“Two daily newspapers, competing editorially in the city of Detroit. That's the bottom line of today's transactions. Detroit is the winner here, and Gannett is proud we were able to make this happen,”
“Looking ahead, the fourth quarter will also be affected by comparisons to the almost $50 million of politically-related ad demand from last year's fall elections and a continuing soft advertising outlook in the U.K.,”
“Innovation is the future of Gannett, and Roger has proven his ability to encourage new ideas and make them business-ready. He is the right person for this new and exciting role. The Center for Design and Innovation is a key part of our strategy for growing Gannett and stimulating innovation throughout the company. As a team, our top management is excited to embrace innovation.”
“In our newspaper segment we reported advertising gains at our U.S. community newspapers, particularly in classified employment and real estate while auto remained soft.”
