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UK housing slump hits Newsquest-owner Gannett

LONDON - The worsening conditions in the UK housing market have hit US media company Gannett, which ... in Scotland, and the South Wales Argus and Bournemouth Echo. Gracia Martore, executive vice-president and chief financial officer of Gannett, said that classified advertising at Newsquest weakened significantly ... before taxes, about 19% of the company's total assets. Gannett said that it had suffered from the tough ...

By Jacquie Bowser / Brand Republic 11-Jun-08

Up to 2,000 jobs under threat at USA Today owner Gannett

NEW YORK - USA Today-owner Gannett is to cut between 1,000 and 2,000 jobs having already cut 10 ... financial officer, Gracia Martore. There have also been changes at its flagship USA Today. Publisher Craig ... Publishing division, which comprises Gannett's 80-plus local dailies. Gannett, which owns the regional ... % in the first quarter as ad revenue fell 28%. The cuts mark Gannett out as one of the most aggressive ...

By Staff / Brand Republic 01-Jul-09

Gannett profits down 16%

NEW YORK - Gannett, the US newspaper group which owns USA Today , reported a 16% dive in third ... The company reported a third-quarter profit of 174.8m ( 120.6m) against 208.3m ( 143.7m) last time. The figures were in line with Wall Street expectations. Gannett, which through its ... %. Gannett reported revenues down 2.6% to 1.52bn ( 1.05bn) from 1.56 bn ( 1.08bn), a decline of 3 ...

By Staff, / Brand Republic 15-Oct-01

Gannett's SMG bid referred to competition body

LONDON - The government has referred US newspaper group Gannett's bid for SMG's newspapers, which ... The Department of Trade and Industry said that Gannett, which owns the UK regional newspaper group ... and free expression of opinion. It was revealed at the weekend that Gannett had won the battle ... Times, with a £215m bid. Gannett outbid Sir Anthony O'Reilly's Independent News & Media, which ...

By Staff, / Brand Republic 10-Dec-02

Gannett acquires social media company Ripple6

LONDON - Gannett, the Virginia-based publisher of USA Today, has acquired social media firm Ripple6 ... Ripple6 will become a wholly owned subsidiary of Gannett, and will continue to operate its ... Saridakis, senior vice-president and chief digital officer of Gannett, was bought out completely by Gannett ... . Since August Ripple6 has powered Gannett's MomsLikeMe.com sites, which recently rolled out in 80 local ...

By Dan Leahul / Brand Republic 14-Nov-08

USA Today publisher Gannett eyeing Daily Telegraph

LONDON - USA Today publisher Gannett, which last year expressed interest in buying the Financial ... Gannett, which is one of the UK's largest regional newspaper groups, said it he would look at any assets that would fit in with its existing operations. Gannett CEO Douglas McCorkindale said: "We ... strategic fit McCorkindale said: "At the right price, a lot of things fit." Gannett first indicated ...

By Staff, / Brand Republic 18-Mar-04

Gannett cuts 70 jobs at New York paper

NEW YORK - Gannett has told all 288 staff at The Journal News, in the Westchester area of New York ... Gannett's 80-plus local dailies, including The Journal News. ...

By Staff / Brand Republic 13-Aug-09

Gannett and Knight Ridder add to market gloom

LONDON - US newspaper companies Knight Ridder and Gannett have reported weak second-quarter results ... Gannett, which owns USA Today in the US and the UK company Newsquest, said that second-quarter income was 223.5 ( 159.5m), or 88 cents (63p) a share, compared with 265.8m ( 189.7m), or 1 (71p) a share, in the same period a year earlier. Knight Ridder, which owns 32 newspapers including the San ...

By Staff / Brand Republic 18-Jul-01

Gannett forces staff to take unpaid leave

NEW YORK - In another bad week for the US newspaper industry, USA Today owner Gannett is forcing ... Read Gordon's Republic blog post - Crunch week for US newspapers Gannett, which owns UK ... to the chairman. Gannett has cut around 6,000 jobs in the last two years and is likely to cut more in 2009. Gannett owns 85 daily newspapers across the US including The Arizona Republic, The Cincinnati Enquirer ...

By Staff / Brand Republic 16-Jan-09

Gannett declares interest in acquiring FT from Pearson

LONDON – USA Today publisher Gannett has indicated that it would buy the Financial Times if its ... Quoted in investor publication Barron's at the weekend, Gannett CEO Douglas McCorkindale said he would look at any assets that would fit in with its existing operations, including the business daily. "If the Pearson group wanted to sell the Financial Times, I'd look at it very closely." He added ...

By Claire Billings, / Brand Republic 01-Dec-03

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