Gannett Co., Inc. operates as a media and marketing solutions company in the United States. It operates through two segments, Publishing and Digital Marketing Solutions. The company's principal products include 253 daily newspapers with total paid circulation of approximately 2.6 million and Sunday circulation of 3.0 million; 308 weekly newspapers with total circulation of approximately 1.6 million; and 375 locally-focused websites. Its principal products also comprise 121 daily and weekly news media brands and approximately 100 magazines, and related digital platforms; USATODAY.com and mobile applications, and sports network, as well as Reviewed.com, an affiliate marketing service; and USA TODAY NETWORK, a community events platform. The company also offers digital marketing solutions, such as online presence solutions, online advertising products, conversion software, and cloud-based software solutions. In addition, it produces niche publications that address specific local market interests, such as recreation, sports, healthcare, and real estate. Further, the company offers local market news and information, as well as advertising and subscriptions, and commercial printing and distribution services; and prints commercial materials, including flyers, business cards, and invitations. The company was formerly known as New Media Investment Group Inc. and changed its name to Gannett Co., Inc. in November 2019. Gannett Co., Inc. was founded in 1906 and is headquartered in McLean, Virginia.
IPO Year: 2014
Exchange: NYSE
Website: gannett.com
Date | Price Target | Rating | Analyst |
---|---|---|---|
9/17/2024 | $5.09 | Sell → Neutral | Citigroup |
8/28/2024 | Neutral → Sell | Citigroup | |
7/1/2024 | $6.00 | Mkt Outperform | JMP Securities |
5/24/2024 | $1.95 → $3.60 | Sell → Neutral | Citigroup |
12/12/2023 | $5.00 | Buy | Compass Point |
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Miranda brings over two decades of dedicated industry experience leading enterprise digital transformations Gannett Co., Inc. (NYSE:GCI) announced today that Joe Miranda will be joining as Chief Technology and Data Officer. In his role, Miranda will lead the adoption of new technologies to improve digital media and marketing solutions systems and products, including AI, machine learning, and big data analytics across the enterprise. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250611384389/en/Joe Miranda "I'm honored to join Gannett at this pivotal moment as AI, data, and technology reshape how journalism is produced, distri
First publisher in the U.S. to launch Taboola's Gen AI answer engine, connecting readers with news and content from USA TODAY and the USA TODAY Network Gannett Co., Inc. (NYSE:GCI) today launched DeeperDive, an industry-first Gen AI answer engine created by Taboola deployed directly on USA TODAY's website. The technology connects readers with clear answers to the topics they want to know about and real-time content exclusively from USA TODAY and the USA TODAY Network. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250611235734/en/ DeeperDive brings the power of GenAI search engines, directly onto USA TODAY's platform, tapping
NEW YORK, June 11, 2025 (GLOBE NEWSWIRE) -- Taboola today announced DeeperDive, an industry-first Gen AI answer engine designed to live directly on publisher websites and leverage their own content. DeeperDive connects readers with trusted sources to explore topics they care about, directly within publisher sites. Some of the largest publishers in the world have joined Taboola as design partners for DeeperDive, including Gannett I USA TODAY Network, and The Independent. Today's publishers face growing threats from Generative AI-powered search engines that scrape their content without permission, reduce their traffic, and offer no compensation in return. DeeperDive offers a new path forwar
Gannett Co., Inc. (NYSE:GCI) today announced an agreement with XPR Media, a dynamic content and distribution platform for the distribution of press releases across the USA TODAY Network of more than 200 publications nationwide. The partnership will leverage Gannett's extensive media network and XPR Media's cutting-edge content delivery technology to provide news distribution agencies increased visibility around press releases for a broader audience. This collaboration will create new opportunities for audience engagement. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250604988803/en/ Press releases distributed through this coll
