Gannett
United States newspaper company
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| March 31 2024 | Gannett planned to start occupying its new 24,000-square-foot leased office space in New York City. |
| March 25 2024 | Gannett ended its legacy Associated Press premium subscription, discontinuing AP dispatches, photos, and videos in Gannett-owned publications, while simultaneously signing an agreement with Reuters to publish global content. |
| February 2024 | Gannett announced plans to move out of its Tysons, Virginia headquarters and relocate to a 24,000-square-foot leased office space in New York City. |
| 2023 | The USA Today Network hired dedicated reporters specifically to cover pop culture celebrities Taylor Swift and Beyonce. |
| November 2022 | Gannett announced approximately 200 more layoffs, representing 6% of the news division. Additionally, the company stopped printing six community papers in southeast Michigan, transitioning to online-only content. |
| October 2022 | Gannett announced second round of financial austerity measures, including mandatory unpaid leave for employees in December, suspension of 401(k) matching contributions, a hiring freeze, and seeking voluntary buyouts. |
| August 2022 | Gannett laid off 3% of its United States workforce, approximately 400 employees, and decided not to fill 400 open positions. Company stock dropped an additional 28.5% at the time of the announcement. |
| July 26 2022 | The Fourth Judicial Department of the Appellate Division of the New York State Supreme Court reversed Gannett's demand to have cases moved to Workers Compensation Board, with nine plaintiff cases remaining pending. |
| April 2022 | Gannett reported second quarter revenue of $749 million and a loss of $54 million, announcing upcoming staff reductions and position eliminations. |
| April 2022 | Gannett editors formally recommended significantly reducing opinion content in newspapers, citing reader disinterest and perceptions of bias in editorial pages. |
| 2021 | Gannett acknowledged providing advertisers with inaccurate advertising placement information for nine months, misrepresenting where billions of ads were placed. |
| 2021 | Gannett's board of directors paid CEO Mike Reed a salary of $900,000 with long-term stock incentives totaling $7.7 million in the first full year after the merger. |
| August 2021 | New York state window to file under Child Victim Act closed, with another man suing Gannett in Rochester, bringing the total to eleven men suing the company. |
| April 2021 | Additional lawsuit filed against Gannett for child sex abuse. |
| December 2020 | Gannett and Arizona Republic were sued by two former paperboys in Phoenix for enabling sexual abuse in the late 1970s. |
| September 2020 | Three more men filed suit against Gannett for child sex abuse. |
| June 2020 | Mike Reed became Gannett's Chief Executive Officer, succeeding Paul Bascobert. |
| March 2020 | Gannett announced significant organizational measures in response to the COVID-19 pandemic, including staff cuts, furloughs, and a 25% salary reduction for executives to manage the economic challenges. |
| February 2020 | Four additional lawsuits were filed against Gannett for child sex abuse claims. |
| 2019 | Gannett was first sued under the New York State Child Victim's Act by a former paperboy who accused the company of enabling sexual abuse in the 1980s. |
| December 2019 | CNBC reported Gannett as one of 92 Fortune 500 companies that paid an effective federal tax rate of 0% or less in 2018 due to Trump's Tax Cuts and Jobs Act. |
| November 2019 | New Media Investment Group acquired and merged GateHouse Media into Gannett, creating the largest newspaper publisher in the United States. Mike Reed was named CEO following this merger. |
| August 2019 | Paul Bascobert began serving as Gannett's Chief Executive Officer, holding the role for approximately ten months. |
| August 5 2019 | New Media Investment Group (parent of GateHouse Media) announced acquisition of Gannett for $1.792 billion, funded by Apollo Global Management. The merged company retained the Gannett name, with Michael E. Reed becoming CEO. |
| May 2019 | Barbara Wall was appointed as interim chief executive officer after Bob Dickey's retirement. |
| May 16 2019 | DFM failed to place three nominees on Gannett's board of directors through a proxy vote, subsequently selling shares and reducing their ownership to 4.2%. |
| January 2019 | Digital First Media (DFM) made an unsolicited bid to acquire Gannett for $1.36 billion, which was rejected by Gannett for being undervalued. |
| 2018 | A former paperboy emailed Gannett investigative reporters and management with sexual abuse claims while the company was seeking merger partners and facing a hostile takeover. |
| 2018 | Gannett decides not to delay print deadlines for midterm elections, meaning next-day newspapers would no longer contain election results and would direct readers to the Internet. |
| April 2018 | Digg, a digital platform owned by Gannett, was sold to BuySellAds. |
| November 1 2016 | Gannett pulls out of acquisition talks with Tribune Publishing due to disappointing earnings reports. |
| May 2016 | Tribune Publishing shareholders reject Gannett's initial acquisition offer. |
| April 2016 | Gannett makes an unsolicited bid to acquire Tribune Publishing Company for $12.25 per share (around $400 million). |
| December 2015 | Gannett announces that its local newspapers will be branded as the 'USA Today Network'. |
| October 7 2015 | Gannett acquires Journal Media Group for $280 million, gaining control of publications in over 100 markets in the Midwestern and Southern U.S. |
| June 29 2015 | Gannett completes its split, with the old Gannett changing its name to Tegna and spinning off its publishing interests as a 'new' Gannett Company. |
| April 21 2015 | Gannett announces that the publishing arm will continue to use the Gannett name, while the broadcasting and digital company will be named Tegna. |
| 2014 | Gannett buys out the remainder of Classified Ventures for $1.8 billion, gaining full ownership of properties like Cars.com. |
| August 5 2014 | Gannett announces plans to split into two independent publicly traded companies - one focused on newspapers and publishing, and the other on broadcasting. Robert Dickey becomes CEO of the newspaper company, while Gracia Martore leads the broadcasting and digital operations. |
| October 6 2011 | Craig A. Dubow resigned as Gannett's chairman, president, and chief executive officer, citing health reasons. Gracia Martore, the company's chief operating officer and a 26-year company veteran, succeeded him. |
This contents of the box above is based on material from the Wikipedia article Gannett, which is released under the Creative Commons Attribution-ShareAlike 4.0 International License.