Keyword: gannett
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The Honolulu Advertiser is offering enhanced retirement packages to 86 workers in an effort to reduce its staffing. In a letter to employees Thursday, publisher Mike Fisch said the company wants to reduce its workforce by 30 positions "to adjust our operating plans to meet the new market realities." Fisch said the company is asking employees 55 and older with up to 20 years of service to consider the retirement offer, which is being made to both union members and non-members. He did not specify the details of what he described as an "attractive benefits package." Fisch cited the changes...
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Gannett May Revenue Falls on Continued Classified Weakness, Broadcasting Decline MCLEAN, Va. (AP) -- Gannett Co., publisher of USA Today, said Monday revenue slid 6 percent in May on continued classified advertising weakness and broadcasting declines. Operating revenue for the month ended June 3 dropped to $606.3 million from $644.7 million in the prior year. The company's U.K. operations benefited from an increase in the value of the British pound. Total ad revenue declined 6.8 percent, with classified sliding 8 percent and national ad sales falling 5.4 percent. Broadcasting revenue dipped 8.9 percent due to fewer political ads. Television revenue...
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Gannett April Revenue Falls 2 Percent on Slump in Advertising NEW YORK (AP) -- Newspaper publisher Gannett Co. said Monday April revenue slipped 2 percent, as the migration of classified ads to the Internet continued to cut into print revenue. The publisher of USA Today, the country's biggest paper by circulation, said operating revenue in the month ended May 6 fell to $711.2 million from $726.1 million last year. The company's U.K. operations benefited from an increase in the value of the British pound, keeping the overall decline in check. Total ad revenue dropped 3.1 percent to $467.1 million, hurt...
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Gannett 1st-Quarter Earnings, Revenue Slide on Lower Ad Revenue McLEAN, Va. (AP) -- Newspaper publisher Gannett Co. said first-quarter earnings fell 11 percent as newspaper advertising revenue dropped. Gannett, whose largest paper is USA Today, said net income fell to $210.6 million, or 90 cents per share, from $235.3 million, or 99 cents per share, a year ago. The result surpassed by a penny the expectations on Wall Street, according to Thomson Financial. Revenue slipped 1 percent to $1.87 billion from $1.88 billion last year, but was in line with analyst expectations. Newspaper ad revenue, the largest component of the...
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Gannett Pro Forma Operating Revenue Down in Feb. on Lower Broadcasting Sales MCLEAN, Va. (AP) -- Newspaper publisher Gannett Co. said Thursday that its pro forma operating revenue slipped 4.5 percent in February, primarily on lower broadcasting revenue. Total revenue declined to $581.8 million from $609 million in the prior-year period. If the exchange rate for the British pound stayed constant year-over-year, total sales would have declined 6 percent. Advertising revenue, the biggest part of Gannett's total revenue, dropped 3.8 percent to $385 million from $400.4 million a year ago, partially due to severe weather in the Midwest and Northeast....
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NEW YORK Gannett reported today that January total revenue grew 1.7% while newspaper advertising revenue was up slightly 0.3%. Local advertising revenue was nearly flat, up 0.2% in the month compared to the same period a year ago. All major categories with local lagged expect for health and restaurants. Gannett said that local ad results reflect the lack of a final week in December, which was included in the previous year. Classified revenues rose 2.5% on strong gains at the company's United Kingdom properties. Within the category, real estate increased 10.3% and employment advanced 6%. Automotive plummeted 13.5%. At the...
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If you haven't heard, The Star Press, the local Gannett owned newspaper, recently started their 'Your Neighborhood' feature - something Muncie Free Press has been doing since we started on July 4th, 2005. Although their promo's state that it's for local people to 'brag about their businesses' etc., I've been told that as a citizen I'm not allowed to use their 'citizen journalism' segment to let people know about Muncie Free Press. I'm not asking for any special treatment. I just want The Star Press to do their jobs as journalists and cover what I'm trying to do with...
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"Get Published!" - Or Don't. Gannett decides. by wanderindianaTue Jan 09, 2007 at 03:38:11 PM EST K. Paul Mallasch recently did a Question and Answer interview with us on his role as a pioneering citizen journalist with his Muncie Free Press. In the Q&A, Mallasch mentions that his greatest frustration was the refusal of the local Gannett paper, The Star Press (who, for the sake of transparency, also happen to be his former employer), to run a story on either MFP or his new venture, Indiana Free Press. Today, he wrote an editorial expressing his frustration. After signing up...
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Newspaper to Local Blogs: Drop Dead Submitted by Lisa Williams on Tue, 01/09/2007 - 15:07. Independent placeblogs like the Muncie Free Press of Muncie, IN, are headed directly into head-to-head competition with newspapers who are starting to wrap placeblog-like community features around their traditional product. That's what's happening in Muncie between the Muncie Free Press and the Star-Press of Muncie, a Gannett paper. But while some papers who are testing the waters on internet community initiatives understand the value of linking to all local blogs, others don't. That seems to be what's happening in Muncie, where links to the...
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FORT MYERS, Fla. -- Could this be the future of newspapering? Darkness falls on a chilly Winn-Dixie parking lot in a dodgy part of North Fort Myers just before Thanksgiving. Chuck Myron sits in his little gray Nissan and types on an IBM ThinkPad laptop plugged into the car's cigarette lighter. The glow of the screen illuminates his face. Myron, 27, is a reporter for the Fort Myers News-Press and one of its fleet of mobile journalists, or "mojos." The mojos have high-tech tools -- ThinkPads, digital audio recorders, digital still and video cameras -- but no desk, no chair,...
