Misplaced Pages

#106893

59-458: The News was founded in 1883 by Wallace Scudder, with the first issue published Sept 1, 1883. The grandson of Wallace Scudder, Richard Scudder , worked as the newspaper's publisher from 1952 until 1972. For years, the paper thrived as a daily and Sunday paper. It had bureaus in Montclair , Elizabeth , Metuchen , Morristown , Plainfield , Kearny , and Belmar . There were also bureaus in

118-399: A biased agenda." The memo additionally claimed that editorial content is the least-read content in the papers while being the most likely reason someone gives for cancelling a subscription. In March 2024, the company announced that effective March 25, it would end its legacy Associated Press premium subscription, meaning it would no longer pay to publish AP dispatches, photos and video from

177-525: A former paperboy who accused the company of enabling a former district manager to sexually abuse him in the 1980s. In late 2018 as Gannett was seeking partners for a merger, fending off a hostile takeover and its stock fell, this former paperboy emailed investigative reporters and Gannett management asking them to investigate his claims. In response, Karen Magnuson, then Executive Editor for Gannett's Democrat and Chronicle , told reporters to put their investigative reporting of abuse claims on "pause", and brought

236-451: A government-approved third-party that would be barred from entering into any agreements with Gannett, in order to fully preserve competition in advertising sales with Gannett-owned KSDK. The deal was approved by the FCC on December 20, and it was completed on December 23. On February 28, 2014, Meredith Corporation officially took over full control of KMOV. On May 14, 2014, Gannett announced

295-462: A large chain, a 20th-century trend that helped the newspaper industry remain financially viable. In April 1957, Paul Miller succeeded Frank Gannett as president and CEO when the group held 19 newspapers over four states; Florida not among them. Miller became frustrated after repeated unsuccessful attempts to acquire a foothold in Florida, then targeted Brevard County . He spoke to Marie Holderman,

354-853: A member of the school's first class. According to its alumni department, the Scudders are Princeton's largest alumni family. A small sample includes U.S. Rep. John A. Scudder (1775), Rev. John Scudder M.D. (1811), Edward Wallace Scudder I (1841) Hon. George Drake Scudder (1876), Edward W. Scudder II (1903), Charles Damarin Scudder I (1907), Charles Damarin Scudder II (1935), and Charles Damarin Scudder III (1963), and brother Edward Wallace Scudder III (1935). Richard Scudder's son and multiple grand kids have attended Princeton University. Richard B. Scudder (1935), and Edward W. Scudder (1935), together made

413-671: A privately held company, owns such major papers as The Denver Post, The Detroit News, The Oakland Tribune, The San Jose Mercury News and The El Paso Times. Overall, MediaNews has 57 daily newspapers in 11 states with a combined circulation of 2.3 million, making it the nation's second-largest newspaper company after the Gannett Company . MediaNews' combined, nationwide circulation stands at 2.3 million, which are published by 57 daily newspapers nationwide. MediaNews also owns 122 nondaily newspapers in nine states. Scudder served as MediaNews' chairman from 1985 until 2009; since 2010 Singleton

472-551: A salary $ 900,000 and long term stock incentives adding to a total of $ 7.7 million in 2021, the first full year after the merger. The total compensation was estimated with Gannett stock valued at the then current price. During Reed's tenure, Gannett stock has fallen 70%, reducing the value of future equity incentive plan awards. Gannett was sued in October 2019 under the New York State Child Victim's Act by

531-719: A time, though Tegna has since moved to a new 440,000-square-foot office tower nearby, occupying roughly 60,000 square feet. On October 7, 2015, Gannett struck a deal to buy the Journal Media Group for $ 280 million, giving it control of publications in over 100 markets in the Midwestern and Southern U.S. Similar to what Gannett had earlier done with its broadcasting assets, the Milwaukee -based Journal had separated its publishing and broadcasting arms in April 2015, with

