Topics

Gannett Company, Inc.
Gannett to split TV and newspaper units into separate companies
Gannett to split TV and newspaper units into separate companies

Gannett Co. is spinning off its publishing assets into a separate publicly traded company. The McLean, Va.-based broadcaster and publisher whose holdings include more than 40 television stations, USA Today and 81 local newspapers, is the latest media company to separate its newspaper and television units. Last year, Rupert Murdoch split his entertainment and publishing assets into separate companies -- 21st Century Fox and News Corp., respectively. Earlier this year, Time Warner spun off its publishing company Time Inc. and this week Tribune Media completed a spinoff of its publishing assets including the Los Angeles Times off into a new company called Tribune Publishing. ...

Loading