Gannett Co. :
Funds projects in a variety of areas in communities in which Gannett has a local daily newspaper, broadcast...
Business: Business and Society, Corporate Grantmaking Foundations
Location
Gannett Co., Inc.
7950 Jones Branch Drive
McLean, Virginia 22107-0150United States
Gannett Co., Inc. is a leading international news and information company. In the United States, the company publishes 84 daily newspapers, including USA TODAY, and nearly 850 non-daily publications. Along with each of its daily newspapers, the company operates Internet sites offering news and advertising that is customized for the market served and integrated with its publishing operations. USA TODAY.com is one of the most popular news sites on the Web. The company is the largest newspaper publisher in the U.S.
Newspaper publishing operations in the United Kingdom, operating as Newsquest, include 17 paid-for daily newspapers, more than 200 weekly newspapers, magazines and trade publications in the U.K., locally integrated Web sites and classified business Web sites with national reach. Newsquest is the second largest regional newspaper publisher in the U.K.
In broadcasting, the company operates 23 television stations in the U.S. with a market reach of more than 20 million households. Each of these stations also operates locally oriented Internet sites offering news, entertainment and advertising content, in text and video format. Through its Captivate subsidiary, the broadcasting group delivers news, information and advertising to a highly desirable audience demographic through its video screens located in elevators of office towers and select hotel lobbies across North America.
Gannett's total Online U.S. Internet Audience in January 2009 was 27.1 million unique visitors, reaching about 16.1% of the Internet audience, as measured by Nielsen//NetRatings.
Complementing its core publishing and broadcasting businesses, the company made several important advances in its digital strategy through key business acquisitions. In September 2008, the company increased its ownership in CareerBuilder LLC (CareerBuilder) to 50.8% from 40.8%, obtaining a controlling interest, and in June 2008, the company increased its ownership in ShopLocal LLC (ShopLocal) to 100% from 42.5%. The results of these businesses are now fully consolidated.
Concurrently, a new Digital business segment is being reported, which includes CareerBuilder and ShopLocal results from the date of full consolidation, as well as PointRoll, Planet Discover, Schedule Star and Ripple6. Ripple6, acquired in November 2008, is a leading provider of technology platforms for social media services for publishers and other users. Also enhancing our digital strategy are our investments and partnerships in such companies as Classified Ventures, for auto and real estate ads; Metromix, a platform for local entertainment Web sites; Topix.net, a news content aggregator; 4INFO, a leading mobile media and advertising company; and more.
Gannett was founded by Frank E. Gannett and associates in 1906 and incorporated in 1923. The company went public in 1967. It reincorporated in Delaware in 1972. Its more than 225 million outstanding shares of common stock are held by approximately 8,500 shareholders of record in all 50 states and several foreign countries. The company has more than 41,000 full-time and part-time employees including 2,000 for CareerBuilder. Its headquarters are in McLean, Va., near Washington, D.C.
Print
PDF
