News Formal

Gannett and GateHouse's parent announced a merger, and it could be a way to slow the inevitable decline of local newspapers

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 36 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 18%
  • Publisher: 51%

इंडिया समाचार समाचार

इंडिया ताज़ा खबर,इंडिया मुख्य बातें

Gannett and GateHouse's parent announced a merger, and it could be a way to slow the inevitable decline of local newspapers (via axios)

This story requires our BI Prime membership. To read the full article,

The two largest newspaper chains in the US, GateHouse and Gannett, will merge. The merger is being financed by private equity firm Apollo Global Management.The merger may be one way to bolster local news, or at least slow its decline. However, there will be cost cuts.New Media Investment Group, the parent company to GateHouse, and Gannett — the two largest newspaper chains in the US — officially announced a merger on Monday.

"We all pray that it works," Nancy Whitmore, professor of communication at Butler University in Indianapolis, and an expert on media economics,The merger will create one mega-newspaper company that will own 263 daily newspapers, and hundreds of weekly papers.

 

आपकी टिप्पणी के लिए धन्यवाद। आपकी टिप्पणी समीक्षा के बाद प्रकाशित की जाएगी।
हमने इस समाचार को संक्षेप में प्रस्तुत किया है ताकि आप इसे तुरंत पढ़ सकें। यदि आप समाचार में रुचि रखते हैं, तो आप पूरा पाठ यहां पढ़ सकते हैं। और पढो:

 /  🏆 729. in İN

इंडिया ताज़ा खबर, इंडिया मुख्य बातें

Similar News:आप इससे मिलती-जुलती खबरें भी पढ़ सकते हैं जिन्हें हमने अन्य समाचार स्रोतों से एकत्र किया है।

USA Today owner Gannett merges with GateHouse Media to form massive newspaper companyTwo of American's largest newspaper chains announced on Monday that they will merge, uniting hundreds of local newsrooms under a single company.
स्रोत: CNN - 🏆 4. / 95 और पढो »