Gannett Co. Inc.
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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 is making major cuts that directly impact staff including pause of 401(k) match, mandatory leave and severance offers.
A former Courier News subscriber sues Gannett for the alleged auto-renewal of a cancelled subscription.
Gannett grows to more than 1.6M digital-only paid subscribers in Q4 2021, but total revenue drops 5.6%.
The Philadelphia Inquirer is planning to sell its 674,000 sq. ft. printing facility by year end, forcing a layoff of 500 employees.
Gannett reported 31% growth year-over-year in digital-only subscribers for Q2 2020, bringing total digital-only subscribers to 927,000.
In its first full quarter earnings report since the merger, Gannett Co., Inc. reports a net loss of $80.2 million and strong revenue & adjusted
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