Wednesday, March 02, 2022

G/O Media Workers From Gizmodo, Jezebel, Kotaku and More Go on Strike

Todd Spangler 
© Courtesy of WGA East/GMG Union


Members of a union representing about 100 editorial staffers at G/O Media publications — including Jezebel, The Root, Lifehacker, Kotaku, Jalopnik and Gizmodo — have gone on strike after its contract with the company expired Monday at midnight.

Gizmodo Media Group Union, organized with the Writers Guild of America, East, unanimously approved the strike (with 93% of members voting) after the union’s second contract expired Feb. 28. Members of the GMG Union began picketing outside G/O Media’s offices at 1290 Avenue of the Americas in New York City on Tuesday.

In a statement, the GMG Union said, “In 2015, this union broke new ground when it organized the first digital media union. Now, GMG Union will break ground yet again: We are the first digital media shop to go on an open-ended strike for a fair contract.”

The GMG Union said it has been engaged in “good-faith negotiations” with G/O Media since late January. “At every step, G/O Media has slowed down the process with a lack of preparedness and stalling tactics,” it said.

The union is asking G/O Media to maintain its cap on healthcare costs; guarantee minimum wage increases; add trans-inclusive health coverage (compliant with World Professional Association for Transgender Health guidelines); and maintain parental leave benefits. The union comprises roughly 100 reporters, editors, artists, podcasters, social media specialists and videographers.

In a memo sent Tuesday to G/O Media staff, CEO Jim Spanfeller wrote that he was “disappointed we could not come to terms on the current GMG Union contract. We bargained in good faith right up until the deadline late last night when the Union voted to cut off talks and strike.” Spanfeller claimed that the terms G/O Media offered the union were “not only equivalent to, but in some instances better than, terms agreed to by The Onion Union (GMG’s sister union here at G/O) just one year ago.”

“We are struggling to understand why terms agreed to by half the editorial union members last year are not acceptable to the other half now,” Spanfeller wrote in the memo. “Unfortunately, that puts G/O Media in an untenable position with regard to these current negotiations.”

G/O Media was formed in 2019 after Univision sold Gizmodo Media Group and The Onion to private-equity firm Great Hill Partners and Spanfeller, who owns a minority stake in the company. Univision had in 2016 bought several assets of Gawker Media in a bankruptcy auction (which didn’t include Gawker.com, owned by Bustle Digital Group).

With the strike vote, the GMG Union launched a GoFundMe fundraiser to provide support for union members “who will suffer financial duress from this interruption to their normal pay and benefits.” By 3 p.m. ET on March 1, the campaign had raised $32,279 of the $45,000 goal.

The union posted photos of the picket line Tuesday on social media:



 

Kotaku and Gizmodo Media Group workers strike

Gaming site staff and counterparts from other sites say G/O Media has refused to provide written counterproposals to good-faith bargaining efforts

The Gizmodo Media Group Union went on strike today, with staff at Kotaku, Gizmodo, Jalopnik, Jezebel, Lifehacker, and The Root all halting work and asking people not to visit their sites for the duration of the strike.

The group's existing contract with G/O Media expired last night, and the union identified a number of issues on which it could not come to an agreement with the company for a new contract.

"Since January 31, the Gizmodo Media Group Union (GMG Union) and G/O's Media's outside counsel have met five times," GMG Union said. "Every session, the company's outside counsel sidestepped and delayed, refusing to provide written counterproposals to the union's good-faith proposals. How can you bargain a contract when the people across the table won't even clearly state what they're advocating for?"

The union said G/O Media was refusing to add work-from-home flexibility into the contract or commit to keeping its remote workers remote. (Earlier this year, G/O Media saw almost half of The AV Club staff depart when they were given the choice of relocating to Los Angeles or losing their jobs.)

The union also criticized the company as being unwilling to commit to healthcare standards for trans employees, sufficient parental leave, or diversity hiring initiatives, as well as "lowballing" salaries.

"Kotaku staff is [very] trans, non-binary, and genderqueer," Kotaku editor-in-chief Patricia Hernandez said on Twitter. "I stand with them, and everyone else at G/O Media fighting for better working conditions to make the content that you love."

The union said 93% of its membership participated in a strike authorization vote, and 100% of those voting were in favor of the action. It has also set up a strike fund to support its workers.

