agreed to acquire Gannett Co. in a $1.38 billion deal that unites the two biggest U.S. daily newspaper chains in an industry that’s consolidating to survive. It operates the platforms Gmarket, Auction and G9. Shareholders cleared the way Thursday for New Media Investment Group and USA TODAY owner Gannett to join forces in a deal that will create the largest U.S. media company by … The Akron Beacon Journal has been purchased by Gatehouse Media for an undisclosed amount. Published on May 10, 2021. GateHouse’s parent, New Media Investment Group, will purchase Gannett for $12.06 in cash and stock per share, or about $1.4 billion. The Dispatch Broadcast Group is selling its television and radio stations, including WBNS-TV (Channel 10) and WBNS AM and FM, to TEGNA Inc. Gannett and GateHouse said Monday that Fortress will end … In August 2019, American investment firm KKR purchased the largest stake in Axel Springer SE, a German media group whose assets include Business Insider and Rolling Stone. Investment bank LionTree is working with Sinclair to raise the funds needed to launch its new platform, which Sinclair hopes to launch in time for next year’s baseball season. It is the largest provider of mutual funds and the second-largest provider of exchange-traded funds (ETFs) in the world after BlackRock's iShares. New Media Investment Group’s operator, Fortress Investment Group, is owned by Japanese conglomerate SoftBank, which is known for its investments in … NYSE:FENG Earnings and Revenue Growth March 17th 2021. DAYTONA BEACH — New Media Investment Group Inc. completed its purchase Friday of Halifax Media Group, which owned The Daytona Beach News-Journal and 35 other newspapers across the country. Learn More D&B Reports Available for Umbrella Investment Group, LLC. Headquarters New York, New York. In November 2019, New Media Investment Group (which owns the legacy GateHouse Media assets) purchased Gannett, changing the name of the combined company to Gannett Co., Inc. and keeping the GCI stock ticker. Operating Status Active. Since 2003, Soros has spent more than $48 million funding media properties, including the infrastructure of news - journalism schools, investigative journalism and even industry organizations. New Media Announces Agreement to Acquire Calkins Media Incorporated for $17.5 Million June 19, 2017 06:50 AM Eastern Daylight Time NEW YORK--( BUSINESS WIRE )--New Media Investment Group Inc. Seven large investment entities — five of which had not existed in 2004 — owned the other half. The FCC held a meeting with private equity firm Apollo Global Management this week to ask questions about its agreement to finance New Media Investment’s planned purchase of Gannett. It is owned by the publicly traded New Media Investment Group, itself managed by investment firm Fortress Investment Group, which is in turn owned by Japanese tech giant SoftBank. View the latest New Media Investment Group Inc. Wt (NWDVW) stock price, news, historical charts, analyst ratings and financial information from WSJ. New Media Investment Group had a negative net margin of 0.73% and a positive trailing twelve-month return on equity of 0.17%. Foreign investment in print media is not restricted, and foreign companies are estimated to be involved in 40% of the country’s publications, and own about 75% of distributed circulation. The Vanguard Group, Inc. is an American registered investment advisor based in Malvern, Pennsylvania with about $7 trillion in global assets under management, as of January 13, 2021. They sold Reuters to the Thompson family in 2008. Liberty Group Publishing was formed in 1998 when Kenneth L. Serota, a former Hollinger International attorney with backing from Leonard Green & Partners bought 160 community newspapers from Hollinger. Please visit UpCurve.com for the latest news about UpCurve, Inc. and its brands. It is owned by the publicly traded New Media Investment Group, which is managed by investment firm Fortress Investment Group. Effective November 20, 2019, following the completion of its merger with Gannett, New Media Investment Group Inc. trades on the New York Stock Exchange under Gannett Co., Inc. and its ticker symbol has changed to “GCI”. This list of startups in the digital media space provides data on their funding history, investment activities, and acquisition trends. 