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Gannett’s Number One Shareholder: A ‘Passive’ JP Morgan

May 11, 2010 3:28 PM

Gannett’s financial situation has been looking a little better the past few quarters. The slightly brighter outlook could explain why JP Morgan has upped its shares in the McLean, VA-based company, making it Gannett’s largest shareholder, according to an SEC filing (via GannettBlog) as it sought bargain prices over the…

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Posted In: Media & Publishing, Newspapers, Money, Companies, Gannett, jp morgan

Newspaper Fas-Fax: E-Edition Circulation Up 40 Percent

Apr 26, 2010 5:29 PM

Buried inside today’s not-as-bad-as-feared newspaper circulation FAS-FAX (newspaper circ was only down 8.75 percent daily), some data on what’s going on with e-editions. The number of daily electronic editions sold by the newspapers at the top of the category rose 40 percent, according to reports made to the Audit Bureau…

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Posted In: Media & Publishing, Newspapers, Online News, Companies, Gannett, New York Times, News Corp., Dow Jones, Wall Street Journal, Washington Post, e-editions

Earnings
USA Today iPad App Will Go Subscription Model This Summer

Apr 16, 2010 10:12 AM

USA Today’s free, solely ad-supported iPad app will switch to subscription in July when the app’s exclusive sponsorship deal with Courtyard by Marriott concludes, Gannett (NYSE: GCI) CEO Craig Dubow said during the company’s Q1 earnings call. The app, which hit Apple’s iTunes App Store just before the iPad launched…

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Posted In: Advertising, Media & Publishing, Newspapers, Mobile, Money, Earnings, Companies, Apple, iPad, Gannett, usa today

Earnings
Gannett Beats Analysts’ Estimates; Weakness In Publishing, Digital Abates

Apr 16, 2010 8:23 AM

Digital revenues declined slightly for Gannett (NYSE: GCI) in Q1, suggesting that while a recovery is not exactly in full swing, things are looking up, even for newspapers. It should be pointed out that digital revenues were largely pulled down by Careerbuilder, which continues to struggle amid a still-miserable job…

EPS* Rev. vs Q109 Net Inc. vs Q109
Gannett Release Beat Analysts' Estimates Revenue Indicator 4.1% Net Income Indicator 109%
* vs. Analysts' Estimates: Beat Analysts' Estimates Beat Met Analysts' Estimates Met Missed Analysts' Estimates Missed
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Posted In: Advertising, Media & Publishing, Newspapers, TV, Broadcast, Money, Earnings, Companies, Gannett

Earnings
Newspaper Earnings Preview: Cost-Cutting, Slowing Ad Declines Provide A Bit Of Breathing Room

Apr 15, 2010 8:13 PM

Over the past six months, newspaper earnings results have been relatively positive as Gannett (NYSE: GCI), the New York Times Co. (NYSE: NYT)  and McClatchy (NYSE: MNI) have returned to profitability and ad declines have abated. When Gannett kicks off the Q1 newspaper earnings season on Friday morning, analysts expect…

what to expect from the companies reporting »

Posted In: Money, Earnings, Companies, Gannett, McClatchy, New York Times, Scripps, E W Scripps

Industry Moves
quadrantONE Hires Datran’s Diez To Head Sales; CEO Search Begins Shortly

Apr 15, 2010 12:30 PM

National newspaper online ad alliance quadrantONE has hired Datran’s Mario Diez to head up sales as it plans to launch a search for a new CEO, the company told paidContent. Last week, the company lost CEO Andy Ellenthal to semantic ad specialist Peer39. In the newly created post of SVP,…

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Posted In: Advertising, Industry Moves, Media & Publishing, Newspapers, Companies, Gannett, Hearst, New York Times, Tribune, mario diez, quadrantone

Industry Moves
Ex-Gannett Digital Exec Saridakis Named CEO Of GSI Commerce Marketing Unit

Apr 14, 2010 4:20 PM

A week after he announced his departure as Gannett’s chief digital officer, Chris Saridakis has been tapped as CEO of GSI Commerce’s (Nasdaq: GSIC) Marketing Services unit. Saridakis will oversee GSI’s existing marketing services businesses, e-Dialog and TrueAction, and will be responsible for running the company’s overall marketing services strategy.…

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Posted In: Advertising, Industry Moves, Marketing, Media & Publishing, Newspapers, Companies, Gannett, chris saridakis, gsi commerce

A Dozen National Broadcasters Align To Create One Mobile TV Network

Apr 13, 2010 3:47 PM

After working together for years through a trade association, a dozen broadcasters are now forming a financially-backed joint venture to develop a national mobile service, including live and on-demand video, local and national news and entertainment from both TV and print companies. The joint venture is upping the financial stakes…

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Posted In: Media & Publishing, TV, Mobile, Companies, Gannett, Hearst, NBC Universal, News Corp., Fox, Scripps, E W Scripps, belo, cox media, ion tv, media general, meredith, post-newsweek stations, raycom media

Industry Moves
Who Will Replace Gannett’s Saridakis?