G/O Media did not immediately return a request for comment.

 

Writers from Gizmodo, Jezebel, Kotaku, and More Are On Strike

GMG writers hold signs as they strike outside of office

Workers in the Gizmodo Media Group (GMG) Union, which includes staff writers for Gizmodo, Jezebel, Kotaku, Jalopnik, Lifehacker, and The Root, have announced that they’re on strike after their contract with G/O Media expired Monday night at midnight. The strike includes both a physical and a digital picket line. Workers are asking people not to read or accept freelance work from any of the six websites listed above, and they’re also inviting people to march with them in solidarity outside the G/O Media offices at 1920 Avenue of the Americas in New York City.

Why is the GMG Union Striking?

According to the GMG Union’s website, the union is fighting for six concessions from G/O Media in a new contract: keeping a cap on healthcare costs and offering trans-inclusive healthcare; offering higher salaries to new employees; offering more expansive parental leave; codifying remote work options; making diverse hiring a priority; and avoiding possible forced relocations for workers. The GMG Union claims that G/O Media has met with the union five times but has failed to adequately address the union’s concerns.

“Every session,” the Union says in a statement, “the company’s outside counsel sidestepped and delayed, refusing to provide written counterproposals to the union’s good-faith proposals. How can you bargain a contract when the people across the table won’t even clearly state what they’re advocating for?”

GMG has been embroiled in ongoing labor disputes with G/O Media ever since they were acquired by Great Hill Partners in 2019 and Jim Spanfeller, who is allegedly a herb, was hired to oversee the company.

The NewsGuild of New York, which represents over 3,000 journalists in New York City, has released a solidarity statement, writing that “when Management slow-walks negotiations, as they are with GMG Union, it is an effort to weaken worker power. Management is relying on standard anti-union stalling tactics in a misguided attempt to sap the strength and determination of union members who are fighting for a strong collective bargaining agreement.” (GMG Media writers are members of the Writers Guild of America, East.)

According to Variety, G/O Media claims that it “bargained in good faith right up until the deadline late last night when the Union voted to cut off talks and strike.”

How Can You Help?

If you’re in New York City, you can join the picket line at 1920 Avenue of the Americas. You can also avoid clicking on any links that lead to Gizmodo, Jezebel, Kotaku, Jalopnik, Lifehacker, or The Root.

If you’re able to donate some money, the GMG Union has set up a GoFundMe to help out workers whose paychecks and health benefits will take a hit because of the strike. You can also buy merch, send a letter of support to Great Hill Partners, the equity firm that owns G/O Media, or spread the word on social media.

(image: GMG Media/WGA East via Twitter)


Journalists at Gizmodo and related websites go on strike.

The contract between about 100 workers at six publications and G/O Media expired on Monday night.


By Katie Robertson
March 1, 2022

Journalists from G/O Media publications including Gizmodo and Jezebel went on strike on Tuesday and protested in front of the company’s New York offices after contract negotiations fell apart.

GMG Union, which represents about 100 workers from Gizmodo, Jalopnik, Jezebel, Kotaku, Lifehacker and The Root, said on Twitter that it was asking people not to read content from or contribute to the publications.

The workers are doing an open-ended strike after their contract expired on Monday night. The two sides were unable to come to an agreement on a variety of issues, including pay raises and health care benefits.

GMG Union, which is affiliated with the Writers Guild of America, East, said in a statement that all of the workers it represents had voted in favor of a strike after bargaining with G/O Media since late January. The union is asking for the company to maintain its cap on health care costs, add trans-inclusive health coverage and guarantee minimum wage increases.

Lisa Marie Segarra, a member of the GMG Union bargaining committee and an editor at Kotaku, said striking workers were now locked out of the company’s Slack messaging platform and their email accounts.

“The whole reason we’re going on strike is many of us are underpaid, and a strike doesn’t really help with that but we’re fighting to get the things we deserve,” Ms. Segarra said.

G/O Media was formed in 2019 by Great Hill Partners, a private equity firm, after it bought a group of websites that used to be part of the Gawker Media universe. In an email to the staff on Tuesday that was provided by a G/O Media spokesman, the chief executive, Jim Spanfeller, said management had “bargained in good faith right up until the deadline last night.”

