Gannett to Purchase 21 Newspapers in 6 States

Share this content:
Gannett Co., Arlington, VA, will acquire 21 daily newspapers, along with numerous weeklies and niche publications, from Thomson Newspapers Inc., Toronto, in a series of transactions totaling $1.1 billion, Gannett announced this week.

Gannett will acquire Thomson's strategic marketing groups in Wisconsin (eight dailies), central Ohio (eight dailies) and southwest Ohio (two dailies), and single daily newspaper groups in Lafayette, LA; Salisbury, MD; and St. George, UT. The newspapers have a combined daily circulation of 466,000.

Closing is expected to occur in the third quarter and is subject to government approvals.

Gannett is an international news operation that publishes 74 daily newspapers in the United States. The company also owns several nondaily publications.

Thomson -- which has been shifting from newspaper publishing to providing what it calls "e-information and solutions" -- also agreed to a separate deal with Community Newspaper Holdings Inc. Under the terms of the agreement, Thomson will sell to CNHI 17 daily newspapers in Indiana, Georgia and West Virginia, as well as its newspaper operation in Cumberland, MD. The purchase price is $455 million. The newspapers have a combined daily circulation of 260,000.

Next Article in Multichannel Marketing

Sign up to our newsletters

Company of the Week

We recently were named B2B Magazine's Direct Marketing Agency of the Year, and with good reason: We make real, measureable, positive change happen for our clients. A full-service agency founded in 1974, Bader Rutter expertly helps you get the right message to the right audience at the right time through the right channels. As we engage our clients' audiences along their journey, direct marketing (email, direct mail, phone, SMS) and behavioral marketing (SEM, retargeting, contextual) channels deliver information relevant to the needs of each stage. We are experts at implementing and leveraging marketing technologies such as CRM and marketing automation in order to synchronize sales and marketing communications. Our team of architects and activators plan, execute, measure and adjust in real time to ensure the strategy is working as needed and change things if it's not.

Find out more here »

Career Center

Check out hundreds of exciting professional opportunities available on DMN's Career Center.  
Explore careers in digital marketing, sales, eCommerce, marketing communications, IT, data strategies, and much more. And don't forget to update your resume so employers can contact you privately about job opportunities.

>>Click Here

Relive the 2017 Marketing Hall of Femme

Click the image above