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.
close

Next Article in Multichannel Marketing

Sign up to our newsletters

Company of the Week

USAData helps businesses find new customers and grow their current customers through a combination of data and digital marketing services, and easy-to-use SaaS technology products. We enrich customer data so businesses can more effectively target and communicate with customers, and connect them with their best look-alike prospects through digital and traditional channels. We make it easy through simple, self-serve applications and APIs, as well as through full-service programs managed by our Data and Digital experts. 

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