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Gannett Co., Inc. - GCI STOCK NEWS

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 reports Q2 financial results: Operating Income of $13.5M, Net Loss Attributable to Gannett of $12.7M. Adjusted EBITDA of $71.2M, up 40% YoY. Cash Provided by Operating Activities of $46.1M, up 250% YoY. Total Digital Revenues returned to growth in Q2. Digital-only ARPU up 6% YoY to $6.35. DMS achieved record high core platform revenues and ARPU. Total revenues decreased 10.2% YoY. Same store revenues decreased 8.6% YoY. Digital-only subscription revenues grew 16.6% YoY. Total digital revenues were 39.0% of total revenues. Adjusted EBITDA margin improved to 10.6%
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Gannett Co., Inc. announced the appointment of Chris Cho as President of Digital Marketing Solutions (DMS) to accelerate the growth of LocaliQ, a digital marketing growth platform. Cho brings over 20 years of experience in product development and has previously held leadership positions at Axiom, Monster, Radancy, Jibe, and Talemetry.
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Gannett Co., Inc. has filed a federal lawsuit against Google, accusing the tech giant of monopolizing the digital advertising marketplace and engaging in deceptive commercial practices. The lawsuit aims to restore competition and encourage investment in newsrooms. Google controls 90% of the market for 'publisher ad servers' and over 60% of the market for 'ad exchanges.' Gannett claims that Google's practices have depressed revenue and negatively impacted local newsrooms.
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The 2023 USA TODAY Wine & Food Experience is going on a nationwide tour from August through November, celebrating local cuisine and culinary leaders across the country.
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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
Link
United States of America
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