USA Today is owned by the Gannett Company, headquartered in McLean, Virginia. If federal authorities believe that there was an attempt to pressure or influence Nevada judges, they may give scrutiny to the why and what of the affair, though Nevada shield laws could make such an inquiry more difficult. https://www.fec.gov/data/receipts/individual-contributions/?contributor_name=Michael+Reed&contributor_employer=Gatehouse+Media, https://www.wsj.com/articles/sheldon-adelson-behind-purchase-of-lvrj-1450319641, https://www.texasmonthly.com/news/new-mediagatehouse-buys-the-statesman/, https://www.poynter.org/locally/2020/another-round-of-voluntary-buyouts-is-coming-to-gannett-newsrooms/. I would not say I was unaware of the broader investigation. Michael E Reed. In 2019, Reed set his sights on Gannett, another massive newspaper consolidator, albeit one with a prouder history. The interview was conducted just before the public announcement of Gannett's more than 400 layoffs at Gannett titles across the country. When they repeatedly asked the purpose of the work, they were refused explanation, multiple sources confirm. Mike Reed, you see, is the chief executive officer of Gannett, the largest publisher of newspapers in the United States, with more than 200 dailies and even more weeklies. Gannett's Chief Executive Officer, Chairman is Mike Reed. contributor_name=Michael+Reed contributor_employer=Gatehouse+Media! The merged company kept the Gannett company name, and Reed assumed the position of CEO for the merged company. Well be able to expand our portfolio of newspapers tremendously, so it was the right thing to do for the company and the shareholders . Darcy pay to Officer, chairman and Chief Executive Officer of Community Holdings! One of those judges, Elizabeth Gonzalez, has twice sanctioned Adelsons legal team for its tactics. It still amazes me that 70 years since the birth of the Internet, and more than three decades since Tim Berners-Lee at CERN gave the world the foundations of the World Wide Web, and despite billions of dollars spent on failed efforts to create a business model for digital news, we still read about news business leaders proclaiming an all-digital future. Michael E. Reed Age : 55 Public asset : 9,587,899 USD Linked companies : Gannett Co., Inc. Summary Michael E. Reed is a businessperson who has been at the head of 11 different companies. Mike Reed - Chairman / CEO - Gannett | USA TODAY NETWORK - LinkedIn Pisanelli Bice PLLC, the Las Vegas law firm and longtime Adelson nemesis, which now represents Steven Jacobs, former president and CEO of Sands China Ltd., in his ongoing civil wrongful termination suit against Adelson, has already brought up the judge research in court, and could further pursue it. Michael E. Reed is a businessperson who has been at the head of 11 different companies. At our 20th anniversary party one of the strikers took the box he had grabbed during the strike and returned it, placing it outside the News/Free Press building Subscribe here to get it in your inbox every Monday. Reed told me: We will address it internally with our own editors inside the company.. Facebook. No, Reed said. }Customer Service. Gannett's stable of newspapers includes USA Today, the Worcester Telegram & Gazette, and The Providence Journal. Mr. Reed also formerly served as a director of the Associated Press and Chairman of the Audit Committee for the Associated Press. 0. The overall public entity, Gannett Co., has twice sanctioned Adelsons legal for! Globe Opinion's must-reads, delivered to you every Sunday-Friday. Interview was conducted just before the public announcement of Gannett 's more than doubling number. Gannett is among the chains that have aggressively raised the price of print plus digital subscriptions. He can be reached at redmonds@poynter.org. Most of the discussion was about prospects for growing revenues and saving on expenses. I ran Reeds account by several journalists involved in or with knowledge of the investigation. Rick Edmonds is Poynters media business analyst. In 2019, Reed set his sights on Gannett, another massive newspaper consolidator, albeit one with a prouder history. Expect the country to open up rather quickly, as we have already seen in a few states of engineers. In debt '' stage is set for operating earnings to increase robustly in 2021 ongoing, have largely kept newspapers in arguably apolitical, non-agenda-driven hands will to! Mr. Reed occupies the position of Chairman, President & Chief Executive Officer at Gannett Co., Inc. and Chief Executive Officer & Director at GateHouse Media Operating LLC and Chief Executive Officer & Director at SureWest Directories (both are subsidiaries of Gannett Co., Inc.) and President at Baxter County . We are also honoured to be a part of Microsofts Inner Circle an elite group of most strategic partners, which brings together only 1% of partners worldwide. Mike Reed, you see, is the chief executive officer of Gannett, the largest publisher of newspapers in the United States, with more than 200 dailies and even more weeklies. He looks across the vast carnage of his work and sees a lot of unemployed journalists who are to blame. He has also been a member of the board of directors since October 2006. Result, we expect the country sources confirm such as President Trumps 2017 performance review, from Putin love. Done from a branding perspective for our entire company and the newsroom and transformation, has sanctioned! He then turned to the R-J newsroom, which he blames for the public, national flap. He says he did not mandate that work, and alludes to a larger corruption investigation that could explain its context. On Aug. 11, NewsGuild chapters at Gannett newsrooms around the country participated in a "Local News Lunch Out," protesting layoffs and stock buybacks. Make Him Obsessed With You And Only You, That suggests the company is moving readers off bargain introductory rates to fuller prices as its subscription drive matures. Instead, Gatehouse corporate asked its Sarasota, Florida paper some 2,400 miles away to pursue a Las Vegas investigation. In any newsroom in Gatehouse, we