Enterprises can enrich their AI apps and agents with news and content from USA TODAY and USA TODAY Network Gannett Co., Inc. (NYSE:GCI) today announced an agreement with Snowflake, the AI Data Cloud company, to join Snowflake Marketplace. Snowflake Marketplace enables enterprises to enrich their AI apps and agents with proprietary unstructured data from third-party providers, while allowing providers to protect their intellectual property and ensure proper attribution. This includes real-time news and content from USA TODAY and the USA TODAY Network of over 200 local publications across the country. This press release features multimedia. View the full release here: https://www.businessw
Culinary Experience Returns to Eight Cities Across the U.S. The 2025 USA TODAY Wine & Food Experience tour returns, highlighting culinary experiences in eight cities across the country. The series, produced by USA TODAY NETWORK Ventures, the events division of Gannett Co., Inc. (NYSE:GCI) kicks off on Saturday, September 20 in Denver, Colorado and culminates on November 22 in West Palm Beach, Florida. An event for lovers of gastronomy that features diverse wine and spirit offerings, the USA TODAY Wine & Food Experience allows attendees to enjoy bites from esteemed local chefs and up-and-coming talent. Guests can also enjoy unique demonstrations, engage with exhibitors in lively outdoor
Gannett Co., Inc. ("Gannett", "we", "our", or the "Company") (NYSE:GCI) today announced that its Chief Financial Officer, Trisha Gosser, will participate virtually at the following conference: Needham 20th Annual Technology, Media & Consumer Conference Monday, May 12, 2025 One-on-one investor meetings throughout the day About Gannett Gannett Co., Inc. (NYSE:GCI) is a diversified media company with expansive reach at the national and local level dedicated to empowering and enriching communities. We seek to inspire, inform, and connect audiences as a sustainable, growth focused media and digital marketing solutions company. We endeavor to deliver essential content, marketing solutions, and
Gannett Co., Inc. ("Gannett", "we", "us", "our", or the "Company") (NYSE:GCI) today reported its financial results for the first quarter ended March 31, 2025. "In the first quarter, we delivered significant improvement to our bottom line compared to the prior year period, along with sustained year-over-year growth in free cash flow. We continued to make notable progress towards debt reduction, repaying approximately $75 million of debt during the quarter, which lowered our leverage and further strengthened our capital structure. Our financial results in the first quarter reflect solid execution of our strategy and the resilience of our business in navigating both a challenging operating en
Live Music Series Showcases Emerging Talent USA TODAY, part of Gannett Co., Inc. (NYSE:GCI), announced USA TODAY Acoustic, a music series for rising artists to connect with the USA TODAY Network audience of more than 200 publications across the nation. These intimate performances and interviews offer audiences exclusive insights about the artists, their professional journey, collaborations and more. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250428710087/en/ Leveraging USA TODAY Network locations including New York City and Nashville, each session includes a set of acoustically performed songs, an exclusive sit-down intervie
NEW YORK, April 23, 2025 (GLOBE NEWSWIRE) -- Taboola (NASDAQ:TBLA), a global leader in delivering performance at scale for advertisers, today announced an update to its long-term partnership with Gannett Co. Inc. (NYSE:GCI), a diversified media company with expansive reach across the country including USA TODAY and over 200 local publications throughout the USA TODAY Network. Since 2013, Taboola has partnered with Gannett by powering recommendations across Gannett's digital properties. Now, as part of Taboola's expansion beyond native and into performance, Taboola has deepened its partnership with Gannett to offer performance advertisers access to display inventory on Gannett properti
Citigroup upgraded Gannett from Sell to Neutral and set a new price target of $5.10
Citigroup downgraded Gannett from Neutral to Sell
JMP Securities initiated coverage of Gannett with a rating of Mkt Outperform and set a new price target of $6.00
Citigroup upgraded Gannett from Sell to Neutral and set a new price target of $3.60 from $1.95 previously
Compass Point initiated coverage of Gannett with a rating of Buy and set a new price target of $5.00
Citigroup resumed coverage of Gannett with a rating of Sell and set a new price target of $3.80
