Careers at Gannett
Gannett publishes and manages a range of local and national media publications, seeking to distribute quality content to customers across multiple platforms, including physical and digital channels.
Gannett traces its history back to 1906, when Frank Gannett and several partners acquired a stake in New York-based publication The Elmira Gazette. This became the first of many such acquisitions, with Gannett quickly establishing a portfolio of local news publications, principally across the Northeastern United States, and nationwide. Gannett was formally incorporated in 1923 in Rochester, New York.
In 1982 Gannett created USA TODAY, a national newspaper and news outlet, which remains a significant part of the Company’s operations, serving a national daily readership of around 4 million. Since its establishment as a local news publisher, the Company has expanded its portfolio of outlets and publications to include radio stations, television and cable channels, and digital channels.
Gannett is one of the largest media publishing groups in the US. Its portfolio includes local outlets across 30 US states, as well as national publications, and local publications in the UK. The Company also owns publications devoted to sports, such as MMA Junkie, Baseball HQ, and Hoops Hype. Gannett trades a portion of its shares on the New York Stock Exchange and has a current market capitalisation of $1.37 billion.
Benefits at Gannett
Business model of Gannett
Gannett delivers content through multiple channels, serving a broad range of customers. These customers principally comprise:
- General Consumers, including the audiences of numerous local, national and regional publications online and in print; and
- Advertisers, including advertising agencies, brand marketers, and commercial entities.
Gannett’s publications attract advertisers of varying sizes, selling advertising space to large businesses such as Audi, PGA Tour, and Schoology, as well as with to smaller, local and regional businesses.
Gannet’s portfolio of publications and brands principally serves a US customer base. It also publishes content in the UK for local audiences, with its online media content available to customers worldwide.
Gannett Provides value to its customers in the following ways:
- The quality of its content, with the Company publishing content across a wide range of well-regarded publications, with a track record for quality and reliable reporting;
- The diversity of its publications, with the Company publishing a broad range of local and national newspapers, as well as offering content on specialist subjects, particularly sports, including boxing, baseball, and mixed martial arts;
- Its extensive readership and audience, with the Company serving local, regional and national audiences across the US, as well as in the UK, with its online content available worldwide; and
- Its accessibility and distribution network, with the Company distributing print media across the US and abroad, and providing digital content across various online and mobile channels.
Gannett operates a website at www.gannett.com , through which it provides information on its various brands, services, and activities. The Company publishes numerous local and national brands, all of which operate their own online channels through which they distribute content. The Company’s various publications are available via a number of mobile channels, including iOS and Android applications, as well as through social media accounts which comprise a significant part of its publication infrastructure. The Company’s online content is available to consumers both on a subscription and free-to-use basis.
Gannett also circulates print versions of many of its publications, which it sells through retailers and distributors, as well as via mail subscriptions. The Company operates its own plants and equipment, as part of its distribution networks. Gannett provides its advertising solutions through its own in-house sales and marketing teams, with each of the Company’s publications offering advertising solutions on an individual basis, often serving client in the same locality or related to the theme of the publication.
Much of Gannett’s content is available on a self-service process, through the Company’s numerous digital channels. Customers are able to access content from the Company’s publications, manage their subscriptions, and change their account details without interacting directly with members of the Company’s sales and marketing teams. Customers can also purchase physical subscriptions autonomously.
Gannett also establishes close relationships with customers, with its sales and marketing teams dealing directly with retail and distribution customers, and establishing long-term relationships. Similarly, the Company works closely with its advertising customers so as to establish a detailed brief covering their budget and requirements.
Gannett provides support to its existing and potential customers, who are able to submit enquiries to the Company’s support staff by post, over the phone and via email. Each of the Company’s individual publications also operates its own contact channels, as well as social media accounts, including with Facebook, Twitter, LinkedIn, Instagram, Pinterest, and YouTube.
Gannett operates as an international, multi-platform news and information publisher. It provides local and national content, as well as niche content, in physical form, as well as online and via mobile.
The Company’s portfolio comprises around approximately 110 daily publications, more than 400 non-daily publications, as well as digital platforms, primarily in the US – where it has operations in more than 30 states nationwide, as well as in Guam – and the UK. The Company’s portfolio includes high-profile outlets such as USA TODAY, which has a total daily circulation of approximately four million and Sunday circulation of over 3.9 million.
Gannett’s UK operations are organized under the Newsquest umbrella, which manages the activities of more than 20 daily paid-for publications. The Company’s operations also include commercial printing, marketing and data services operations.