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yeah 31 here at the republic today... and a couple empty desks right next to me where editors used to be Sad
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Published: November 13, 2006 10:50 PM ET NEW YORK Advertising revenue at Gannett grew 2.0% in October mostly due to gains at its broadcast division. At the newspaper division, ad revenue fell 2.0% on a 2.0% decline in Run of Press (ROP) volume and a 2.6% decrease in preprint distribution. Local advertising was up 1.4% on a small decline in ROP ad volume. Small and mid-sized advertisers outpaced large advertisers. Classified revenue decreased 3.4% on a 1.8% decline in ROP ad volume. Within the category, real estate was up 3.0%. Employment revenue dropped 6.9%. Automotive decreased 11.2%. In the U.S.,...
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Gannett Co., the largest newspaper publisher in the nation, has surfaced as a potential buyer of the Chicago Tribune and other newspapers owned by Tribune Co., according to published reports. Gannett executives visited Chicago last week and listened to presentations on Tribune Co.'s financial situation, the Chicago Tribune reported Saturday, citing two unidentified sources. The Wall Street Journal reported on the visit by Gannett executives on Monday, citing unidentified sources familiar with the matter, and also said Tribune had had informal discussions with MediaNews Group Inc., owner of the San Jose Mercury News, The Denver Post and The Detroit News,...
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The MSM has had a field day trumpeting an impending editorial in "military newspapers" calling for Defense Secretary Rumsfeld's resignation. But as NewsBusters John Stephenson and Michael Bates have documented here and here, here's what the liberal media didn't disclose: Despite the official-sounding ring of "military newspapers," these are commercial, private-sector operations owned by Gannett, the chain whose leading outlet is the left-leaning USA Today. The editorial was roughly as representative of the official military view on the Secretary as the New York Times' latest anti-Rumsfeld rant.While the MSM tried to multiply the significance of the editorial by mentioning that...
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UPI Headline, and many other publications.."Military mags to call for Rumsfeld. SAN FRANCISCO, Nov. 3 (UPI) -- Four publications of the Military Times Media Group plan to call on U.S. Secretary of Defense Donald Rumsfeld to resign, the San Francisco Chronicle reported. The Army Times, Air Force Times, Navy Times and Marine Corps Times will issue the call in an editorial scheduled to run Monday, the newspaper said. The Chronicle published the text of the editorial on its Web site Friday. The editorial says the truth about the war in Iraq "been difficult to come by from leaders in Washington."...
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<p>Advanced copies of the Military Times editorial to be published on Monday have been sent out to several media sources.</p>
<p>Gannett Publications material removed.</p>
<p>Gannett Publications has requested that Free Republic allow only a link and title from any of their material to be posted on Free Republic.</p>
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Topic: Miscellaneous items Date/Time: 11/3/2006 11:27:44 AM Title: Gannett introduces "the newsroom of the future" Posted By: Jim Romenesko Memo from Gannett CEO Craig Dubow From: A message from Craig Dubow Sent: Thursday, November 02, 2006 3:55 PM To: Subject: Information Center Dear co-workers: I'd like to talk about a Gannett innovation called the Information Center. It's being launched now in some locations around the company, and plans are being made to broaden that rollout across Gannett. What is it? The Information Center is a way to gather and disseminate news and information across all platforms, 24/7. The Information Center...
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NEW YORK, Oct 11 (Reuters) - Gannett Co. Inc, the largest U.S. newspaper publisher, reported a lower third-quarter profit on Wednesday because of stock options expensing. Gannett, which publishes USA Today and 89 other local daily papers, said net income fell to $261.4 million from $297 million in the same quarter a year ago. Earnings from continuing operations were $1.11 a share, compared with $1.13 a share a year ago. Analysts expected $1.11 per share, according to Reuters Estimates. Stock options expensing cost the company $6.4 million, or 3 cents a share, after taxes. Gannett said per-share earnings would have...
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MCLEAN, Va.--(BUSINESS WIRE)--Sept. 11, 2006--Gannett Co., Inc. (NYSE:GCI - News) reported today that total pro forma operating revenues for the eighth period ended August 27, 2006 increased 0.5 percent resulting from higher revenues in its broadcasting segment and an increase in local advertising in its newspaper segment. For comparison purposes, the exchange rate of Sterling year-over-year also affected results for the company's UK operations. If the exchange rate had remained constant year-over-year, total pro forma operating revenues would have been 0.3 percent lower for the period. Pro forma (assuming that all properties presently owned were owned in both periods) newspaper...
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NEW YORK Gannett reported on Friday that total pro forma revenue for July increased 1.2% due mostly to growth in its domestic community newspapers and broadcast division. Newspaper advertising revenue grew slightly, up 0.5% compared with the same period a year ago. The company said there was a slight decrease in Run of Press (ROP) volume and a 1.3% decline in preprint distribution. Local advertising revenue was up 1.8% on a 0.9% increase in ROP ad volume. Small and medium-sized advertisers outpaced the company's larger advertisers. Classified revenue rose 1.1% on a 0.3% decrease in ROP ad volume. Within the...
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