More furloughs at Gannett

By Geert De Lombaerde Posted on December 3, 2009 at 8:17 am

The newspaper giant has told many of its employees they’ll have to take another week of unpaid leave in the first quarter of 2010.

SEE ALSO: A recap of other Gannett cost-cutting moves

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Tags: Gannett Co. Inc., human resources, media, newspapers, publishing  

Tennessean publisher retiring

By Geert De Lombaerde Posted on November 23, 2009 at 10:44 am

Ellen Leifeld is stepping down as publisher of The Tennessean after more than three decades at Gannett. Taking her spot is Carol Hudler, at left, who is moving here from Fort Myers and bringing Gannett’s South Newspaper Group HQ with her.

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Tags: Carol Hudler, Ellen Leifeld, executive leadership, Gannett Co. Inc., media, newspapers, publishing, Tennessean  

The Old Gray Lady to be printed here

By Geert De Lombaerde Posted on August 17, 2009 at 7:53 am

The downtown operations of Gannett Inc. have become the 26th site around the country to print The New York Times.

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Tags: commercial printing, Gannett Co. Inc., media, newspapers, Tennessean, The New York Times Co.  

WSJ: Gannett to cut hundreds more

By Geert De Lombaerde Posted on July 1, 2009 at 12:13 am

The Wall Street Journal reports that Tennessean parent Gannett will lay off at least 1,000 workers in the coming days.

The impending move, which follows several aggressive cost-cutting efforts by Gannett over the past year or so, reflects the gloomy near-term outlook for an advertising recovery. The publisher cut 4,600 jobs last year and followed that by requiring most of its remaining employees to take unpaid leave in the first and second quarters.

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Tags: Gannett Co. Inc., layoffs, media, newspapers, publishing, The Wall Street Journal  

Waiting for Gannett

By Kleinheider Posted on April 13, 2009 at 2:01 pm

An earnings report on Thursday will be a crucial barometer on the direction of the newspaper industry:

The depths of the newspaper industry’s swoon will get a fresh sounding this week. Gannett Co., the largest U.S. newspaper publisher by circulation, reports earnings on Thursday, kicking off what is expected to be the ugliest quarter in recent memory for the industry.

Though there is little uncertainty about the short-term outlook, analysts and industry executives will be watching for any signs of a recovery in advertising. Declines in print ad revenue accelerated through the end of last year, and if early returns this year offer no clearer view of a bottom, publishers could start taking more aggressive action, including closing papers or shifting operations online.

“We’re expecting particularly dismal results from newspapers,” said Mike Simonton, an analyst with Fitch Ratings, adding that until classified ads disappear completely, there is “no bottom in sight” for the current revenue trends.

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Tags: earnings reports, Gannett Co. Inc., media, newspapers, publishing  

USA Today publisher retiring to town

By Geert De Lombaerde Posted on March 31, 2009 at 2:00 pm

Craig Moon is stepping down next month after six years as boss of the nation’s biggest paper.

He declined to say where he is going, but said that the Internet has created new opportunities in developing new business models for news, “which I plan to explore with partners.”

He also plans to return to Nashville, Tennessee, where he will spend time with his family.

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Tags: Craig Moon, Gannett Co. Inc., media, newspapers, publishing, USA Today