590-678: Is owned by the Japanese conglomerate Softbank . Apollo Global Management funded the acquisition with a $ 1.792 billion loan. Although GateHouse was the nominal survivor, the combined company took the better-known Gannett name. Michael E. Reed, the CEO of GateHouse's parent company, was named CEO. The new management team immediately announced it would target "inefficiencies", which could lead to cutbacks at newspapers and reduction in newspaper staff. Gannett's board of directors, which does not include anyone with journalism background, paid CEO Mike Reed

649-489: Is the company's executive board chairman. Scudder died at his home in the Navesink section of Middletown, New Jersey , on July 11, 2012, at the age of 99. His wife Elizabeth died at 84 in 2003. Scudder was survived by one son, three daughters, eight grandchildren, several grand-nieces and nephews, and a few cousins and close extended family members. Scudder was named for Richard Betts Scudder, an ancestor who fought in

SECTION 10

#1732780511107

708-778: The Austin American-Statesman ; Detroit Free Press ; The Indianapolis Star ; The Cincinnati Enquirer ; The Columbus Dispatch ; The Florida Times-Union in Jacksonville, Florida ; The Tallahassee Democrat in Tallahassee, Florida ; The Tennessean in Nashville, Tennessee ; The Daily News Journal , in Murfreesboro, Tennessee ; The Courier-Journal in Louisville, Kentucky ;

767-977: The Democrat and Chronicle in Rochester, New York ; The Des Moines Register ; the El Paso Times ; The Arizona Republic in Phoenix, Arizona ; The News-Press in Fort Myers, Florida ; the Milwaukee Journal Sentinel ; the Argus Leader , the Pueblo Chieftain, and the Great Falls Tribune . In 2015, Gannett split into two publicly traded companies, one focusing on newspapers and publishing and

826-734: The Poughkeepsie Journal , founded in Poughkeepsie, New York in 1785, and The Leaf-Chronicle founded in Clarksville, Tennessee in 1808. In 1984, John Curley was appointed president and COO. In 1985, Curley became CEO and continued as president. The company was headquartered in Rochester until 1986, when it moved to Arlington County, Virginia . Its former headquarters building, the Gannett Building ,

885-576: The 2018 midterm elections in the United States, meaning that next-day newspapers would no longer contain the election's results, instead directing readers to the Internet. In January 2019, Digital First Media (DFM) made an unsolicited bid to acquire Gannett for $ 1.36 billion, but it was rejected for being undervalued. In an attempt to pursue a hostile takeover , DFM built up a 7.5% stake of Gannett's public shares. Gannett subsequently accused

944-548: The AP Stylebook . Gannet's contract with AP was set to expire at the end of 2024. It is unclear why the company ended the agreement early or how much it was paying AP. In the second quarter of 2022, Gannett's revenue was $ 749 million, sustaining a loss of $ 54 million. In reaction to the news, the company announced, "In the coming days, we will be making necessary but painful reductions to staffing, eliminating some open positions and roles that will impact valued colleagues." At

1003-460: The E. W. Scripps Company acquiring the television and radio properties owned by the former's technical predecessor Journal Communications and spinning out their respective publishing operations into Journal Media Group. In December 2015, Gannett announced that its local newspapers would be branded as the "USA Today Network", signifying a closer association with the national USA Today paper. In April 2016, Gannett made an unsolicited bid to acquire

1062-534: The French and Indian War . Another ancestor, Colonel Nathaniel Scudder , was one of two delegates from New Jersey who signed the Articles of Confederation . In September 1883, Scudder's grandfather, Wallace M. Scudder, founded the former Newark Evening News . Scudder's father, Edward Wallace Scudder, operated the newspaper. Eight generations of Scudders have graduated from Princeton University, starting with

1121-643: The New Jersey State House in Trenton and in Washington, D.C. The paper had had five editorial writers, an editorial cartoonist, a military writer, an aviation writer, and a Sunday magazine. In 1970, the paper was sold to Media General . In February 1971, the newsroom, which had never been organized, voted to go out on strike and walked out in May 1971, which was supported by labor leaders around

