BNET Industries
Market Cap:$12.7M
Last Fiscal Year Sales:$588.9M
- Public
- US
Dow Jones Description
Print & Online Media Services
Chief Executive Officer
Michael E. ReedNumber of Employees 7,212
Contact Information
350 Willowbrook Office Park
Fairport, New York 14450
(585) 598-0030
Peer Companies
NAICS Code Newspaper Publishers: 511110
Recent Events
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GateHouse Media Announces Third Quarter 2009 Results
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Credit downgrade cites GateHouse debt burden
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GateHouse Media Announces Second Quarter 2009 Results
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Publishing in red ink
News & Analysis
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gatehouse media inc. - All News and Analysis
'Dangerous' Link Aggregation Claim Settled out of Court
Seth Gilbert submits: On December 22nd, Gatehouse Media GHS filed suit against a Goliath, charging the New York Times Co. NYT with a host of copyright and trademark violations for practices at Times’ owned Boston.com website and its affiliated properties. At issue was Boston.com’s aggregation and reprinting of...
GateHouse - NYT Deal: A Bad Precedent
Mathew Ingram submits: It’s going to take some time to think through the implications of the settlement PDF link announced today between the New York Times Co. NYT and GateHouse Media GHS, over the issue of NYT’s Boston.com site aggregating content from local sites belonging to GateHouse, but...
GateHouse Tries Turning Back the Hands of Internet Time
Mathew Ingram submits: With David Carr’s argument that newspapers should ignore the Web only a few days old — not to mention Joel Brinkley’s suggestion that anti-trust violations are a viable business model — I thought the market for stupid newspaper-related activity was pretty well saturated. But apparently I...
If You Can't Stand the Links, Get Off the Web
Jeff Jarvis submits: The more I think about it, the angrier I get at Gatehouse GHS for its dangerous and hypocritical crusade against links. Links are the bloodstream of the web, carrying its oxygen. Links are how original journalism will get audience, traffic, branding, attention, credit, and monetization....
When Did Gatehouse Get Clueless?
Jeff Jarvis submits: Gatehouse GHS has been a smart if small -- and getting smaller (stock=$0.04-$0.05; down 99.05% in a year; market cap=$2.1 million) -- local media company. It is, for example, going into competitors’ markets to compete with them online with hyperlocal blogs. So I just can’t wait...
GateHouse Media Inc. Q3 2008 Earnings Call Transcript
Earnings Call ExcerptGateHouse Media Inc. GHS Q3 2008 Earnings Call November 7, 2008 10:00 am ET Executives Mike Reed - Chief Executive Officer Mark Maring - Chief Financial Officer Presentation Operator Good day everyone and welcome to the conference call with GateHouse Media regarding the company’s third...
GateHouse Media Q2 2008 Earnings Call Transcript
Question-and-Answer Session Operator Operator Instructions And our first question will come from Lee Westerfield with BMO Capital Markets. Leland Westerfield - BMO Capital Markets Thank you. Good morning, gentlemen. Two questions, if I may; first, if you can add some color as to the business conditions in Massachusetts...
GateHouse Media Q1 2008 Earnings Call Transcript
Question-and-Answer Session Operator Operator Instructions We’ll go first today to John Janedis of Wachovia. John Janedis - Wachovia Thank you. Mike, can you give more color on maybe some of the more regional trends and what you are seeing at the acquired properties like Morris, Copley, Gannett, and even...
GateHouse Media, Inc. Q4 2007 Earnings Call Transcript
Question-and-Answer Session Thank you. Ladies and gentlemen if you would like to ask a question please press *1 on your touchtone telephone keypad at this time. If you are using a speakerphone we do ask that your mute function is turned off to allow your signal to...
Gatehouse Media Q3 2007 Earnings Call Transcript
Question-and-Answer SessionOperator Thank you, Sir. Today’s question and answer session will be conducted electronically. Operator Instructions. And we’ll take our first question from John Janedis of Wachovia. John Janedis – Wachovia Hi. Thank you. Good morning. Michael E. Reed Morning, John. John Janedis – Wachovia Morning, Mike. Two questions...
