Comments on: Media: GateHouse shares plummet 13.4%

By: Peoria Pundit Â» Media: Yet another brand-new all-time low for GateHouse Media

Peoria Pundit Â» Media: Yet another brand-new all-time low for GateHouse Media — Fri, 11 Jul 2008 22:38:50 +0000

[...] closed at $1.81 just [...]

By: anotherexjser

anotherexjser — Fri, 11 Jul 2008 18:13:37 +0000

A slew of people at the paper will be very happy if they never have to hear the word “GateHouse” again.

By: Buy it?

Buy it? — Fri, 11 Jul 2008 16:55:36 +0000

down 22 cents more by noon on 07/13/08 – trading at $1.59. I said weeks in my above posting, now it looks like days.

The Boston area is where Gatehouse has the biggest imprint and also where the it is taking a huge hit on ad revenue. But PIA is on the team. The only hope in PIA is to be sold/traded SOON! Very Sad.

By: The Peoria Chronicle » Blog Archive » Miscellaneous news items

The Peoria Chronicle » Blog Archive » Miscellaneous news items — Fri, 11 Jul 2008 08:20:33 +0000

[...] Gatehouse Media, owner of the Journal Star and the Times-Observer, is losing money hand over fist, Billy Dennis informs us. This is bad news for Peoria. I hope they get the ship righted, or else sell off our newspapers to a company that will manage them better. [...]

By: Billy Dennis

Billy Dennis — Fri, 11 Jul 2008 01:13:05 +0000

The people who work at the PJS are capable of producing quality journalism. But I’ve seen this before. Hell, I’ve experienced this. As the company tanks, enthusiasm levels drop and and the work becomes perfunctory.

I’m NOT gleeful about this.

Peoria needs a vital daily newspaper.

By: anotherexjser

anotherexjser — Fri, 11 Jul 2008 00:44:03 +0000

OK, everybody check your zippers. Your Schadenfreude is showing. There’s nothing good about what’s happening.

I still think the Journal Star is a quality property, and I hope what’s left of a great institution can survive and, maybe, flourish again.

By: Buy it?

Buy it? — Thu, 10 Jul 2008 23:33:55 +0000

The dividend is .$80 or 36.40% of today’s close. Do you think they will pay it? By the looks of things, most people don’t think so.

I have updated my yahoo.com homepage with GHS just to watch it crash and burn completely to the ground in the next couple of weeks. . The papers live by crash and burn stories and now it is their turn on the front page. Sad in that it is going to impact a lot of friends here in Central Illinois

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