New Media Investment chair and CEO Michael Reed told The Post he's not concerned the stock has fallen by almost 25 percent since signing a deal to buy USA Today-owner Gannett. Facebook gives people the power to share. 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 . Reed said digital businesses will grow even as print advertising shrinks from 29% of total revenue in 2019 to 15% in 2022. Gannett CEO Mike Reed told analysts May 7 that the company's goal is to accelerate growth with digital subscribers. . Michael Reed, Gannett chairman and CEO, was pleased with the quarterly financials. 10.96%. Gannett CEO must investigate unpaid overtime and end 'culture of exploitation'. The author, the presenter, . Mike Reed's email & phone | Tecomet's Engineer email Mike Reed Profiles - Facebook MCLEAN, Va.-- ( BUSINESS WIRE )-- Gannett Co., Inc. (NYSE: GCI) today announced the launch of USA TODAY Sports+, an all-new premium digital . If you're not automatically redirected . Today, Gannett Company, the nation's largest newspaper . USA Today's parent company Gannett, the nation's biggest newspaper chain, reportedly will see 500 employees take voluntary buyouts that were offered to the company's 21,000 workers in October. Why Gannett CEO Mike Reed thinks the company can reach 10 ... Gannett: 'Frontline' reporting jobs will be last to get ... I learned in my analysis that Mike Reed makes things up. We have created a powerful network of brands and capabilities that position us well to ensure and preserve the future of local journalism. Gannett's key executives are Mike Reed, Jay Fogarty and Kevin Sheehan.. How many employees does Gannett have?. Presenting on today's call will be Mike Reed . Nation's Largest Newspaper Company Announces Furloughs and ... A group of New Jersey legislators have sent a letter to Gannett CEO Michael Reed standing up for local journalism and urging the company to cease efforts to interfere with the right of employees . Gannett Co Inc. $6.27. Though Gannett reported a "strong first quarter" last week, the media organization posted total revenue of $777.1 million, an 18.1% decrease year-over-year, and a net loss of $142.3 million, or $1.06 per diluted share, compared to a net loss of $80.2 million, or $0.61 per diluted share, in the first quarter of 2020. No credit card required. Like many media companies, Gannett is struggling to cut operating costs. CEO, GANNETT CO. INC., McLEAN. same store revenue growth in the third quarter of 2021," said Michael Reed, Gannett Chairman and Chief Executive Officer. From CEO Mike Reed Our future workplace Team -- as the COVID-19 vaccine rollout continues across the U.S., guidance is that everyone who wants the vaccine should likely become eligible to receive it by May. As this process unfolds, At Loss. HEADQUARTERS Gannett Co., Inc. 7950 Jones Branch Drive McLean, Virginia 22107 703-854-6000. Thank you, Marcella. 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 independent media company effective Jan. 1. Reed. NewsGuild President Jon Schleuss has called on Gannett CEO Mike Reed to investigate allegations that employees are frequently expected to work overtime without pay and has called on him to end a "culture of exploitation" at the nation's largest news chain. The paper may refer to Brenna Smith as an "intern." In a more honest epoch, perhaps she would be called a "child soldier." Paul Bascobert, a former Bloomberg Businessweek executive, joins the new company as . Michael Reed, chairman and chief executive officer of the overall public entity, Gannett Co., the parent company of The Daytona Beach News-Journal, has assumed Bascobert's responsibilities. As this process unfolds, Currently, he is Chairman, President & Chief Executive Officer for 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 Newspapers . Excluding the impact of acquisitions, GateHouse's fell about 7%. Find Michael Reed's phone number, address, and email on Spokeo, the leading online directory for contact information. Michael was Director for DB Nevada Holdings. Viber. From CEO Mike Reed Our future workplace Team -- as the COVID-19 vaccine rollout continues across the U.S., guidance is that everyone who wants the vaccine should likely become eligible to receive it by May. Get contact information for Courier News and Courier News journalists by joining Muck Rack. The conversation has been edited for clarity and length. $382. He said digital-only subscriptions surpassed 1.2 million in the first quarter . And, yes, this reality: It is a private equity company that will manage — through newspaper veteran executive Mike Reed — one-sixth of the U.S.'s daily newspapers for the next two years. Latest Gannett . Headquarters: 7950 Jones