Executives of the combined company, which will keep the Gannett name, acknowledged there will be layoffs—the company has committed to cutting $300 million in annual costs.
Hendricks County Icon grows in tough newspaper times
In the wake of the May closure of The Hendricks County Flyer, Grow Local Media is expanding its own Hendricks County paper.Read More
Bleak newspaper-industry outlook spurs buyout of Star parent
On Aug. 5, GateHouse—a New York-based chain backed by an investment firm—announced a deal to buy Gannett for $1.4 billion.Read More
Report: Newspaper chains Gannett, GateHouse in ‘advanced’ merger talks
The Wall Street Journal reports that a deal could be announced in the coming weeks. Gannett owns The Indianapolis Star and a number of smaller Indiana newspapers.Read More
The country’s leading newspaper union issued a scathing analysis of the proposed Gannett-GateHouse merger Friday, saying the deal would drive down wages and employment for journalists at hundreds of newspapers. The merger will affect a dozen newspapers in Indiana.
Two of the country’s largest newspaper companies have agreed to combine in the latest media deal driven by the industry’s struggles with a decline in printed newspaper sales.
The level of attrition is the highest since 2009, when the industry saw 7,914 job cuts in the first five months of that year in the wake of the financial crisis.
The vote, completed at Gannett’s annual meeting, amounted to a rejection—possibly the final one—of Alden’s attempt to acquire Gannett through a hostile takeover launched in January by its Media News Group unit.
In a story at the top of the final issue, the paper said it closed “the shopper due to challenging market conditions.” The paper was delivered free by carriers to 15,000 readers on Wednesdays and Saturdays.
Reporter John Russell won four awards, while the newspaper’s art team swept the Page 1 design category, at the Best in Indiana competition hosted by the Indiana Professional Chapter of the Society of Professional Journalists.
Varvel will contribute a cartoon twice a month to IBJ’s op-ed pages. He joins Shane Johnson, who has been an IBJ editorial cartoonist for seven years and will continue as a regular cartoonist for the publication.
The Senate Local Government Committee voted 5-4 on Thursday against House Bill 1212, which would have mandated that sheriff’s offices advertise foreclosure sales online rather than in printed newspapers.
IBJ’s podcast and “One City, Worlds Apart” series received international journalism honors from the Society for Advancing Business Editing and Writing in the organization’s annual Best of Business competition.
The founder of the local alternative weekly revealed Monday that the publication has radically shifted its business model in the wake of news that it has discontinued its print edition after 29 years
Nuvo has ceased print publication and is eliminating most of its staff, the editor of the 29-year-old local alternative newspaper announced Saturday on social media.
Amazon CEO Jeff Bezos says he was the target of “extortion and blackmail” by the publisher of the National Enquirer, which he said threatened to publish revealing personal photos of him unless he stopped investigating how the tabloid obtained his private exchanges with his mistress.
Marisa Kwiatkowski was one of three Star journalists whose series on the sexual abuse of gymnasts led to a national outcry on the topic and a guilty verdict against Dr. Larry Nassar.
Gannett Co. said Monday that its board determined the unsolicited offer from a hedge-fund backed media group undervalued the company and wasn’t in the best interests of shareholders.
Media company Schurz Communications Inc. announced an agreement Monday to sell all 20 of its newspapers, including eight papers in Indiana, to New York-based GateHouse Media Inc.
The Indianapolis Star eliminated at least three newsroom employees Wednesday and dropped at least two business columnists.
Alden Global, which is taking aim at the Gannett newspaper chain, is run by a hedge fund exec known in some circles as “the Gordon Gekko of newspapers.”
Gannett's board said it will "carefully review the proposal," which values the company at $12 a share, a 23 percent premium to Gannett’s closing price on Friday.