“To be clear, the terms we offered the GMG Union were not only equivalent to, but in some instances better than, terms agreed to by The Onion Union (GMG’s sister union here at G/O) just one year ago,” Mr. Spanfeller said.

The G/O Media spokesman said that the company’s compensation was “extremely favorable when compared to other digital publishers.” He added that the company had proposed health care coverage that was equal to that of nonunion workers.

Katie Robertson is a media reporter. She previously worked as an editor and reporter at Bloomberg and News Corporation Australia. Email: katie.robertson@nytimes.com @katie_robertson


RMZ Corp and CPP Investments Announce Second Commercial Real Estate Joint Venture in India


NEWS PROVIDED BY Canada Pension Plan Investment Board

Mar 01, 2022,
Star Tech, Bangalore (CNW Group/Canada Pension Plan Investment Board)

RMZ Corp logo (CNW Group/Canada Pension Plan Investment Board)

CPP Investments logo (CNW Group/Canada Pension Plan Investment Board)


BANGALORE AND MUMBAI, INDIA, March 1, 2022 /CNW/ - RMZ Corp ("RMZ"), one of India's largest privately-owned real estate owners, investors and developers, and Canada Pension Plan Investment Board ("CPP Investments") announced today that they have entered into their second joint venture to develop and hold commercial office space in key cities across India.

The total aggregate capital commitment by CPP Investments into the joint venture will be up to INR 26.5 billion (C$ 449 million), to support the development and acquisition of projects across India.

Manoj Menda, Corporate Chairman, RMZ Corp said, "We are delighted to expand our relationship with CPP Investments. This joint venture will provide RMZ additional opportunities to forge new strategic financial co-investments and remain ahead of the curve whilst also significantly increasing capital allocation to the core and development asset portfolios. The two joint ventures together have been established to develop assets worth in excess of US$2.5 billion across cities. This partnership takes RMZ a step closer to our supercharge vision and growth strategy by 2032."

The joint venture will be seeded with StarTech – a 1.37 million-square-foot Grade A office building located in Koramangala, Bangalore, which is currently co-owned by RMZ and Prestige Estates ("Prestige"). CPP Investments will acquire Prestige's entire stake in StarTech. This is the second joint venture between RMZ and CPP Investments, following their first joint venture formed in 2021 to develop and manage approximately 10 million square feet of Grade A commercial office spaces across Hyderabad and Chennai.

Arshdeep Sethi, Senior Managing Director, RMZ Corp said, "We are pleased to broaden our relationship with CPP Investments, an organization that shares our commitment to protecting our environment and ensuring sustainabity in building and construction processes. This second joint venture builds on our existing partnership in Hyderabad and Chennai and reiterates RMZ's strategic objective to expand the Group's asset base and development pipelines across other cities."

Hari Krishna V, Managing Director, Real Estate – India, CPP Investments, said, "We continue to identify high demand for premium commercial office space in top city locations in India, such as Bangalore. As the city grows as a destination for technology businesses and start-ups, we are working alongside market leaders, such as RMZ, to grow our portfolio to support the demand. Our overall focus remains to enhance our ability to deliver solid long-term risk adjusted returns to CPP contributors and beneficiaries."

Spread across 8 acres, Star Tech is a LEED Platinum-rated green building and is a premium commercial campus with 100% occupancy.

About RMZ Corp

RMZ Corp is one of India's largest privately-owned real estate owners, investors, and developers committed to building socially, economically, and environmentally responsible assets and communities.

The company's Massive Transformative Purpose is to imagine, create and transform for the future. They own and operate a real asset portfolio of 67 million square feet, and are poised to grow to 350 million square feet of assets by 2032. They are amongst the only zero-debt real estate companies globally. Their innovative approach to developing and managing real estate invariably raises the industry's bar for quality and sustainability. By taking a leap of faith and adapting to, and indeed embracing the digital universe,they are driving a sustained transformation program to deliver superior real assets with elevated member experiences.

RMZ currently owns US$12 billion worth of of real assets that are operational and under development. The organization plans to diversify into new asset classes such as Industrial, Logistics and Hospitality through new platforms and global partnerships. Additionally, the company plans to invest in and develop both brownfield and greenfield projects leveraging its strategic, development management and financial engineering capabilities, that will focus on adding value to and enhancing its development portfolios.

