Articles about "Gannett"


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For newspaper stocks, 2013 was a surprisingly good year

Despite yet another year of falling revenues, publicly traded newspaper companies saw their share prices rise sharply during 2013.

Yes, the overall market was strong — with the S&P index up 29.5 percent and the Dow Jones up 26.5 percent.

Yes, as I and others have noted, local broadcasting is thriving with two of the next three years bringing political and Olympics advertising bonanzas and retransmission fees a continuing windfall. Gannett, E.W. Scripps and Journal Communications all benefited from their TV holdings.… Read more

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FCC approves Gannett-Belo deal

Gannett

The FCC has approved Gannett’s purchase of Belo, Gannett announced Friday. The companies expect the deal to close next week, “upon completion of remaining customary closing conditions.”… Read more

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USA Today plans to deploy reporters out yonder

Politico

USA Today is expanding its coverage in places like Miami, Chicago, Boston and Las Vegas, according to Politico’s Hadas Gold.

Citing a memo from Editor-in-Chief David Callaway, Gold said the reporters will focus on breaking news and enterprise stories.… Read more

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DOJ agreement should clear way for Gannett-Belo deal, companies say

Gannett | Department of Justice | The New York Times

Gannett Co. and Belo Corp. announced Monday that they have reached an agreement with the Department of Justice that should clear the way for Gannett to purchase Belo as announced in June.

The $1.5 billion sale and assumption of $715 million in Belo debt would expand Gannett’s TV holdings from 23 to 43 stations, the media companies said last summer.

The proposed agreement emerged at the same time as the filing of a civil antitrust lawsuit Monday in the District of Columbia’s U.S. District Court to block Gannett’s acquisition of Belo. The agreement — which would resolve the concerns alleged in the lawsuit — would require Gannett and third-party operator Sander Media LLC to divest themselves of Belo-owned KMOV-TV.… Read more

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More Gannett papers to get USA Today insert

USA Today | Gannett


Thirty-one more Gannett newspapers will see USA Today condensed editions in their pages beginning next month, the company announced today.

The company launched its “Butterfly” initiative in October, adding the USA Today inserts to the Indianapolis Star, Rochester Democrat & Chronicle, The News-Press (Fort Myers, Fla.) and The Post-Crescent (Appleton, Wisc.), USA Today reported.… Read more

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Cincinnati TV station plans paywall on its website

NetNewsCheck

WCPO will introduce a paywall for much of its website content early next year, NetNewsCheck reports.

Over the past year, the ABC affiliate’s site has added more than 30 editorial staffers to its digital reporting team, including eight veteran reporters covering local crime and justice, politics, business, education and the arts.

Paywalls are increasingly common for newspaper sites — 41 percent of U.S. dailies will have them after Digital First Media puts its paywalls in place, Ken Doctor wrote recently — but they’re an elusive species among TV stations, which could arguably benefit from competitors putting their content behind a gate.

The Cincinnati Enquirer, like all Gannett-owned papers, has a metered paywall. The E.W. Scripps Co., which owns WCPO, announced at the end of 2012 it would install paywalls for all of its newspaper sites.… Read more

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Publishing, broadcasting revenues down at Gannett

Gannett

Revenues were down in most of Gannett’s segments in the third quarter of 2013, according to the company’s new earnings report.

Advertising revenue at Gannett’s publishing properties fell 5.9 percent compared with the same period the year before. Circulation revenue was a little less than flat, down 0.6 percent from the third quarter of 2012. And broadcasting revenue was down 14.2 percent, a dip the company says “reflects the absence of Olympic and political spending partially offset by significant growth in retransmission revenue and digital revenue growth of 20.7 percent.” Retransmission revenue is what cable operations pay local TV stations to carry their programs.

Revenue from the company’s digital operations overall was up 12 percent. The company attributes that to the “continued impact of the All Access Content Subscription Model in addition to higher digital advertising and digital marketing services revenue.”

All Gannett’s U.S.… Read more

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Word on laptop

How many top newspaper editors are from digital backgrounds? Still darn few

Upward of 1,400 digital journalists are expected in Atlanta this week for the annual Online News Association conference. That’s fairly close to the number of daily American newspapers, at last count roughly 1,380.

With digital transformation the announced top priority for newspaper companies ranging in size from Gannett to community publishers, you would think by now many would have given the editorial reins to a digital specialist. But top editors with a strong digital background remain rare.

With some rudimentary (and I am sure incomplete) checking, I could only turn up a half dozen or so.

I had noted with interest the announcement a month ago that Neil Budde, top Yahoo news editor in the mid 2000s, had been chosen the new executive editor of Gannett’s Louisville Courier-Journal. Read more

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DOJ asks for more information about Gannett-Belo deal

Gannett

Gannett and Belo “received requests yesterday for additional information and documents” from the Department of Justice, Gannett says in a press release. Gannett announced in June it would buy Belo for $1.5 billion, nearly doubling the number of TV stations it owns.

This so-called “Second Request” is a “standard part of the DOJ review process,” Gannett says, adding that it still expects to close the deal by the end of 2013.

Some petitioners filed requests with the FCC opposing the deal; the Department of Justice recently filed a motion to block a proposed merger between American Airlines and US Airways.… Read more

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Group of young people in training course

8 tips for training, hiring young newsroom designers

Tracy Collins hired 40 of the 63 designers on his staff in one fell swoop last summer, getting many of his new employees directly out of college.

They joined him at Gannett’s Phoenix Design Studio, where an average of 14,000 pages are produced each week for nine daily newspapers.

Tracy Collins

That’s a heck of a lot of pages, and a pretty young staff.

The Phoenix studio is one of five U.S. design centers that produce Gannett papers — the others are Nashville, Tenn.; Des Moines, Iowa; Asbury Park, N.J.; and Louisville, Ky. This hub system for design is becoming more common as news organizations downsize, consolidate and seek more bang for their buck—Cox Media, McClatchy, and Media General have all pursued similar strategies.

The conversion hasn’t been pain-free for Gannett, Collins said in an in-person interview.… Read more

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