Gannett

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Mike Reed's photo - Chairman & CEO of Gannett

Chairman & CEO

Mike Reed

CEO Approval Rating

87/100

GANNETT TOP COMPETITORS OR ALTERNATIVES

RANK

COMPANY

CEO

CEO RATING

EMPLOYEES

FUNDING

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Hearst is perceived as one of Gannett's biggest rivals. Hearst was founded in 1887 in New York, New York. Hearst is in the Publishing field. Hearst generates $8.8B more revenue than Gannett.

McClatchy is Gannett's #2 rival. McClatchy is a Private company that was founded in 1857 in Sacramento, California. McClatchy competes in the Publishing field. Compared to Gannett, McClatchy has 10,930 fewer employees.

Meredith is one of Gannett's top competitors. Meredith's headquarters is in Des Moines, Iowa, and was founded in 1902. Like Gannett, Meredith also operates in the Publishing industry. Meredith generates 105% of Gannett's revenue.

Gannett Quarterly and Annual Revenue

Trailing 12-Months Trend (TTM)

Annual Revenue

$2.7B

Gannett's revenue is the ranked 7th among it's top 10 competitors. The top 10 competitors average 20.4B. Over the last four quarters, Gannett's revenue has decreased by 15.4%. Specifically, in Q3 2019's revenue was $635.6M; in Q2 2019, it was $660.3M; in Q1 2019, it was $663.4M; in Q4 2018, Gannett's revenue was $751.4M.

Gannett Acquisitions

COMPANY ACQUIRED
ACQUISITION DATE
AMOUNT
DESCRIPTION
WordStream, Inc.

May 2018

Source »
$130M
WordStream develops a cloud-based SaaS platform that helps businesses to optimize their digital marketing services campaigns.
SweetIQ Analytics Corp.

Apr 2017

Source »
undisclosed
SweetIQ is a location-based marketing platform that offers data analytics, listing and review management solutions to businesses.
Golfweek

Oct 2016

Source »
undisclosed
Golfweek is a publisher and marketer of golf magazine in both the printed and digital versions.
North Jersey Media Group Inc.

Jul 2016

Source »
undisclosed
North Jersey Media is a publisher of daily and weekly newspapers in print and digital format that covers local news, sports, politics and events.
ReachLocal, Inc.

Jun 2016

Source »
$156M
ReachLocal is a digital marketing agency that helps businesses worldwide manage their web presence, advertising, and customer engagement to improve performace in local markets.

Gannett Funding History

ROUND

FUNDING DATE

AMOUNT

INVESTORS

Debt
Feb 2021
$1B
-
Debt
Nov 2019
$1B
-

Gannett Investments

COMPANY

DESCRIPTION

AMOUNT

INVESTMENT DATE

ROUND

EXIT DATE

Grateful Ventures is an online media and publishing company that builds content and monetization strategies for cooking websites and bloggers.
-
Oct 04, 2017
Equity
-
Moonlighting operates as an on-demand marketplace that helps businesses to hire freelancers for short-term projects.
$2.3M
Sep 28, 2016
Equity
-
Digg is an internet curation platform that provides science, politics, entertainment and technology news.
-
Sep 12, 2016
Series C
Apr 01, 2018
Moonlighting is an online platform that allows users to hire contractors and freelancers.
$2.3M
Feb 29, 2016
Equity
-
Gravy is a location intelligence platform that allows advertisers and brands to identify and verify consumer activities and interests.
$7.6M
Apr 07, 2015
Series A
-

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Gannett Headquarters

7950 Jones Branch Drive

McLean, Virginia22102

1-703-854-6000

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Gannett Summary

ABOUT

Overview

Gannett is a Virginia-based media company that owns and operates a network of daily magazines and newspapers. Gannett was founded in 1906. Gannett's headquarters is located in McLean, Virginia, USA 22102. It has raised 2.0B in 2 rounds. The latest rou...

CEO

Gannett's Chairman & CEO, Mike Reed, currently has an approval rating of 87%. Gannett's primary competitors are Hearst, McClatchy & Meredith.

Frequently Asked Questions about Gannett

  1. When was Gannett founded?

    Gannett was founded in 1906
  2. Who is Gannett's CEO?

    Gannett's CEO is Mike Reed
  3. How much revenue does Gannett generate?

    Gannett generates $2.7B in revenue
  4. How much funding does Gannett have?

    Gannett has historically raised $2B in funding
  5. Where is Gannett's headquarters?

    Gannett's headquarters is in McLean Virginia, USA
  1. How many employees does Gannett have?

    Gannett has 13,700 employees
  2. What sector does Gannett operate in?

    Gannett is in Publishing
  3. Who are Gannett's competitors?

    Gannett's top competitors are Hearst, McClatchy, Meredith
  4. Who has Gannett invested in?

    Gannett's has invested in companies such as Grateful Ventures, Gomoonlighting, Digg