Gannett

Gannett Co., Inc. (/ɡəˈnɛt/) is an American mass media holding company headquartered in Tysons, Virginia, in the Washington, D.C., metropolitan area. It is the largest U.S. newspaper publisher as measured by total daily circulation.

Gannett Co., Inc.
Company typePublic
Traded as
NYSE: GCI
ISINUS36472T1097
IndustryMedia
GenrePublishing
FoundedRochester, New York October 6, 1906 (1906-10-06)
FounderFrank Gannett
SuccessorTegna Inc. (Broadcasting)
HeadquartersTysons, Virginia, U.S.
Key people
  • Mike Reed
  • (Chairman and CEO)
ServicesPublishing/Digital Marketing Solutions
Revenue US$ 2.9 billion (2022)
–US$ 146 million (2019)
Net income
–US$ 119 million (2019)
Total assets US$ 4.02 billion (2019)
Total equity US$ 981 million (2019)
OwnerFortress Investment Group
Number of employees
11,200 (2022)
ParentNew Media Investment Group
SubsidiariesNewsquest
Websitegannett.com

It owns the national newspaper USA Today, as well as several local newspapers, including the Austin American-Statesman; Detroit Free Press; The Indianapolis Star; The Cincinnati Enquirer; The Columbus Dispatch; The Florida Times-Union in Jacksonville, Florida; The Tennessean in Nashville, Tennessee; The Daily News Journal, in Murfreesboro, Tennessee; The Courier-Journal in Louisville, Kentucky; the Democrat and Chronicle in Rochester, New York; The Des Moines Register; the El Paso Times; The Arizona Republic in Phoenix, Arizona; The News-Press in Fort Myers, Florida; the Milwaukee Journal Sentinel; the Argus Leader, and the Great Falls Tribune.

In 2015, Gannett split into two publicly traded companies, one focusing on newspapers and publishing and the other on broadcasting. The broadcasting company took the name Tegna, and owns about 68 TV stations. The newspaper company inherited the Gannett name. The split was structured so that Tegna is the legal successor of the old Gannett, while the new Gannett is a spin-off.

In November 2019, New Media Investment Group acquired and merged its GateHouse Media subsidiary into Gannett, creating the largest newspaper publisher in the United States, which adopted the Gannett name. Mike Reed was named CEO.

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