New Media Investment Group
Though Gannett touts a strong first quarter, the media organization posted decreased revenue and a $142.3 million net loss.
Media organization Gannett Co., Inc. has set an ambitious goal of reaching 10 million paid digital-only subscribers in the next five years.
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 &
Gannett is asking its staff to make a “collective sacrifice” with unpaid furloughs and pay cuts in the wake of the coronavirus.