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GateHouse Media, Inc. engages in the publication of print and online media in the United States. The company publishes yellow page and white page directories in Sacramento, California area, as well as provides Internet yellow pages through its Web site www.sacramento.com. It also produces various niche publications that address specific local market interests, such as recreation, sports, healthcare, and real estate. As of December 31, 2007, GateHouse Media’s portfolio consisted of 515 community publications, including 101 daily newspapers, 282 weekly newspapers, and 132 shoppers, as well as...
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From the Blogosphere
Your newspaper won't be delivered today, or ever
Filed under: Industry, Gannett Co (GCI), Economic data, Financial Crisis Many of the large newspaper chain purchases over the last several years have involved tremendous borrowing and the banks are at the door with eviction notices. Even the big companies in the industry are having trouble. According to The Wall Street Journal, Gannett, Inc. (NYSE:GCI) the country's largest newspaper publisher, said Wednesday it had tapped its credit line as short-term financing markets stall. Several other chains, particularly McClatchy (NYSE:MNI) and Gatehouse (NYSE:GHS) are having crippling debt problems. <>A...
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Your newspaper won't be delivered today, or ever
Filed under: Industry, Gannett Co (GCI), Economic data, Financial Crisis Many of the large newspaper chain purchases over the last several years have involved tremendous borrowing and the banks are at the door with eviction notices. Even the big companies in the industry are having trouble. According to The Wall Street Journal, Gannett, Inc. (NYSE:GCI) the country's largest newspaper publisher, said Wednesday it had tapped its credit line as short-term financing markets stall. Several other chains, particularly McClatchy (NYSE:MNI) and Gatehouse (NYSE:GHS) are having crippling debt problems. <>A...
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Banks try to save the newspaper business
Filed under: Forecasts, Deals, Industry, Newspapers  Within the past years, several public newspaper companies have been pushed to the cliff of insolvency. They have taken on too much debt and the downturn in advertising has put them in a position where they cannot cover interest payments.
<>Journal Register was knocked off The New York Stock Exchange and is in the process of liquidation. The value of its properties has dropped so low that its common shareholders will get nothing and creditors will not recover the amount of their loans. Gatehouse Media (NYSE: GHS) has traded under $1 for weeks a...
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Banks try to save the newspaper business
Filed under: Forecasts, Deals, Industry, Newspapers Within the past years, several public newspaper companies have been pushed to the cliff of insolvency. They have taken on too much debt and the downturn in advertising has put them in a position where they cannot cover interest payments. <>Journal Register was knocked off The New York Stock Exchange and is in the process of liquidation. The value of its properties has dropped so low that its common shareholders will get nothing and creditors will not recover the amount of their loans. Gatehouse Media (NYSE: GHS) has traded under $1 for weeks a...
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As Tribune loses executive, some newpapers move toward Chapter 11
Filed under: Analyst reports, Industry, New York Times'A' (NYT) Tribune, formerly a public newspaper and broadcast company, lost the publisher of its largest newspaper, the LA Times, and the editor of its flagship, the Chicago Tribune. New controlling shareholder Sam Zell is in trouble, burdened by buyout debt he may not be able to pay. <>Most analysts saw another modest drop in newspaper ad revenue this year. It has been much worse than that. At some companies in the industry, ad sales are off nearly 15%. An analyst recently dropped his price target on The New York Times Company (NYSE:NYT) to ...
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About GateHouse Media Inc.
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