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.
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Gannett Co., Inc. (GCI) reported strong financial results for Q4 2023, with total digital revenues exceeding 41% of total revenues. Digital-only subscription revenues surpassed $150 million, and digital-only average revenue per user reached a new high. The company's partnership strategy is expected to generate $20 million in high-margin revenue in 2024. Adjusted EBITDA and free cash flow grew in 2023, with over $140 million in debt repayments reducing leverage. Gannett aims for sustainable digital growth in 2024, focusing on revenue and free cash flow growth, profit improvements, and deleveraging.
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State Farm wins the 36th USA TODAY Ad Meter competition with 'Like a Good Neighbaaa' commercial during the Super Bowl, featuring Arnold Schwarzenegger and Danny DeVito.
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Gannett Co., Inc. (NYSE: GCI) will release its fourth quarter 2023 financial results on February 22, 2024. A conference call will be hosted to review the financial and operating results. Interested parties can participate in the live call or access a simultaneous webcast. The earnings release will be posted on the Investor Relations section of Gannett's website. A telephonic replay of the conference call will also be available for a limited time.
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Gannett Co., Inc. (NYSE: GCI) faces a lawsuit in Oklahoma, with a jury finding them liable for defamation and awarding the plaintiff $25 million in damages. Gannett plans to seek appellate review, stating that the verdict was a result of errors in the trial process. The company believes that the damages, if any, will be covered by insurance and not have a material impact on its financials or liquidity.
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The 36th annual Ad Meter competition has been officially launched by USA TODAY, part of Gannett Co., Inc. (NYSE: GCI), with H&R Block as the presenting sponsor. The competition invites consumers to rate Super Bowl LVIII commercials and features interactive rating, exclusive video programming, and events. Kia and State Farm are associate sponsors of the 2024 Ad Meter competition. The winner will be announced live on CBS Mornings and at admeter.usatoday.com on February 12. H&R Block is excited to return as a sponsor of the USA TODAY Ad Meter this year. Additionally, participants can cast their votes for USA TODAY Ad Meter Replay Ratings, and the Ad Meter will host its annual summit with industry leaders from Anheuser-Busch, Mars Wrigley, OREO, and Hellmann’s.
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Gannett Co., Inc. (NYSE: GCI) and the USA TODAY Network have formed a multi-year agreement to be the official content partner of the Big Ten Conference, the oldest Division I collegiate athletic conference in the United States. The partnership will feature syndicated content from USA TODAY Network’s local network of over 200 publications on BigTen.org, including content from The Columbus Dispatch, The Des Moines Register, Detroit Free Press, and The Indianapolis Star. USA TODAY will also produce souvenir covers for winners of the Big Ten Championship Games in football and men’s and women’s basketball.
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USA TODAY NETWORK Ventures, part of Gannett Co., Inc. (NYSE: GCI) announces The Legends Party, in partnership with the National Football League Alumni Association and USA TODAY, featuring musical guest Jason Derulo. The event will take place on Friday, February 9 from 8:00 p.m. – 1:00 a.m. (PST) at AREA15 in Las Vegas, NV. The evening will include a pre-party with red-carpet entry and meet-and-greet opportunities with NFL legends and special guests, premier cocktails, beer, wine, and passed hors d’oeuvres. The main event will feature a ceremony honoring pro football legends and conclude with a performance by Jason Derulo. VIP attendees will have access to a VIP platform and dedicated bar during the musical performance. Proceeds from a silent auction held during the event will benefit the National Football League Alumni Association’s charity, Caring for Kids.
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Gannett Co., Inc. (NYSE: GCI) to Present at 26th Annual Needham Growth Conference
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Reviewed, a consumer product review brand under Gannett Co., Inc. (NYSE: GCI), will host its second annual AccessABILITY Awards at the 2024 Consumer Electronics Show, honoring top products designed for consumers with disabilities. The awards aim to recognize excellence and innovation in the AccessABILITY category, showcasing the latest in accessible product innovation and new trends hitting the market.
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Gannett Co., Inc. (NYSE: GCI) has joined LOT Network, the largest patent licensing platform and non-profit community of global companies to protect its members against patent assertion entities (PAEs). The network ensures that if a member's patent asset falls into the hands of a PAE, other members are granted a license to that patent, rendering them immune to a PAE lawsuit using the same patent. Gannett's membership in LOT will reduce litigation risk and costly patent-troll lawsuits, allowing the company to focus on developing innovations that further strengthen its position as a digitally-focused media industry and marketing solutions leader.
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FAQ
What is the current stock price of Gannett Co. (GCI)?
The current stock price of Gannett Co. (GCI) is $5.38 as of November 22, 2024.
What is the market cap of Gannett Co. (GCI)?
The market cap of Gannett Co. (GCI) is approximately 781.3M.
What is Gannett Co., Inc. known for?
Gannett Co., Inc. is primarily known for its publication USA TODAY and its extensive local media and digital marketing services.
How many local media organizations does Gannett operate?
Gannett operates 92 local media organizations across 33 states and Guam.
What are the main business segments of Gannett Co., Inc.?
The main business segments are Domestic Gannett Media, Newsquest, and Digital Marketing Solutions.
How many unique visitors access Gannett’s content monthly?
More than 95 million unique visitors access Gannett’s content each month.
Which segment contributes the most to Gannett’s revenue?
The Domestic Gannett Media segment contributes the most to Gannett’s revenue.
What kind of events does Gannett produce annually?
Gannett produces over 350 annual events, including themed expos and community gatherings.
What is the reach of Gannett's U.S. newspapers?
Gannett's U.S. newspapers reach an additional audience of 9 million readers every weekday.
What companies are included in Gannett’s digital marketing services?
Gannett’s digital marketing services include companies like ReachLocal and WordStream.
How does Gannett maintain its relevance in the media industry?
Gannett leverages advancements in technology, digital media, and print publishing to maintain its relevance.
What is Newsquest's role within Gannett?
Newsquest oversees more than 160 local news brands online in the U.K.
Gannett Co., Inc.
NYSE:GCI
GCI Rankings
GCI Stock Data
781.28M
140.04M
5%
79.22%
10.29%
Publishing
Newspapers: Publishing Or Publishing & Printing
United States of America
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