Apr 8, 2010 7:30 PM

One name that is sure to be in the mix to replace Chris Saridakis as Gannett (NYSE: GCI) chief digital officer is Jack Williams. Williams has been serving as president of Gannett Digital Ventures since early ‘08, when he was shifted from his post as president of Gannett Digital in…

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Posted In: Industry Moves, Media & Publishing, Newspapers, Companies, Gannett, jack williams

USA Today Outsources Some Travel Content To Demand Media

Apr 8, 2010 1:59 PM

News organizations have always wrestled with the question of whether to give readers what they want or what they think readers should want. USA Today has apparently discovered a new solution to the challenge: Outsource the content that readers really want, and do the rest in house. Demand Media, which…

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Posted In: Media & Publishing, Newspapers, Online News, Companies, Gannett, demand media, usa today

Exclusive
Industry Moves
QuadrantOne CEO Andy Ellenthal Resigning; Peer39 Possible Destination

Apr 7, 2010 7:20 PM

Andy Ellenthal is leaving as CEO of quadrantONE, the national online newspaper ad alliance, paidContent has learned. Ellenthal, who was traveling, couldn’t be reached for comment and quadrantONE spokesman Drew Kerr would not comment on Ellenthal’s job status. Asked about rumors circulating that the company was in turmoil and was…

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Posted In: Advertising, Features, Exclusive, Industry Moves, Media & Publishing, Newspapers, Companies, Gannett, Hearst, New York Times, andy ellenthal, quadrantone

Industry Moves
Gannett Chief Digital Officer Saridakis Quits

Apr 7, 2010 1:21 PM

Gannett (NYSE: GCI) Chief Digital Officer Christopher Saridakis is leaving the company at the end of the month “to pursue other interests,” according to an SEC filing just filed. We had heard earlier this week that Saridakis was resigning to join another company, but Gannett declined to comment yesterday and…

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Posted In: Industry Moves, Companies, Gannett, chris saridakis

SEC Watch: Gannett Execs Still Raking It In, Despite Rapid Revenue Declines

Mar 18, 2010 9:24 AM

Two charts for you this morning, this time from Gannett (NYSE: GCI), and little explanation needed beyond that, despite all the spin and justification in the company’s proxy filing this morning. It isn’t just a company-specific issue, of course, with lots macro issues affecting the numbers, both on revenue and…

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Posted In: Media & Publishing, Newspapers, Money, Companies, Gannett

Sign of Times: Gannett Sells Off Honolulu Advertiser To Arch-Rival Local Paper

Feb 25, 2010 9:16 PM

Gannett (NYSE: GCI) has sold off The Honolulu Advertiser and related assets including website, non-daily publications and its interest in Hawaii.com, to its local arch rival Oahu Publications, owner of Honolulu Star-Bulletin. The deal is expected to close during Q2, and the two companies have already started speaking to regulatory…

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Posted In: Media & Publishing, Newspapers, Money, M&A & Venture Capital, Mergers & Acquisitions, Companies, Gannett, honolulu advertiser

SEC Watch: Gannett Can Keep Digital Rev Targets Secret Through 2011

Feb 17, 2010 3:56 PM

You would think Gannett (NYSE: GCI) would want to trumpet its digital revenue targets for this year, considering that the publisher’s digital revenues continue to climb, not counting the declines at jobs site Careerbuilder. But Gannett’s request to keep its digital revenue goals confidential was granted by the Securities &…

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Posted In: Media & Publishing, Newspapers, Money, Companies, Gannett

Adap.TV Forms Video Ad Exchange With Gannett, VivaKi

Feb 16, 2010 11:35 AM

Video ad manager Adap.tv is expanding into the exchange business with several major publishers and ad agencies. Among the first to try out Adap.tv’s video advertising marketplace are Gannett (NYSE: GCI), Publicis Groupe’s digital hub VivaKi. Over the past year, ad exchanges have emerged as an extension of remnant ad…

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Posted In: Advertising, Media & Publishing, Social Media, Video, Companies, Gannett, adap.tv, vivaki

Earnings
Gannett’s Debt Reduction Efforts Free Up Cash For Possible Investments

Feb 1, 2010 10:40 AM

While cost-cutting helped Gannett (NYSE: GCI) return to profit last quarter, the cash freed up by reducing its debt has Gannett ready to start investing in other companies again, executives said during the company’s Q4 earnings call. The McClean, VA., company lowered its debt by roughly $250 million in Q4…

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Posted In: Media & Publishing, Newspapers, Money, Earnings, Companies, Apple, iPad, Gannett

Earnings
Cost-Cuts Propel Gannett To Profit; Digital Dragged Down By CareerBuilder

Feb 1, 2010 8:32 AM

The pattern of swinging to profitability mostly on cost containment served Gannett (NYSE: GCI) well yet again in Q4, but advertising and classifieds remained bleak and weak during the period despite signs the bottom may have passed. The digital side was negatively affected by the dismal performance of classifieds, specifically…

EPS* Rev. vs Q408 Net Inc. vs Q408
Gannett Release Missed Analysts' Estimates Revenue Indicator 14.4% Net Income Indicator 96%
* vs. Analysts' Estimates: Beat Analysts' Estimates Beat Met Analysts' Estimates Met Missed Analysts' Estimates Missed
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Posted In: Advertising, Media & Publishing, Newspapers, Money, Earnings, Companies, Gannett

Media Measurement Consortium Adds Microsoft, Gannett, Hearst

Jan 26, 2010 9:29 AM

The drive to increase membership for the Coalition for Innovative Media Measurement , the research initiative formed by major TV networks, agencies and advertisers, is bearing fruit as the organization has added a number of high-profile companies. At its first meeting of 2010, CIMM also provided more details on the…

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Posted In: Advertising, Media & Publishing, TV, Cable & Telecom, Research & Metrics, Research, Companies, Gannett, Hearst, Microsoft

USA Today Site Redesign Aims For Advertisers

Jan 5, 2010 3:05 PM

USA Today has unveiled its second redesign in less than three years, this time with an emphasis on offering advertisers a wider array of formats to choose from. Last time around, USAT had concentrated on building out more social media on its site, including user comments and community features, something…

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Posted In: Advertising, Media & Publishing, Newspapers, Companies, Gannett

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