Articles about "Gannett"

Circulation revenue gains offset advertising losses at Gannett in first quarter

Apr. 23, 2013 9:13 am

Gannett Company, Inc.
Gannett's publishing division reported higher circulation revenue in the first quarter of 2013, but those gains were thwarted by lower advertising revenues. Gannett's broadcast and digital businesses both reported revenue gains.

The circulation revenue rise, however, kept revenue at the publishing division essentially flat -- it declined .3 percent over the first quarter of 2012. Circulation revenues grew 8.6 overall and 14.5 percent at Gannett's local properties, the earnings report says. Advertising revenue was down 4.5 percent at Gannett's publishing businesses.

Digital revenues in publishing rose 75.5 percent, "reflecting the all access content subscription model as well as growth in digital advertising and marketing solutions revenue. Digital revenues at local domestic publishing operations were 98.4 percent higher, while at USA TODAY and its associated businesses they were up 9.1 percent."

All of Gannett's newspapers except USA Today now offer metered access to their online content.
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Apr. 19, 2013 6:54 pm

USA Today founder Al Neuharth dies, was 89

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Des Moines Register pulls map of school district security following criticism

Mar. 28, 2013 5:26 pm

The Des Moines Register | The Blaze | Fox News
The Des Moines Register published then removed an interactive map Wednesday that looked at how school resource officers are deployed in Iowa after it drew criticism from people who thought the map showed unprotected districts. Or as Fox News host Megyn Kelly put it, "If I'm some psycho, I might wanna play my odds."

The map "identifies more than 100 public schools, from kindergarten through high school and community college campuses that have no security," Mike Opelka wrote on The Blaze.

The Register changed the map to show only districts with full-time security, Fox News reports, then ditched that map, too. The article, which has drawn some angry comments, now has no map -- and no note explaining what happened. (more...)
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USA Today offers buyouts

Mar. 12, 2013 11:07 am

Jim Romenesko | Gannett Blog
More than 150 USA Today employees are eligible for an early retirement package, which are available to people over 55 who've been at the paper more than 15 years, Jim Romenesko reports. Jim Hopkins' Gannett Blog says the offers "come as USAT attempts another turnaround amid falling national advertising and circulation as competitors surge ahead with revenue from digital paywalls."
The 30-year-old paper no longer discloses the size of its workforce; a few years ago, it had fewer than 1,400 employees, making it one of Gannett's single-biggest worksites.
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paywall1

The case for paywalls: Gannett gains while Digital First experiments

Feb. 5, 2013 8:23 am

Gannett’s fourth quarter earnings report this week put to rest the idea that digital paid subscriptions will only work for the biggest newspaper organizations like The New York Times and The Wall Street Journal. They are proving a spectacular success … Read more

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Circulation revenue up at Gannett, which credits paywalls

Feb. 4, 2013 9:06 am

Gannett
Gannett's fourth quarter earning report contains a sentence that will thrill paywall apostles:
Significantly higher circulation revenue in the Publishing segment resulting from the positive impact of the all access content subscription model more than offset a decline in advertising revenues.
That's attributed to CEO Gracia Martore, who also notes circulation revenue increased for the third quarter in a row. Total digital revenue represented 25 percent of the company's total revenues, she says in the release.

Gannett last February announced a plan to install paywalls at all its newspapers except USA Today.

Publishing advertising in the fourth quarter of 2012 was down 2 percent over the same period the year before. Circulation revenues were up nearly 17 percent. Digital revenues were up 3.2 percent. And broadcasting revenues were up 43.9 percent. Over all, revenues were up 9.4 percent over the fourth quarter of last year. (more...)
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Money wall

The tale of 3 paywalls: E.W. Scripps goes all in, Gannett brags, Washington Post thaws

Dec. 5, 2012 12:07 pm

Newspapers are on the fringe of this year’s annual UBS investors media conference in New York. Still, the meeting has provided a window on growing momentum in the industry for paid digital subscription plans.

E.W. Scripps is late to the … Read more

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Newspaper circulation stays the same in latest ABC report, but the mix is shifting to digital

Oct. 30, 2012 10:20 am

Newspaper circulation was essentially the same in the six months ending September 30, compared to the same period a year ago, the Audit Bureau of Circulations reported this morning.

The 613 papers reporting daily results for both periods saw … Read more

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digitalmoney

Gannett’s good earnings report could signal a turning point for newspaper organizations

Oct. 16, 2012 6:58 am

It has been a while since any newspaper-related company has talked about “strong financial results” when reporting quarterly earnings. Gannett did so Monday and had the numbers to back up the claim.

Revenues were up by 3 percent from the … Read more

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Advance’s Donald Newhouse among nation’s richest people

Sep. 20, 2012 12:58 pm

Forbes
Donald Newhouse is the 51st-richest person in the United States, Forbes reports. The magazine places the Advance Publications chief's net worth at $6.6 billion. His brother, Conde Nast Chairman Si Newhouse, Jr., places a little higher: No. 46, with a net worth of $7.4 billion.

Donald's net worth was $5.9 billion in Sept. 2011, Forbes estimates, and Si's was $6.6 billion.

New Orleans Saints owner Tom Benson, who unsuccessfully sought to buy the Advance-owned Times-Picayune, is No. 360, with a net worth of $1.2 billion. Advance recently cited financial challenges as the motivation for cutting staff and days in print at the Times-Picayune. (more...)
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