Another Nail in the Coffin’ of Democracy and Journalism as US Newspaper Giants Gannett and GateHouse Announce $1.4 Billion Merger
by Jake Johnson
Posted August 29, 2019
Members of the press and democracy advocates issued grave warnings about the future of journalism in the United States on Monday after the nation’s two largest newspaper publishers unveiled plans for a $1.4 billion merger that, if approved, will spawn an “unprecedented” media conglomerate.
GateHouse Media announced Monday that it will purchase Gannett, which owns USA Today and other major American newspapers. While the media giants touted their commitment to “journalistic excellence” in a press release, the merger announcement came with plans for $300 million in annual budget cuts.
Journalists immediately raised alarm that the GateHouse-Gannett merger could be another devastating blow to crucial on-the-ground local reporting. More…
According to Common Cause, a “combined GateHouse-Gannett entity would own one in every six newspapers in the nation and control over 100 local news operations.”
Shouldn’t we be opening up additional voices to be heard, rather than limiting the options available? How has media consolidation worked out so far?