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Gannett 3Q profits down 32 pct, signals job cuts

AP — Fri, 24 Oct 2008 19:00:25 +0000

Gannett Co., the nation’s largest newspaper publisher, said Friday that its third-quarter profits fell 32 percent as advertising revenue declined, and new job cuts are likely as a...

Gannett 3Q profits down 32 pct on lower ad revenue

AP — Fri, 24 Oct 2008 13:06:28 +0000

Gannett Co. is reporting that its third-quarter profits fell 32 percent because its advertising revenue fell compared with last year.

Gannett is cutting 1,000 newspaper jobs

AP — Thu, 14 Aug 2008 20:35:00 +0000

Gannett Co. is eliminating 1,000 jobs, including 600 layoffs, across its newspaper operations, a company spokeswoman said Thursday.

Correction: Newspapers earnings roundup

AP — Fri, 25 Jul 2008 17:11:18 +0000

In a July 24 story rounding up earnings reported by three U.S. newspaper companies and the industry’s general outlook, The Associated Press misspelled the name of a fourth news media company. Gannett Co. is the correct spelling, not...

Gannett 2Q profit falls by 36 percent

AP — Wed, 16 Jul 2008 13:30:59 +0000

Newspaper publisher Gannett Co. is reporting a 36 percent drop in second-quarter earnings as the newspaper industry’s woes caused a sharp drop in revenue.The publisher of USA Today and dozens of other newspapers said Wednesday it earned $233...

Gannett to take $2.5B to $3B write-down

AP — Mon, 09 Jun 2008 15:11:12 +0000

The nation’s largest newspaper chain, Gannett Co., will write down its assets by about $2.5 billion to $3 billion this quarter to reflect the declining value of its operations in the United Kingdom and the United States.At an investor...

Weak economy hits results at Gannett, Lee Enterprises

AP — Mon, 21 Apr 2008 19:57:13 +0000

Newspaper publishers reported more trouble from the weak economy Monday as Lee Enterprises Inc. and industry leader Gannett Co. posted lower first-quarter revenues, especially in classifieds.A.H. Belo Corp., spun off two months ago from broadcaster...

Gannett 1Q earnings fall 9 pct on weak economy, ad slump

AP — Mon, 21 Apr 2008 13:37:40 +0000

The nation’s largest newspaper publisher, Gannett Co., said Monday that its earnings fell 9 percent in the first three months of the year as the weak economy contributed to a drop in advertising.The McLean-based publisher of USA Today and 84...

Gannett 1Q profit falls 9 pct as ad revenue drops

AP — Mon, 21 Apr 2008 12:46:23 +0000

The nation’s largest newspaper publisher Gannett Co. says its earnings fell about 9 percent in the first three months of the year as the weak economy contributed to a drop in advertising.The McLean-based publisher of USA Today and 85 other...

Tribune, Gannett Join Forces on Metromix

AP — Mon, 29 Oct 2007 17:07:05 +0000

Newspaper publishers Tribune Co. and Gannett Co. have formed a joint venture to expand a national network of local entertainment Web sites, the companies said on Monday.Originally launched by the Chicago Tribune as a youth-oriented listings...