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Gannett and Concacaf Announce Media Content Partnership
Rhea-AI Impact
(Neutral)
Rhea-AI Sentiment
(Positive)
Tags
partnership
Rhea-AI Summary
Gannett and Concacaf have announced a media content partnership to enhance the visibility of the 2024 Concacaf Champions Cup. This partnership will leverage Gannett's extensive reach through USA TODAY Network and its 200 local publications to provide comprehensive coverage of the Champions Cup, which features 27 top men’s clubs from North America, Central America, and the Caribbean. The final match is set for June 1, 2024, between CF Pachuca and Columbus Crew at Estadio Hidalgo. Gannett aims to capitalize on the rising popularity of soccer in the U.S. and reach over 50 million sports enthusiasts through this collaboration. The partnership also promises to boost coverage of upcoming tournaments, including the 2024 Copa America and the 2025 Gold Cup.
Positive
Gannett's partnership with Concacaf enhances content reach to over 50 million sports fans.
Comprehensive coverage of the 2024 Concacaf Champions Cup by USA TODAY Network and 200 local publications.
Increased visibility for the 2024 Copa America and the 2025 Gold Cup through this partnership.
Gannett can capitalize on the rising popularity of soccer in the U.S.
The partnership is well-positioned to drive audience engagement with exclusive sports coverage.
Negative
No immediate financial data or revenue impacts were disclosed in the announcement.
Potential risks of high operational costs associated with extensive event coverage.
Lack of details on how the partnership will be monetized or its impact on Gannett's bottom line.
NEW YORK, NY--(BUSINESS WIRE)--
Gannett Co., Inc. (NYSE: GCI) and the USA TODAY Network announced they are official media content partners of The Confederation of North, Central America and Caribbean Association Football (Concacaf), the heartbeat of soccer across North, Central America, and the Caribbean. As one of FIFA’s six continental confederations, Concacaf unites 41 Member Associations spanning from Canada, Guyana, Suriname, and French Guiana.
The partnership enhances awareness around the Concacaf’s 2024 Champions Cup, which launched in 2024 as a rebranded and revamped elite men’s club competition. Showcasing the top 27 men’s clubs from North America, Central America, and the Caribbean, this event offers an exciting platform for competitors in the prestigious Concacaf Club Champion title and an automatic qualifying ticket to represent Concacaf at the FIFA Club World Cup, scheduled to take place in the United States in the Summer of 2025.
The 2024 Champions Cup Final will take place on Saturday, June 1 between CF Pachuca (MEX) and Columbus Crew (USA) at Estadio Hidalgo in Pachuca, Mexico. USA TODAY Sports, Pro Soccer Wire and the USA TODAY Network features full coverage of every match, trending news and on-the-ground action from Gannett’s 200 local publications across the nation.
“We are thrilled to be an official media partner of Concacaf,” said Lesley Webster, Executive Director of Enterprise and Distributed Partnerships at Gannett. “As we witness the rise in popularity of men’s football across the country, we know our dedicated sports audience continues to crave exclusive coverage. The USA TODAY Network is well positioned to draw attention to these exciting club competitions.”
“As we head towards the Final of this first edition of our new and expanded Concacaf Champions Cup, we are extremely pleased with the impact and coverage this important club competition has generated across the region,” said Concacaf General Secretary, Philippe Moggio. “With the support of Gannett, we have made the Champions Cup more available and – crucially – more relevant to fans and consumers across North America. Gannett and the USA TODAY Network’s reach make them an ideal editorial content partner for Concacaf and we are very pleased with the results. We now look forward to a tremendous Final between Pachuca of Mexico and Columbus Crew of USA on Saturday night, and to crowning the winner as Concacaf’s regional club champion.”
As Concacaf's tournaments continue to captivate audiences across the United States, including the 2024 Copa America, and the 2025 Gold Cup, Gannett and Concacaf will serve the extensive sports audiences of the USA TODAY Network and Concacaf, exceeding 50 million, to instill a passion for the game.
ABOUT GANNETT
Gannett Co., Inc. (NYSE: GCI) is a diversified media company with expansive reach at the national and local level dedicated to empowering and enriching communities. We seek to inspire, inform, and connect audiences as a sustainable, growth focused media and digital marketing solutions company. We endeavor to deliver essential content, marketing solutions, and experiences for curated audiences, advertisers, consumers, and stakeholders by leveraging our diverse teams and suite of products to enrich the local communities and businesses we serve. Our current portfolio of trusted media brands includes the USA TODAY NETWORK, comprised of the national publication, USA TODAY, and local media organizations in the United States, and Newsquest, a wholly-owned subsidiary operating in the United Kingdom. Our digital marketing solutions brand, LocaliQ, uses innovation and software to enable small and medium-sized businesses to grow, and USA TODAY NETWORK Ventures, our events division, creates impactful consumer engagements, promotions, and races.
