new media investment group political leaning

Among Democrats in the left-leaning audience news bubble, 90% say they have very cold feelings about him (ratings between zero and 24). 5, In August 2019, New Media Investment Group acquired Gannett, which is the media company that owns USA Today along with 100 other publications and marketing services. New Media is well positioned to take advantage of more great acquisition opportunities at attractive valuations in 2017. Its the remaining family newspaper companies, like the 119-year-old Dix Newspapers, that are taking the money and exiting the business. Sign up for free newsletters and get more CNBC delivered to your inbox. AllSides Media Bias Ratings make the political leanings of hundreds of media sources transparent so that you can get the full picture and think for yourself. 44. In all, 61% of Republicans and Republican leaners identify as conservative, but 86% of Republicans who get news only from outlets with a right-leaning audience do the same. 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). 16 In 2013 GateHouse was restructured in a chapter 11 bankruptcy, with New Media created by GateHouses then-creditors to become the new owner. In a separate question put to voters, 56 per cent said it was time for a change of government while 44 per cent said the Coalition government deserved to be returned. Here's what you need to know about them. Heres what you need to know, Rana Plaza tragedy in 2013 a wake-up call for consumers. Make no mistake: The New Media playbook has been executed well. The Nieman Journalism Lab is a collaborative attempt to figure out how quality journalism can survive and thrive in the Internet age. When asked who would make the better prime minister, Scott Morrison lost one point but still leads by six points on 45 per cent while Anthony Albanese gained two points to 39 per cent. Americans are divided by party in the sources they turn to for political news, 3. Retrieved May 2, 2023, from https://www.niemanlab.org/2017/02/newsonomics-softbank-fortress-trump-and-the-real-story-of-gatehouses-boundless-ambition/. It conducts public opinion polling, demographic research, media content analysis and other empirical social science research. (Visit our Pathways data tool to see the full data on feelings toward Donald Trump.). Pew Research Center does not take policy positions. Another way to look at the diverging partisan views of media credibility: Almost half of the sources included in this report (13) are trusted by at least 33% of Democrats, but only two are trusted by at least 33% of Republicans. This gives us confidence that any sample can represent the whole population. The big difference is that while no other source comes close to rivaling Fox News appeal to Republicans, a number of sources other than CNN are also highly trusted and frequently used by Democrats. If you value transparency, help fund our media bias research. Best Debt Consolidation Loans for Bad Credit, Personal Loans for 580 Credit Score or Lower, Personal Loans for 670 Credit Score or Lower. These divides are even more pronounced between conservative Republicans and liberal Democrats. While Progressive Left largely backed candidates other than Biden during the 2020 Democratic primaries, they overwhelmingly voted for him in the general . 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?. (+1) 202-419-4372 | Media Inquiries. 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. Accessed May 2, 2023. https://www.niemanlab.org/2017/02/newsonomics-softbank-fortress-trump-and-the-real-story-of-gatehouses-boundless-ambition/. 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. In 2015, critics raised questions of journalistic ethics and transparency when Reed sold the Las Vegas Review-Journal to News Media Investment Group, a Delaware-based firm that did not disclose its ownership. It allows us to have a more educated, more highly paid person doing that work, sitting in Austin and spreading that across a few markets. And 45% of all Democrats and Democratic leaners identify as liberal, lower than the portion among Democrats who get news only from outlets with a left-leaning audience (62%). That is, people tend to have positive views of individuals with similar beliefs to their own. In some cases, GateHouse has encircled these family operations, and then offered just enough to close a sale. It would be hard to overstate its connection as a trusted go-to source of political news for Republicans. The research looked at the managers of 1,298 actively managed mutual funds, as well as executives of 16,655 companies. And of the 23% of Democrats who got political news from Fox News in the past week, nearly three-in-ten (27%) distrust it. Conversely, moderate and conservative Democrats are more than twice as likely as liberal Democrats to trust Fox News (32% vs. 12%). 6:20am, May 2. 