Citigroup resumed coverage of Gannett with a rating of Sell
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Gannett Co., Inc. ("Gannett", "we", "us", "our", or the "Company") (NYSE:GCI) today reported its financial results for the first quarter ended March 31, 2025. "In the first quarter, we delivered significant improvement to our bottom line compared to the prior year period, along with sustained year-over-year growth in free cash flow. We continued to make notable progress towards debt reduction, repaying approximately $75 million of debt during the quarter, which lowered our leverage and further strengthened our capital structure. Our financial results in the first quarter reflect solid execution of our strategy and the resilience of our business in navigating both a challenging operating en
Gannett Co., Inc. ("Gannett") (NYSE:GCI) announced today that it will release its first quarter 2025 financial results on Thursday, May 1, 2025, prior to the opening of the New York Stock Exchange. Management will host a conference call on Thursday, May 1, 2025 at 8:30 A.M. Eastern Time to review the financial and operating results for the period. A copy of the earnings release will be posted to the Investor Relations section of Gannett's website, investors.gannett.com. All interested parties are welcome to participate on the live call. The conference call may be accessed by dialing 1-888-506-0062 (from within the U.S.) or 1-973-528-0011 (from outside of the U.S.) ten minutes prior to the
Gannett Co., Inc. ("Gannett", "we", "us", "our", or the "Company") (NYSE:GCI) today reported its financial results for the fourth quarter ended December 31, 2024. "In 2024, we made continued strong progress executing on our strategy to advance our digital transformation, resulting in total digital revenues exceeding 45% of total revenues in the fourth quarter, and amounting to over $1.1 billion for the year. Equally important, we expanded our audience, improved engagement, and grew digital revenues through diversified channels. Total 2024 digital revenues increased by over 5% compared to 2023," said Michael Reed, Gannett Chairman and Chief Executive Officer. "The successful execution of o
Gannett Co., Inc. ("Gannett") (NYSE:GCI) announced today that it will release its fourth quarter 2024 financial results on Thursday, February 20, 2025, prior to the opening of the New York Stock Exchange. Management will host a conference call on Thursday, February 20, 2025 at 8:30 A.M. Eastern Time to review the financial and operating results for the period. A copy of the earnings release will be posted to the Investor Relations section of Gannett's website, investors.gannett.com. All interested parties are welcome to participate on the live call. The conference call may be accessed by dialing 1-888-506-0062 (from within the U.S.) or 1-973-528-0011 (from outside of the U.S.) ten minutes
Gannett Co., Inc. ("Gannett", "we", "us", "our", or the "Company") (NYSE:GCI) today reported its financial results for the third quarter ended September 30, 2024. "We continued to make solid progress on our key priorities in the third quarter while delivering another quarter of year-over-year Adjusted EBITDA growth. Three out of four digital revenue categories experienced further trend improvement year-over-year, and as a result, total digital revenues surpassed 45% of total revenues, representing an all-time high. These results reinforce our belief that we have created a sustainable pathway for ongoing growth moving forward. We also significantly increased our free cash flow by 168% year-
Gannett Co., Inc. ("Gannett") (NYSE:GCI) announced today that it will release its third quarter 2024 financial results on Thursday, October 31, 2024, prior to the opening of the New York Stock Exchange. Management will host a conference call on Thursday, October 31, 2024 at 8:30 A.M. Eastern Time to review the financial and operating results for the period. A copy of the earnings release will be posted to the Investor Relations section of Gannett's website, investors.gannett.com. All interested parties are welcome to participate on the live call. The conference call may be accessed by dialing 1-888-506-0062 (from within the U.S.) or 1-973-528-0011 (from outside of the U.S.) ten minutes pri