Branch Dr, McLean, Virginia, 22107, United States. He has also been a member of the board of directors since October 2006. Previously, Mr. Reed served as President and Chief Executive Officer of Community Newspaper Holdings, Inc., or "CNHI", a leading publisher of . Gannett Announces Second Quarter 2021 Results . Existing Gannett ceo Paul Bascobert would be in charge of operating company Gannett Media Corp. Mike Reed, New Media's boss since 2006, became chairman and ceo of the newly-combined public . At Tennessean staff meeting, Gannett CEO Mike Reed discusses revenue, expenses and layoffs. LSR Q+A: Gannett CEO On USA Today, 'Best-Kept Secret' In Sports Betting. With deep roots in cities and towns across the U.S. and the U.K., our company brings a long-standing history of investing in . Latest Gannett annual revenue is $2.9 b.. What is Gannett revenue per employee?. Mike Reed is the CEO of Gannett, the largest US newspaper publisher, and he's planning layoffs as part of up to $300 million in anticipated cuts on the back of a huge merger with the local . Michael E. Reed Chairman, President & Chief Executive Officer, Gannett Co., Inc. Mr. Michael E. Reed is a Chairman, President & Chief Executive Officer at Gannett Co., Inc., a Chief Executive . 895.63. Create an alert. Gannett remains at the top of the leaderboard for newspaper ownership. MIKE REED Reed. Report a correction via email | Editorial standards and policies Five key ingredients make up what Gannett CEO Mike Reed believes the newspaper industry needs to focus on as it looks to the future. continued to grow platform client count sequentially each quarter," said Michael Reed, Gannett Chairman and Chief Executive Officer. Mike Reed, chairman and CEO of GateHouse parent New Media Investment Group, will retain his title. CEO of Gannett's operating company, Paul Bascobert, will leave company; Mike Reed assumes responsibilities. Redirecting you to the search page. Michael Braga, an editor at the paper, endorsed the practice, tweeting in reply, "Every business exploits the young — it's called gaining experience, and I don't regret it one bit." Schleuss cited this exchange in his letter, saying it prompted other Gannett staffers to share their experiences with unpaid overtime. Published Mar 30, 2020 Updated Jan 27, 2021, 8:54 pm CST. There are 2700+ professionals named "Mike Reed", who use LinkedIn to exchange information, ideas, and opportunities. Gannett has more than 120 markets internationally, it is. He will retain his role as CEO and chairman. How can we help? By the end of 2020, it will be likely be significantly smaller. I have read the 10-K's and 10-Q's and the material they release to investors. The Board will have nine members, including Michael Reed as Chairman, five independent directors from New Media, and three directors from Gannett: Michael Reed, Chairman & Chief Executive Officer . Michael E. Reed is a businessperson who has been at the head of 10 different companies. contact: For media inquiries, contact: Trisha Gosser Lark . It's been an eventful year so far for McLean-based media company Gannett, the nation's largest newspaper publisher, since it was acquired for $1.1 billion in 2019 by GateHouse Media, the company Reed has headed since 2006. E. "Mike" E. "Mike" E. Chairman, President, and Chief Executive Officer of Gannett Co., Reed has been in the position since 2004. , Inc. She is the Chief Executive Officer & Director of GateHouse Media Operating LLC and the Chief Executive Officer of SureWest Directors. The Associated Press spoke recently with Gannett CEO Mike Reed and the head of its new operating unit, Paul Bascobert. Michael E Reed "Reed". The paper has been owned by the Gannett Company since 1940. . Gannett Company, Inc., was formed in 1923 by Frank Gannett in Rochester, New York, as an outgrowth of the Elmira Gazette, a newspaper business he had begun in Elmira, New York, in 1906.Gannett, who was known as a conservative, gained fame and fortune by purchasing small independent newspapers and developing them into a large chain, a 20th-century trend that helped the newspaper industry remain . Claire Goforth. The Courier News, headquartered in Somerville, New Jersey, is a daily newspaper serving Somerset County and other areas of Central Jersey. If you need legal advice or a legal opinion please contact your attorney. Because I shorted the stock at 10 and watched it go to two. 11,050 records for Michael Reed. Gannett Co. on Thursday said that the CEO of its operating company, Paul Bascobert, will . In a keynote address kicking off this week's PIVOT 2020 virtual conference, he told members of America's Newspapers: "We need to pivot as an industry." A week and a day after