Gannett newspaper chain to lay off 700 workers

Company says national print advertising revenue down 11 percentGannett Co. is cutting 2 percent of its workforce, or 700 employees, at its U.S. Community Publishing division as the company struggles to turn the corner on a deep downturn in advertising revenue. Continue reading at 'Baltimore Sun'

[ Baltimore Sun | 2011-06-22 00:00:00 UTC ]
News tagged with: #advertising revenue

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Gannett newspaper chain to lay off 700 workers

Company says national print advertising revenue down 11 percentGannett Co. is cutting 2 percent of its workforce, or 700 employees, at its U.S. Community Publishing division as the company struggles to turn the corner on a deep downturn in advertising revenue. Continue reading at Baltimore Sun

[ Baltimore Sun | 2011-06-22 00:00:00 UTC ]
More news stories like this | News stories tagged with: #advertising revenue

Gannett, Now Largest U.S. Newspaper Chain, Targets ‘Inefficiencies’

The merger of GateHouse Media and Gannett is now final, creating the largest newspaper publisher in the nation and raising concerns about the industry’s future. Continue reading at The New York Times

[ The New York Times | 2019-11-19 23:46:16 UTC ]
More news stories like this | News stories tagged with: #newspaper chain #raising concerns

Oregon weekly newspaper to relaunch print edition after theft forced it to lay off its entire staff

An Oregon weekly newspaper that had to lay off its entire staff after its funds were embezzled will relaunch its print edition next month Continue reading at ABC News

[ ABC News | 2024-01-28 01:58:28 UTC ]
More news stories like this | News stories tagged with: #print edition

Google gets sued by newspaper publisher Gannett

McLean newspaper publisher Gannett Co. Inc. (NYSE: GCI) said Tuesday it has sued Google LLC and parent company Alphabet Inc. (NASDAQ: GOOGL), alleging “monopolization of advertising technology markets and deceptive commercial practices.” Gannett says in its suit, which was filed in U.S.... Continue reading at Silicon Valley Business Journal

[ Silicon Valley Business Journal | 2023-06-21 14:18:58 UTC ]
More news stories like this | News stories tagged with: #district court #southern district #newspaper publishers #sell ads

AT&T cuts more than 8,700 workers in third quarter amid Covid-19

The cuts are the biggest since the surge in employees at the time of the Time Warner acquisition in 2018. Continue reading at Silicon Valley Business Journal

[ Silicon Valley Business Journal | 2020-10-26 17:04:42 UTC ]
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Hedge fund to pay $312M for McClatchy newspaper chain

Hedge fund Chatham Asset Management says it will pay $312 million to buy newspaper publisher McClatchy out of bankruptcy protection Continue reading at ABC News

[ ABC News | 2020-07-25 15:28:47 UTC ]
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After Its Merger, Gannett Will Be the Largest Newspaper Publisher in the U.S.

Shareholders approved a deal to combine GateHouse Media, which has received SoftBank funding, with the publisher of USA Today. Continue reading at The New York Times

[ The New York Times | 2019-11-14 20:26:07 UTC ]
More news stories like this | News stories tagged with: #usa today

Unsolicited buyout bid puts 23% premium on shares of newspaper publisher Gannett

Unsolicited buyout bid puts 23% premium on shares of newspaper publisher Gannett Continue reading at MarketWatch.com

[ MarketWatch.com | 2019-01-14 00:00:00 UTC ]
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With no election results, Gannett newspapers edge into the future for their print product

Newspaper publishers know they have to experiment to keep their print products viable. But innovating an expensive product is risky. The post With no election results, Gannett newspapers edge into the future for their print product appeared first on Digiday. Continue reading at Digiday

[ Digiday | 2018-11-06 00:00:00 UTC ]
More news stories like this | News stories tagged with: #election results #print product #newspaper publishers

BuzzFeed is laying off 100 workers, 8% of its U.S. employees, after missing revenue target

Digital media company BuzzFeed said it is laying off 8% of its U.S. employees, or 100 workers, as it changes its business model in a bid to boost revenue. It's also cutting an unspecified number of jobs in Britain. The company has 1,700 employees worldwide. A spokeswoman for New York-based... Continue reading at Los Angeles Times

[ Los Angeles Times | 2017-11-29 00:00:00 UTC ]
More news stories like this | News stories tagged with: #business model #boost revenue #unspecified number

