new media investment group political leaning

For example, three-quarters of conservative Republicans trust Fox News, while just about half (51%) of moderate or liberal Republicans do. Under the terms of the deal then, shareholders of Gannett would receive $6.25 in cash and 0.5427 of a New Media share for each Gannett share they held, amounting $12.06 per Gannett common share based on New Media's closing stock price as of Aug. 2. 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. Theres rich irony here: The retirement funds of those in the news industry, among many others, helps fund these New Media takeovers, which in turn result in more job cutbacks and the thinning of journalism in communities from coast to coast. While money and politics have always . Read our research on: Congress | Economy | Trust in Media, As the news media landscape continues to evolve, Americans news habits are also changing. Those numbers may have knocked about 4 percent off the share price this week. 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. 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. Founded in 2020, 19fortyfive.com or 1945 is a conservative-leaning website that focuses on defense and USA foreign policy news and analysis. You may still be deciding who to back on Election Day, yet your investments may have already cast a vote. new metro-oriented change Knight-Lenfest grant, the GateHouse method works in the short-term, Nieman Foundation for Journalism at Harvard University. Labor maintained its two-party-preferred vote lead of 53-47 which would equate to the loss of 10 seats for the Coalition. New Media shareholders would own 50.5% of the combined company, while Gannett stockholderswould own 49.5%. (CEO Mike Reed explained that drop by pointing to the outsized $43 million gain the company made on its Las Vegas sale in 2015.) What do voting Americans know? Admittedly, not all fund managers have a political bias. Direction of Country 16 In 2013 GateHouse was restructured in a chapter 11 bankruptcy, with New Media created by GateHouses then-creditors to become the new owner. For example, Republicans who get news only from outlets with right-leaning audiences tend to be more conservative, embrace Donald Trump more warmly and rely on Fox News more extensively than Republicans in general. 6:20am, May 2. It does, however, manage and control New Media, an investment vehicle it created out of GateHouse Medias 2013 $1.2 billion bankruptcy. 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. 29 Some noteworthy pickups of daily newspapers during this period include the Columbus Dispatch, the Austin American-Statesman, and The Oklahoman. Moreover, evidence suggests that partisan polarization in the use and trust of media sources has widened in the past five years. It is a subsidiary of The Pew Charitable Trusts. A new study from the Pew Research Center breaks down ideology within political parties, including by views on the role of government. All Rights Reserved. 11, 2019, on Pew Research Centers American Trends Panel. 28. Now it becomes part of an even larger portfolio, as Softbank emerges, post-acquisition with about $170 billion in managed assets. Half as many Democrats in a left-leaning audience news bubble (30%) say the same thing. They then compared how those individuals donated to political campaigns from 1990 through 2016, based on data from the Center for Responsive Politics. Overhead, two massive monitors projected all that was said that night. These divides are even more pronounced between conservative Republicans and liberal Democrats. 1615 L St. NW, Suite 800Washington, DC 20036USA 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. The study asked about use of, trust in, and distrust of 30 different news sources for political and election news. In contrast, the average share of total net assets invested in Democratic-leaning firms by Republican-leaning managers was about 3 percent lower than that invested by Democratic-leaning fund managers. 10 News First - Disclaimer. Photo of Donald Trump and SoftBank CEO Masayoshi Son at Trump Tower December 6, 2016, by AP/Andrew Harnik. I asked New Media CEO Mike Reed and COO Kirk Davis for comment on the annual results and their 2017 plans, but received no response. Nieman Journalism Lab. 22, Unlike traditional print media organizations, advertising and circulation growth are not the revenue model New Media has been built to rely upon for the long term. While Progressive Left largely backed candidates other than Biden during the 2020 Democratic primaries, they overwhelmingly voted for him in the general . Accessed May 2, 2023. https://www.niemanlab.org/2017/02/newsonomics-softbank-fortress-trump-and-the-real-story-of-gatehouses-boundless-ambition/. Then, their lobbying arm, Heritage Action for America, normally takes those policies and tries to persuade members of Congress to make FL Counts Its Ballots in Hours. In Newspoll . Those numbers are very much in keeping with the overall gender split among all Republicans (52% male, 48% female) and Democrats (45% male, 55% female.). According to the GateHouse website, the company owns the largest number of daily newspapers in the country. What do they think they know? UpCurve provides business-to-business assistance in the areas of human resources, technology and software, marketing, and sales productivity. It is a subsidiary of The Pew Charitable Trusts. At the Labor launch in Perth on Sunday, Mr Albanese revealed his medicines price cut would be $12.50. Given a better 2015, it generated $39.7 million total in 2015 and only $5.7 million in 2014. Eric Newton (@EricNewton1) February 18, 2017, Its a hell of a question. Nieman Journalism Lab. "Mutual funds with higher levels of partisan bias do not outperform those with less bias, and may even suffer from slightly worse fund performance," the research said. 