the GateHouse takeover of Gannett, CEO Mike Reed found himself in Nashville . Gannett has more than 120 markets internationally, it is known for Pulitzer Prize-winning newsrooms and brands such as USA TODAY and specialized m. Gannett CEO must investigate unpaid overtime and end 'culture of exploitation'. View company. As a result, we expect the country to open up rather quickly, as we have already seen in a few states. He joined Gannett, formerly GateHouse Media, in 2015, as President of Western U.S. Publishing Operations and Publisher of the Las Vegas Review-Journal. Who Is Mike Reed Gannett? Mike Reed - Chief Executive Officer. When Gannett and New Media Investment Group merged in November 2019, the company worked to figure out its next steps, including . Email Alerts 中文 Business Advertise Referral Program Affiliate Program Information Career . The combined company will have its headquarters in Gannett's home base, McLean, Va., and will be led by Michael E. Reed, the New Media chief executive since 2006. . Why did I do this? The NewsGuild of New York has filed unfair labor practice charges against Gannett, the largest local media company in the country, according to documents reviewed by Axios. Michael served as Chief Executive Officer, GateHouse Media at Gannett Co. Michael Reed is currently Chief Executive Officer and Chairman of the Board at Gannett Co - View - Gannett Co org chart. Read More. ! Why it matters: Conversations with journalists across several Gannett newsrooms reveal attempts by Gannett management to undermine union efforts via alleged threats to pay increases, 401(k) matches and diversity initiatives. Michael Reed - Gannett Co. ! "The Company once again grew Adjusted EBITDA year-over-year, now for the third quarter in a row. Tech. Gannett. Trisha . With more than 250 local news sites and the USA Today Sports brand, Gannett has enormous built-in potential for a sports betting audience. Accepting that to be the case, then, morally speaking, Gannett CEO Mike Reed and USA Today editor-in-chief Nicole Carroll are on par with Hamas terrorists who stash weapons in schools and hospitals. From local to national, we engage the country to tell its stories. Gannett is a next-generation media company committed to strengthening communities across their network. Mr. Doug Horne - Chief Financial Officer. Gannett is a next-generation media company committed to strengthening communities across their network. Gannett Co., Inc. (NYSE:GCI) Q2 2021 Results Conference Call August 06, 2021 08:30 AM ET Company Participants Trisha Gosser - SVP, Finance and IR Mike Reed - Chairman and CEO Doug Horne -. N/A: N/A. I have followed Gatehouse/Gannett the last couple years. The estimates the company releases change constantly. In the latest "everything is fine, nothing to see here" news - Gannett has listed the main production facility for the Providence Journal, Cape Cod Times and others papers up for sale for $8M. In 2018, Gannett Company generated $2.9 billion of revenue. "Our third quarter results showed a significant and rapid rebound from the second quarter impact of the COVID pandemic and economic shut down," Reed said in a November 3 news release. . Two of the country's largest newspaper companies - Gatehouse and Gannett - have agreed to combine. Source. For investor inquiries, contact: Trisha Gosser Investor Relations 703-854-3000 investors@gannett.com For media inquiries, contact: Lark-Marie Anton SVP, Communications 646-906-4087 lark@gannett.com Gannett is in the process of cutting more than $300 million in "synergies" across the company. Button CTA. Header placeholder lorem ipsum dolor sit amet, consectetur adipiscing elit. That would be a big turnaround: The old Gannett's revenue fell 9.5% over the last nine months. The requirements for the partnership, Reed said, were that Gannett would be seen as a priority to Tipico and that the sportsbook would compensate the publisher through cash, stock and affiliate . Paul Bascobert, the chief executive of Gannett, will transition to chief executive of "the combined company's operating . Mr. Reed joined GateHouse Media, the predecessor company to New Media, in January of 2006 as Chief Executive Officer. Gannett's Chief Executive Officer, Chairman is Mike Reed. GateHouse Media is buying USA Today owner Gannett Co. for $12.06 a share in cash and stock, or about $1.4 billion. CEO, GANNETT CO. INC., MCLEAN. Gannett was founded in 1906.. Who are Gannett key executives?. Please note, your company email address will be automatically captured when you submit your question, to better assist us in attempting to answer your question. "With digital revenue accounting for over one -third of total revenue and growing, we