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.
USA TODAY Sports, a subsidiary of Gannett Co. (NYSE: GCI), has launched the 2022 Ferris Mowers Men’s Basketball Coaches Poll in partnership with the National Association of Basketball Coaches (NABC). This poll ranks the top 25 NCAA Division I Men’s Basketball teams based on votes from NABC-member coaches. The rankings will be published weekly, with the final poll determining the winner of the Ferris Mowers NABC National Championship Trophy in April. This initiative continues a 25-year tradition highlighting college basketball excellence.
Gannett Co., Inc. (NYSE: GCI) announced that its Chairman and CEO, Michael Reed, along with CFO Douglas Horne, will participate in two upcoming virtual conferences. The first is Citi's AppsEconomy Conference on January 6, 2022, at 1:00 p.m. ET, followed by the 24th Annual Needham Virtual Growth Conference on January 13, 2022, at 8:30 a.m. ET. The presentations will be accessible via the Investor Relations section of Gannett's website for 90 days post-event.
Gannett focuses on subscription-led, digitally-driven media and marketing solutions, engaging communities through various media assets including USA TODAY.
Gannett Co. (NYSE: GCI) has entered a partnership with TicketSmarter to enhance ticket purchasing opportunities for its USA TODAY NETWORK audience of over 145 million monthly visitors. The integration will allow users to buy tickets for concerts, sports, and theater events directly from content on USATODAY.com and local media sites. This first-of-its-kind agreement aims to connect local communities with events while facilitating seamless access to ticket sales. Scheduled integrations will enhance user experience with 'Buy Now' widgets and event information through 2022.
Gannett Co., Inc. (NYSE: GCI) has announced the inaugural Best of Humankind Awards, recognizing individuals who display extraordinary kindness and perseverance. Hosted by Jenna Bush Hager, the awards will premiere on December 9, celebrating nominees across 11 categories. The public voting saw over 70,000 votes, and winners will receive $1,000 to support their causes. This initiative aims to engage the community and share uplifting stories through the Humankind franchise, which generated over three billion views in 2020.
Gannett Co. Inc. (NYSE: GCI) has announced the auctioning of two unique NFTs created by artist Peter Tunney, with proceeds benefiting The Sunny Center and the Gannett Foundation. The NFTs, titled ‘GRATTITUDE’ and ‘LIBERTY,’ will be auctioned on OpenSea, marking Gannett's second NFT auction following its first collection in June. The ‘GRATTITUDE’ NFT is priced at $250 each, while the ‘LIBERTY’ NFT starts at a minimum bid of $50,000, including the original artwork. This initiative aims to support community-building and raise awareness about wrongful convictions.
On November 17, 2021, Sony Electronics announced its partnership with Gannett, becoming the official imaging products provider for the USA TODAY NETWORK. This collaboration aims to enhance Gannett's photo and video journalism capabilities by providing access to a wide range of Sony imaging products, including the Alpha 1 and FX Cinema Line cameras. Gannett's journalism team, comprising over 500 professionals, produces nearly two million edited images and thousands of videos annually. The rollout of Sony imaging kits will begin immediately in select markets.
Gannett Co., (NYSE: GCI) reported its Q3 2021 results, highlighting a 46% growth in digital-only subscribers, reaching over 1.5 million. Total revenues decreased by 1.8% to $800.2 million, while same store revenues rose 0.9%. Digital revenues comprised 33.1% of total revenues, up 17.8% year-over-year. Adjusted EBITDA increased 16.0% to $102.1 million, marking four consecutive quarters of growth. The company's recent debt refinancing led to a reduced cost of debt by 200 basis points, improving financial flexibility for shareholder value maximization.
Gannett Co., Inc. (NYSE: GCI) is set to release its third quarter 2021 financial results on November 5, 2021, prior to market opening. Management will hold a conference call at 8:30 A.M. ET. Interested parties can access the call by dialing 1-877-451-6152 or via webcast. A telephonic replay will be available post-call through November 19, 2021. Gannett is committed to empowering communities through its media and marketing solutions, with significant reach across the U.S. and U.K.
On October 15, 2021, Gannett Co., Inc. (NYSE: GCI) announced a five-year term loan facility worth
The American Influencer Awards (AIA), part of Gannett (NYSE: GCI), will honor social media influencers across various categories including beauty, fashion, fitness, and lifestyle. Hosted by Andy Cohen, the event will be broadcast on-demand on November 3 at 8 p.m. EDT on the USA TODAY News Channel and its YouTube channel. This year, over five million votes were cast for finalists, which showcases the growing impact of influencers. The inaugural AIA Advisory Board, comprising industry experts, will oversee the award process to ensure fairness and inclusivity.
FAQ
What is the current stock price of Gannett Co. (GCI)?
What is the market cap of Gannett Co. (GCI)?
What is Gannett Co., Inc. known for?
How many local media organizations does Gannett operate?
What are the main business segments of Gannett Co., Inc.?
How many unique visitors access Gannett’s content monthly?
Which segment contributes the most to Gannett’s revenue?
What kind of events does Gannett produce annually?
What is the reach of Gannett's U.S. newspapers?
What companies are included in Gannett’s digital marketing services?
How does Gannett maintain its relevance in the media industry?
What is Newsquest's role within Gannett?