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Decision Makers
| Name (plus bio) | Position |
|---|---|
| Michael E. Reed | Chief Executive Officer |
| Randall W. Cope | Co-President and Co-Coo |
| Scott T. Champion | Co-President and Co-Coo |
| Mark R. Thompson | Chief Financial Officer |
| Paul Ameden | Chief Information Officer |
| Richard Daniels | COO, New England |
| Kelly M. Luvison | Executive Vice President |
| Brad Dennison | Vice President |
| Amy V. Kahn | Director of Human Resources |
| Polly G. Sack | General Counsel |
| Burl Osborne | Director |
| Caroll Stacklin | Director |
| Richard L. Friedman | Director |
Board of Directors
| Name (plus bio) | Position |
|---|---|
| Wesley R. Edens | Chairman |
| Randal A. Nardone | Board of Directors |
| William B. Doniger | Board of Directors |
Michael E. Reed became our Chief Executive Officer in February 2006. He was formerly the President and Chief Executive Officer of Community Newspaper Holdings, Inc. ("CNHI") and had served in that capacity since 1999. Mr. Reed served as CNHI's Chief Financial Officer from 1997 to 1999. Prior to that, he worked for Park Communications, Inc., a multimedia company, located in Ithaca, New York. Mr. Reed currently serves on the Board of Directors for the Associated Press and he is also the Chairman of the Audit Committee for the Associated Press. He also serves on the board of directors for the Newspaper Association of America and the board of directors for Inland Newspaper Association. Mr. Reed is currently a member of the Board of Visitors of the University of Alabama's College of Communication and Information Sciences and is a member of the Grady College Journalism School's Board of Advisors.
| Organization | Position | Status |
|---|---|---|
| GateHouse Media, Inc. | Chief Executive Officer | Current |
| Community Newspaper Holdings, Inc. | President & CEO | Former |
| Community Newspaper Holdings, Inc. | Officer | Former |
| Newspaper Association of America | Board of Directors | Former |
Randall W. Cope is our Co-President and Co-Chief Operating Officer responsible for our Southern Midwest Region. Mr. Cope held the position of Executive Vice President from April 2002 until he was named our Co-President and Co-Chief Operating Officer in June 2005. Mr. Cope served as Vice President from December 1998 until he was named our Executive Vice President in April 2002. Mr. Cope also oversees our Specialty Publications Division and national classified advertising network. From 1995 to 1998, Mr. Cope was regional manager and publisher of the Northwest Arkansas Times in Fayetteville, Arkansas, which was owned by APC. Mr. Cope has over 20 years of experience covering all areas of newspaper operations.
| Organization | Position | Status |
|---|---|---|
| GateHouse Media, Inc. | Co-President and Co-Coo | Current |
| GateHouse Media, Inc. | Executive Vice President | Former |
| Northwest Arkansas Times | Regional Manager | Former |
Scott T. Champion is our Co-President and Co-Chief Operating Officer responsible for our Western Region. He served as Regional Executive Vice President from 1999 until he was named our Co-President and Co-Chief Operating Officer in June 2005. He was also a director from January 2000 until June 2005.
| Organization | Position | Status |
|---|---|---|
| GateHouse Media, Inc. | Co-President and Co-Coo | Current |
| GateHouse Media, Inc. | Regional Executive | Former |
Mark R. Thompson became our Chief Financial Officer (CFO) in May 2006. He was formerly Chief Financial Officer of eToys Direct, Inc., an internet retailer and distributor of toys and gifts, from 2005 to 2006. Mr. Thompson currently serves on the board of directors for the Inland Newspaper Association. From 1999 to 2005, Mr. Thompson served as Vice President and Senior Vice President - Finance and IT with Crown Media Holdings, Inc., a public cable programming company with more than 100 million customers. Prior to that, Mr. Thompson was the Controller of Hallmark Cards North America from 1995 to 1999. From 1992 to 1995, Mr. Thompson served as the Corporate Controller of Crown Cable, a cable multiple system operator. From 1990 to 1992, Mr. Thompson served in various positions at Hallmark Cards, Inc. in corporate financial reporting and internal audit. From 1986 to 1990 Mr. Thompson was a CPA with the accounting firm KPMG. Mr. Thompson holds master's and bachelor's degrees in accounting.
