Major battles loom for GateHouse journalists
October 2, 2013
Journalists from all the GateHouse/New Media properties need to come together to fight for their craft, their institutions and their communities. GateHouse managers are painting a pretty picture of life after bankruptcy. The existing properties will merge with the old...
TNG monitors GateHouse bankruptcy for its members
October 2, 2013
The Newspaper Guild and its parent union, the Communication Workers of America, is closely monitoring the GateHouse bankruptcy proceedings. At the moment it appears no existing Guild contracts will be impacted by this pre-packaged bankruptcy. It also appears the United...
Mary Junck gets $500,000 bonus
March 27, 2012
According to a Lee Enterprises filing with the SEC, CEO Mary Junck has received a $500,000 bonus related to Lee's successful refinancing. Additionally, Carl Schmidt, vice president, CFO and treasurer, received a $250,000 bonus. Junck and Schmidt are the fiscal geniuses who way overpaid...
January 13, 2012
Copy of the text from a letter emailed to Jim Romenesko. Thursday Jan. 12, 2012 Dear Mr. Romenesko, St. Louis Post-Dispatch columnist Bill McClellan wrote a great column on Jan. 8, 2012, about Post-Dispatch retiree Robert Douglas, who passed away...
December 28, 2011
The United States Bankruptcy Court for the District of Delaware has scheduled a Disclosure Statement Hearing for 2:00 p.m. on January 23. As reported earlier, there appear to be no major obstacles to this process going forward...
December 13, 2011
Lee Enterprises formally submitted the necessary paperwork in Wilmington, Deleware bankruptcy court this morning to refinance its roughly one billion dollar debt. Lee's action came after the media corporation announced last week that it would enter into Chapter...
Lee announces it will file for bankruptcy
December 2, 2011
Today Lee Enterprises announced plans to file a "pre-packaged" Chapter 11 bankruptcy to restructure part of it's debt. Read the updated story in the Post-Dispatch here. The Guild is working to figure out exactly what it means for the employees...
Lee Enterprises & bankruptcy: What are the odds?
September 21, 2011
By Jim Gallagher, Treasurer United Media Guild Lee Enterprises is struggling to refinance its debt, and that has implications for our jobs at the Post-Dispatch. The Guild will vigorously defend its members’ interest in this matter. Members have been asking...