RMZ Corp has racked up many triumphs, and garnered many accolades - from curating the only development project from India to win the 2020 ULI Asia Pacific Awards for Excellence to being the first company globally to achieve a WELL Health—Safety Rating for Facility Operations and Management. The company has developed the largest portfolio of assets certified under LEED Arc, a building performance monitoring and scoring platform. RMZ Corp, today, ranks among the world's flagship real estate firms.

About CPP Investments

Canada Pension Plan Investment Board (CPP InvestmentsTM) is a professional investment management organization that manages the fund in the best interest of the more than 20 million contributors and beneficiaries of the Canada Pension Plan. In order to build diversified portfolios of assets, investments are made around the world in public equities, private equities, real estate, infrastructure and fixed income. Headquartered in Toronto, with offices in Hong Kong, London, Luxembourg, Mumbai, New York City, San Francisco, São Paulo and Sydney, CPP Investments is governed and managed independently of the Canada Pension Plan and at arm's length from governments. At December 31, 2021, the Fund totalled C$550.4 billion. For more information, please visit www.cppinvestments.com or follow us on LinkedIn, Facebook or Twitter.

SOURCE Canada Pension Plan Investment Board

Bank of Canada hikes key interest rate to 0.5%

More small rate hikes expected as central bank tries to rein

 in inflation

The Bank of Canada slashed its benchmark interest rate when the pandemic began, but on Wednesday signalled that it will start to slowly raise it again to help rein in inflation. (David Kawai/Bloomberg)

The Bank of Canada raised its benchmark interest rate to 0.5 per cent on Wednesday, a move that's expected to be the first of a series of small rate hikes this year in an attempt to tame inflation that has risen to its highest point in decades.

It's the first time the bank has raised its rate since 2018. Before the pandemic, the bank's rate was 1.75 per cent, before it quickly slashed the rate down to 0.25 per cent to help the economy.

The Bank of Canada's rate affects the rates that Canadian consumers get on things like mortgages, lines of credit and savings accounts at their own banks.

While the bank has been telegraphing its plans to raise its rate to fight inflation for a while now, the bank acknowledged in its announcement Wednesday that inflation is heating up even faster than anticipated.

The bank cited news this week that Canada's economy grew at a 6.7 per cent annual pace in the last quarter of 2021, a figure that the bank described as "very strong."

"This is stronger than the Bank's projection and confirms its view that economic slack has been absorbed."

The bank also cited factors beyond Canada's borders as reasons for its move.

"Economies are emerging from the impact of the Omicron variant of [coronavirus] more quickly than expected," the bank said.

Investors think there could be as many as five more small rate hikes before the year 2022 is out. Adam Brown with BDO Canada told CBC News in an interview that there's "no need to panic" but Wednesday's move clearly shows that rates are finally going to start inching higher.

"Clearly there's more rate increases, and there's potential [for them] to be faster than we expected," he said.

Lenders are already starting to move in reaction to the central bank's hike. Royal Bank is raising its prime lending rate to 2.7 per cent, starting tomorrow, up from 2.45 per cent. The other big banks are expected to follow suit.

The cost of those hikes could add up fast. Right now, a qualified buyer looking to buy a $500,000 home with a $400,000 mortgage could easily get a 25-year variable loan at about one per cent. That would cost them $1,507 a month right now.

If the central bank raises its rate five times and that buyer's lender matches the hikes, their monthly payment would jump to $1,842 a month — almost $300 more every month.

War in Ukraine a factor

The Bank of Canada cited the ongoing invasion of Ukraine as yet another factor that could influence inflation, or other parts of Canada's economy.

Among other things, Russia's unprovoked attack on its neighbour has caused the price of commodities like fertilizer, natural gas and oil to skyrocket, as the country is a major producer of these items.

Canada is one of many countries that have pledged to no longer import oil from Russia, but one of the impacts of that move is to cause the price to spike. The price of the North American crude oil benchmark known as West Texas Intermediate topped $111 a barrel on Wednesday, its highest price in eight years.

That drives up the price for energy that all Canadian consumers and businesses need, which will further contribute to inflation.

"The invasion of Ukraine is putting further upward pressure on prices for both energy and food-related commodities," the bank said. "All told, inflation is now expected to be higher in the near term than projected in January."

