![]() Scripps now operates their combined broadcast assets.United States national newspapers: USA Today | USA Weekend | Sports Weekly As part of their agreement, they combined Journal and Scripps publishing businesses and spun them off as a separate, publicly traded company. Scripps Co. and Journal Communications last year. Journal Media Group was created after the merger of E.W. The companies didn’t disclose Stautberg's status after the merger. “This transaction marks a critical next step in the transformation of our industry as we build local media brands that matter at a time when operational scale is a competitive advantage,” said Tim Stautberg, CEO of Journal Media Group. Gannett also said it operates printing and distribution facilities at or near some of the Journal Media Group markets. For some time, Gannett has been consolidating some internal operations, centralizing newspaper design, copy editing and other functions.Ĭoffee+News meeting at the Indianapolis Star ![]() Once the proposed merger with Journal Media Group is completed, the combined company “will benefit from the consolidated functions Gannett has established over the last several years,” Gannett said. When the split was announced in August 2014, then-Gannett executives said the new Gannett would begin operating largely without debt and was poised to be an acquirer in an industry ripe for consolidation. Tegna, whose former name was Gannett, sought the spinoff to mainly focus on television broadcasting and its digital businesses, and. Gannett is focusing on USA TODAY and local markets. In late June, Gannett was split from its former parent, now called Tegna. ![]() Its print circulation will rise by about 675,000 on weekdays and 950,000 on Sundays, it said. It will result in “a combined digital audience of more than 100 million unique visitors a month,” it said. We welcome the employees of the Journal Media Group into the Gannett family and look forward to continuing to be an industry leader."Īfter the deal, Gannett will have a media outlet in 106 local markets in the U.S. This transaction will allow us to focus on creating quality journalism for our communities while building substantial value for our shareholders. “Just over 100 days ago we laid out the importance of expanding our local market footprint and we are very pleased that our acquisition strategy has kicked off with such a highly regarded company. "Gannett is excited to be joining forces with an organization that is so respected by their communities and industry," said Gannett CEO Robert Dickey.
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