New Media and ZipRecruiter Announce Agreement to Transform Hiring in Over 550 Markets Across the U.S.
September 19 2017 - 6:45AM
Business Wire
New Media Investment Group Inc. (“New Media” or the “Company”,
NYSE: NEWM), one of the largest publishers of locally based print
and online media in the United States as measured by number of
publications, announced today that ZipRecruiter, the fastest
growing online employment marketplace, will be the exclusive
provider of recruitment advertising to all of the Company’s print
and online newspaper pages. Beginning on October 1, ZipRecruiter
powered pages will launch in over 550 markets across the US, to
reach over 21 million readers each week.
Local businesses in New Media’s markets will now be able to
leverage the power of ZipRecruiter’s best-in-class candidate
matching algorithm, which delivers quality candidates to 80% of job
ads posted to ZipRecruiter within the first 24 hours. They will
also have access to its industry-leading email job alert program
and get to do so while maintaining their relationship to their
local newspaper sales representative.
New Media readers who are looking for a new job will also
benefit, as they can now search and apply to jobs through their
trusted, local newspaper faster and easier than ever before. Jobs
posted through the Company papers, whether in print, online, or
both, will also be available to search and apply in ZipRecruiter’s
award-winning mobile job search apps.
“We are very excited about this innovative offering from New
Media and ZipRecruiter,” said Michael E. Reed, New Media President
and Chief Executive Officer. “We are constantly thinking of new
ways we can align ourselves with other leading businesses to
benefit both our readers and the local businesses in the
communities we serve. Leveraging the strengths of ZipRecruiter’s
platform for our employment pages is a perfect example of the
mutual benefit that agreements like these can create.”
“We're excited to team with New Media to power their local
recruitment services,” said Ian Siegel, CEO and co-founder of
ZipRecruiter. ”Our core mission is to quickly connect employers to
great candidates, and this partnership will put our sophisticated
matching technology to work in doing just that for millions of New
Media readers nationwide.”
About New Media Investment Group
Inc.
New Media supports small to mid-size communities by providing
locally-focused print and digital content to its consumers and
premier marketing and technology solutions for our small and medium
business partners. The Company is one of the largest publishers of
locally based print and online media in the United States as
measured by our 125 daily publications. As of June 25, 2017, the
Company operates in over 555 markets across 36 states. New Media’s
portfolio of products, as of June 25, 2017, include over 630
community publications and over 550 websites, serve more than
225,000 business advertising accounts, and reaches over 21 million
people on a weekly basis.
For more information regarding New Media and to be added to our
email distribution list, please visit www.newmediainv.com.
Forward-Looking
Statements
Certain items in this press release may constitute
forward-looking statements within the meaning of the Private
Securities Litigation Reform Act of 1995, including statements
regarding the potential benefits of the agreement. These statements
are based on management’s current expectations and beliefs and are
subject to a number of risks and uncertainties. These and other
risks and uncertainties could cause actual results to differ
materially from those described in the forward-looking statements,
many of which are beyond our control. The Company can give no
assurance that its expectations will be attained. Accordingly, you
should not place undue reliance on any forward-looking statements
contained in this press release. For a discussion of some of the
risks and important factors that could cause actual results to
differ from such forward-looking statements, see the risks and
other factors detailed from time to time in the Company’s Annual
Report on Form 10-K, Quarterly Reports on Form 10-Q and other
filings with the Securities and Exchange
Commission. Furthermore, new risks and uncertainties emerge
from time to time, and it is not possible for the Company to
predict or assess the impact of every factor that may cause its
actual results to differ from those contained in any
forward-looking statements. Such forward-looking statements speak
only as of the date of this press release. The Company expressly
disclaims any obligation to release publicly any updates or
revisions to any forward-looking statements contained herein to
reflect any change in the Company’s expectations with regard
thereto or change in events, conditions or circumstances on which
any statement is based.
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version on businesswire.com: http://www.businesswire.com/news/home/20170919005350/en/
New Media Investment Group Inc.Ashley Higgins,
212-479-3160Investor Relationsir@newmediainv.com
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