| Organization | Position | Status |
|---|---|---|
| GateHouse Media, Inc. | Chief Financial Officer | Current |
| Etoys Direct, Inc. | Chief Financial Officer | Former |
| Crown Media Holdings Inc. | Vice President, Finance | Former |
| Etoys Direct, Inc. | Distributor | Former |
| Hallmark Cards, Inc. | Former |
From February 1996 to April 2000, Mr. Ameden was director of Professional Services for Questra Corporation's Customer Relationship Management Practice and was responsible for developing service delivery capability for package based software implementation. From 1988 to February 1996, Mr. Ameden held numerous positions at Eastman Kodak Corporation.
| Organization | Position | Status |
|---|---|---|
| GateHouse Media, Inc. | Chief Information Officer | Current |
| Eastman Kodak Company | Former |
| Organization | Position | Status |
|---|---|---|
| GateHouse Media, Inc. | COO, New England | Current |
| Affiliated Publications, Inc. | President | Former |
| The Boston Globe Newspaper Company | President | Former |
Kelly M. Luvison is an Executive Vice President and has primary responsibility for our Atlantic Region. Mr. Luvison served as a regional manager for us since January 1998, was appointed a Vice President in January 2000 and Executive Vice President in April 2002. Prior to January 1998, Mr. Luvison was a regional manager for APC. Since 1996, Mr. Luvison has been publisher of The Evening Tribune in Hornell, New York, a newspaper we currently own, in addition to his duties as a regional manager and Vice President.
| Organization | Position | Status |
|---|---|---|
| GateHouse Media, Inc. | Executive Vice President | Current |
| GateHouse Media, Inc. | Regional Manager | Former |
Brad Dennison was named Vice President of Content/News Operations in January 2007. He was formerly Vice President of News with Birmingham, Ala.-based Community Newspaper Holdings Inc., from 2004 to 2006. Mr. Dennison has held various management positions with metro newspapers, including The Augusta (Ga.) Chronicle, The Daily Southtown on Chicago's South Side and the Chicago Sun-Times, where he was a lead developer for one of the first 18- to 34-year-old tabloids in the country. Earlier in his career, he served as a reporter, city editor and managing editor for community newspapers in the Midwest and South. Mr. Dennison has won numerous professional awards, including two national honors, and is a speaker and supporter of the Associated Press Managing Editors Association groundbreaking NewsTrain program.
| Organization | Position | Status |
|---|---|---|
| GateHouse Media, Inc. | Vice President | Current |
| Chicago Sun Times | Current | |
| Community Newspaper Holdings, Inc. | Vice President, Editorial | Former |
Amy V. Kahn, SPHR became our Director of Human Resources in July 2006. She has over 18 years experience in Human Resources, including Vice President of Human Resources for AAA Rochester, New York, Assistant Vice President of Human Resources for AAA Western & Central New York, Payroll/Benefit & Compensation Plans Manager at Getinge USA, Inc. and various roles of progressive responsibility at Chase Manhattan Bank, N.A. and Fiserv, Inc. where she was the Assistant Vice President and Regional Manager of Human Resources. She also served as President of a Buffalo, New York based jewelry manufacturing company. In addition to her expertise in Benefits, Compensation, Employee Relations and Payroll, Amy has been instrumental in mergers, and acquisitions at several previous employers. Amy earned her MBA in Human Resources and her BA in Organizational Communication from the State University of New York at Buffalo. She obtained her Senior Professional in Human Resources (SPHR), a nationally recognized certification of expertise in all areas of Human Resources, from the Society for Human Resource Management (SHRM). Amy is active in many community not-for-profit agencies and has served on several boards of directors in capacities such as President, Executive Vice President and Treasurer.