ABOUT USA TODAY NETWORK
USA TODAY NETWORK, part of Gannett Co, Inc. (NYSE: GCI), is the leading news media publisher in the U.S. in terms of circulation, powered by our award-winning newsrooms and digital marketing solutions business. Our Domestic Gannett Media segment is comprised of USA TODAY, daily and weekly content brands in approximately 220 local U.S. markets. With deep roots in local communities spanning the U.S., we engage approximately 136 million monthly unique visitors, on average, through a diverse portfolio of multi-platform content offerings and experiences. For more information, visit gannett.com.
ABOUT CONCACAF
The Confederation of North, Central America, and Caribbean Association Football (Concacaf) is one of FIFA’s six continental confederations, servicing 41 Member Associations, from Canada and the United States in the north to Guyana, Suriname, and French Guiana in the south. Concacaf means football first. Our members are united by a shared vision: Love For Our Game, as well as a unique mission to develop, promote, and manage football throughout the region with integrity, transparency, and passion in order to inspire participation in the game.
Cautionary Note Regarding Forward-Looking Statements
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, Section 21E of the Securities Exchange Act of 1934, as amended, and the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995, that relate to our current expectations and views of future events. All statements other than statements of historical facts contained in this press release, including statements relating to whether the transaction will drive Concacaf or Gannett’s revenue and cash flow growth, result in or be able to leverage any synergies or be accretive to Concacaf or Gannett’s revenue, are all forward looking statements. These statements represent our opinions, expectations, beliefs, intentions, estimates or strategies regarding the future, which may not be realized. In some cases, you can identify forward-looking statements by terms such as “believe,” “may,” “estimate,” “continue,” “anticipate,” “intend,” “should,” “plan,” “expect,” “predict,” “potential,” “could,” “will,” “would,” “ongoing,” “future” or the negative of these terms or other similar expressions that are intended to identify forward-looking statements, although not all forward-looking statements contain these identifying words. Forward-looking statements are based largely on our current expectations and projections about future events and financial trends that we believe may affect our financial condition, results of operations, business strategy, short-term and long-term business operations and objectives and financial needs. These forward-looking statements involve known and unknown risks, uncertainties, contingencies, changes in circumstances that are difficult to predict and other important factors that may cause our actual results, performance, or achievements to be materially and/or significantly different from any future results, performance or achievements expressed or implied by the forward-looking statement. For a discussion of some of the risks and important factors that could cause actual results to differ materially from our expectations, see the risks and other factors detailed in Gannett’s 2022 Annual Report on Form 10-K and Gannett’s quarterly reports on Form 10-Q and each of Gannett’s other filings with the SEC, in each case as such factors may be updated from time to time. Any forward-looking statements contained in this press release speak only as of the date hereof and accordingly undue reliance should not be placed on such statements. Gannett disclaims any obligation or undertaking to update or revise any forward-looking statements contained in this press release, whether as a result of new information, future events or otherwise, other than to the extent required by applicable law.
Lark-Marie Anton
Gannett
Chief Communications Officer
(646) 906-4087
lark@gannett.com
Nicholas Noble
Concacaf
Director of Communications
(786) 598-2261
media@conacaf.org
Source: Gannett Co., Inc.
FAQ
What is the new Gannett and Concacaf partnership about?
Gannett and Concacaf have formed a media content partnership to enhance the visibility of the 2024 Concacaf Champions Cup and other major tournaments.
When is the final match of the 2024 Concacaf Champions Cup?
The final match of the 2024 Concacaf Champions Cup is on June 1, 2024.
Which teams will compete in the final of the 2024 Concacaf Champions Cup?
CF Pachuca from Mexico and Columbus Crew from the USA will compete in the final.
What will Gannett's USA TODAY Network provide in terms of coverage?
USA TODAY Network will offer full coverage of every match, trending news, and on-the-ground action via its 200 local publications.
How does Gannett plan to leverage the partnership with Concacaf?
Gannett aims to enhance fan engagement and capitalize on the rising popularity of soccer by providing exclusive coverage and articles to over 50 million sports enthusiasts.
What are the significant events associated with the Gannett and Concacaf partnership?
Key events include the 2024 Concacaf Champions Cup, the 2024 Copa America, and the 2025 Gold Cup.
How many men's clubs will participate in the 2024 Concacaf Champions Cup?
A total of 27 top men's clubs from North America, Central America, and the Caribbean will participate.
What does Gannett hope to achieve through this partnership?
Gannett aims to enrich its content offerings, engage a larger sports audience, and increase the visibility of soccer competitions across North America.