79, No. Latest Election Polls Shareholders of USA TODAY owner Gannett and New Media Investment Group are poised to determine whether the two companies will combine in a deal that would reshape the media landscape . What do voting Americans know? It intends to operate newspaper, media directory and other media content businesses. Nieman Journalism Lab. 4 As of the end of 2018 New Media employed 10,638 employees and reported total revenue of more than $1.53 billion, with net income of $18.2 million. 28. A comparison to a similar study by the Center of web-using U.S. adults in 2014 finds that Republicans have grown increasingly alienated from most of the more established sources, while Democrats confidence in them remains stable, and in some cases, has strengthened. Its more than that though. A leadership void in newspaper companies has opened up local journalism further to private equity firms looking to vacuum out profits. Admittedly, not all fund managers have a political bias. AllSides has rated over 1,400 sources. Have news media CEOs said anything about a president who loudly accuses their people and companies of dishonesty? And if youre the CEO of one of the chains, youre probably far more interested in the increased chances of cross-ownership. In the laissez-faire regulation environment taking shape under Trump, newspaper publishers and local broadcasters may well for the first time be able to combine their enterprises. For Fortress, newspapers now a classic distressed industry offered a chance for good profit, using the reliable roll-up-and-cut methodology at the root of its industry. Meanwhile, the most commonly named main sources for Democrats in a left-leaning audience news bubble are CNN at 21% and NPR at 18%. Senate Polls Consequently, we can discount the would-be dot-connecting from Trump to Softbank to Fortress to GateHouse and all the confusion about who owns what in this saga. "Newsonomics: Softbank, Fortress, Trump and the real story of Gatehouses boundless ambition." Gannett had about 16,980 employees at the end of 2018, while GateHouse had about 10,638 employees, according to their securities filings. Among all Republicans, the share with a college degree increases to 29%, while among all Democrats the percentage of college grads drops to 37%. 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. Nieman Journalism Lab. Data is a real-time snapshot *Data is delayed at least 15 minutes. It is a subsidiary of The Pew Charitable Trusts. They were more likely to support Warren than those in any other political typology group and expressed support for Sanders at a level similar to the Outsider Left (38% of whom favored Sanders). Democrats report much higher levels of trust in a number of news sources than Republicans, 2. Global Business and Financial News, Stock Quotes, and Market Data and Analysis. All rights reserved. The group found that two dozen House Republicans hold. Washington Post American daily newspaper published out of Washington D.C. since 1877. 10 11, GateHouse Media is the largest publisher of daily newspapers in the United States, as measured by number of distinct publications. After all, who would news companies rather trust their revenue to than the guy who calls them a relentless hatestream? 8 9 Wesley Edens is chairman of the board of New Media and has been a large donor to political committees promoting the Democratic National Committee and the 2016 presidential campaign of Hillary Clinton. The study asked about use of, trust in, and distrust of 30 different news sources for political and election news. The specter of Trump-related foreign ownership may be a misplaced apparition but it shouldnt obscure the real specter of a faster chain roll-up of newspaper ownership in America. But when they do, those leanings can be expensive, the research found. Both CEO Mike Reed and CFO Greg Freiberg draw their compensation from Fortress; COO Kirk Davis is a New Media employee. Lets focus on what we can beat them at, and thats being local and selling business owners something that they need terribly, that they want. 24, Central to this strategy is UpCurve, New Medias enterprise services division. While it is impossible to represent the entire crowded media space, the outlets, which range from network television news to Rush Limbaugh to the New York Times to the Washington Examiner to HuffPost, were selected to represent popular media brands across a range of platforms. | title = Newsonomics: Softbank, Fortress, Trump and the real story of Gatehouses boundless ambition In Newspoll, conducted for The Australian newspaper, primary support for Labor rose one point to 38 per cent after stabilising from a downward trend before the election. Individuals have preferences, life experiences, and one of those preferences that may affect their decision-making is partisan bias. Overall, only one source, Fox News, was used by at least one-third of Republicans for political and election news in the past week. Sie knnen Ihre Einstellungen jederzeit ndern, indem Sie auf unseren Websites und Apps auf den Link Datenschutz-Dashboard klicken. 