For Donald Trump, Putin warrants praise and Trudeau’s a tyrant. This puts Canada’s Conservatives, and Pierre Poilievre, in a difficult spot

Source
The Globe and Mail
John Ibbitson, Canadian Politics
2022-03-01 

For Donald Trump, Putin warrants praise and Trudeau’s a tyrant. This puts Canada’s Conservatives, and Pierre Poilievre, in a difficult spot

Mr. Poilievre championed the convoy protesters and now the MAGA crowd has granted that cause the moral equivalency of Ukrainians resisting a Russian invasion. This is not a good look

The performance art that passes for conservative political discourse in the United States these days has reached new heights, or depths.Donald Trump has long been an admirer of Russian President Vladimir Putin. When that suddenly became awkward, a few days ago, the former president and presumptive Republican nominee in 2024 crafted a new mantra: The Russian government is bad for invading Ukraine, but the Canadian government is worse for shutting down the protests in Ottawa.

This is a problem for those Conservatives who stood with the horn-honking truckers and their supporters in opposing pandemic measures. Leadership contender Pierre Poilievre, in particular, championed their cause. Now the MAGA crowd has granted that cause the moral equivalency of Ukrainians resisting a Russian invasion.

This is not a good look.The Russian invasion of Ukraine would be deeply embarrassing for Mr. Trump, if he were capable of embarrassment. On Wednesday, even as Russian troops were on the move, a video surfaced of the former president extolling Mr. Putin’s keen grasp of realpolitik. headtopics.com

Letters to the editor: March 1: ‘If Pierre Poilievre becomes Conservative leader, I will never vote for them.’ More candidates emerge, plus other letters to the editor

“I mean, he’s taking over a country for two dollars’ worth of sanctions. I’d say that’s pretty smart,” he said in a speech.Except Mr. Putin’s armies haven’t taken over the country, at least not yet, and the sanctions are crippling Russia’s financial system. Maybe not so smart after all.

Shameless as ever, Mr. Trumppivotedon Saturday night in a speech at the Conservative Political Action Conference. He characterized the Russian invasion of Ukraine as “an assault on humanity.” But he insisted that Mr. Putin was “smart” to invade, while “our leaders are dumb.”

And he declared that anyone looking for a real danger to liberty should “start with the democracy that is under threat right next door, a place called Canada.”He claimed that “the tyranny we have witnessed in Canada in recent weeks should shock and dismay people all over the world. ... The peaceful movement of patriotic truckers, workers and families protesting for their most basic rights and liberties has been violently put down.”

As conflict rages, Russians in Canada fear guilt by association

“A line has been has crossed,” he told the CPAC audience. “You’re either with the peaceful truckers or you are with the left-wing fascists.” That would be Justin Trudeau’s Liberal government. (We’re assuming Mr. Trump isn’t aware of the provincial role in ending the protests, unless he thinks Ontario Premier Doug Ford is a left-wing fascist as well.) headtopics.com

As for Mr. Trump and his house: “We stand with the truckers and we stand with the Canadian people in their noble quest to reclaim their freedom.”Republican Congresswoman Lauren Boebert echoed the sentiment on Fox News: “We also have neighbours to the north who need freedom and who need to be liberated.”

There are dank pools of the internet where people believe Mr. Putin is smart and strong, Joe Biden is dumb and weak, the protests in Ottawa were peaceful and patriotic, and Mr. Trudeau is a fascist.A few of them might be card-carrying Conservatives, though most are likely more aligned with People’s Party Leader Maxime Bernier, who has
Trudeau to ask Canada’s broadcast regulator to review RT’s ‘presence on Canadian airwaves’

calledMr. Trudeau a “fascist psychopath.”But these are not the attitudes of the great majority of the Canadian people, who would never in a thousand years equate courageous Ukrainian resistance to Russian aggression with truckers complaining about vaccine mandates.

The American right sees Canada as an enemy. Should we be worried?

Prime Minister Justin Trudeau and U.S. President Joe Biden meet in the Oval Office of the White House in Washington on Nov. 18, 2021.

For all the kind words Democrats have for Canada, they have also been working on protectionist trade measures, Edward Keenan writes.