| Organization | Position | Status |
|---|---|---|
| GateHouse Media, Inc. | Director of Human Resources | Current |
| Fiserv, Inc. | Current | |
| Getinge USA, Inc | Assistant Vice President | Former |
| Getinge USA, Inc | Assistant To Regional Manager | Former |
| State University of New York at Buffalo | Ba In Organizational Communication | Former |
Polly G. Sack became our General Counsel in May 2006. She was formerly Senior Vice President and Director of Mergers and Acquisitions of IMG Worldwide, Inc. ("IMG"), a global sports, media and entertainment company, and had served in that capacity since 2001. Ms. Sack also served as IMG's associate counsel and a vice president from 1992 to 2001. Prior to that, she worked in private practice for a major international law firm. Ms. Sack holds bachelor's degrees in civil engineering and mathematics and a master's degree in civil engineering, in addition to a law degree.
| Organization | Position | Status |
|---|---|---|
| GateHouse Media, Inc. | General Counsel | Current |
Wesley R. Edens is the Chairman of the board of directors and the Chief Executive Officer of Fortress Investment Group LLC ( Fortress ). Mr. Edens has been a principal and the Chairman of the Management Committee of FIG LLC ( FIG ) since co-founding FIG in May 1998. Mr. Edens is responsible for the Fortress private equity and publicly traded alternative investment businesses. He is also the Chairman of the board of directors of each of Aircastle Limited, Brookdale Senior Living Inc., Eurocastle Investment Limited, GateHouse Media, Inc., Mapeley Limited and Newcastle Investment Corp. and a director of GAGFAH S.A. Mr. Edens served as the Chief Executive Officer of Newcastle Investment Corp. since inception until February 2007. Mr. Edens was the Chief Executive Officer of Global Signal Inc. from February 2004 to April 2006 and the Chairman of the board of directors from October 2002 to January 2007. Mr. Edens serves in various capacities in the following five registered investment companies: Chairman, Chief Executive Officer and Trustee of Fortress Registered Investment Trust and Fortress Investment Trust II; Chairman and Chief Executive Officer of Fortress Brookdale Investment Fund LLC and Fortress Pinnacle Investment Fund LLC and Chief Executive Officer of RIC Coinvestment Fund LP. Prior to forming Fortress, Mr. Edens was a partner and a managing director of BlackRock Financial Management Inc., where he headed BlackRock Asset Investors, a private equity fund. In addition, Mr. Edens was formerly a partner and a managing director of Lehman Brothers. Mr. Edens received a B.S. in Finance from Oregon State University.