10K investor Arne Hoel has served on the boards of Swift Communications, which . For Democrats, the numbers are almost reversed. 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. "Its not a deal that anybody loves, but its a deal that most of the players believe is the bestpossible one at the moment," he said. 3, 2017). With tough, disciplined management, it worked the littered newspaper landscape with great financial acumen, acting on the too-familiar story of excessive newspaper debt and finding the attractive availability of discounted newspaper bonds. 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. Michael Reed, also with professional experience managing in the newspaper industry, is the CEO of New Media and was previously the CEO of GateHouse. Pew Research Center is a subsidiary of The Pew Charitable Trusts, its primary funder. Unless otherwise noted, our bias ratings are based on online, written content, not TV or radio content. Don't idle: How often should I start my car and let it idle in cold weather? Fully 83% of Republicans in a right-leaning audience news bubble have very warm feelings toward the president (meaning they rate him between 76 and 100 on a zero to 100 feeling thermometer, where zero means they feel as cold as possible toward him and 100 means they feel as warm as possible). We should take those three jobs, make it one job, and have that person do four stories a week. We can have a really good reporter do four stories a week, so over the course of three weeks, you get 12 stories, where before, I had three guys coming in, doing one story every two or three weeks., In 2015 New Media sold Nevadas largest daily newspaper the Las Vegas Review-Journal to a then-little-known firm in Delaware whose primary backer was later revealed to be Las Vegas billionaire and right-of-center mega-donor Sheldon Adelson. Over three-quarters of the electorate are now absolutely committed to their vote, and were increasingly seeing people locking in as early voting nears, Resolve director Jim Reed told the newspapers. About three-quarters of Democrats and Democratic leaners who get political news only from outlets with left-leaning audiences (74%) are between the ages of 18 and 49. "We just want to raise awareness that actively managed funds have a lot more decision-making as to what goes into the portfolio that's swayed by individual managers," Wintoki said. Ken Doctor, media analyst at Newsonomics and founder of a new local news venture called Lookout, said he expects the deal to pass. He said the PBS was another of the great Australian institutions established by Labor and proof of his partys commitment to universal health care. (+1) 202-857-8562 | Fax 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? 3 Recruiting our panelists by phone or mail ensures that nearly all U.S. adults have a chance of selection. Given the presidents promotion of CNN into the ranks of very fake news and his senior advisor Jared Kushners recent brash critique of the station to Time Warner execs, thats a different sort of handshake to watch. Moderator questions. The answer, of course, isnt singular. 0:04. In fact, with Softbanks leading edge now becoming its $100 billion tech-future-oriented Vision Fund, this old-world management contract would seem to be something of a (profitable) anomaly. Weitere Informationen ber die Verwendung Ihrer personenbezogenen Daten finden Sie in unserer Datenschutzerklrung und unserer Cookie-Richtlinie. The Guardian Rated Lean Left in July 2021 AllSides Blind Bias Survey. GateHouse Media is the largest publisher of daily newspapers in the United States, as measured by number of distinct publications. Subscribe for free to get the latest breaking news and analysis sent to your inbox. Newsonomics: Softbank, Fortress, Trump and the real story of Gatehouses boundless ambition. When youre a hundred metres ahead of your opponent halfway through a marathon theres no guarantee of victory, but when youre nearing the finishing line that gap becomes a lot more difficult to close in time.. "Funds with more partisan bias perform slightly worse than those with less bias, and have significantly inflated fund idiosyncratic risks," the research said. These ratings may be used for research or noncommercial purposes with attribution. Biden Job Approval We examine responses based on party identification to see whether Republicans and Democrats are turning to similar, or different, sources of information. 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. (+1) 202-419-4300 | Main 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.

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