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Digital First pursuing Gannett

Discussion in 'Journalism topics only' started by SoloFlyer, Jan 13, 2019.

  1. Readallover

    Readallover Member

    It’s not over. There are lots of moving pieces right now among public newspaper companies and GCI has got to get its share price above $12 pretty fast in order to quiet shareholders. That means generating more revenue or more job cuts. The latter is more likely than the former.
     
  2. LanceyHoward

    LanceyHoward Well-Known Member

    Gannett saw revenues decline by 127 million dollars in the first three quarters of last year. Gannett will to cut costs to make up the difference.
     
  3. Jake from State Farm

    Jake from State Farm Well-Known Member

  4. LanceyHoward

    LanceyHoward Well-Known Member

    Last edited: Feb 5, 2019
  5. Readallover

    Readallover Member

    Gannett just filled exec editor positions at its NJ papers. Poor optics, anointing high salary editors just after early buyouts and layoffs. Do they not see this?
     
  6. Baron Scicluna

    Baron Scicluna Well-Known Member

    Since when has Gannett ever given a shit about optics?
     
  7. Regan MacNeil

    Regan MacNeil Well-Known Member

    News 2000.
     
    2muchcoffeeman likes this.
  8. Jake from State Farm

    Jake from State Farm Well-Known Member

    That was that pyramid bullshit
    Readership (can’t have) Satisfaction (without) Penetration
     
  9. Baron Scicluna

    Baron Scicluna Well-Known Member

    Eh, I guess, although it also was one of a half dozen initiatives designed to provide busywork for employees.
     
  10. Jake from State Farm

    Jake from State Farm Well-Known Member

  11. LanceyHoward

    LanceyHoward Well-Known Member

    Gannett's board told Dickey to invest only in digital. That is why since Gannett stopped buying after the Journal merger. Maybe the board will change its mind after the DFM scare but I think that the first priority at Gannett will be figuring out who the new CEO will be.
     
  12. Readallover

    Readallover Member

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