Gannett Co Inc Stock Price, News & Analysis

Gannett Co. (NYSE: GCI) has appointed Trisha Gosser as Chief Financial Officer, effective immediately. Gosser, who brings over 20 years of financial experience including 15+ years in the media industry, will oversee finance functions including investor relations, financial planning and analysis, and audit and compliance reporting.

Previously serving as Deputy CFO, Gosser has been with Gannett since 2007, leading teams across accounting, financial planning, data, and investor relations. She played a key role in the merger of Gannett Co. and New Media Investment Group, and held prior finance roles at Brunswick and Mitsubishi Electric.

In her new position, Gosser will report to CEO Michael Reed and focus on driving growth, innovation, and sustainability across Gannett's portfolio of brands, products, and services. She currently serves on the Board of Directors for the News Media Alliance.

Gannett Co. (NYSE: GCI) has announced a significant debt reduction, prepaying approximately $57.5 million on its 2029 Term Loan Facility during Q1 2025. This move reduced the company's first lien debt from $850.0 million to $792.5 million. The debt repayment was funded through the sale of the Austin-American Statesmen and cash reserves.

The company expects to repay over $100 million of debt in 2025 through asset sales and free cash flow growth. Management anticipates achieving a first lien net leverage approaching 2.0x by year-end, supported by expected growth in Adjusted EBITDA.

LocaliQ, the Digital Marketing Solutions (DMS) division of Gannett Co. (NYSE: GCI), has appointed George Schoenstein as Senior Vice President and Chief Marketing Officer. Schoenstein, who will report to LocaliQ General Manager Bill Scanlon, brings over 20 years of experience in driving business growth and transforming go-to-market strategies.

Previously serving as CMO at EverCo, a SaaS startup focused on AI solutions, Schoenstein has held senior marketing leadership positions at Fusion Connect, CompuCom, DXC Technology, and KPMG. He holds an MBA from Drexel University and is based in Philadelphia.

LocaliQ operates as an end-to-end, AI-powered marketing platform serving local businesses across the country. The platform features proprietary AI technology that includes lead management, digital agents, marketing automation, and omnichannel campaign management tools.

USA TODAY, a Gannett Co. (NYSE: GCI) publication, has announced Universal Pictures' 'Wicked' as the winner of its first-ever Movie Meter competition. The program, designed to measure public sentiment for Academy Award-nominated films, ran from February 12 to March 3, 2025.

Based on thousands of votes from Movie Meter panelists who rated theatrical trailers of nominated films on a 1-5 scale, 'Wicked' secured the top position with a score of 3.76. The top five films included 'A Complete Unknown' (3.72), 'Conclave' (3.65), 'The Brutalist' (3.59), and 'The Substance' (3.53).

USA TODAY reaches approximately 73 million unique visitors monthly across its digital platforms (as of December 2024), serving as a cornerstone of national media since 1982.

Gannett Co. (NYSE: GCI), a diversified media company, has announced that CFO Doug Horne will participate in the Deutsche Bank 33rd Annual Media, Internet & Telecom Conference on March 10, 2025, in Palm Beach, Florida. The CFO will be conducting one-on-one investor meetings throughout the day.

Gannett operates through several key brands including the USA TODAY NETWORK, which comprises the national USA TODAY publication and a network of local properties across the United States. The company also owns Newsquest, a wholly-owned subsidiary in the United Kingdom, and LocaliQ, their digital marketing solutions brand serving small and medium-sized businesses.

The company focuses on delivering trusted content and digital experiences, emphasizing balanced, unbiased journalism across its platforms. Gannett's mission centers on empowering and enriching communities while pursuing sustainable growth as a media and digital marketing solutions company.

USA TODAY, part of Gannett Co (NYSE: GCI), has unveiled its 2025 Women of the Year honorees, featuring seven national trailblazers and 54 local honorees across the United States. The national honorees include:

• Priscilla Almodovar - Fannie Mae President & CEO
• Scout Bassett - Paralympic track and field athlete
• Kellie Gerardi - Commercial astronaut with Virgin Galactic
• Jonquel Jones - WNBA New York Liberty MVP
• Hoda Kotb - NBC News journalist and TODAY co-anchor
• Ilona Maher - Olympic bronze medalist in rugby
• Angela F. Williams - United Way Worldwide's first Black woman CEO

The honorees will be featured in USA TODAY's print editions throughout March 2025, with a celebration event scheduled at the Barclays Center on March 4, 2025. Local honorees' interviews will appear in respective USA TODAY Network publications in early March.

Gannett Co. (NYSE: GCI) has announced that Chairman and CEO Michael Reed will participate in the Citizens JMP Technology Conference on Monday, March 3, 2025, at 10:00 a.m. ET in San Francisco, California. The presentation will be accessible via webcast through Gannett's Investor Relations website and will remain archived for 90 days.

Gannett is a diversified media company that operates through trusted brands including the USA TODAY NETWORK in the United States and Newsquest in the United Kingdom. The company focuses on providing essential journalism, local content, and digital experiences to audiences and businesses. Through its digital marketing solutions brand, LocaliQ, Gannett supports small and medium-sized businesses with innovative digital marketing products and solutions.

Gannett (NYSE: GCI) reported its Q4 2024 financial results, highlighting continued progress in digital transformation. Total digital revenues exceeded 45% of total revenues in Q4, reaching over $1.1 billion for the year with a 5% YoY increase.

Q4 2024 key metrics include: digital revenues of $280.4M (+1.2% YoY), digital-only subscription revenues of $49M (+17% YoY), and 200M average monthly unique visitors (+7% YoY). Total revenues were $621.3M (-7.2% YoY), with net income of $64.3M.

The company repaid $73.5M of debt in 2024 and completed a comprehensive refinancing. For 2025, Gannett expects digital revenues to grow 7-10% on a same-store basis, making up 50% of total revenues. The company also announced an agreement to divest the Austin American-Statesman to Hearst , expected to close in Q1 2025.

Gannett Co. (NYSE: GCI) has announced an asset purchase agreement with Hearst to sell the Austin American-Statesman from its USA TODAY Network portfolio. The Statesman, founded in 1871, is an award-winning publication that has been named Texas Newspaper of the Year three times and was a 2023 Pulitzer Prizes finalist.

The transaction is expected to close in Q1 2025, with proceeds being directed toward debt reduction. The sale is described as a strategic decision to position Gannett and its network of over 200 local publications for future growth. For Hearst, which currently publishes 26 dailies and 52 weeklies across the U.S., this acquisition aligns with their strategy to invest in thriving communities with strong potential.