Gannett Company
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| Type | Public (NYSE: GCI) |
|---|---|
| Industry | Media |
| Founded | 1906 |
| Headquarters | McLean, Virginia |
| Key people | Craig A. Dubow; Chairman, President & CEO |
| Products | Newspapers, television, and Internet media |
| Revenue | ▲ US$5.61 Billion (FY 2009)[1] |
| Operating income | ▲ US$725 Million (FY 2009)[1] |
| Net income | ▲ US$355 Million (FY 2009)[1] |
| Total assets | ▼ US$7.15 Billion (FY 2009)[2] |
| Total equity | ▲ US$1.60 Billion (FY 2009)[2] |
| Employees | 49,675 |
| Website | www.gannett.com |
Gannett Company, Inc. (NYSE: GCI) is a publicly-traded media holding company based in the United States. It is the largest U.S. newspaper publisher as measured by total daily circulation. Its assets include the national newspaper USA Today and the weekly USA Weekend. Its largest non-national newspaper is The Arizona Republic in Phoenix. Other large newspapers include The Indianapolis Star, The Cincinnati Enquirer, The Tennessean in Nashville, The Courier-Journal in Louisville, The Des Moines Register, The Honolulu Advertiser, the Detroit Free Press and The News-Press in Fort Myers. Gannett also owns 23 television stations[3] and holds substantial properties in digital media including PointRoll, BNQT Media Group,[4] Ripple6[5] and ShopLocal.
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[edit] History
Gannett Company, Inc. was founded in 1923 by Frank Gannett in Rochester, New York as an outgrowth of a newspaper business he had begun in Elmira, New York in 1906. Gannett gained fame and fortune by purchasing small independent newspapers and developing them into a large chain, a 20th century trend that helped the newspaper industry remain financially viable.[6] The company was headquartered in Rochester, New York until 1986 when it relocated to Arlington County, Virginia. Its former headquarters building, the Gannett Building, was listed on the National Register of Historic Places in 1985.[7] Gannett's oldest newspaper still in circulation is the Star-Gazette located in Elmira, New York. In 2001, the company moved to its current headquarters in Tysons Corner, a suburb of Washington, D.C.
[edit] Assets
Gannett's media properties include the following newspapers among the top 50 (by circulation -- figures are approximate) in the United States, and the following television stations:
- USA Today of McLean, Virginia (2,525,000)
- The Arizona Republic of Phoenix, Arizona (541,800)
- The Indianapolis Star of Indianapolis, Indiana (354,300)
- Detroit Free Press of Detroit, Michigan (329,989)
- The Des Moines Register of Des Moines, Iowa (233,200)
- The Courier-Journal of Louisville, Kentucky (218,796)
- The Cincinnati Enquirer of Cincinnati, Ohio (206,300)
- The Greenville News of Greenville, South Carolina (88,898)
- The Tennessean of Nashville, Tennessee (250,000)
- The Daily News Journal of Murfreesboro, Tennessee
- Lansing State Journal of Lansing, Michigan (53,671)
- Florida Today of Melbourne, Florida (100,000)
- WXIA-TV and WATL-TV in Atlanta, Georgia (Market #8)
- WUSA-TV Washington, D.C. (Market #9)
- KPNX-TV Phoenix (Market #12)
- WTSP-TV Tampa, Florida (Market #14)
- KARE-TV Minneapolis (Market #15)
- KUSA-TV and KTVD-TV Denver (Market #16)
- WKYC-TV Cleveland, Ohio (Market #18)
- KXTV-TV Sacramento (Market #20)
- KSDK-TV St. Louis (Market #21)
- WZZM-TV Grand Rapids, Michigan (Market #41)
- WFMY-TV Greensboro, North Carolina (Market #46)
- WJXX-TV and WTLV-TV in Jacksonville, Florida (Market #47)
- WGRZ-TV Buffalo, New York (Market #52)
- KTHV-TV Little Rock, Arkansas (Market #56)
- WLTX-TV Columbia, South Carolina (Market #79)
- WMAZ-TV in Macon, Georgia (Market #122)
Gannett Digital Assets:
[edit] Directors
Gannett's chairman, president and chief executive officer is Craig A. Dubow. Other directors are:
Senior executives are:
- Robert Dickey, President, U.S Community Publishing Division
- Robert T. Collins Senior Group President, Atlantic Coast Newspaper Group, and President and Publisher, Asbury Park Press
- Philip R. Currie Senior Vice President, News, Newspaper Division
- Paul Davidson - Chairman & Chief Executive Officer, Newsquest plc
- Michael G. Kane Senior Group President, Interstate Newspaper Group, and President and Publisher, The Indianapolis Star
- Roxanne Horning Senior Vice President, Gannett Human Resources
- Dave Lougee President, Gannett Broadcasting
- Gracia Martore Executive Vice President and Chief Financial Officer
- Craig A. Moon President and Publisher, USA Today
- Wendell Van Lare Senior Vice President, Gannett Labor Relations
- W. Curtis Riddle Senior Group President, East Newspaper Group, and President and Publisher, The News Journal, Wilmington, Delaware
- John A. (Jack) Williams President, Gannett Digital Ventures
- Kurt Wimmer - Senior Vice President, General Counsel
- Alvin Flanagan is a former president of the Gannett Company
- Chris Saridakis Senior vice president and chief digital officer
[edit] References
- ^ a b c Gannett (GCI) annual SEC income statement filing via Wikinvest
- ^ a b Gannett (GCI) annual SEC balance sheet filing via Wikinvest
- ^ http://www.gannett.com/about/map/propmap.htm
- ^ http://www.usatoday.com/marketing/media_kit/pressroom/2008/releases/012408_aquires_sports_online.html
- ^ http://www.gannett.com/news/pressrelease/2008/pr111308.htm
- ^ Ted Bartlett (August 1985). "National Register of Historic Places Registration: Gannett Building". New York State Office of Parks, Recreation and Historic Preservation. http://www.oprhp.state.ny.us/hpimaging/hp_view.asp?GroupView=4011. Retrieved 2009-11-01.
- ^ "National Register Information System". National Register of Historic Places. National Park Service. 2009-03-13. http://www.nr.nps.gov/.
