Gannett, the media company that owns USA TODAY, said Monday its third quarter net income rose 49% from a year ago due to acquisitions and gains in TV political ads and retransmission revenues that helped offset a decline in the print business. Its net income for the quarter totaled $118.5…
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Gannett earnings up 84%, beat analysts’ estimates
Gannett, the parent of USA TODAY, said Tuesday second-quarter earnings rose 84% from a year ago, boosted in large part by a massive increase in revenue from the broadcasting division. The earnings come two full quarters after the company started operating the stations it acquired from its former…
Gannett agrees to buy 6 TV stations from London Broadcasting Company
Gannett, the publisher of the United States newspaper USA TODAY, has announced on Wednesday that the company has agreed to buy six TV stations from the Dalla-based London Broadcasting Company for a deal that has been estimated to be worth $215 million in cash.
The McLean-based media company will…