 |
McClatchy Co. has turned to BGR Government Affairs for strategic guidance and counsel on pension issues as the nation’s third-largest newspaper publisher wants a federal bailout of its underfunded pension fund.
The owner of 30 newspapers, including the Miami Herald, Charlotte Observer and Kansas City Star, asked the Pension Benefit Guaranty Corp. in November to assume control of its pension fund assets and obligations because it will not be able to make the required $124M contribution in 2020.
McClatchy posted a $287M operating loss on $526M in nine-month revenues. Its stock trades at 50 cents. The 52-week range is $8.21 and 29 cents.
BGR’s corporate counsel Dan Murphy, who was chief of staff to Dept. of Housing and Urban Development Secretary Mel Martinez, represents McClatchy.
He's joined by Loren Monroe, Cassidy Assocs. alum and legislative aide to former Sen. Pete Domenici (R-NM); and Joseph Lai, president Trump’s ex-special assistant for legislative affairs.
Anthropic, the artificial intelligence company banned by Defense Secretary Hegseth, has hired Ballard Partners for DC representation.
The Qatar Foundation for Education, Science and Community Development enrolls Venable for government relations services.
Coinbase has hired Checkmate Government Relations, which has close ties to the Trump administration, to handle matters related to digital assets as the Senate works on the Clarity Act.
Peter Thiel-backed Palantir Technologies has added Democratic firm Ferox Strategies to its DC lobbying line-up to handle data analytics and technology issues.
Former congressmen Joe Crowley (D-NY) and Jeff Denham (R-CA) have signed on to handle the “new” TikTok on issues related to internet technology and learning-enabled platforms.
