Will Credit Default Swaps Do Gannett In?
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A lengthy article in The Deal says it’s too late for Gannett (NYSE: GCI) to get itself out of the debt trap it now finds itself in. Accordin… Read more »
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Gannett Shares Fall On Fears Of Dubow’s Medical Leave; More Layoffs Coming?
By David Kaplan
Gannett’s stock has taken a bit of hit this week, as investors appeared to be concerned about CEO Craig Dubow’s medical leave. The stock fin… Read more »
USA Today Plans To Charge For E-Paper Version; Site To Remain Free
By David Kaplan
In August, Gannett’s USA Today will begin charging readers for an electronic version of the paper that will be delivered via e-mail, AP repo… Read more »
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Gannett’s Tucson Citizen To Go ‘Modified’ Web-Only — No News, Sports Coverage
By David Kaplan
Another newspaper goes down… Following through on the threat it made five months ago, Gannett (NYSE: GCI) is pulling the plug on the 138-y… Read more »
Industry Moves: Gannett Taps Detroit Free Press’ Hunke To Replace Moon As USA Today Publisher
By David Kaplan
David Hunke will succeed Craig Moon as president and publisher of Gannett (NYSE: GCI) flagship USA Today, the company announced at its annu… Read more »
Gannett Puts Its Acquisition Strategy To The Test With Digital Media Network
By David Kaplan
Gannett (NYSE: GCI), which recently posted a 60 percent drop in profit and a 26 percent fall off in publishing revenues, has been banking on… Read more »
Fortune 500: Media Some Of The Biggest Losers
By Rory Maher
Last year was one of the toughest ever for the 500 largest American companies — combined they lost over $500 billion — and media companies… Read more »
Earnings Call: Gannett’s Dubow Talks About Cost-Cutting And Packaging News
By David Kaplan
Gannett (NYSE: GCI) CEO Craig Dubow opened the company’s dismal Q1-earnings call by trying to highlight publishing and distribution changes,… Read more »
Earnings: Gannett Profit Down Nearly 60 Percent; USAT Revs As Bad As Expected
By David Kaplan
Sometimes it helps to lower expectations, but not much can soften the blows Gannett (NYSE: GCI) took in the first three months of this year.… Read more »
Earnings Preview: Gannett Stock May Be Up, But Q1 Profits Look Down
By David Kaplan
Gannett (NYSE: GCI) is ending the week before its Q1 earnings report on a high note, with its stock up nearly 40 percent to $3.75 on Thursda… Read more »
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Some Suggestions For The AP, Care Of The Music Industry
By Rory Maher
Here we go again. Another major content creator is threatening to sue internet companies after years of having them nip at its heels by repu… Read more »
Industry Moves: USAT Publisher Craig Moon Calls It A Day
By David Kaplan
As Gannett (NYSE: GCI) flagship USA Today struggles with 30 percent declines in ad revenue, Craig Moon, the paper’s president and publisher,… Read more »
Some Media Stocks Take Beating On Auto Bailout News
By Rory Maher
President Obama made it clear today that he does not plan to cut the auto industry a blank check– and that’s bad news for media companies.… Read more »
Former WSJ.com Editor: What Papers Can–And Can't–Charge For
By Rory Maher
First, free was all the rage among newspapers; now, the pendulum has swung back, and at least some newspaper companies are convinced that th… Read more »
Gannett Warns Of More Unpaid Furloughs; Layoffs Avoided — For Now
By David Kaplan
Given its continuing financial woes, it’s not surprising that Gannett is requiring more unpaid leave for its 41,500 global workforce. Jim Ho… Read more »
USAT's Ad Revs Face 30 Percent Decline; Buyers Interested In Tucson Citizen
By David Kaplan
In a sign of the depth of the declines facing even the strongest newspaper brands, USA Today’s Q1 ad revenues could fall 30- to 35 percent y… Read more »
Dues To Pay: A Look At Newspaper Chains' Exposure To Unions
By Rory Maher
Organized labor dominates the ranks of newspaper publishing like no other industry, except for perhaps Detroit’s automakers. And like the ca… Read more »
10K Watch: Gannett Probably Paid Less Than $15 Million For Ripple6
By Rory Maher
Gannett (NYSE: GCI) picked up social-networking company Ripple6 in November in part because the newspaper chain’s chief digital officer Chri… Read more »
Gannett Cuts Dividend From 40 Cents To 4 Cents; Expects $325M In Savings
By David Kaplan
As expected, Gannett (NYSE: GCI) has cut its dividend from 40 cents per share to only 4 cents, which the newspaper publisher said would save… Read more »
Newspaper Roundup: Gannett; AH Belo; WaPo
By David Kaplan
