Gannett Company (Continued)

Gannett Company, Inc. is a publicly traded American media holding company headquartered in Tysons Corner, Virginia, near McLean in Greater Washington DC. It is the largest U.S. newspaper publisher as measured by total daily circulation. Its assets include the national newspaper USA Today and the erstwhile weekly pullout magazine USA Weekend which is found in local newspapers (including some non-Gannett newspapers). Its largest non-national newspaper is the Detroit Free Press in Detroit, Michigan. Other significant newspapers include The Indianapolis Star, The Cincinnati Enquirer, The Tennessean in Nashville, Tennessee, The Courier-Journal in Louisville, Kentucky, the Democrat and Chronicle in Rochester, New York, The Des Moines Register, The Arizona Republic in Phoenix, Arizona, The News-Press in Fort Myers, the Milwaukee Journal Sentinel, and the Great Falls Tribune.

In 1979, Gannett acquired Combined Communications Corp., operator of 2 major daily newspapers, the Oakland Tribune & The Cincinnati Enquirer, seven television stations, 13 radio stations, as well as an outdoor advertising division, for $370 million. The outdoor advertising became known as Gannett Outdoor, before being acquired by Outdoor Systems (previously a division of 3M), before the company was sold to Infinity Broadcasting, which later became part of Viacom, and was part of CBS Corporation, until 2014 when CBS Outdoor went independent and became Outfront Media.

Beginning in 2005 at the Fort Myers News-Press, Gannett pioneered the mojo concept of mobile multimedia journalists, reporters who were initially untethered from conventional newsrooms and drove around their communities filing hyperlocal news via Wi-Fi in various formats including text for print publication, still photos for print and online publication, and audio and video for the News-Press website.

Acquisition of London Broadcasting Company stations

On May 14, 2014, Gannett announced the acquisition of six stations from the Texas-based London Broadcasting Company in a $215 million deal, including KCEN-TV (NBC) in Waco-Temple-Bryan, KYTX (CBS) in Tyler-Longview, KIII (ABC) in Corpus Christi, KBMT (ABC/NBC) in Beaumont-Port Arthur, KXVA (FOX) in Abilene-Sweetwater and KIDY (FOX) in San Angelo. The company's COO Phil Hurley will also join Gannett to continue his leadership role at the six stations. The acquisition was completed on July 8, 2014; in total, Gannett stations now serve 83% of households in the state. Post acquisition, Gannett now outright owns and operates their first Fox affiliates, KIDY & KXVA.

On October 7, 2015, Gannett struck a deal to buy the Journal Media Group for $280 million, giving it control of publications in over 100 markets in the Midwestern and Southern U.S. Similar to what Gannett had earlier done with its broadcasting assets, the Milwaukee-based Journal had separated its publishing and broadcasting arms in April 2015, with the E. W. Scripps Company acquiring the television and radio properties owned by the former's technical predecessor Journal Communications and spinning out their respective publishing operations into Journal Media Group. On October 7, 2015, Gannett struck a deal to buy the Journal Media Group for $280 million, giving it control of publications in over 100 markets in the Midwestern and Southern U.S. Similar to what Gannett had earlier done with its broadcasting assets, the Milwaukee-based Journal had separated its publishing and broadcasting arms in April 2015, with the E. W. Scripps Company acquiring the television and radio properties owned by the former's technical predecessor Journal Communications and spinning out their respective publishing operations into Journal Media Group.

https:// en.wikipedia.org/wiki/Gannett_Company

https:// commons.wikimedia.org/wiki/Category:Gannett_Company#/media/File:D%26C_Building.jpg

Tegna, Inc. formerly Gannett, as a broadcast and digital media company

As part of the separation, the company announced that the broadcasting and digital company would be named Tegna—a partial anagram of "Gannett". The spin-out was structured so that "old" Gannett changed its name to Tegna, Inc., then spun off its newspaper holdings into a "new" Gannett. The split was completed on June 29, 2015. Tegna retained "old" Gannett's stock price history, though it trades under a new ticker symbol, TGNA. The "new" Gannett inherited old Gannett's longtime ticker symbol, GCI. The two companies, however, continued to share a headquarters complex.

Tegna also retained G/O Digital, a digital marketing services brand that it launched in August 2013, and the 20 broadcast stations it acquired from Belo Corporation in December 2013 and the six stations it acquired from London Broadcasting Company in July 2014. In September 2016, Tegna announced plans to spin off Cars.com to create two independent publicly traded companies. Tegna shareholders approved an initial public offering of Cars.com as a publicly-traded spin-off in May 2017. Shortly after, Tegna completed the spin-off of Cars.com, which now trades under a new ticker symbol, CARS. Upon the completion of the spin-off, Dave Lougee, president of Tegna Media, was named president and CEO of Tegna and joined the company’s Board of Directors. Gracia Martore, president and CEO of Tegna, retired and stepped down from the Board.

Tegna and Cooper Media, parent corporation of the Justice Network, announced on November 7, 2017 a new multicast network, Quest. Tegna would be the charter station group as such would receive a minority stake in the network, which launched in January 2018. The range of programming on the network would be engineering and science, human achievements, military history and natural history.

Tegna owns or operates 47 television stations located in 39 markets (including seven duopolies); it also owns two radio stations. 18 of the company's stations are affiliated with NBC (including a semi-satellite of KCEN-TV and a digital subchannel of KBMT), eleven are affiliated with CBS, nine are affiliated with ABC, and three are affiliated with Fox. In addition, the company owns three CW affiliates, three MyNetworkTV affiliates and one independent station. It also provides operational services to a fourth MyNetworkTV affiliate, KTTU in Tucson, through shared services agreements with Tucker Operating Co. On December 18, 2017, Tegna announced it would acquire KFMB-AM-FM-TV in San Diego from Midwest Television, Inc. for $325 million, pending approval from the Federal Communications Commission. The acquisition was completed on February 15, 2018.

https:// en.wikipedia.org/wiki/Tegna,_Inc.

Repost for exposure from a previous bread, as it was at the heel.

Gannett Co., Inc.

This list is compiled by the Columbia Journalism Review

Their last review of this Media Mogul Corporation was 2011. This was before the Company split to create Tegna in 2015.

If you look at the holdings of the time, you will see there is almost no area untouched where it concerns spreading the narratives of the day. They had 27 states including Guam. They had publications for Military Branches, Health Care, Federal Government, and the UK. This is just what is in print. Television Stations, Radio, Cable, and Online Digital Media.

With that kind of power you can push any message you like, and who would stop you, you own it all. This is just one of 10 Media Moguls.

https:// www.cjr.org/resources/?c=gannett