Gannett collaborates with various companies and organisations in order to efficiently serve its customers. These partners include:
- Advertising and Branding Partners, principally comprising advertising agencies which assist in matching advertisers with appropriate publications from the Company’s portfolio;
- Supplier and Vendor Partners, comprising suppliers of resources, tools, and services, which support the publication and distribution of the Company’s content across multiple platforms;
- Channel and Distribution Partners, comprising distributors which assist in extending the Company’s own sales and marketing reach; and
- Discovery and technology Partners, comprising various technology companies and platforms that assist in identifying and disseminating content for the Company’s various publications.
Gannett has agreed a number of partnerships in recent years. This includes an investment in news aggregator Digg, which will help Gannett's USA Today Network reach more people; a partnership with discovery platform Taboola, which will integrate content recommendations across Gannett’s network of publications; and a deal with Kimbia to raise funds for non-profits across the US.
Gannett’s key resources are its content and intellectual properties, its various proprietary publications, its online and mobile platforms and its IT infrastructure, its publication infrastructure and networks – including its raw material supply chain, its sales and distribution channels, its partnerships, and its personnel.
Gannett owns and leases a number of properties as part of its operations. This includes a number of publishing centres and plants, in the US and in the UK, that are key to the publication process. The Company also owns a number of intellectual properties – including trademarks, domain names, and copyrights – that are material to the success of the Company’s operations and brand identities.
Gannett incurs costs in relation to the management of its intellectual properties, the generation and acquisition of content, the maintenance of its digital platforms and IT infrastructure, the operation and maintenance of its physical publishing infrastructure – including the procurement of raw materials, the operation of its sales and marketing channels, the management of its partnerships, and the retention of it personnel.
In 2015 Gannett’s cost of sales and operating expenses amounted to $1.87 billion, and selling, general and administrative costs totaling $707.02 million. The bulk of the Company’s selling, general and administrative costs related to payroll and employee benefit costs – including the payment of salaries and benefits to its workforce of 18,700 employees – which totaled $515 million for the year.
Gannett generates revenue through the publication and distribution of various local and national publications across the US and UK. The Company’s revenue is principally categorised as follows:
- Advertising Revenue, comprising revenue derived from the Company’s provision of multi-platform advertising solutions across its various publications; and
- Circulation Revenue, comprising revenue derived from the sale of premium content and the collection of fees for both digital and physical subscriptions.
In 2015 Gannett generated operating revenue in the amount of $2.89 billion, down on the $3.17 billion recorded by the Company in 2014. The majority of the Company’s revenue was derived from its advertising solutions, which accounted for $1.61 billion in annual revenue. Revenue derived from circulation totalled $1.06 billion, with the Company’ remaining revenue attributed to other activities, such as commercial printing services.
info: Bob (“Dickey”) has served as Chief Executive Officer and President of Gannett since joining the Company in 2015. Dickey has held a number of positions within the publishing space, beginning his career in 1981 at The Daily Tidings in Ashland, Oregon. In 1989 he joined content marketeering firm TEGNA at the Reno Gazette Journal in 1989, where he served as its Retail Advertising Manager and Advertising Director. He held a number of roles under the TEGNA umbrella before joining Gannett, including spells as Chairman of Phoenix Newspapers, President of US Community Publishing, Senior Group President of the Pacific Newspaper Group, Vice President of Pacific Group, and President and Publisher of The Desert Sun in Palm Springs, California.
info: Alison (“Engel”) has served as Senior Vice President and Chief Financial Officer at Gannett since 2015. She joined the Company earlier the same year as Vice President of Finance. Engel has served in a number of senior financial positions across various business sectors. She began her career at Coopers and Lybrand, where she held several positions, ultimately leaving the Company in 1998 as a senior associate. She went on to join EMC Mortgage as Supervisor of Profit and Loss Analysis, a position she held for two years before joining EXE Technologies as Assistant Controller in 2000. Prior to joining Gannett, Engel worked at Belo Corporation, initially as Vice President and Corporate Controller, and latterly as Chief Financial Officer and Treasurer.
info: Maribel (“Wadsworth”) has served as Senior Vice President and Chief Financial Officer at Gannett since 2015. Wadsworth first joined Gannett in 2009 as a digital news executive. She has since held a variety of positions at the Company, including spells as Vice President of Audience Development and Engagement and Senior Vice President of Strategic Initiatives. Wadsworth began her career as a journalist, joining Rockford Register Star in 1996 as a reporter. In 1997 she joined The News Press, where she held a number of positions over a period of 12 years, before joining Gannett. She began her career at The News Press as a reporter, but went on to hold senior roles, such as Assistant Features Editor, Features Editor, Metro Editor, Assistant Managing Editor, and Managing Editor.
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