Blogs are constantly being accused of getting all their content from mainstream media. Unless the blogger is doing original reporting, there’s some truth to that. Pundit-style bloggers do get most of their information from media reports. Some of ‘em even cut and paste parts of the articles they use as source material. I’m one of [...]

Via Editor & Publisher:
CHICAGO GateHouse Media Inc. stock will be de-listed by the New York Stock Exchange before the market opens this Friday, the exchange’s regulatory arm announced.
The beleagured community newspaper publisher had submitted a plan for getting back into compliance for listing — but NYSE Regulation Inc. said it decided not to give [...]

Welcome to the club:
By a vote of 24 to 7, the 35 person unit of the Pekin Times in Pekin, Illinois, have chosen the St. Louis Newspaper Guild as their bargaining representative.
Folks at the Peoria Journal Star were worried that GateHouse Media would go after the union. Perhaps the company too busy surviving their own [...]

Via the Turner Report:
GateHouse Media stock fell to an all-time low of 39 cents per share at the close of trading today [Tuesday]. The previous low was 40 cents.
The price was down 19 cents or 32.76 percent from Monday.
I’m sure much of this is due to the all-around crappy condition of the stock market these [...]

Via Editor & Publisher: The employee-owned Omaha World-Herald Co. bought two daily newspapers from GateHouse Media: The Grand Island Independent (20,500 circulation) and the York News-Times (4,700). GateHouse has owned the newspapers only since last fall when it bought 14 dailies from Morris Communication Co.
GateHouse owns the Peoria Journal Star, the Pekin Daily Times, the [...]

Editor’s note: Frequent commenter Bookwoom left the following comment on another post. I thought it important enough for a post. I’m reprinting the whole thing, but I’m embedding the links.
Speaking of media issues, not sure this belongs here, but there have been some new developments on the GateHouse Media death watch beat in the past [...]

What does the New York Times, considered by some to be the newspaper of record for America, have in common with newspapers owned by GateHouse Media, including the Journal Star?
Apparently, dividend cuts:
New York Times Co. faces increased financial pressure to cut its dividend as credit quality deteriorates amid record advertising declines.
Bondholders are paying for the [...]

In an un-bylined article, the Journal Star reported on parent company GateHouse Media’s 2nd quarter statement and conference call. It’s the first coverage the PJS has given the company since the company’s stock prices fell below $1.
The article stated that GateHouse was suspending dividend payments and was going to use the money to pay down [...]

This time, the victims are the folks who rely on the McPherson (Kan.) Sentinel. And the press release they printed on the front page makes it sound like just another run of the mill business decision, much like switching from brand-name coffee to the generic stuff in the cafeteria.
But they ARE going to update the [...]

GateHouse Media — which closed at 44 cents a share on Friday — opened at 60 cents, then dropped down to 40 cents. It hovered around 43 cents most of the day. Two minutes before closing, Marketwatch was telling me the stock was worth 40 cents, but at close, the stock had rallied to 50 [...]