1180-605: The News-Press website. The practice has spread throughout the chain. In 2010, Gannett increased executive salaries and bonuses; for example, Bob Dickey, Gannett's U.S. newspapers division president, was paid $ 3.4 million in 2010, up from $ 1.9 million the previous year. The next year, the company laid off 700 U.S. employees to cut costs. In the memo announcing the layoffs, Dickey wrote, "While we have sought many ways to reduce costs, I regret to tell you that we will not be able to avoid layoffs." On March 7, 2011, Gannett replaced

1239-663: The Oakland Tribune and The Cincinnati Enquirer , seven television stations, 13 radio stations, as well as an outdoor advertising division, for $ 370 million. The outdoor advertising became known as Gannett Outdoor, before being acquired by Outdoor Systems (previously a division of 3M), before the company was sold to Infinity Broadcasting , which later became part of Viacom , and was part of CBS Corporation , until 2014 when CBS Outdoor went independent and became Outfront Media . The News Journal in Wilmington, Delaware

SECTION 20

#1732780511107

1298-567: The Phoenix, Arizona community for enabling its employees to sexually abuse them in the late 1970s. As the New York state window to file under its Childs Victim Act closed in August 2021, another man sued Gannett in Rochester, New York, alleging child sex abuse by the same former district manager of paperboys. This latest case brings the total to eleven men who are suing Gannett for enabling sexual abuse of former paperboys, some as young as eleven at

1357-552: The Star Advocate to Gannett for $ 1 million. Neuharth started Today in Cocoa, which eventually became Florida Today . By June 1966, paid subscriptions were 33,000, far exceeding their goal of 20,000 by the end of the year. The paper became profitable in 1968 after just 33 months. Miller was succeeded by Al Neuharth in 1973. In 1978, Gannett acquired Combined Communications Corp., operator of 2 major daily newspapers,

1416-590: The Tribune Publishing Company for $ 12.25 per-share, or around $ 400 million. This deal was rejected by Tribune's shareholders in May 2016; in turn, Gannett increased its offer to around $ 15 per-share (around $ 800 million). Although the two companies held talks during the summer and into the fall of 2016, disappointing earning reports for Gannett for the second and third quarters of 2016 caused Gannett to pull out of talks on November 1. Gannett announced it would not be delaying print deadlines for

1475-560: The Appellate Division of the New York State Supreme Court. The nine plaintiff cases remain pending action by Judge Chimes and her court. In March 2020, Gannett announced that due to COVID-19 , it will be forced to make a series of cuts and furloughs. Executives would also take a 25% reduction in salary. In April 2022, a committee of Gannett editors made the formal recommendation that newspapers in

1534-601: The Gannett and Sander stations in retransmission consent negotiations, anti-media-consolidation groups (such as Free Press ) and pay television providers (such as Time Warner Cable and DirecTV ) have called for the FCC to block the acquisition. On December 16, 2013, the United States Department of Justice announced that Gannett, Belo, and Sander would need to divest Belo's station in St. Louis , KMOV , to

1593-831: The acquisition of six stations from the Texas -based London Broadcasting Company in a $ 215 million deal, including KCEN-TV (NBC) in Waco-Temple-Bryan, KYTX (CBS) in Tyler - Longview , KIII (ABC) in Corpus Christi , KBMT (ABC/NBC) in Beaumont - Port Arthur , KXVA (FOX) in Abilene - Sweetwater and KIDY (FOX) in San Angelo . The company's COO Phil Hurley will also join Gannett to continue his leadership role at

1652-405: The chain should significantly pare back the opinion material that newspapers traditionally publish on their editorial pages, including editorials, op-ed columns, syndicated columns and editorial cartoons. According to the company-wide memo, "Readers don't want us to tell them what to think. They don't believe we have the expertise to tell anyone what to think on most issues. They perceive us as having

1711-429: The company announced that it would buy out the remainder of Classified Ventures —a joint venture between Gannett and several other media companies, for $ 1.8 billion, giving it full ownership of properties such as Cars.com . On April 21, 2015, Gannett announced that the publishing arm would continue to use the Gannett name, while the broadcasting and digital company would be named Tegna —an anagram of Gannett. The split

