Gannett and Netflix Grow Subscription Base, But Earnings Fall Short

Gannett Company, the owner of USA Today and other newspaper and television stations across the country, posted their second quarter earnings this week and reported a 5.2% drop. However, digital revenues saw a 20% increase to $374 million, mainly due to the implementation of a number of paywalls for the company’s regional papers. While the company does not break out subscription revenue from other revenue forms in its quarterly report, digital revenues now account for nearly…

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