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. High net worth investorsbracefor a stock drop. How much are their once-robust newspapers, especially across the kinds of heartlands that New Media serves, helping them separate fact from fiction? The answer, of course, isnt singular. 10 11, GateHouse Media is the largest publisher of daily newspapers in the United States, as measured by number of distinct publications. It believed in its methods to cut costs by replacing inconsistent management. We examine responses based on party identification to see whether Republicans and Democrats are turning to similar, or different, sources of information. 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. On Jan. 12, Randall Stephenson, CEO of AT&T and would-be acquirer of CNN through its in-progress Time Warner purchase, paid a visit. In addition to a greater concentration around Fox News as the main source of political news, Republicans in a right-leaning audience news bubble also express greater reliance on just one main source as opposed to a wider mix: 60% say they rely on their main source far more than any other source. 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. At the same time, Democrats and independents who lean Democratic see most of those sources as credible and rely on them to a far greater degree, according to the survey of 12,043 U.S. adults conducted Oct. 29Nov. 3 This private investment firm, formed in 2009, is a partnership between 10K Investments, owned by two Reno, Nevada, businessmen, and 13th Street Media, owned by Randy Miller, who previously owned the Boulder (CO) Daily Camera before selling it to E.W. Democrats levels of trust and distrust in media sources have changed considerably less than Republicans during this time span. All of the papers the Guild represents that are owned by GateHouse have not had their wages increased in 8 to 10 years, says Melissa Nelson, director of collective bargaining for the NewsGuild-Communication Workers of America. 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). 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. Consequently, individual investors need to beware when choosing between actively managed funds and index funds. 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. It was later revealed that Republican donor Sheldon Adelson was the owner of the News Media Investment Group. As one savvy industry insider observed to me: Its the same plan as Tronc and Gannett they are just far better and more disciplined at making it work.. The chain GateHouse Media Inc., which owns small-town dailies and weeklies in 36 states, has been at least until recently also controlled by a New York hedge fund, Fortress Investment Group and its subsidiary, Newcastle Investment Corp. Latest Election Polls 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. AllSides has rated over 1,400 sources. Retrieved May 2, 2023, from https://www.niemanlab.org/2017/02/newsonomics-softbank-fortress-trump-and-the-real-story-of-gatehouses-boundless-ambition/. The universes of outlets with right-leaning audiences and left-leaning audiences reflect another major finding from the media polarization report. We want to hear from you. Klicken Sie auf Alle ablehnen, wenn Sie nicht mchten, dass wir und unsere Partner Cookies und personenbezogene Daten fr diese zustzlichen Zwecke verwenden. 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. Washington Post American daily newspaper published out of Washington D.C. since 1877. House Polls The Republican district projects account, stunningly, for nearly four-fifths of the total clean energy investments that have been announced. 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." Numbers, Facts and Trends Shaping Your World, details about the ideological composition of news outlets audiences, the full data on feelings toward Donald Trump, From feelings about Trump to reliance on a single main source of political news, big differences by media diet, Democrats in a left-leaning audience news bubble tend to be younger, more educated, less religiously observant, Americans in news media bubbles think differently about foreign policy than others, About one-fifth of Democrats and Republicans get political news in a kind of media bubble, Views about Ukraine-impeachment story connect closely with where Americans get their news, U.S. Media Polarization and the 2020 Election: A Nation Divided, What the data says about Americans views of climate change, Podcasts as a Source of News and Information, AI in Hiring and Evaluating Workers: What Americans Think, Americans confident in Zelenskyy, but have limited