2019-08-06 businessinsider.com – New Media Investment Group, the parent company to GateHouse, and Gannett — the two largest newspaper chains in the US — officially announced a merger on Monday. The Jordan Edmiston Group, media investment bankers, invited the leaders of established and emerging companies in publishing and marketing to sit down together. AWS Rolls Out New Media Intelligence Solutions ... a French free-to-air television channel owned by TF1 Group. In two years, it has made 12 acquisitions for $640 million and now has 124 daily papers, the most owned … GroupM is the latest agency to unveil efforts tied to helping to grow and support diverse and Black-owned media companies. New Media had no operations until November 26, 2013, when it assumed control of GateHouse Media, Inc. ("GateHouse") and Local Media Group Holdings LLC. New Media Investment Group, which operates under its GateHouse Media subsidiary, is expected to close next Tuesday on its acquisition of USA Today parent Gannett Co. … New Media Investment Group is in turn owned by another private equity firm, Fortress Investment Group. BridgeTower Media is the business-to-business division of New Media with products in more than 20 markets in the U.S. Headquarters Regions Greater Philadelphia Area, Great Lakes, Northeastern US. On Thursday, GateHouse Media parent company New Media Investment Group received approval from shareholders to acquire Gannett in a cash-and-stock deal worth roughly $1.13 billion. GroupM is forming the Media Inclusion Initiative to grow and support a diverse range of Black-owned media companies and creators around the world, the latest foray by the WPP media group… Top Funding Types Seed , Series A , Angel , Pre-Seed , Series B. The business's revenue for the quarter was down 1.0% compared to the same quarter last year. It is the largest provider of mutual funds and the second-largest provider of exchange-traded funds (ETFs) in the world after BlackRock's iShares. So the company’s purchase in March of the Review-Journal and related holdings seemed routine. Investment in media is frequently grouped into the 3 media 'buckets' of earned, shared and paid which each give opportunities to influence customers. As an award-winning news organization, we inform and empower our communities. As the new Gannett, we exist to make communities stronger. A ccording to niemanlab.org SoftBank, a Japanese company had taken control of New Media Investment Group, a.k.a. 11,000 units: Investment Property Owned and Managed: More than 6,000,000 sq. Shareholders from … Circulation estimate: 40,000. New Media is managed by the New York investment management firm Fortress Investment Group through an affiliate. Residential Land Owned or Controlled (development potential) 10,500 acres (approx. New Media was capitalized by and issued 1,000 common shares to Newcastle Investment Corp. (“Newcastle”). Phoenix Media Investment (Holdings) Limited is currently the company's largest shareholder with 54% of shares outstanding. NEW YORK, April 12, 2021 /PRNewswire/ -- GroupM, WPP's media investment group, today announced its "Responsible Investment" buying framework. GateHouse parent New Media Investment Group has completed its $1.2 billion cash-and-stock buy of Gannett, the companies announced Nov. 19. During the same quarter in the previous year, the firm earned ($0.10) EPS. The new Gannett’s new corporate structure looks strikingly similar to New Media Investment Group/Gatehouse’s current one, and for a good reason: Fortress Investment Group, which bred the big Gatehouse, remains in the driver’s seat of the new Gannett. With such a huge stake in the ownership, we infer that they have significant control of the future of the company. Cox Family - Atlanta Journal-Constitution. Those rights for all 30 teams were previously owned by the league. Bloomberg Businessweek helps global leaders stay ahead with insights and in-depth analysis on the people, companies, events, and trends shaping today's complex, global economy The Dispatch Printing Company has reached an agreement to sell its print publications to the New Media Investment Group Inc., based in New York, N.Y. A supermajority of 70 editorial employees at the progressive news site Fusion vote to unionize with the Writers Guild of America, East. This article is adapted from Robert W. McChesney's book Rich Media, Poor Democracy (Illinois). Media Bias Fact Check Review of Just Facts Daily as of 5/2/2017 RIGHT-CENTER BIAS These media sources are slightly to moderately conservative in bias. Fortress was the entity that controlled New Media Investment Group, the parent of GateHouse