1770-461: The company of engaging in a proxy fight . After a failed attempt to place three DFM nominees on Gannett's board of directors through a proxy vote on May 16, 2019, DFM sold shares lowering their ownership to 4.2%. On August 5, 2019, New Media Investment Group, parent of GateHouse Media , announced that it would acquire Gannett. New Media Investment Group is managed and controlled by another private equity firm, Fortress Investment Group . Fortress

1829-831: The email to the attention of Gannett's management to conduct their own investigation. Gannett chief operating officer Michael G. Kane sent the original claimant a letter indicating no evidence had been found and they were "closing out" the matter. A few months later New York passed its Child Victim Act lifting statute of limitations on child sex abuse claims. This initial case is currently pending. Four more lawsuits were filed in February 2020 and are pending. Additionally, three more men filed suit against Gannett for child sex abuse in September 2020 and April 2021; these cases are all pending too. In December 2020, Gannett and its Arizona Republic newspaper were sued by two former paperboys in

Newark Evening News - Misplaced Pages Continue

1888-437: The end of August, the company announced that it was laying off 3% of its United States workforce, which was about 400 employees. At this announcement, Gannett also said they would not be filling 400 open positions. At the time of the announcement, Gannett stock, which was already down about 45% on the year, fell an additional 28.5%. In October, the company announced the second round of financial austerity steps. These included

1947-616: The fact that the Workers Compensation Board has no mechanism to consider this question of justice and legal rights, as the Board is tasked by the state of New York solely to: " administer workers’ compensation, disability benefits and Paid Family Leave. " On July 26, 2024, this demand of Gannett, received and accepted fully by Judge Deborah Chimes, was reversed , by the Fourth Judicial Department of

2006-551: The fourth largest television broadcaster in the U.S. with 43 stations. Because of ownership conflicts that exist in markets where both Belo and Gannett own television stations and newspapers, the use of a third-party company (Sander Media, LLC, owned by former Belo executive Jack Sander) as a licensee to buy stations to be operated by the owner of a same-market competitor and concerns about any possible future consolidation of operations of Gannett- and Belo-owned properties in markets where both own television stations or collusion involving

2065-488: The gift for Scudder Plaza in honor of their father, Edward Wallace Scudder (1903). Gannett Company Gannett Co., Inc. ( / ɡ ə ˈ n ɛ t / ) is an American mass media holding company headquartered in New York City . It is the largest U.S. newspaper publisher as measured by total daily circulation. It owns the national newspaper USA Today , as well as several local newspapers, including

2124-561: The largest newspaper publisher in the United States, which adopted the Gannett name. Mike Reed was named CEO. Gannett Company, Inc. was formed in 1923 by Frank Gannett in Rochester, New York , as an outgrowth of the Elmira Gazette , a newspaper business he had begun in Elmira, New York , in 1906. Gannett, who was known as a conservative , gained fame and fortune by purchasing small independent newspapers and developing them into

2183-447: The newspaper company, leaving Gannett's remaining broadcasting and digital operations under the leadership of Martore. In a statement, she explained that the split plans were "significant next steps in our ongoing initiatives to increase shareholder value by building scale, increasing cash flow, sharpening management focus, and strengthening all of our businesses to compete effectively in today's increasingly digital landscape." Additionally,

2242-503: The only one to allow unrestricted access. On March 24, 2012, the company announced that it would discipline 25 employees in Wisconsin who had signed the petition to recall Governor Scott Walker , stating that this open public participation in a political process was a violation of the company's code of journalistic ethics and that their primary responsibility as journalists was to maintain credibility and public trust in themselves and

2301-469: The organization. On August 21, 2012, Gannett acquired Blinq Media. Around the first week of October 2012, Gannett entered a dispute against Dish Network regarding compensation fees and Dish's AutoHop commercial-skip feature on its Hopper digital video recorders . Gannett ordered that Dish discontinue AutoHop on the account that it is affecting advertising revenues for Gannett's television stations. Gannett threatened to pull all of its stations should

