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Media companies managing costs in economic downturn, as New York Times is pulling back on marketing spend as ad sales costs go up, Dotdash Meredith owner IAC is slowing down hiring, Gannett is laying off employees and eliminating 'various open positions'
Published: August 17, 2022 by Digiday
Gannett lays off undisclosed number of newsroom staff, as part of cost-cutting effort to lower expenses after company reported disappointing Q2 results and dimmed outlook for rest of 2022; meanwhile, company's operating expenses also edged up 1%
Published: August 16, 2022 by Associated Press
Gannett reports Q2 loss of US$53.7M, down 7.2% year-over-year, while total revenue drops 6.9% to US$748.7M from Q2 2021; total digital revenue was US$261.8M, or 35% of total revenue, company expects full-year revenue in range of US$2.95B to US$3B
Published: August 04, 2022 by Business Wire
Privately owned regional newspaper chains are snapping up newspapers shed by Gannett, Lee Enterprises, Alden Global Capital; CherryRoad Media, Paxton Media Group, Ogden Newspapers have bought 120 mid-size, family owned papers since 2020: Northwestern
Published: July 14, 2022 by Northwestern Local News Initiative
USA TODAY, which is part of Gannett, celebrates its 40th anniversary by launching 'To the point' brand campaign, a nod to its concise style; first published in 1982, newspaper introduced color, infographics, popular culture stories, continues on digital
Published: July 14, 2022 by Gannett Co. Inc.

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