USX:NEWM - Gannett Co., Inc Gannett Co., Inc
Sector: Communication Services, Industry: Publishing
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Yahoo Finance Note: This stock seems to be inactive

USD 55.75    +1.32 (+2.43%)

8 Jul 2020


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General

Headquarters: US

Employees: 9,873

Homepage

Description

Gannett Co., Inc. invests in, owns, and operates local media assets in the United States. The company's principal products include 146 daily newspapers with total paid circulation of approximately 1.5 million; 323 weekly newspapers with total paid circulation of approximately 268,000 and total free circulation of approximately 1.4 million; 132 shoppers with total circulation of approximately 3.1 million; and 581 locally-focused Websites, including Internet and mobile devices with approximately 364 million page views per month. Its principal products also comprise 77 business publications; and UpCurve Cloud and ThriveHive, which provides digital marketing and business services. In addition, the company produces niche publications that address specific local market interests, such as recreation, sports, healthcare, and real estate. Further, it offers print and online products that offer local market news and information on various topics comprising local news and politics, community and regional events, youth sports, opinion and editorial pages, local schools, obituaries, weddings, and police reports, as well as commercial printing services for publishers; and prints commercial materials, including flyers, business cards, and invitations. Additionally, the company produces approximately 350 annual events with a collective attendance approximately 400,000, such as themed expo, signature event, endurance event, and white label event services; and provides digital and print advertising services. It reaches approximately 22 million people per week; and serves approximately 199,000 business customers. The company was formerly known as New Media Investment Group Inc. and changed its name to Gannett Co., Inc. in November 2019. Gannett Co., Inc. was founded in 1997 and is based in McLean, Virginia.

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