| Organization | Position | Status |
|---|---|---|
| The Fortress Corporation | Founder | Current |
| Brookdale Senior Living Inc. | Chairman | Current |
| Eurocastle Investment Limited | Chairman of The Board of Directors | Current |
| Newcastle Investment Corp. | Chairman of The Board of Directors | Current |
| Fortress Investment Group LLC | Co-Chairman | Current |
| GateHouse Media, Inc. | Chairman | Current |
| Aircastle Limited | Chairman of The Board and Class III Director | Current |
| Penn National Gaming, Inc. | Board of Directors | Current |
| Crown Castle International Corp. | Board of Directors | Current |
| Newcastle Investment Corp. | Chief Executive Officer | Former |
| Fortress Investment Group LLC | Chief Executive Officer | Former |
| Impac Commercial Holdings, Inc. | Chairman & Chief Executive Officer | Former |
| Global Signal Inc. | Chief Executive Officer | Former |
| Lehman Brothers Holdings Inc. | managing director | Former |
| Lehman Brothers Holdings Inc. | partner | Former |
| UBS Securities LLC | head of Global Principal Finance | Former |
| Fortress Investment Group LLC | Founding Principal | Former |
| BlackRock Financial Management, Inc. | Former | |
| Crown Castle International Corp. | Chairman | Former |
| Alterra Healthcare Corporation | Chairman | Former |
| GateHouse Media, Inc. | Board of Directors | Former |
| Capstead Mortgage Corporation | Director | Former |
| Oregon State University | B.S., Finance | Former |
| Organization | Position | Status |
|---|---|---|
| The Dallas Morning News Co. | Publisher Emeritus | Current |
| The Associated Press | Chairman | Current |
| Use Limited | Chairman of The Associated Press | Current |
| Freedom Communications Inc. | Board of Directors | Current |
| GateHouse Media, Inc. | Director | Current |
| The Dallas Morning News Co. | Director | Current |
| J.C. Penney Company, Inc. | Corporate Governance Committee Member | Current |
| Belo Corp. | President | Former |
| Commonwealth of Pennsylvania | licensed real estate agent | Former |
| J.C. Penney Company, Inc. | Human Resources & Compensation Committee Chairman | Former |
| Newspaper Association of America | Director | Former |
| J.C. Penney Company, Inc. | Director | Former |
| Belo Corp. | Board of Directors | Former |
| Long Island University | Master of Business Administration Degree | Former |
| Marshall University | Bachelor of Arts Degree | Former |
Caroll Stacklin has served as Director of Strategic Operations for GateHouse Media since August 2005 and is presently also serving as Acting Publisher of the Suburban Chicago Newspaper Group. Ms. Stacklin has served in various positions with GateHouse Media since 2000. Ms. Stacklin, who has over 15 years experience in the newspaper industry, held positions with the Chicago Tribune, the Milwaukee Journal-Sentinel and Gannett Co., Inc. prior to joining GateHouse Media. Ms. Stacklin received her bachelor's degree from Pennsylvania State University and her MBA from Northwestern University - Kellogg School of Management.
| Organization | Position | Status |
|---|---|---|
| GateHouse Media, Inc. | Director | Current |
| Kellogg School of Management at Northwestern University | Mba | Former |
| The Pennsylvania State University | Bachelor's Degree | Former |
| Organization | Position | Status |
|---|---|---|
| Impac Commercial Holdings, Inc. | Secretary | Current |
| GateHouse Media, Inc. | Board of Directors | Current |
| Aircastle Limited | Board of Directors | Former |
| Organization | Position | Status |
|---|---|---|
| Berkeley Charles Hotel | President and Chief Executive Officer | Current |
| GateHouse Media, Inc. | Director | Current |
| The Steppingstone Foundation | Director | Current |
| Carpenter Co. | President and CEO | Former |
| Carpenter Co. | Founder | Former |
| Dartmouth College | B.A. | Former |
| Organization | Position | Status |
|---|---|---|
| GateHouse Media, Inc. | Board of Directors | Current |
Executive News
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Q&A: What bankruptcy of Register's owner means
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'Orange County Register' Files for Bankruptcy
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Freedom Receives Approval of First Day Motions
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Freedom Enters Chapter 11
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Gaston Gazette parent files Chapter 11
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Owner of 9 papers in N.C. seeks bankruptcy
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Freedom Communications Files For Bankruptcy Protection - Update 1
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Freedom Communications files for bankruptcy protection
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Yuma Sun parent company files for Chapter 11
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Freedom files Chapter 11
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Freedom Communications Files for Bankruptcy Protection
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Newspaper publisher Freedom files for bankruptcy
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O.C. Register publisher files for Chapter 11 bankruptcy
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Freedom Communications Files for Bankruptcy
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Freedom Reaches Agreement with Lenders to Restructure Debt
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WSJ: Freedom Eyeing Bankruptcy
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Report: East Valley Trib parent likely to file Ch. 11
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Ex-WSJ publisher among picks to lead Star Tribune
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Reports: Register parent Freedom Communications in talks with lenders
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