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OT - John Supinie "let go" by Gatehouse

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  • OT - John Supinie "let go" by Gatehouse

    http://www.illinoisloyalty.com/GoIll...source=dlvr.it

    really just a link to another board I can only find stuff via twitter....


    could this mean anything to Dave Renoylds?

  • #2
    Originally posted by Future Walk-On View Post
    http://www.illinoisloyalty.com/GoIll...source=dlvr.it

    really just a link to another board I can only find stuff via twitter....


    could this mean anything to Dave Renoylds?
    The clock is ticking for all of these guys.

    FWIW - I didn't mean individually, but as it relates to their field in general.
    Last edited by Gary the Gargoyle; 11-02-2012, 02:10 PM.

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    • #3
      some really interesting comments about Gatehouse Media, owner of our local newspaper - as you know Gatehouse just filed for bankruptcy..

      "Major battles loom for GateHouse journalists"


      Journalists from all the GateHouse/New Media properties need to come together to fight for their craft, their institutions and their communities.

      GateHouse managers are painting a pretty picture of life after bankruptcy. The existing properties will merge with the old Dow Jones chain into a new operation called New Media.

      Not only will GateHouse??™s $1.2 billion debt disappear, the new company would have up to $1 billion to spend on new properties. That sounds great.

      But New Media is promising investors the same intense cost controls that GateHouse used to gut its newsrooms and diminish its quality of journalism.

      ..
      There??™s also no guarantee that GateHouse??™s strategy of merging operations among its papers, in part through its so-called ???clustering strategy,??? will set it on a profitable path. New Media??™s cost control efforts, GateHouse concedes, might not lead to the hoped-for savings, or they could hurt New Media??™s ability to recruit and hold on to valuable employees.


      The New Media group, GateHouse says, could also have a hard time finding acquisitions it can afford. GateHouse also warned of the potential for labor union complications, if negotiations end up adversely affecting the company??™s ability to make its operations more efficient.
      About half of the union contracts expire next year.

      Journalists from all the GateHouse/New Media properties need to come together to fight for their craft, their institutions and their communities."


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