Media. Headquartered in Downers Grove, Illinois, Liberty then expanded the network increasing the total newspapers to 330 by 2000. MIG and its affiliates MIG Tech Advisors VIII LLC and Mooncrest Capital are investment entities with distinct expertise in technology, social networking, digital media, gaming, mobile, location, cloud, consumer … Overview. AMC THEATRESOwner: Dalian Wanda Group Wanda, a real estate and entertainment conglomerate owned by China’s richest man, Wang Jianlin, made its … HISTORY Founded in 1998, Media Investment Group, "MIG", is an investment, consulting and management services firm that focuses on technology, media and content companies. Pending approval, the … The WPP-owned media … That appears to be a large circulation decline from last year. The New Global Media It's a Small World of Big Conglomerates By Robert W. McChesney, The Nation, 29 November 1999. June 4, 2021 by Michael Bürgi. GateHouse Media (owned by New Media Investment Group) announced the purchase of Gannett for $1.38 billion on Monday. The … Apollo Global Management funded the acquisition with a $1.792 billion loan. Faced with problems, it downsized to 270 by June 2005. It was formed as a result of Fortress/Newcastle's ownership in GateHouse Media debt prior to a prepackaged bankruptcy and their purchase of Dow Jones Local Media Group from News Corp in September 2013. GateHouse was the company that acquired Calkins Media back in 2017. Denver, Colorado 80202 (408) 920-5999 . If shareholders give the thumbs-up during the vote this November, Gannett will have amassed the largest online audience of any American news provider. Davis left GateHouse in August 2019, just as publicly traded parent company New Media Investment Corp. acquired Gannett Co. for $1.2 billion. May 14, 2021. Broadcasting. GateHouse Media. If McClatchy’s bankruptcy plan … GroupM is owned by WPP, the world’s biggest advertising company which manages more than $60 billion in client advertising spends. 11 Fortress Investment Group jobs available on Indeed.com. Executives at New York-based New Media Investment Group Inc. said the sister papers will join a growing GateHouse Media stable of more than … Atlanta-based Cox Media Group, the Statesman’s owner for four-plus decades, on Monday completed the sale to GateHouse, a division of New Media Investment Group, for $47.5 million. EBay Korea is the country’s third-largest e-commerce firm with market share of about 12.8% in 2020, according to Euromonitor. About New Media Investment Group … New Media was formed as a Delaware corporation on June 18, 2013. NY Media Fest is owned and produced by Digital Media Wire, Inc., a media company that owns and produces conferences and events, publishes daily newsletters, and operates the popular www.digitalmediawire.com news and community portal. We're shaping the next era of media where advertising works better for people. They often publish factual information that utilizes loaded words (wording that attempts to influence an audience by using appeal to emotion or stereotypes) to favor conservative causes. GateHouse Media, which is owned by local newspaper giant New Media Investment Group, is quietly laying off journalists across the US. It is gleaned from tax forms, news stories and reporting. ANDREW FREEDMAN, ESQ. As a result of this buyout, Clear Channel Communications, Inc. began to operate as a wholly owned subsidiary of CC Media Holdings, Inc. On September 16, 2014, CC Media Holdings, Inc. was rebranded iHeartMedia, Inc.; and Clear Channel Communications, Inc., became iHeartCommunications, Inc. GateHouse Media acquired the paper on January 9, 2015 as part of the $280 million sale of Halifax Media Group to New Media Investment Group Inc., owner of GateHouse. The private equity firm has agreed to provide nearly $1.8 billion of debt financing to support New Media Investment Group Inc. ’s acquisition of … New Media Investment Group, through its BridgeTower Media operating unit, bought the Charleston (SC) Regional Business Journal, the Columbia (SC) Regional Business Journal and related publications. The report will be for the fiscal period ending June 30th, 2018. Media Investment Group (“MIG”) was founded in 1998 by Richard Cooperstein, an experienced media, and technology executive, investor, and consultant, with the goal of bringing high-quality value-added insight and operating expertise to innovative businesses and investment opportunities.
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