The $1.1 billion purchase of Gannett—publisher of USA Today —by GateHouse closed Tuesday, creating a newspaper industry goliath and starting a search for $300 million in yearly spending cuts. The new company, which will be called Gannett, will own about 260 daily newspapers and hundreds of weeklies, the...Tuesday, November 19, 2019
Deal Creates Newspaper Giant That Now Needs to Cut $300M
The $1.1 billion purchase of Gannett—publisher of USA Today —by GateHouse closed Tuesday, creating a newspaper industry goliath and starting a search for $300 million in yearly spending cuts. The new company, which will be called Gannett, will own about 260 daily newspapers and hundreds of weeklies, the...
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment