Gannett
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Gannett, the largest newspaper chain in the US, reported mixed results for Q2 but is optimistic about the balance of 2023.
Gannett, the nation’s largest publisher, filed a federal suit against Google for its ad tech monopoly.
Wired wonders if streaming is dead, hundreds of Gannett journalists go on strike to demand a leadership change, and Meta tests its ability to block
Zuora’s subscription economy index outpaces the S&P 500, Gannett says it may sell off more newspapers, and Substack wants newsletter writers to invest in them.
Gannett hangs its hat on digital revenue. Total revenue declines but the company is seeing growth in digital-only paid subscriptions.
Gannett ends most online comments; users gripe about clampdowns on Netflix password sharing, Facebook fined $1M for misconduct.
For Q3 2022, Gannett reported 1.98M digital-only paid subscribers, growing to more than 2M in October.
Google faces a lawsuit in UK & EU over digital ads, Gannett is selling 4 Massachusetts newspapers, BDG lays off staff at Mic.
Gannett has confirmed they have eliminated 400 jobs and chosen not to fill another 400 positions.
After poor performance in the second quarter of 2022, Gannett starts laying off staff.
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