REUTERS AND GANNETT LAUNCH BUNDLE CONTENT OFFERING

Rhea-AI Summary

Reuters and Gannett (NYSE: GCI) have announced a strategic content partnership launching in Q1 2025. The collaboration will offer media companies access to ready-to-publish multimedia content combining Reuters' national and international coverage with Gannett's USA TODAY Network local news from over 200 publications.

The bundle aims to provide a cost-effective solution for local newsrooms facing resource constraints, delivering content through Reuters API and Reuters Connect platform. The offering includes breaking news, entertainment, sports, and lifestyle coverage, allowing media companies to focus on community-specific stories while accessing comprehensive content from both trusted brands.

This partnership represents a significant move to address the evolving needs of media brands, combining USA TODAY Network's extensive national reach with Reuters' global coverage in a single news feed, delivered at a reasonable price without requiring costly membership.

Positive

• Strategic partnership combining Reuters' global reach with Gannett's local network of 200+ publications
• New revenue stream through content licensing to media companies
• Cost-effective solution for local newsrooms could drive strong market adoption
• Leverages existing infrastructure (Reuters API and Connect platform) for efficient delivery

Negative

• Revenue impact and financial terms not disclosed
• Implementation timeline extends to Q1 2025, indicating delayed revenue recognition

Feeds of ready-to-publish content including images, text and video available to media companies

NEW YORK, Jan. 2, 2025 /PRNewswire/ -- Reuters and Gannett Co., Inc. (NYSE: GCI) today announced an agreement to provide media brands and publishers with a unique offering that includes ready-to-publish local, regional, state, national and international multimedia news and content. The new offering will combine Reuters extensive national and international coverage with Gannett's USA TODAY Network coverage of local news from more than 200 publications across the country. This enables media companies to focus their efforts on the stories that matter most to their communities, while relying on Reuters and the USA TODAY Network for relevant content including breaking news, entertainment, sports and lifestyle coverage.

This collaboration offers an innovative product that addresses the evolving needs of media brands leveraging USA TODAY Network's extensive national reach and Reuters unparalleled national and international coverage. The collaboration delivers an unbiased and impartial news offering from Reuters, with USA TODAY and the USA TODAY Network's extensive coverage on diverse topics from local communities, delivered in a single news feed.

"In today's rapidly changing media landscape, local newsrooms are often faced with stretched resources. This synergy of two trusted brands provides a cost-effective solution that frees up valuable resources for local news outlets," said Alphonse Hardel, Head of Reuters News Agency. "As we continue to invest in our U.S. news offering, including appointing Sally Buzbee as U.S. and Canada news editor, this collaboration with Gannett will ensure U.S. publishers have access to flexible, cost-effective solutions, allowing them to focus on what they do best – understanding their audiences and developing the stories that are most relevant and impactful."

"Gannett has been empowering local newsrooms across the USA TODAY Network with our trusted content and journalism for decades. This collaboration gives other local bureaus and media companies access to reliable news and information, proven to drive digital audience, with an array of content from national politics and local breaking news to best-in-class sports and entertainment coverage," said Kristin Roberts, Gannett Media Chief Content Officer. "The Reuters-USA TODAY Network collaboration provides a compelling local and global offering. This bundle delivers a known market need, at a reasonable price that doesn't require a costly membership. We aim to enable brands to allocate resources to cover the stories that matter most in their respective markets."

The Reuters-USA TODAY Network bundle offering will be available to media companies during the first quarter of 2025 via Reuters API and award-winning content platform Reuters Connect, ensuring content gets to customers' newsrooms seamlessly. Interested newsrooms should contact Reuters News Agency here for more information.

ABOUT REUTERS
Reuters, part of Thomson Reuters, is the leading global provider of business, financial and world news, reaching billions of people worldwide every day. Leveraging industry expertise and cutting-edge technology and tools, Reuters global team of trusted journalists delivers fast, accurate and fact-based news, insight and analysis to financial market professionals exclusively via LSEG products, to the world's media organizations and to professionals via industry events and Reuters.com. Founded in 1851, Reuters is committed to the Trust Principles of independence, integrity and freedom from bias. For more information, visit Reuters.com.

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.

Cautionary Note Regarding Forward-Looking Statements

Certain statements in this news release are forward-looking, including but not limited to when the companies expect the offering will be available. The words "expect", "anticipate", "believe" and similar expressions identify forward-looking statements. While the company believes that it has a reasonable basis for making forward-looking statements in this news release, they are not a guarantee of future performance or outcomes and there is no assurance that any of the other events described in any forward-looking statement will materialize. Forward-looking statements are subject to a number of risks, uncertainties and assumptions that could cause actual results or events to differ materially from current expectations. Many of these risks, uncertainties and assumptions are beyond our company's control and the effects of them can be difficult to predict. You are cautioned not to place undue reliance on forward-looking statements which reflect expectations only as of the date of this news release. Except as may be required by applicable law, Thomson Reuters disclaims any obligation to update or revise any 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 Gannett's revenue and cash flow growth, or result in an expansion of Gannett's client base, 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 2024 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.

MEDIA CONTACTS
Reuters	Gannett | USA TODAY Network
Heather Carpenter	Lark-Marie Antón
Senior Director, Communications, Reuters	Chief Communications Officer
(646) 540-2073	(646) 906-4087
heather.carpenter@tr.com	lark@gannett.com

 

View original content:https://www.prnewswire.com/news-releases/reuters-and-gannett-launch-bundle-content-offering-302341234.html

SOURCE Reuters

FAQ

When will the Reuters-Gannett (GCI) content bundle launch?

The Reuters-USA TODAY Network bundle offering will be available to media companies during the first quarter of 2025.

How many local publications are included in the Gannett (GCI) content bundle?

The content bundle includes coverage from more than 200 Gannett publications across the country through the USA TODAY Network.

What types of content will be included in the Reuters-Gannett (GCI) bundle?

The bundle includes ready-to-publish local, regional, state, national, and international multimedia news content, covering breaking news, entertainment, sports, and lifestyle topics.

How will media companies access the Reuters-Gannett (GCI) content bundle?

The content bundle will be accessible via Reuters API and the Reuters Connect content platform.

What is the pricing model for the Reuters-Gannett (GCI) content bundle?

The bundle is described as being available at a reasonable price without requiring a costly membership, though specific pricing details are not disclosed.