are excited about the Company's evolution to a digitally focused content platform and the early momentum of our subscription-led strategy." According to the Globe's article, included in the fine print is that Gannett would be able to lease the property back for 5 to 10 years. September 07, 2021 08:00 AM Eastern Daylight Time. Q: Tell us about new . Because I shorted the stock at 10 and watched it go to two. Not only will Gannett make $90 million over the next five years for advertising Tipico through its media channels, but CEO Mike Reed said on a recent podcast that the deal could also be worth . I learned in my analysis that Mike Reed makes things up. Mike Reed's Email Found 3 emails: @othy.com @tecomet.com @symmetrymedical.com Preparing Mike's profile… View Mike's Email (It's Free) 5 free lookups per month. . 1,012,361. NewsGuild President Jon Schleuss sent a letter to Gannett CEO Mike Reed last Friday about the union's plan to launch an investigation and requested the company do the same. Gannett CEO Michael Reed has said he is "highly confident" the company will meet its obligations since it has $200 million in cash and expects to earn $50 million in real estate sales in the . View Mike Reed's profile on LinkedIn, the world's largest professional community. Frequently Asked Questions. Gannett has 16,980 employees.. What is Gannett revenue?. Gannett Co., Inc. operates as a local newspaper company. The Company publishes news through storytelling and events that connect readers and communities, as well as focuses . REED MICHAEL mailing address: 220 EAST FIRST STREET BETHLEHEM PA 18015 Insider Roles Name Transaction Date . Mike Reed - CEO of Gannett - mike@gannett.com Here's a suggested template: As a local news reader, I appreciate the work being done by the staff of The Journal News, Poughkeepsie Journal and Times Herald-Record newspapers, especially during this unprecedented historic period. Gannett's key executives include Mike Reed and 12 others. The estimates the company releases change constantly. Mike Reed - CEO, Gannett - mike@gannett.com Here's a suggested template: As a local news reader, I appreciate the work being done by the staffs of the Asbury Park Press, the Courier News and the Home News Tribune , especially during this unprecedented period. I have followed Gatehouse/Gannett the last couple years. Last week, CNN reported that NewsGuild President Jon Schleuss sent a letter to Gannett CEO Mike Reed warning that the Guild planned to launch an investigation into the company's handling of overtime pay after Gannett staffers tweeted about the issue. Join Facebook to connect with Mike Reed and others you may know. View the profiles of people named Mike Reed. Please contact . "Our same store revenue trend, though down 19.6% year over year, improved . Mr. Taylor leads Gannett's Events and Promotions business, which produces expos and world-class events and is the industry leader in event concept, production and execution. Presenting Gannett's first quarter results in May, chief executive Mike Reed told investors: "We are excited about the NFT market because we believe it creates several new opportunities for . This is an improvement of 330 basis points over the third quarter 2020 trend. As a result, we expect the country to open up rather quickly, as we have already seen in a few states. Why did I do this? Mike Reed. Gannett Co. Inc. GCI, -2.06% said Friday it had net income of $22.3 million, or 9 cents a share, in the third quarter, after a loss of $31.3 million, or 24 cents a share, in the year-earlier . I have read the 10-K's and 10-Q's and the material they release to investors. Gannett CEO and key executive team. For general questions, please call 703-854-6000.For additional assistance, select an area below. NewsGuild President Jon Schleuss has called on Gannett CEO Mike Reed to investigate allegations that employees are frequently expected to work overtime without pay and has called on him to end a "culture of exploitation" at the nation's largest news chain. MIKE REED. Media Company. The information presented herein represents the author's personal opinion and current understanding of the relevant issues involved. In a Sept. 17 email, NewsGuild President Jon Schleuss notified Gannett CEO Mike Reed that the Guild was launching an investigation into the practice, urged Reed to conduct his own investigation, end the culture of exploitation, and agree to the common-sense contract proposals advanced by journalists at Gannett. Contact us. 64.14%. to follow the career of Michael Reed. Reed said the company could hit $325 million in savings soon. Reed Michael CEO. Ask Gannett CEO Mike Reed a question or browse through the responses below.