GANNETT CO. Inc

(NYSE: GCI)
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34.37 Down -0.04 -0.12%
COMPANY ADDRESS
GANNETT CO. Inc
7950 Jones Branch Drive
McLean, VA 22107-0910
USA - Map
Phone: +1 703 854-6000
Website
COMPANY INFORMATION
Exchange: New York Stock Exchange
Stock: Gannett Co Inc
Industry: Publishing
Employees: 31,600
DESCRIPTION
Gannett Co Inc was founded in 1906 and incorporated in 1923. The Company is an international media and marketing solutions company and diverse local content providers in the United States. The Company through its network of broadcast, digital, mobile and print products, it informs and engages more than 110 million people every month. Its portfolio of brands offers marketers unmatched local-to-national reach and customizable, innovative marketing solutions. The Company being in digital media provides access to content on different platforms; digital marketing services to businesses to help them more effectively use digital technology to reach their sales goals; and Internet-based human resource solutions. The Company operates in three segments: Broadcasting, Publishing and Digital. The Company’s Broadcasting Segment owns & services 43 television stations excluding owner-operators, following its acquisition of Belo Corp. in December 2013. Its Publishing Segment provides content through 82 local U.S. daily publications, including USA TODAY, a multi-platform news and information media company. Its Digital Segment owns and operates a number of stand-alone digital subsidiaries including CareerBuilder, Shoplocal and PointRoll. CareerBuilder is the global leader in human capital solutions, helping companies to target, attract and retain talent. Through its advertising, it generates revenue in Broadcasting Segment, from fees paid for retransmission of the company’s television signals on satellite and cable networks, and payments for other services, such as the production of advertising content. In Publishing Segment it generates revenues primarily through advertising and subscriptions to Gannett’s print and digital publications. Its advertising departments sell retail, classified and national advertising across multiple platforms including print, web sites, mobile, tablet and other specialty publications. The Company generates its digital revenues through online content subscription fees and advertising on its various digital platforms including more than 120 domestic web sites affiliated with its publishing and television markets, USA TODAY, Gannett Government Media and Gannett Healthcare Group. The Company publishes in major markets such as Phoenix, AZ.; Indianapolis, IN; Cincinnati, OH; Des Moines, IA; Nashville, TN; Asbury Park, NJ; Louisville, KY; and Westchester, NY. The company’s publishing operations and affiliated digital platforms compete with other media and digital ventures for advertising. Publishing operations also compete for circulation and readership against other professional news and information operations and amateur content creators. The market for the Company’s online recruitment solutions is highly competitive with a multitude of online and offline competitors. Competitors include other employment related web sites, general classified advertising web sites, professional networking and social networking web sites, traditional media companies, Internet portals, search engines and blogs. The Company's operations are subject to federal, state, local and foreign environmental laws.
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Financial data in US dollars | Page generated 8:46 AM ET
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