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Tag: Gannett

Gannett reports huge financial losses, with print circulation down 13%

May 7, 2021   9:57 amMay 7, 2021   12:58 pm
Gannett reported a net loss of $142.3 million for the first quarter of 2021, with advertising revenues down 18% from the previous year, indicating continued financial difficulties that could impact the ten newspapers they own in New Jersey. The newspaper...
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Huge circulation drops for Gannett NJ papers, audit shows

November 29, 2019   4:27 pmDecember 2, 2019   12:24 am
Nine New Jersey-based Gannett daily newspapers experienced double-digit drops in circulation since 2017, with more than half of them below the national average, according to data filed with the Alliance for Audited Media and reported by the Boston Business Journal....
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Gannett newspaper votes to unionize

October 14, 2019   9:30 pm
Reporters for the Gannett-owned Arizona Republic voted to unionize last week, just one month before the media giant faces a shareholder vote on a proposed acquisition by GateHouse Media. The move to form a union passed by a 68%-32% margin....
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Gannett sets November 14 vote on sale to GateHouse

October 1, 2019   8:47 am
Gannett shareholders will vote on a proposed acquisition by GateHouse Media on November 14. If the $1.34 billion offer is accepted, the new company will become the largest print newspaper chain in the U.S. by far.  The merger would create...
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Company buying Gannett lays off 24 at other papers

August 14, 2019   9:10 amAugust 14, 2019   10:08 am
GateHouse Media has laid off two dozen newspaper employees so far this week, according to a report by Poynter. The move comes a week after GateHouse announced plans to purchase the Gannett newspaper chain and merge it into their own....
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A primer on NJ daily print newspapers

August 6, 2019   12:37 pmAugust 6, 2019   3:49 pm
The announcement yesterday that GateHouse Media has acquired Gannett, becoming the largest daily print newspaper chain in the country, means that 15 of New Jersey’s 17 dailies will be under the control of two national media conglomerates. None of the...
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Gannett chain sold to owner of Burlington County Times

August 5, 2019   2:58 pmAugust 5, 2019   4:26 pm
Gannett, which operates seven daily newspapers in New Jersey, has been sold to the New Media Investment Group/GateHouse Media, the owner of the Burlington County Times and NJBiz. As part of the merger, GateHouse chairman and CEO Michael Reed will...
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