familiarity with some other world leaders, How Public Polling Has Changed in the 21st Century. Individuals have preferences, life experiences, and one of those preferences that may affect their decision-making is partisan bias. As the U.S. enters a heated 2020 presidential election year, a new Pew Research Center report finds that Republicans and Democrats place their trust in two nearly inverse news media environments. While Fortress doesnt own NEWM, its management drove the companys astounding growth after the GateHouse bankruptcy in 2013. The company has cited data from Ad Fontes Media, a Colorado-based nonpartisan organization that rates the political leanings of media outlets. The combined entity would be the biggest U.S. media company by print circulation and could vie for the largest monthly online news audience, nearing top-ranked CNN, according to traffic measurement firm Comscore. Republicans and Republican-leaning independents who get news only from outlets with right-leaning audiences tend to be older and more likely to attend religious services than Democrats and Democratic leaners who get news only from outlets with left-leaning audiences. (Visit our Pathways data tool to see the full data on feelings toward Donald Trump.). And the answer to that question is yes, the researchers found. President and Fellows of Harvard College, unless otherwise noted. 25 This division produced $95.8 million in revenue for 2018, an increase of 34.4 percent over 2017. 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. Two voter polls released on Monday show the Labor party holding on to a winning position at the halfway point of the Federal Election. 26, Similarly, GateHouse Live is an event production company targeted to the communities and businesses served by New Medias print publications. 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. Meanwhile, the most commonly named main sources for Democrats in a left-leaning audience news bubble are CNN at 21% and NPR at 18%. Who are the people who choose these more politically isolated news diets? 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. Rush Limbaugh, meanwhile, is the third-most trusted source among conservative Republicans (38%) but tied for the second-most distrusted source among liberal Democrats (55%). Publishers may have to run two to three (or more) newspaper titles, and theyre judged not by their community participation but by the monthly revenue totals. How Joe Biden's cash problems are squeezing his campaign, fundraisers. New Media Investment Group Inc has a market cap of $526.790 million; its shares were traded at around $8.71 with a P/E ratio of 435.50 and P/S ratio of 0.33. Meanwhile, Republican-leaning fund managers invested 3% less of their total net assets in Democrat-oriented companies compared with Democratic-leaning fund managers. 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. (Details about the two studies can be found in the methodology.). | ref = {{harvid|Doctor|2017}} Wealthy investors grow anxious: High net worth investorsbracefor a stock drop. Center-rated outlets may omit important perspectives. A world of community leadership as uneven as it really was over the decades has been quickly eroded. New Media Investment Group is a private equity firm which focuses on investing in local media assets, advertising, and digital marketing businesses. 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. That data was used to determine the fund managers' and executives' political leanings based on their net donations. Sign up for free newsletters and get more CNBC delivered to your inbox. That is, people tend to have positive views of individuals with similar beliefs to their own. | url = https://www.niemanlab.org/2017/02/newsonomics-softbank-fortress-trump-and-the-real-story-of-gatehouses-boundless-ambition/ | last = Doctor Its the cutbacks at the smaller papers the roots of the pre-Fortress GateHouse chain that may be most telling. Global Business and Financial News, Stock Quotes, and Market Data and Analysis. Its a project of the Nieman Foundation for Journalism at Harvard University. One is social psychology. "Newsonomics: Softbank, Fortress, Trump and the real story of Gatehouses boundless ambition." Among Democrats in the left-leaning audience news bubble, 90% say they have very cold feelings about him (ratings between zero and 24). 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). A day after Mr Albanese accused him of neglecting older Australians, Mr Morrison is set to announce an increase in the singles income test threshold from $57,761 to around $90,000 from July 1 this year to broaden access to the concession card. 2023 CNBC LLC. Newsonomics: Softbank, Fortress, Trump and the real story of Gatehouses boundless ambition. (+1) 202-419-4372 | Media Inquiries. Get this delivered to your inbox, and more info about our products and services. Liberal Democrats are Democrats and independents who lean toward the Democratic Party who say they are liberal or very liberal. Fund managers and company executives who have similar political views are also more likely to interact with each other, through social clubs and other channels, the research said.

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