Gannett to Merge with New Media

On Monday it was announced that Gannett Inc., the parent company of the Times Herald in Port Huron, has entered into a definitive merger agreement with New Media Investment Group Inc. According to Gannett’s website, in the merger “New Media” will acquire Gannett through their subsidiary, Gate-House Media.   Paul Bascobert, a Michigan native, has been named CEO of the new subsidiary company. In addition to the Times Herald, Gannett also owned several other newspaper and media outlets locally and nationwide including the Detroit Free Press, the Lansing State Journal, and USA Today.