– Gannett’s debt edges toward junk status: Moody’s Investors Service, which recently relegated the NYTCo’s debt to junk status, has put Gan… Read more »
Gannett Earnings Call: Decline Due Cyclical Downturn; Online Initiatives Making Us Better Positioned
By David Kaplan
Gannett (NYSE: GCI) CEO Craig Dubow began addressing the company’s dismal preliminary Q4 earnings on its analyst call insisting that the com… Read more »
Earnings: Gannett Prelim Q4 Results Show Profits Drop 36 Percent, Billions In Writedowns
By David Kaplan
Gannett (NYSE: GCI) released its preliminary earnings and the news was just as poor as the rest of its newspaper industry peers. Profits fel… Read more »
4INFO Raises $20 Million For Ad-Supported Texting Campaigns
By Tricia Duryee
4INFO, the San Mateo, Calif.-based company that enables ad-supported text messaging campaigns for media companies, has raised $20 million in… Read more »
USAT Discontinuing International Edition, But Willing To Hand It Off To Partners
By David Kaplan
Gannett (NYSE: GCI) flagship USA Today plans to cease publishing its international edition next month, unless it can find willing partners i… Read more »
Gannett Will Shut Tucson Citizen If Assets Not Sold By Mar. 21
No word yet that Gannett (NYSE: GCI) is reconsidering its $1.60 dividend but it’s certainly trying everything else. The latest: a post-marke… Read more »
Gannett Orders Company-wide Furloughs; USAT Freezes Wages For ’09
By David Kaplan
Gannett (NYSE: GCI) is ordering its 40,000-person workforce to take a week off without pay this quarter, as it seeks to cut costs without re… Read more »
Gannett Lifts The Curtain On Local/National Hybrid Site ContentOne
By David Kaplan
Gannett (NYSE: GCI) is going live with its local/national web hybrid ContentOne this morning, says Jim Hopkins on his Gannett Blog. The prog… Read more »
Newspaper Roundup: NYT; Lee; Gannett; Hoy; AsianWeek; Pew Research
By David Kaplan
– CBS makes NYT’s front page (in an ad): Trying to stave of further ad revenue declines, the NYT has accepted its first display ad on the f… Read more »
USA Today Will Be Sold On Amazon’s Kindle
Gannett (NYSE: GCI) flagship USA Today is the latest paper to be sold through Amazon’s Kindle. The top-selling U.S. paper has yet to show up… Read more »
Newspaper Roundup: MediaNews’ Debt; Gannett’s Detroit Papers; NAA’s ’09 Optimism; NYT Wage Freeze
By David Kaplan
– MediaNews’ debt rating lowered on ad declines: Moody’s Investors Service has downgraded MediaNews Group’s credit rating to junk status. T… Read more »
Recruitment Site CareerBuilder Lays Off 300
By David Kaplan
A bit ironic, but certainly not unexpected… Help-wanteds site CareerBuilder has cut 300 jobs — its own — mostly in its small business un… Read more »
@ UBS Media Week: Gannett’s ContentOne Ties Local Content With National Ads
By David Kaplan
It’s a tougher time for newspapers, but Craig Dubow, Gannett’s chairman, president and CEO, has a basic answer for the continued existence o… Read more »
Newspaper Roundup: USAT; McClatchy; Journal Comm
By David Kaplan
– USAT cuts 20 newsroom jobs: While Gannett’s flagship has been spared much of the company’s heavy job cuts of the past few months, USA Tod… Read more »
Gannett Buys Social Media Tech Company Ripple6
By David Kaplan
Gannett has acquired social net tools provider Ripple6 to create online communities for its own properties and outside media companies. Term… Read more »
10-Q Watch: Gannett Acquires Healthcare Education Site Pearls Review; Digital Now Separate Segment
By Rafat Ali
Gannett (NYSE: GCI), which reported its Q308 earnings late last month, has filed its 10-Q and discloses a new online acquisition: it has acq… Read more »
Newspaper Roundup: Gannett; Canwest; A Good Day For Print
By David Kaplan
– Gannett’s Dubow slashes own salary: Adopting a policy of “spreading the pain,” Gannett (NYSE: GCI) Chairman Craig Dubow has taken a volun… Read more »
Gannett To Slash More Than 3,000 Jobs Across Local Papers
By David Kaplan
A day after Tribune’s Los Angeles Times swung the job axe, Gannett (NYSE: GCI) has announced plans to lay off more than 3,000 employees at i… Read more »
Earnings: Gannett’s Newsquest Suffers 23.6 Percent Q3 Drop In Ad Revenue
By Patrick Smith
Regional newspaper publisher Newsquest Read more »
Earnings Call: Gannett Expects More Declines On The Print Side, But Digital Growth Looks Stronger
By David Kaplan
Things are so bad in the newspaper industry and the economy at large that Gannett (NYSE: GCI) is suspending the monthly revenue reports, sai… Read more »
Earnings: Gannett Q3 Profits Drop 32 Percent; Revs Slide 8.9 Percent
By David Kaplan
Gannett’s profits and revenues were down again in Q3, with total operating revenues slipping 8.9 percent to $1.64 billion from last year’s $… Read more »
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