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Company Description (as filed with the SEC)
New Media Investment Group Inc. ("New Media," "Company," "us," or "we"), was formed as a Delaware corporation on June 18, 2013. Pursuant to the Restructuring, Newcastle Investment Corp. ("Newcastle") owned approximately 84.6% of New Media until February 13, 2014, upon which date Newcastle distributed the shares that it held in New Media to its shareholders on a prorata basis. New Media had no operations until November 26, 2013, when it assumed control of GateHouse Media, LLC (formerly known as GateHouse Media, Inc.) ("GateHouse" or "Predecessor") and Local Media Group Holdings LLC ("Local Media Parent"). GateHouse was determined to be the predecessor to New Media, as the operations of GateHouse comprise substantially all of the business operations of the combined entities. Both New Media and Newcastle are externally managed and advised by an affiliate of Fortress Investment Group LLC ("Fortress"). ... More ...
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|Annual EPS Est:||$0.63|
|Quarterly EPS Est:||0.4|