Gannett Co., Inc. ("Gannett", "we", "us", "our", or the "Company") (NYSE:GCI) today reported its financial results for the second quarter ended June 30, 2024. "We are pleased to report another strong quarter of financial results. In fact, our operational execution led to year-over-year growth in Adjusted EBITDA and further improvement to our same store revenue trends. Same store revenue trends improved sequentially for the sixth consecutive quarter, and we remain on track and expect to hit the revenue growth inflection point as we exit 2024. Each of our digital revenue streams continued to grow over the prior year, and as a result, total digital revenues now account for 44% of total reven
Gannett Co., Inc. ("Gannett") (NYSE:GCI) announced today that it will release its second quarter 2024 financial results on Thursday, August 1, 2024, prior to the opening of the New York Stock Exchange. Management will host a conference call on Thursday, August 1, 2024 at 8:30 A.M. Eastern Time to review the financial and operating results for the period. A copy of the earnings release will be posted to the Investor Relations section of Gannett's website, investors.gannett.com. All interested parties are welcome to participate on the live call. The conference call may be accessed by dialing 1-888-506-0062 (from within the U.S.) or 1-973-528-0011 (from outside of the U.S.) ten minutes prior
Gannett Co., Inc. ("Gannett", "we", "us", "our", or the "Company") (NYSE:GCI) today reported its financial results for the first quarter ended March 31, 2024. "Our first quarter results reflect an excellent start to the year. Year-over-year revenue trends were a bright spot in the quarter, reflecting the most pronounced sequential improvement in nearly three years. This top line momentum gives us confidence in our belief that we'll exit 2024 with total revenues growing over the prior year. Equally important, we continued to expand our audience, improve engagement, and grow digital revenues through diversified channels. As a result, total digital revenues increased 8% year-over-year and ac
Gannett Co., Inc. ("Gannett") (NYSE:GCI) announced today that it will release its first quarter 2024 financial results on Thursday, May 2, 2024, prior to the opening of the New York Stock Exchange. Management will host a conference call on Thursday, May 2, 2024 at 8:30 A.M. Eastern Time to review the financial and operating results for the period. A copy of the earnings release will be posted to the Investor Relations section of Gannett's website, investors.gannett.com. All interested parties are welcome to participate on the live call. The conference call may be accessed by dialing 1-888-506-0062 (from within the U.S.) or 1-973-528-0011 (from outside of the U.S.) ten minutes prior to the
Miranda brings over two decades of dedicated industry experience leading enterprise digital transformations Gannett Co., Inc. (NYSE:GCI) announced today that Joe Miranda will be joining as Chief Technology and Data Officer. In his role, Miranda will lead the adoption of new technologies to improve digital media and marketing solutions systems and products, including AI, machine learning, and big data analytics across the enterprise. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250611384389/en/Joe Miranda "I'm honored to join Gannett at this pivotal moment as AI, data, and technology reshape how journalism is produced, distri
First publisher in the U.S. to launch Taboola's Gen AI answer engine, connecting readers with news and content from USA TODAY and the USA TODAY Network Gannett Co., Inc. (NYSE:GCI) today launched DeeperDive, an industry-first Gen AI answer engine created by Taboola deployed directly on USA TODAY's website. The technology connects readers with clear answers to the topics they want to know about and real-time content exclusively from USA TODAY and the USA TODAY Network. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250611235734/en/ DeeperDive brings the power of GenAI search engines, directly onto USA TODAY's platform, tapping
NEW YORK, June 11, 2025 (GLOBE NEWSWIRE) -- Taboola today announced DeeperDive, an industry-first Gen AI answer engine designed to live directly on publisher websites and leverage their own content. DeeperDive connects readers with trusted sources to explore topics they care about, directly within publisher sites. Some of the largest publishers in the world have joined Taboola as design partners for DeeperDive, including Gannett I USA TODAY Network, and The Independent. Today's publishers face growing threats from Generative AI-powered search engines that scrape their content without permission, reduce their traffic, and offer no compensation in return. DeeperDive offers a new path forwar