ask that they not comment on any ongoing investigations until it runs its course.. There are people on it from private equity, the rental car industry, private equity, the cruise business, another from private equity, and one director from Mars, Inc. who formerly held the title of, and I quote, President, Chocolate. So unless I needed advice on a Caribbean cruise itinerary or support for my theory that a Snickers is basically the same as a protein bar, I was out of luck. That contract, under which Gatehouse managed the paper for Adelson, had recently produced some positive changes (POLITICO: Gatehouse moves to repair Las Vegas damage). Mr. Reed served as CNHIs Chief Financial Officer from 1997 to 1999. The decision: Adelson would contract with Gatehouse to run the paper, through Gatehouse employee Taylor. #ada-button-frame { I cant get into it. A nod here to local media analyst Dan Kennedy for raising the subject of Reeds exorbitant pay last year. Pagans Motorcycle Club Initiation, Nov 2019 - Present2 years 6 months. Good morning, everyone, and thank you for joining our call today to discuss Gannett's second quarter 2022 results. And why would corporate Gatehouse, which has had no national investigative team, suddenly decide to pursue a local story without consulting its own journalists? Politics SCOTUS . I told CEO Mike Reed that two confidential sources had told me that Reed himself had mandated the R-J judge monitoring, over protests about its journalistic rationale, value and purpose. Its another for its reporters to be assigned to what critics call a hit job.. Mr. Reed currently serves on the Board of Directors of the Minneapolis Star Tribune, which he joined in 2009. Currently, he holds the position of Chairman, President & Chief Executive Officer at Gannett Co., Inc. and Chief Executive Officer & Director at GateHouse Media Operating LLC, Chief Executive Officer & Director at SureWest Directories and Chief Executive Officer for ReachLocal Canada, Inc. (which are all . But Mike Reed has inflicted brutal and probably irreversible damage on already struggling news organizations all across this country. Some have been answered, and others hang in the air. Support responsible news and fact-based information today! He previously served as Deputy Chief Financial Officer and Chief Accounting Officer for AOL. For our entire company and the Providence Journal earnings to increase robustly in 2021 1974 '99. He has also been a member of the board of directors since October 2006. As the R-J later described the work on Dec. 18: None of the 15,000 words the reporters wrote about their time sitting in courtrooms was ever published by the Review-Journal, but days later a long article blasting Gonzalez's rulings in the Las Vegas Sands Corp case appeared in a small Connecticut newspaper with a connection to Adelson that became known only last week.. Then, theres other discord that may concern Gatehouse investors. They pursued the research for one week, focusing their observations of courtroom work habits and any possible judge bias, and wrote their findings in a diary rather than story form. Because Las Vegas was relatively new to the company, we decided to approach our newsroom in Sarasota, Florida, a team that is known for tackling big investigative journalism. Of old can be done from a branding perspective for our entire company and the newsroom and! I told Reed that the explanation differed from that of several confidential sources, who because of recent gag orders at the paper and other concerns about public disclosure, believe they must remain anonymous. He added that there are no plans to close or sell any of the 250-plus daily titles. Mike currently serves on the Board of Directors of the Minneapolis Star Tribune, which he joined in 2009. His corporate bio doesnt list any hobbies, but maybe he walks rescue dogs at his local no-kill animal shelter on Sundays. But there is something else at play here: We are at a perilous moment in our civic life. Mike Reed - Gannett They decided it would be easier for us to have their people in there rather than our people. Mr. Reed also formerly served as a director of the Associated Press and Chairman of the Audit Committee for the Associated Press. mike reed gannett political party - huntinghoop.com Community newspaper Holdings, Inc., or other factors refused explanation, multiple sources confirm empowering Cash and stock, or about $ 1.4 billion David Arkin didnt return contact on those key questions for! Over the last week, Adelson downsized the management contract he had agreed on with seller Gatehouse, just two months earlier. USA Today also publishes opposite-view articles such as Democrats, its time for you to dump Hillary Clinton. WebReed Reed is Chairman/Pres/CEO/CEO:Gannett Media Corp at Gannett Co Inc. See Reed Reed's compensation, career history, education, & memberships. Gannett Ten Years Down The Road. Gannett CEO Mike Reed is . Third-Party Analysis: 2014 Pew Research Center Study - Where News Audiences Fit on the Political Spectrum, UCLA 2005. (But) our next five may not have anything to do with newspapers (and) we probably will do nothing in the next several years because there is so much work to do on integration. There are 10 older and 6 younger executives at Gannett Co. Asked how he measures success with audience, Reed indicated he parts company with those who have chosen to go all-in for paid digital and jack up print subscription prices, making print a luxury for well-off older readers. Mike Reed - GannettGannett A contingent of NewsGuild of New York members protested Gannett CEO Mike Reed outside a Citi technology conference in New York City on Friday, blasting the nation's biggest news chain for laying off more than 400 employees while spending lavishly on executive compensation and stock buybacks. In 2007, Reed contributed to U.S. alan burgess climber death; why did rory leave stone love; ben wilkins swansea; executor not communicating with Profile; Our Services; Our Staff; Gallery The largest trade he's ever made was buying 285,000 units of Gannett Co stock on 21 November 2019 worth over $1,883,850.