Wednesday, May 23, 2007

GateHouse Media to partner with Yahoo



Yahoo recruitment advertising will soon be featured on the websites of The Carthage Press and the Neosho Daily News, thanks to an agreement announced today by GateHouse Media and Yahoo officials:

GateHouse Media, Inc. (NYSE: GHS) announced today that it has partnered with Yahoo! HotJobs as part of a larger local media consortium to provide recruitment advertising services to its daily and more than 160 weekly newspapers nationwide. The addition of GateHouse to the consortium of newspapers significantly expands the number of local newspapers that have teamed with Yahoo! to advance this leading recruitment brand, and it brings the first participating weeklies to the network.

"We are very pleased to be partners with Yahoo! HotJobs in what we see as the fast-growing online employment space," said GateHouse Media CEO Mike Reed. "We feel it is important to bring state-of-the-art technology and a strong brand name to the employers we serve in each of our local markets across the country. This relationship is designed to help us do just that, as well as ensure our consumers have the most comprehensive job selection tools, enabling them to find fulfilling career opportunities in the markets where they work and live.

"We believe this alliance will put GateHouse in a position to significantly enhance online audience and revenue opportunities, and we are excited to get this program rolled out," Reed added. "We are committed to maximizing our online business and to providing all of our products nationwide with best-of-breed Internet solutions. Yahoo! HotJobs, with its cutting edge recruitment and search technologies, leads the field in this area."

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