Gannett Co., Inc.

Type	Public
Traded as	NYSE: GCI FWB: GTT S&P 500 Component
Industry	Media
Founded	1906
Founder(s)	Frank Gannett
Headquarters	Tysons Corner, Virginia, U.S.
Key people	Gracia Martore (President and CEO)
Products	Newspapers television Internet media
Revenue	US$ 5.439 billion (2010)[1]
Operating income	US$ 999.7 million (2010)[1]
Net income	US$ 588.2 million (2010)[1]
Total assets	US$ 6.817 billion (2010)[1]
Total equity	US$ 2.334 billion (2010)[1]
Employees	32,600 (December 2010)
Website	Gannett.com

Gannett is headquartered in Tysons Corner, Virginia.

Gannett Company, Inc. (NYSE: GCI) is a publicly traded media holding company headquartered in Tysons Corner, Virginia, near McLean.^[2][3] It is the largest U.S. newspaper publisher as measured by total daily circulation. Its assets include the national newspaper USA Today and the weekly USA Weekend. Its largest non-national newspaper is The Arizona Republic in Phoenix, Arizona. Other significant newspapers include The Indianapolis Star, The Cincinnati Enquirer, The Tennessean in Nashville, Tennessee, The Courier-Journal in Louisville, Kentucky, the Democrat and Chronicle in Rochester, NY, The Des Moines Register, the Detroit Free Press and The News-Press in Fort Myers. Gannett also owns 23 television stations through Gannett Broadcasting Inc. ^[4] and holds substantial properties in digital media including PointRoll, BNQT Media Group,^[5] Planet Discover,^[6] Ripple6^[7] and ShopLocal through Gannett Digital.

History[link]

Gannett Company, Inc. was founded in 1923 by Frank Gannett in Rochester, New York as an outgrowth of a newspaper business he had begun in Elmira, New York in 1906. Gannett, who was known as a conservative,^[8] gained fame and fortune by purchasing small independent newspapers and developing them into a large chain, a 20th century trend that helped the newspaper industry remain financially viable.^[9] By 1979, the chain had grown to 79 newspapers.^[10]

The company was headquartered in Rochester until 1986, when it relocated to Arlington County, Virginia. Its former headquarters building, the Gannett Building, was listed on the National Register of Historic Places in 1985.^[11] Gannett's oldest newspaper still in circulation is the Star-Gazette located in Elmira, New York. In 2001, the company moved to its current headquarters in Tysons Corner, a suburb of Washington, D.C.

Beginning in 2005 at the Fort Myers News-Press, Gannett pioneered the mojo concept of mobile multimedia journalists, reporters who were initially untethered from conventional newsrooms and drove around their communities filing hyperlocal news via Wi-Fi in various formats including text for print publication, still photos for print and online publication, and audio and video for the News-Press website.^[12] The practice has spread throughout the chain.

On March 7, 2011, Gannett introduced its new logo for the company, which replaced the stylized "G" logo that was in use since the 1970s.^[13]

In 2011, Gannett was criticized for laying off 700 U.S. employees a as cost-cutting measure after having increased executive salaries and bonuses. Bob Dickey, Gannett's U.S. newspapers division president, was paid $3.4 million in 2010, up from $1.9 million the previous year. In the memo announcing the layoffs, Dickey wrote, "While we have sought many ways to reduce costs, I regret to tell you that we will not be able to avoid layoffs."^[14]

In February 2012, Gannett announced a new policy use of the Internet content provided by its newspapers. By the end of 2012, non-subscriber access will be limited to between five and fifteen articles per month, varying by newspaper. The USA Today website will be the only one continuing to allow unrestricted access. Similar restrictions have previously been implemented by other major publications, including The New York Times and The Wall Street Journal.^[15]

Assets[link]

Gannett's media properties include the following newspapers among the top 100 (by circulation—figures are approximate) in the United States, and the following television stations:^[16][17]

Print media[link]

• USA Today of McLean, Virginia (1,830,594, 2nd overall)
• The Arizona Republic of Phoenix, Arizona (308,973, 14th)
• Detroit Free Press of Detroit, Michigan (245,326, 20th)
• The Indianapolis Star of Indianapolis, Indiana (182,933, 32nd)
• The Courier-Journal of Louisville, Kentucky (159,275, 42nd)
• The Cincinnati Enquirer of Cincinnati, Ohio (157,574, 43rd)
• The Tennessean of Nashville, Tennessee (127,538, 61st)
• Democrat and Chronicle of Rochester, New York (119,399, 65th)
• Asbury Park Press of Neptune City, New Jersey (112,683, 68th)
• The Des Moines Register of Des Moines, Iowa (109,095, 73rd)
• The News Journal of Wilmington, Delaware (87,138, 89th)
• The Journal News of White Plains, New York (79,525, 96th)

Broadcast media[link]

• WBIR-TV in Knoxville, Tennessee
• WXIA-TV and WATL in Atlanta (Pacific and Southern Company, Inc.)
• WUSA in Washington, D.C.
• KPNX in Phoenix
• WTSP in Tampa-St. Petersburg (Pacific and Southern Company, Inc.)
• KARE in Minneapolis-Saint Paul
• KUSA-TV and KTVD in Denver
• WKYC-TV in Cleveland
• KXTV in Sacramento, California
• KSDK in St. Louis
• WZZM-TV in Grand Rapids, Michigan
• WFMY-TV in Greensboro, North Carolina
• WJXX and WTLV in Jacksonville, Florida
• WGRZ-TV in Buffalo, New York
• KTHV-TV in Little Rock, Arkansas
• WLTX in Columbia, South Carolina
• WMAZ-TV in Macon, Georgia
• WCSH-TV in Portland, Maine
• WLBZ-TV in Bangor, Maine

Gannett Digital Assets:

• 4info
• Captivate Network
• CareerBuilder (50.8%)
• Classified Ventures (20%)
• DealChicken
• Gannett Local
• HighSchoolSports.net
• Metromix
• MomsLikeMe (ceased operations in October 2011)
• PointRoll
• ShopLocal
• Cars.com

Directors[link]

Gannett's chairman, president and chief executive officer was Craig A. Dubow. Dubow resigned on October 6, 2011, citing health reasons. Gracia Martore Gannett's chief operating officer, a 26-year company veteran, was chosen as Dubow's successor.^[18] Other directors are:

Senior executives are:

• Robert Dickey, President, U.S Community Publishing Division
• Paul Davidson (business) - Chairman & Chief Executive Officer, Newsquest plc
• Michael G. Kane Senior Group President, Interstate Newspaper Group, and President and Publisher, Rochester Democrat and Chronicle
• Roxanne Horning Senior Vice President, Gannett Human Resources
• Dave Lougee President, Gannett Broadcasting
• Gracia Martore President and Chief Executive Officer
• John A. (Jack) Williams President, Gannett Digital Ventures
• William Behan Senior Vice President, Gannett Labor Relations
• W. Curtis Riddle Senior Group President, East Newspaper Group, and President and Publisher, The News Journal, Wilmington, Delaware
• John A. (Jack) Williams President, Gannett Digital Ventures
• Todd Mayman - Senior Vice President, General Counsel and Secretary
• David Payne Senior vice president and chief digital officer
• Carol Hudler Senior Group President, South Newspaper Group, and President and Publisher, "The Tennessean"
• Saira Stahl Vice President, Strategy

References[link]

External links[link]

• Gannett Company website
• Gannett Local
• Nieman Journalism Lab. "Gannett". Encyclo: an encyclopedia of the future of news. http://www.niemanlab.org/encyclo/gannett. Retrieved 1 April 2012.