2360-400: The other on broadcasting. The broadcasting company took the name Tegna , and owns about 68 TV stations. The newspaper company inherited the Gannett name. The split was structured so that Tegna is the legal successor of the old Gannett, while the new Gannett is a spin-off . In November 2019, New Media Investment Group acquired and merged its GateHouse Media subsidiary into Gannett, creating

2419-583: The owner and publisher of the Cocoa Tribune , and shared his plan for a morning daily paper in Brevard County. Holderman was not interested. Over the next few years, several Gannett representatives attempted to negotiate a purchase, without success. In the late 1950s, Al Neuharth was assistant managing editor at the Miami Herald and became acquainted with Marie Holderman. In 1963, he

Newark Evening News - Misplaced Pages Continue

2478-657: The paper in Downtown Newark at 215-217 Market St (or 111 Mulberry) is now a residential condominium. Since its demise, the Newark Public Library acquired the paper's records. The Charles F. Cummings New Jersey Information Center at Newark Public Library owns the News's indices and clippings files, as well as a full run of microfilm. They have digitized the paper up through 1971. Richard Scudder Richard Betts Scudder (May 13, 1913 – July 11, 2012)

2537-699: The paper to Media General , in 1970. In 1983, Scudder partnered with William Dean Singleton to purchase the Gloucester County Times . The South Jersey daily newspaper, which had a daily circulation of approximately 26,000 at the time, would become the first newspaper of the duo's MediaNews Group . Scudder and Singleton, who had been friends before they became business partners, soon purchased other newspapers - four in California and four in Ohio, financed largely by Scudder. Today, MediaNews,

2596-601: The rank of Major and the Bronze Star. In 1944, he married Elizabeth Shibley. Scudder returned to New Jersey from Europe in 1946 and became reporter at the Boston Herald , followed by a journalist position for the Newark Evening News, which his grandfather had founded in 1883. He later became the paper's publisher from 1952 until its closure in 1972. By then, the Scudder family had already sold

2655-523: The requirement that all employees take a week of unpaid leave in December, and a suspension of matching contributions to employee 401(k) accounts. Gannett also instituted a hiring freeze and is seeking volunteers for buyouts. Gannett announced around 200 more layoffs, or 6% of the news division, in November 2022. As part of the cuts, Gannett stopped printing six community papers, collectively known as

2714-486: The six stations. The acquisition was completed on July 8, 2014; in total, Gannett stations now serve 83% of households in the state. Post acquisition, Gannett now outright owns and operates their first Fox affiliates, KIDY & KXVA. On August 5, 2014, Gannett announced that it plans to split into two independent publicly traded companies–one focused on newspapers and publishing, the other on broadcasting. Robert Dickey, head of old Gannett's newspaper division, became CEO of

2773-405: The skirmish continue beyond October 7, and Dish and Gannett fail to reach an agreement. The two parties eventually reached an agreement after extending the deadline for a few hours. On June 13, 2013, Gannett announced plans to buy Dallas -based Belo Corporation for $ 1.5 billion and the assumption of debt. The purchase would add 20 additional stations to Gannett's portfolio and make the company

2832-639: The state. The strike lasted almost a full year — not settling until April 1972. It faced increasing competition from the Newark Star-Ledger , and for its final four months, the daily editions of the Newark Evening News were printed on Star-Ledger presses. That was because the paper's new owners had sold the presses, along with the Sunday News edition, to the Star-Ledger . The paper folded on August 31, 1972. The former headquarters of

2891-451: The stylized "G" logo in use since the 1970s (notably used on its TV stations as a corporate/local ID with different animations), and adopted a new company tagline: "It's all within reach." In February 2012, Gannett announced that it would implement a paywall system across all of its daily newspaper websites, with non-subscriber access limited to between five and fifteen articles per month, varying by newspaper. The USA Today website became