Enterprises can enrich their AI apps and agents with news and content from USA TODAY and USA TODAY Network Gannett Co., Inc. (NYSE:GCI) today announced an agreement with Snowflake, the AI Data Cloud company, to join Snowflake Marketplace. Snowflake Marketplace enables enterprises to enrich their AI apps and agents with proprietary unstructured data from third-party providers, while allowing providers to protect their intellectual property and ensure proper attribution. This includes real-time news and content from USA TODAY and the USA TODAY Network of over 200 local publications across the country. This press release features multimedia. View the full release here: https://www.businessw
LAS VEGAS, June 13, 2024 /PRNewswire/ -- SEICon LLC, a first-of-its-kind conference featuring 120 thought leaders and subject matter experts from the sports, entertainment, and innovation sectors, is pleased to announce USA TODAY Sports as its presenting sponsor in collaboration with UNLV Sports Innovation Institute and Syracuse University's Falk College of Sport and Human Dynamics. SEICon 2024 is pleased to announce USA TODAY Sports as its presenting sponsor.The inaugural three-day conference will be held at the Virgin Hotels Las Vegas from July 15-17, 2024. Attendees will ha
Digital Product Leader Maha Al-Emam Nominated to Join the Board in June Gannett Co., Inc. ("Gannett", "we", "us", "our", or the "Company") (NYSE:GCI) today announced that its Board of Directors has nominated Maha Al-Emam , a former advisor for Warner Bros. Discovery Global Brand Franchise and also formerly a digital product leader at Apple, Inc., NBCUniversal Media, LLC, and Bloomberg, LP, for election to the Company's Board of Directors at its upcoming annual meeting of stockholders on June 3, 2024. If elected, Ms. Al-Emam will join the Board of Directors as of such date. In addition, Maria M. Miller will not stand for re-election at Gannett's 2024 Annual Meeting of Stockholders. This p
Richardson brings 30 years of experience in journalism and numerous accolades to Gannett Gannett Co., Inc. (NYSE:GCI) today announced Monica R. Richardson will join Gannett to lead USA TODAY's award-winning newsroom as Senior Vice President effective April 1. Reporting to the Chief Content Officer, Richardson will work closely to extend the reach of the Nation's Newspaper and invigorate USA TODAY's portfolio. Richardson most recently served as Vice President of Local News and Large Markets for McClatchy. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240223710950/en/Monica Richardson, USA TODAY Senior Vice President (Photo: Bu
Featuring Musical Guest Jason Derulo USA TODAY NETWORK Ventures, part of Gannett Co., Inc. (NYSE:GCI) announces The Legends Party, in partnership with the National Football League Alumni Association and USA TODAY. Celebrate the Big Game weekend with legendary players Hines Ward, Matt Ryan, Malcom Jenkins and LeSean McCoy, special guest host Abby Labar, entertainment by DJ Shapeshftr and headlining musical superstar Jason Derulo on Friday, February 9 from 8:00 p.m. – 1:00 a.m. (PST) at AREA15 in Las Vegas, NV. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240124141392/en/ In celebration of the Big Game, the evening begins wit
Rackiewicz most recently served as Chief Data Officer for Gannett and is recognized globally for his 20+ years of Data Science, Analytics, and Engineering Leadership across media verticals Reset Digital, today announced the appointment of Nate V. Rackiewicz as Chief Data Officer, a newly-created role overseeing the company's vision, strategy, and execution of data, analytics, and science across the neuroprogrammatic leader's business. Reset Digital's NeuroprogrammaticTM advertising platform is a first-of-its-kind programmatic platform that allows brands to engage omnichannel audiences based on what motivates them as people versus targets and gives brands and publishers much broader and de
MCLEAN, Va.--(BUSINESS WIRE)--Gannett Co., Inc. ("Gannett", "we", "us", "our", or the "Company") (NYSE: GCI) today announced the appointment of Vinayak Hegde as an independent director to the Company’s Board of Directors (the “Board”), effective February 15, 2021. “We are excited to welcome Vinayak to our Board,” said Michael Reed, Chairman and Chief Executive Officer of Gannett. “He brings significant digital and operational experience to our Board, which will be highly valuable to both our management team and strategy goals. We look forward to having his diverse perspectives as we continue on our transformation journey.” Mr. Hegde is currently the President and Chief Operating
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