Who owns Gannett company?

Gannett Co., Inc. is an American mass media holding company headquartered in Tysons, Virginia, in the Washington, D.C., metropolitan area. It is the largest U.S. newspaper publisher as measured by total daily circulation.

What companies are owned by Gannett?

It owns the national newspaper USA Today, as well as several local newspapers, including the Detroit Free Press; The Indianapolis Star; The Cincinnati Enquirer; The Florida Times-Union in Jacksonville, Florida; The Tennessean in Nashville, Tennessee; The Daily News Journal, in Murfreesboro, Tennessee; The Courier- ...

Who is the CEO of Gannett?

Gannett's CEO, Mike Reed, has 134 employee ratings and a score of 55/100, placing them in the Bottom 10% of similar size companies on Comparably with 1,001-5,000 Employees.

Does USA now own Gannett?

Gannett, owner of USA TODAY and local media organizations in 45 states, on Wednesday announced a corporate restructuring that creates two new business units.

Who bought Gannett newspapers?

NEW YORK — GateHouse closed its $1.1 billion takeover of USA Today publisher Gannett, becoming the country's largest newspaper company by far and pledging significant cost cuts at a time when print publications are in precipitous decline.

Gannett Company

What is Gannett controversy?

Lieff Cabraser is investigating reports that Gannett, the dominant U.S. mass media holding company and largest American newspaper publisher, gave paying advertisers inaccurate and misleading information on the placement and spending for literally billions of ads over a period of at least nine months in 2021 and 2022.

Who are the largest newspaper owners?

The newspaper company with the most daily newspapers in the United States was Gannett as of May 2022, with 236. Tribune/News Media Group, also known as Digital First Media and owned by hedge fund Alden Global Capital, ranked third with 66 daily newspapers.

How many people did Gannett layoff?

The layoffs, which will continue into Friday, are part of Gannett's efforts to cut its news division staff of 3,440 by 6%. That amounts to roughly 200 layoffs.

How does Gannett make money?

About 36% of Gannett's total revenue in Q3 – representing $256.4 million – came from its digital businesses, including advertising, subscriptions, affiliate, licensing and the company's Digital Marketing Solutions platform.

How much does Gannett pay its ceo?

Scire, Sarah. "In 2021, Gannett paid its CEO Mike Reed $7.74 million while cutting its overall headcount by 24%." Nieman Journalism Lab.

How much is Gannett worth?

Interactive chart of historical net worth (market cap) for Gannett (GCI) over the last 10 years. How much a company is worth is typically represented by its market capitalization, or the current stock price multiplied by the number of shares outstanding. Gannett net worth as of February 03, 2023 is $0.36B.

Who started Gannett?

The company was started by Frank Ernest Gannett, who in 1906 began buying small newspapers in New York state. The company was incorporated in 1923, and it grew as Gannett continued to purchase the newspapers of small and medium-sized cities.

How many newspapers are owned by Gannett?

Gannett Company owns over 100 daily newspapers, and nearly 1,000 weekly newspapers. These operations are in 44 U.S. states, one U.S. territory, and six countries.

What type of company is Gannett?

Gannett is a subscription-led and digitally focused media and marketing solutions company. With unmatched reach at the national and local level, Gannett touches the lives of millions with our Pulitzer-Prize winning content, consumer experiences, and advertiser products and services.

Why is Gannett stock down?

Inflation has hit Gannett hard: the cost of gasoline, newsprint, and unstaffed delivery routes — CEO Mike Reed says that has increased 274% over the last two years – has created a significant newspaper distribution problem.

Who are Gannett competitors?

Gannett competitors include ReachLocal, Cox Enterprises, Advance Publications, Hearst and TEGNA.

Who is Mike Reed Gannett?

Mr. Reed has been Chairman of the Board since May 3, 2019, and he has served as our Chief Executive Officer and President, and a member of our Board, since November 26, 2013. Previously, he had been Chief Executive Officer of GateHouse Media, Inc.

How do I cancel my Gannett subscription?

To cancel your subscription:

Contact customer service at 1-800-872-0001.

Is CNN laying off staff?

People walk by the world headquarters for CNN on March 15, 2022 in Atlanta, Georgia. CNN on Wednesday informed employees that layoffs had commenced, a move that is expected to impact hundreds of staffers at the global news network and mark the deepest cuts to the organization in years.

What is the biggest selling newspaper in the UK?

‍The Sunday Times

‍The Sunday Times is UK's largest selling broadsheet newspaper.

Who owns the most newspapers in the UK?

Popular national newspapers include The Times, Financial Times, The Guardian, and The Daily Telegraph. According to a 2021 report by the Media Reform Coalition, 90% of the UK-wide print media is owned and controlled by just three companies, Reach plc (formerly Trinity Mirror), News UK and DMG Media.

What is the most trusted newspaper in the world?