The companies will co-host a call to discuss the transaction and second quarter earnings on August 5, 2019 at 4:15 p.m. Eastern Time. For various reasons from tech disruption to changing media consumption habits the U.S. has seen a net loss of 1,800 local newspapers over the past 15 years. Alexas top sites under the category of news (U.S. only, excluding user-generated). The . Gannett, the Owner of USA Today, Is About to Get a Whole Lot Bigger. Gannett Co. to be sold to New Media Investment Group - Milwaukee New Media is focused primarily on investing in a high quality, diversified portfolio of local media assets. AAPL, FB, TWTR), Total number of diversity investments made by an investor, Total number of employee profiles an organization has on Crunchbase, Total number of organizations similar to the given organization, Descriptive keyword for an Organization (e.g. Gannett's current CEO, Bascobert, will retain that title as head of the new company's operating subsidiary, also to be called Gannett. When Bermuda was first discovered in the 1500s by the Spanish in the Caribbean, and then a century later by the English, there was no Indigenous population documented. Joele Frank, Wilkinson Brimmer Katcher Reporting by Vibhuti Sharma in Bengaluru; Editing by Shinjini Ganguli. Cautionary Statement Regarding Forward-Looking Statements. You see too many of these things done for financial engineering. How Does U.S. Electricity Generation Change Over One Week? About 15 billionaires and six corporations own most of the U.S. media outlets. Before that, he spent four years at Bloomberg LP as President of Bloomberg Businessweek from 2010 until 2014, in addition to serving as Chief Operating Officer of the Media Group from 2011 to 2014. All Rights Reserved. There are a total of 73 overseas territories listed on the map spread across the world. Though the numbers have decreased in recent years, regional news media still reaches millions of people each day. Engel's role was announced previously. Including the announced acquisitions, New Medias portfolio of products, which will include 449 community publications, 366 related websites, and six yellow page directories, will serve more than 130,000 business advertising accounts and will reach over 12 million people on a weekly basis.
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