Nate Feltman takes bigger stake in IBJ, assumes CEO role
Michael Maurer and Bob Schloss, who have owned IBJ Media since 1990, have reduced their ownership stakes to 25% apiece.
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Feltman takes bigger stake in IBJ, assumes CEO role
Nate Feltman’s purchase of a controlling interest in IBJ Media is a milestone for the 40-year-old company, which has been owned by Indianapolis businessmen Mickey Maurer and Bob Schloss since 1990.
Gannett names USA Today regional editor to lead Indianapolis Star newsroom
Katrice Hardy will become the first African-American and first woman to hold the title of executive editor at The Indianapolis Star.
Help IBJ celebrate 40th anniversary by looking back, forward
In the coming weeks, we’ll be seeking your input to identify the 40 most influential people in central Indiana over the last 40 years, to identify the top stories of the last 40 years and to dream up 40 great ideas to move our community forward in the decades to come.
Warren Buffett getting out of newspaper business
Buffett is a lifelong fan of newspapers but he has said for several years that he expects most of them to continue on their declining trajectory, save for a handful of national papers.
GateHouse, Gannett join, become largest U.S. newspaper chain
Executives of the combined company, which will keep the Gannett name, acknowledged there will be layoffs—the company has committed to cutting $300 million in annual costs.
Gannett-GateHouse merger will help investors, harm journalists, union report says
The country’s leading newspaper union issued a scathing analysis of the proposed Gannett-GateHouse merger Friday, saying the deal would drive down wages and employment for journalists at hundreds of newspapers. The merger will affect a dozen newspapers in Indiana.
Hendricks County Icon grows in tough newspaper times
In the wake of the May closure of The Hendricks County Flyer, Grow Local Media is expanding its own Hendricks County paper.
Bleak newspaper-industry outlook spurs buyout of Star parent
On Aug. 5, GateHouse—a New York-based chain backed by an investment firm—announced a deal to buy Gannett for $1.4 billion.
GateHouse buying Indianapolis Star parent Gannett for $1.4B
Two of the country’s largest newspaper companies have agreed to combine in the latest media deal driven by the industry’s struggles with a decline in printed newspaper sales.
Report: Newspaper chains Gannett, GateHouse in ‘advanced’ merger talks
The Wall Street Journal reports that a deal could be announced in the coming weeks. Gannett owns The Indianapolis Star and a number of smaller Indiana newspapers.
Journalism job cuts haven’t been this bad since recession
The level of attrition is the highest since 2009, when the industry saw 7,914 job cuts in the first five months of that year in the wake of the financial crisis.
IBJ wins 10 national awards for business coverage
IBJ took top honors from the Alliance of Area Business publications for best coverage of local breaking news, best local coverage of national news, and best specialty e-newsletter.
Gannett shareholders reject hedge fund’s board candidates
The vote, completed at Gannett’s annual meeting, amounted to a rejection—possibly the final one—of Alden’s attempt to acquire Gannett through a hostile takeover launched in January by its Media News Group unit.
Hendricks County Flyer newspaper publishes last issue
In a story at the top of the final issue, the paper said it closed “the shopper due to challenging market conditions.” The paper was delivered free by carriers to 15,000 readers on Wednesdays and Saturdays.
IBJ wins 11 awards—including six first places—in Indiana journalism contest
Reporter John Russell won four awards, while the newspaper’s art team swept the Page 1 design category, at the Best in Indiana competition hosted by the Indiana Professional Chapter of the Society of Professional Journalists.
Award-winning artist Gary Varvel to create cartoons for IBJ
Varvel will contribute a cartoon twice a month to IBJ’s op-ed pages. He joins Shane Johnson, who has been an IBJ editorial cartoonist for seven years and will continue as a regular cartoonist for the publication.
Indiana Senate panel votes down sheriff’s sale notification bill
The Senate Local Government Committee voted 5-4 on Thursday against House Bill 1212, which would have mandated that sheriff’s offices advertise foreclosure sales online rather than in printed newspapers.
IBJ captures two journalism awards in annual Best in Business competition
IBJ’s podcast and “One City, Worlds Apart” series received international journalism honors from the Society for Advancing Business Editing and Writing in the organization’s annual Best of Business competition.
Nuvo reinvents itself as not-for-profit, online publication
The founder of the local alternative weekly revealed Monday that the publication has radically shifted its business model in the wake of news that it has discontinued its print edition after 29 years