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Gannett Co., Inc.

Frank Gannet initially made an investment and founded the Gannett Company, Inc. in 1923. The company had its headquarters originally in Rochester, New York until the management decided to move to Arlington County, Virginia in 1986. The Star-Gazette remains as Gannett’s oldest newspaper and is still in circulation. Its headquarters are located in Elmira, New York. Meanwhile, the main office of Gannet is now located at Tysons Corner, a suburb of Washington, D.C.

Gannet Company Inc. is the largest newspaper publisher in the United States based on the total daily circulation of its newspapers. Considered as a publicly-traded media in the US, it has several assets including the USA Weekend which is published weekly and the USA Today, a national newspaper. On the other hand, its most popular non-national newspaper is the Arizona Republic and this is published in Phoenix.

There are other holdings that Gannet owns such as The Enquirer in Cincinnati, The Tennessean in Nashville, The Indianapolis Star, The Des Moines Register, The Courier-Journal which is published in Louisville, The Detroit Free Press as well as The Honolulu Advertiser. Aside from these holdings, Gannet has also acquired properties in digital media which includes ShopLocal and PointRoll.

Today, many critics are against Gannet’s increasing trend regarding outsourcing or using of Asian labor to produce most of its advertisements.

September 15, 2008 Posted by demarketman | The Markets | , , | No Comments Yet