By Edward Keenan

Washington Bureau Chief

TOR STAR

Tue., March 1, 2022

WASHINGTON—Over the past week, the eyes of the world have been glued to Ukraine, whose citizens are trying to fend off a Russian invasion that threatens to level their cities, kill many of them, and end their country’s independence. It’s a battle that Canada, the United States and the European Union describe as being not just about democracy versus autocracy, but about the global, rules-based order that says a country cannot just take what it wants by force.

But when the thought leaders of the Republican Party gathered at the influential Conservative Political Action Conference (CPAC) in Orlando, Florida, it was like they were doing table reads for a reboot of the “South Park” movie, where the American battle cry is a chorus of “Blame Canada.”

“The radical left is trying to replace American democracy with woke tyranny. They want to do the same thing to America that Trudeau has been doing to Canada,” former president Donald Trump told the crowd, which booed loudly at the reference to the Canadian prime minister. He suggested that if Americans want to fight for democracy abroad, “they should start with the democracy that is under threat right next door, a place called Canada.”

It wasn’t just Trump. Rep. Lauren Boebert, who has made headlines for insisting on carrying a gun in Congress, saying in a TV interview from the convention floor that she is praying for Ukraine, “but we also have neighbours to the north who need freedom and need to be liberated.”

It can seem like satire, this kind of not-too-subtle suggestion that Canada poses a threat to democracy that could require a military response — and may seem easy to brush off, because it comes from people with a history of outrageous claims in a party that’s not in power.

But this isn’t a marginal fringe of conspiracists. Trump intends to run for president again in 2024 and may well win, while Boebert sits in a caucus that seems likely to control Congress after November’s midterm elections.

Of course, President Joe Biden and his Democratic Party still publicly and privately consider Canada a valued friend and partner. Indeed, during the Ukraine crisis the two countries have been working in lockstep on the response. Deputy Prime Minister Chrystia Freeland reportedly led the efforts to convince the U.S. and its European allies to sanction the Russian central bank, which may have been the most punishing and immediately effective sanction imposed so far.

But for all the kind words Democrats have for Canada, they have been steadily working on measures to implement more protectionist trade measures that could have severe economic consequences up north.

Democratic Rep. Elissa Slotkin said the recent anti-vaccine blockades of the Canada-U.S. border showed “we can’t be this reliant on parts coming from foreign countries,” and “we have to bring American manufacturing back home.” Even before the convoy occupations, Biden was beating the “buy American” drum, with procurement measures and proposed electric vehicle subsidies that some feared could devastate Canadian industries.

And while Biden’s economic agenda has been stalled in Congress, he continues to talk about bringing it back in pieces through this year, and remains committed — along with many members of Congress — to the sort of protectionist measures that have so alarmed the Canadian auto industry.

So we have, on both sides of the political aisle in the U.S., a chillier environment for Canada than perhaps we’ve grown accustomed to. For a generation or more, Canada has based much of its economy on an ever-growing partnership with the U.S., which is now the destination for 75 per cent of our exports. At the same time, Canada has virtually outsourced our national defence to the U.S.

In promising to send lethal aid to Ukraine, the writer Dan Gardner noted on Twitter, Canada is not sending state-of-the-art anti-armour weapons, because we don’t own any. Instead, we are sending anti-tank weaponry designed in 1946. Much of Gardner’s recent work has focused on how psychology affects decision-making. “The roots of this situation lie [in] politics and culture but also psychology and recent history: ‘That’s never happened before’ or ‘that hasn’t happened in ages’ becomes ‘that will never happen’ becomes ‘let’s save some money by cutting that.’ Until it happens,” he wrote.

The past week has provided another reminder — as if COVID-19 and climate change weren’t enough — in how disastrous outcomes that people let themselves believe would never happen can suddenly occur. In response to the invasion of Ukraine, we’ve seen much of Europe’s postwar order overturned. Germany, for example, has pivoted from steadfast pacifism to planning the highest military spending of any country in Europe.

It’s unlikely that the strong relationship between Canada and the U.S. will sour disastrously anytime soon. In confronting the current international crisis, Canada and the U.S. are as united as they have ever been — together with other allies — and appear to be working together more closely than they have in a long time.

But in the background, with strains of outright hostility coming to the forefront of the American right and support for economic barriers coursing across the U.S. political spectrum, it may be time for Canada to start thinking about the risks of pinning the health of our economy and our national security on the continued goodwill of our neighbour.