Gannett / GCI

About Gannett

7950 Jones Branch Dr., McLean, Va. 22107
www.gannett.com | 703-854-6000 | Founded: 1906

Industry: Media/Data | Category: Public Companies

The publisher of USA Today and 84 other daily U.S. newspapers also owns British publishing operations, 23 U.S. television stations, and Web sites that were viewed by more than 25 million people in January. To fight slumping ad sales, Gannett has cut its dividend, chopped 10 percent of its workforce and imposed furloughs on remaining employees. In fiscal 2008, it bought an action sports network, a minority stake in a fantasy sports Web site and a bigger stake in the CareerBuilder jobs site.

Chairman and CEO: Craig A. Dubow

2008 Financial Data

Revenues: $6,767,650,000 | Net Income: $-6,647,565,000
Asssets: $7,796,814,000 | Earnings Per Share: $-29.11
Stockholder Equity: $1,055,882,000 | Annual Dividend: $1.60
Total employees: 41,500 | Local employees: 2,200