Gannett Abandons Effort to Buy Newspaper Publisher Tronc

The former Tribune Publishing Company, now known as Tronc, is the owner of The Los Angeles Times and The Chicago Tribune. Continue reading at The New York Times

[ The New York Times | 2016-11-01 00:00:00 UTC ]
More news stories like this | News stories tagged with: #chicago tribune

Gannett increases its bid to $865m to acquire US newspaper rival

‘Aggressive’ USA Today publisher eager to swallow the Tribune companyUS newspaper giant Gannett has increased its takeover bid for another big publisher, Tribune, after its first attempt was rebuffed. Gannett, which owns the UK chain, Newsquest, raised its offer on Monday to about $475m (£327m),... Continue reading at The Guardian

[ The Guardian | 2016-05-17 00:00:00 UTC ]
More news stories like this | News stories tagged with: #big publisher #uk chain

Gannett gets even bigger by acquiring 34 more US newspapers

Publisher pulls off its first major deal since it was spun off from its TV divisionThere are signs of a new round of consolidation in the US newspaper market with Gannett’s acquisition of the Journal Media Group for $280m (£183m).It adds the Milwaukee Journal Sentinel plus 16 other daily papers... Continue reading at The Guardian

[ The Guardian | 2015-10-08 00:00:00 UTC ]
More news stories like this | News stories tagged with: #major deal #daily papers

Gannett is hungry for one thing – and it’s not great newspapers

Cutting jobs and resources is US publishing giant Gannett’s only tactic with its UK titles. Contrast that with Buzzfeed …Richard Walker, the Sunday Herald editor in Glasgow, and his Newsquest colleague Tony Carlin, editor of the Evening Times there, have both opted to take voluntary redundancy.... Continue reading at The Guardian

[ The Guardian | 2015-09-27 00:00:00 UTC ]
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The Guardian Publisher Gives His 700 Newspaper Staff a Pre-Christmas Bonus

Ray Tindle, the newspaper publisher who likes to reward his staff, is to pay a "chairman's bonus" to his company's 700 staff ahead of Christmas.  At the top level, full-time employees will get £400 each. The minimum pay ... Continue reading at Editor & Publisher

[ Editor & Publisher | 2014-11-12 00:00:00 UTC ]
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Local doesn't matter much to Gannett, but then neither do newspapers

Journalists on three titles in northern England owned by Gannett are to strike over plans to move editing work to south Wales. But this is of a piece with the US firm's attitude to print mediaHere's a claim to savour. "The strength of [our] network lies in its ability to penetrate local... Continue reading at The Guardian

[ The Guardian | 2014-02-23 00:00:00 UTC ]
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Boulder Newspaper Publisher to Lay Off 17

BOULDER - The Boulder-based publisher of the Daily Camera will lay off 17 advertising design and production employees in an outsourcing move, the newspaper reported Wednesday, Jan. 8. Continue reading at Editor & Publisher

[ Editor & Publisher | 2012-02-08 00:00:00 UTC ]
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Book Workers to Hold Day of Solidarity with Amazon Workers

Book business workers at a number of bookstores, publishers, and literary publicity firms have declared a Book Workers Day of Solidarity on March 26 in support of Amazon workers organizing to form a union in Bessemer, Ala. Continue reading at Publishers Weekly

[ Publishers Weekly | 2021-03-24 04:00:00 UTC ]
More news stories like this | News stories tagged with: #book workers #book business

Inland Press Association and Southern Newspaper Publishers Association Merge to Become America’s Newspapers

America’s Newspapers—the association formed from the merger of the Inland Press Association and Southern Newspaper Publishers Association—was ceremonially launched Oct. Continue reading at Editor & Publisher

[ Editor & Publisher | 2019-10-07 15:10:01 UTC ]
More news stories like this | News stories tagged with: #publishers association

Canada’s Indigo Bookstore Chain Agrees to a Buyout Offer

The buyout offer is expected to close in June, when Indigo will be removed from Toronto's stock market, the company going private. The post Canada’s Indigo Bookstore Chain Agrees to a Buyout Offer appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2024-04-03 21:44:05 UTC ]
More news stories like this | News stories tagged with: #post canada #buyout offer #stock market #bookstore chain