Welcome to our dedicated page for Gannett Co. news (Ticker: GCI), a resource for investors and traders seeking the latest updates and insights on Gannett Co. stock.
Gannett Co., Inc. (symbol: GCI) is a leading media and marketing company with a unique local-to-national reach that successfully connects consumers, communities, and businesses. The company is best known for its iconic publication, USA TODAY, and operates 92 strong local media organizations across 33 states and Guam. In the U.K., Gannett is represented by Newsquest, which oversees more than 160 local news brands online.
Gannett provides rich content through an extensive portfolio of digital, mobile, and print products, reaching more than 95 million unique visitors each month. This makes the company one of the top 10 news and information providers in the U.S. Additionally, its U.S. newspapers attract an extra audience of 9 million readers every weekday.
The company is divided into three main segments: Domestic Gannett Media, Newsquest, and Digital Marketing Solutions. The majority of its revenue comes from the Domestic Gannett Media segment, which includes more than 250 daily newspapers and digital marketing service companies like ReachLocal and WordStream. Besides traditional media, Gannett also produces over 350 annual events, ranging from themed expos to community gatherings.
Gannett continues to thrive by leveraging advancements in technology, digital media, and print publishing. Its 360-degree storytelling approach ensures that audiences, whether in local townships or on national stages, stay informed about what matters most to them. The company's dedication to community engagement and high-quality journalism is evident in its widespread reach and loyal readership.
Gannett Co., Inc. (NYSE: GCI) has launched a new advertising campaign for its LocaliQ digital marketing solutions titled 'Seize Your Potential.' The campaign showcases testimonials from four small businesses in different sectors, highlighting their growth through LocaliQ's marketing platform. LocaliQ is designed to enhance customer engagement using data-driven insights and marketing automation. The campaign will run in select markets, including Austin and Nashville, through early November, promoting LocaliQ's aim to empower local businesses.
Gannett Co., Inc. (NYSE: GCI) announced participation by its Chairman and CEO Michael Reed, along with Digital Marketing Solutions President Kris Barton, at Citi’s 2022 Global Technology Conference on September 9, 2022, at 10:30 a.m. ET in New York. The presentation will be accessible through the Investor Relations section of Gannett’s website and archived for 90 days. Gannett is a digitally-focused media and marketing solutions company that reaches millions with its Pulitzer Prize-winning content and operates local media across the U.S. and the U.K.
The Weather Channel has partnered with Tripadvisor and USA TODAY to offer premium subscription bundles that save consumers time and money. These bundles allow users to manage their Weather Channel Premium Pro subscription alongside Tripadvisor Plus or USA TODAY's Digital All-Access plan in one place. The Tripadvisor Plus subscription includes exclusive pricing on over 100,000 hotels and additional travel perks. The combined price for these subscriptions is $89.99 for Tripadvisor and $79.99 for USA TODAY, providing significant yearly savings. The initiative aims to enhance user convenience and value.
Gannett Co., Inc. (GCI) reported its second quarter 2022 results, highlighting a 35% growth in digital-only paid subscribers to a record 1.87 million, alongside digital revenues reaching $261.8 million, representing 35% of total revenues. Despite the achievements, total revenues decreased 6.9% year-over-year to $748.7 million, with a net loss of $53.7 million. The company is adjusting its full-year outlook, forecasting revenues between $2.95 billion and $3.0 billion amid ongoing economic challenges.
Gannett Co., Inc. (NYSE: GCI) will release its second quarter 2022 financial results on August 4, 2022, before the stock market opens. A conference call will take place the same day at 8:30 A.M. Eastern Time, accessible to all interested parties. To join, dial 1-877-451-6152 (U.S.) or 1-201-389-0879 (international). A webcast will also be available on Gannett's Investor Relations website. A replay of the call will be available until August 18, 2022.
Rob Gronkowski and Vernon Davis will host the USA TODAY High School Sports Awards on July 31 at 8 p.m. ET. This event honors top high school athletes nationwide, culminating from 24 local shows. Nominees are determined through statistical analysis and feedback. Gronkowski and Davis expressed excitement for recognizing young talent and inspiring future athletes. The awards recognize achievements in 18 sports and feature prestigious honors like Team of the Year and Coach of the Year.
Gannett Co., Inc. (NYSE: GCI) announced the appointment of Vincent Cirel as Chief Technology Officer (CTO), aiming to enhance its digital transformation. Cirel, with over 20 years of experience, will spearhead Gannett’s technology strategy, focusing on cybersecurity and compliance with data privacy regulations. Previously, he led technology operations at Scientific Games and Norwegian Cruise Line Holdings. Gannett's CFO Doug Horne expressed confidence in Cirel's abilities to improve operational efficiency and customer experiences during this pivotal transition.
Gannett Co., Inc. (NYSE: GCI) announced a strategic restructuring, launching two business units: Gannett Media and Digital Marketing Solutions (DMS). Under the leadership of Maribel Perez Wadsworth and Kris Barton, respectively, this reorganization aims to enhance consumer and B2B operations, fostering sustainable revenue and cash flow growth. The focus on digital customer engagement and subscriber growth is intended to optimize Gannett's legacy business while expanding digital offerings, positioning the company for future success.
Gannett Co., Inc. (NYSE: GCI) has announced the 2022 A Community Thrives program, a $2 million initiative aimed at supporting community-building efforts across the nation. Non-profit organizations can apply from June 1 to June 30, 2022, for grants ranging from $25,000 to $100,000. Since its launch in 2017, the program has distributed over $17 million to 500 organizations, showcasing a strong commitment to empowering under-served communities. The fundraising phase will occur from July 18 to August 12, 2022, with recipients announced on October 5.
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