web analytics
a

Facebook

Twitter

Copyright 2015 Libero Themes.
All Rights Reserved.

8:30 - 6:00

Our Office Hours Mon. - Fri.

703-406-7616

Call For Free 15/M Consultation

Facebook

Twitter

Search
Menu
Westlake Legal Group > News (Page 54)

The brazen plot against Trump by the Obama FBI and DOJ continues, enabled by a complicit media

The brazen plot against President Trump by the Obama FBI and DOJ continues, enabled by a complicit media. The odor of corruption has long been noxious. But the Democrats and media hold their collective noses.

Westlake Legal Group 694940094001_5988619669001_5988615116001-vs The brazen plot against Trump by the Obama FBI and DOJ continues, enabled by a complicit media Victoria Toensing Joseph diGenova fox-news/tech/topics/fbi fox-news/politics fox-news/opinion/media fox-news/opinion fox-news/news-events/russia-investigation fox news fnc/opinion fnc article 896db78e-7d76-56a0-ba46-9069eff8311a

Real Estate, and Personal Injury Lawyers. Contact us at: https://westlakelegal.com 

Michigan man playing hide-and-seek in abandoned Detroit factory dies, may have fallen down elevator shaft

A game of hide-and-seek took a deadly turn in Michigan’s largest city during the weekend, when a man apparently fell to his death in an abandoned building.

Westlake Legal Group 694940094001_5989226947001_5989232041001-vs Michigan man playing hide-and-seek in abandoned Detroit factory dies, may have fallen down elevator shaft Travis Fedschun fox-news/us/us-regions/midwest/michigan fox-news/odd-news fox news fnc/us fnc article 3314bd12-25c1-5c33-9a57-acaa072edd95

Real Estate, and Personal Injury Lawyers. Contact us at: https://westlakelegal.com 

WATCH: May – “Give this deal a second look”

Real Estate, and Personal Injury Lawyers. Contact us at: https://westlakelegal.com 

USA Today publisher targeted for buyout

DENVER (AP) — The publisher of USA Today has received a $1.36 billion buyout bid from a media group with a history of taking over struggling newspapers and slashing jobs.

MNG Enterprises, better known as Digital First Media, said in a letter to Gannett Co. Monday that its leadership team has failed to show that it can run the company effectively.

The newspaper industry has shrunk and consolidated as readers ditch print papers and go online. Estimated U.S. daily newspaper circulation, print and digital combined, fell 11 percent to 31 million in 2017, according to the Pew Research Center. As recently as 2000, weekday subscriptions totaled 55.8 million.

In just the last three years, employment in newsrooms has fallen 15 percent.

The Wall Street Journal was first to report that the hedge-fund backed MNG has built up a 7.5 percent stake in Gannett, and that it has been rebuffed repeatedly by the company about a sale.

Gannett said Monday that it has received the offer and it’s under review.

Gannett, based in McLean, Virginia, owns dozens of newspapers including the Record in New Jersey and the Arizona Republic in addition to USA Today. It also has a record of buying media companies and slashing costs.

It, like newspapers it has acquired, has faced intense pressure to maintain revenue and attract advertising dollars.

Profit has been in decline for years and in November the company lowered its full-year expectations on weak revenue growth in digital advertising. It is also seeking a new CEO after Robert Dickey announced plans in December to step down this year.

Digital First plans offered $12 per share for Gannett, nearly a quarter above its closing share price Friday of $9.75. Gannett’s shares have rebounded after a rough spell in 2018.

Digital First owns about 200 newspapers and other publications including the Denver Post and Boston Herald. It has a reputation for stringent, painful cost-cutting. Its biggest shareholder is Alden Global Capital LLC, a New York hedge fund that invests in distressed companies.

In April, The Post published the editorial headlined “As vultures circle, The Denver Post must be saved,” calling on Alden Global Capital to sell the newspaper after it cut 30 more positions in the newsroom, leaving it at a fraction of its size just a few years ago. Then in May , three top figures at the Denver Post, including its former owner, resigned amid budget and staff cuts.

But jobs are being slashed all over at newspapers.

In July media company Tronc Inc. cut half of the New York Daily News’ newsroom staff, including the paper’s editor in chief.

Source

Real Estate, and Personal Injury Lawyers. Contact us at: https://westlakelegal.com