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The Latest Breaking News from GCI

3 Digital Content Creators Monetizing the Creator Economy

The digital content creation market is exploding, fueled by technological innovations and global internet access. With platforms like Spotify (SPOT), Tencent Music (TME), and Gannett (GCI) leading the charge, the creator economy is ripe for disruption. These giants are perfectly positioned to cash in on this booming trend. Read on….

Ohio prison holds first-ever five-course meal open to public on facility grounds

Ohio prison holds first-ever five-course meal open to public on facility grounds

Almost 60 members of the public attended a five-course meal at a state prison in northeast Ohio that the facility says is the first of its kind in state history

The Independent UK

Cycle to Work scheme is 'sucking the lifeblood' from local bike shops, say retailers - here's how to save on tax, ethically

Cycle to Work scheme is 'sucking the lifeblood' from local bike shops, say retailers - here's how to save on tax, ethically

Find a scheme with lower commission, and lobby your employer to use it

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Why Gannett Shares Are Sliding Today

Gannett Co Inc (NYSE:GCI) reported a first-quarter FY22 sales decline of 3.7% year-on-year to $748.08 billion, missing the consensus of $754.90 million. Same-store revenues decreased 2.5%. Publishing revenues were $670.4 million, and Digital Marketing Solutions revenues were $109.7 million. Advertising and marketing services revenues decreased 3.4%, while Circulation revenues declined 11.3%. Digital revenues…

Recap: Gannett Co Q1 Earnings

Gannett Co (NYSE:GCI) reported its Q1 earnings results on Thursday, May 5, 2022 at 06:30 AM. Here's what investors need to know about the announcement.

Gannett Hoodwinked Advertisers For Nine Months: WSJ

Gannett Co Inc (NYSE:GCI), owner of USA Today, misguided advertisers with inaccurate information for nine months, the Wall Street Journal reported. Gannett owns news outlets in 46 U.S. states, from the Arizona Republic to the Detroit Free Press, to the Palm Beach Post, and sells ad space through digital auctions. Gannett misguided…

Gannett Stock Slides After Q4 Top-Line Miss; Expects To Exceed 2M Paid Digital Subscribers This Year

Gannett Co Inc (NYSE:GCI) reported a fourth-quarter FY21 sales decline of 5.6% year-on-year, to $826.54 million, missing the consensus of $838.25 million. Same-store revenues decreased 4.3%. Advertising and marketing services revenues decreased 6.6%, while Circulation revenues declined 9.2%. Publishing revenues were $746.8 million (-6% Y/Y), and Digital Marketing Solutions revenues were $113.21 million…

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Gannett Launches Share Buyback Up To $100M; Amends Credit Agreement

Gannett Launches Share Buyback Up To $100M; Amends Credit Agreement

Gannett Co Inc's (NYSE:GCI) board authorized a share buyback of up to $100 million. Gannett's existing five-year senior secured credit agreement will provide for an incremental term loan not exceeding $50 million and transition the interest rate base from LIBOR to Term SOFR due to regulatory requirements. The existing and incremental loans under…

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