2950-605: The time of their injuries in the 1980s or upon enactment of the CVA in 2019. In December 2022, presiding Judge, Deborah A. Chimes acquiesced to Gannett's demands that NY Workers Compensation Board – despite the existence of the Child Victims Act as NY State law – determine if Plaintiffs have a valid cause of action for damages or whether they are limited to benefits under the Worker’s Compensation Law. This despite

3009-520: The time. Nearly three years after the first lawsuit filing, in July 2022, Gannett defense attorneys notified the court of their intent to file a motion to have the former paperboys' Child Victims Act cases taken "out of the state court system and turn them over to the New York Workers' Compensation Board" stating that the 11–14-year-old paperboys should have applied for workman's compensation at

SECTION 50

#1732780511107

3068-518: The trip in May 1965. Convinced of Gannett's determination and at age 81, Holderman decided to sell, and Pound told the executives they wanted $ 1.9 million in compensation. Neuharth's response: "We told them that was a fair price and we certainly paid her more than she expected to get." In 1966, Neuharth took charge of Gannett Florida. After a few months, the Hudson family in Titusville decided to sell

3127-550: The wire service in Gannett-owned publications. According to a statement from the company, this decision, regarded by observers as a cost-cutting move, "will give us the opportunity to redeploy more dollars toward our teams and build capacity where we might have gaps." In that same memo, Gannett said it signed an agreement with Reuters to publish the newswire's global content. Gannett will continue to pay AP for its election-related polling and vote-counting, and pay to access

3186-441: Was an American newspaper pioneer, newspaper publisher , journalist , and co-founder of the MediaNews Group , the second largest newspaper company in the United States. He served as MediaNews' chairman from 1985 until 2009. Scudder is also considered an innovator and pioneer of newspaper recycling . He founded the Garden State Paper Company, which later became one of the world's largest newspaper recycling companies. Scudder

3245-438: Was born to Edward Wallace Scudder and Katherine Hollifield Scudder, on May 13, 1913, in Newark, New Jersey . Scudder graduated from the Loomis Chaffee School before attaining a bachelor's degree in Economics with honors from Princeton University in 1935. He enlisted in the U.S. Army during World War II and served within Operation Annie , an Allied German-language counter-propaganda radio station . Scudder earned

3304-401: Was completed on June 29, 2015. The split was structured so that the old Gannett changed its name to Tegna, and then spun off its publishing interests as a "new" Gannett Company. Tegna retained "old" Gannett's stock price history under a new ticker symbol, TGNA, while "new" Gannett inherited "old" Gannett's ticker symbol, GCI. The two companies shared a headquarters complex in Tysons Corner for

3363-522: Was hired by Miller to manage the Democrat and Chronicle in Rochester, New York . Two years later, he asked Miller for an opportunity to persuade Holderman. In their meeting, Neuharth complimented the Tribune , but told Holderman that she lacked the resources to win a competition. Holderman was invited to Rochester for a meeting to talk with Gannett executives. The Gannett corporate airplane flew four people from Florida to New York. John Pound, managing editor joined Holderman and her two granddaughters on

3422-644: Was listed on the National Register of Historic Places in 1985. Douglas H. McCorkindale succeeded Curley as CEO in 2000 and chairman in 2001. That year, the company moved to its headquarters in Tysons Corner, Virginia , a suburb of Washington, D.C. Beginning in 2005 at the Fort Myers News-Press , Gannett pioneered the mojo concept of mo bile multimedia jo urnalists, reporters who were initially untethered from conventional newsrooms and drove around their communities filing hyperlocal news in various formats including text for print publication, still photos for print and online publication, and audio and video for

3481-416: Was purchased from DuPont and The Tennessean in Nashville in 1979, when the chain had grown to 79 newspapers. In 1982, the broadcasting unit partnered with Telepictures Corporation to start out its Newscope program. Gannett's oldest newspaper is the Berrow's Worcester Journal based in Worcester, England and founded in 1690. In the United States, the oldest newspapers still in circulation are

#106893