Use access key #2 to skip to page content.
$8.63 -0.08 (-0.92%)
1/8/2009 4:00 PM

Gannett Co., Inc. (GCI)

CAPS Rating:
**

An international news and information company operating primarily in the United States and the United Kingdom.

View All Commentary (GCI)

Recs

0

Avatar TMFLucky11 (97.78) Submitted: 8/22/06 3:39 PM : Underperform Start Price: $49.43 GCI Score: 52.41

Despite Gannett's recent acquisitions and selloffs in an attempt to stregthen its business, it hasn't gone far enough. In local markets, the trumpeting of national and international news throughout the newspapers' A sections is a waste of newshole -- what Gannett needs to be doing is focusing much, much more as a company on the local angle in each small to mid-size market it serves. Further, while I can appreciate its renewed focus on the Web as a tool to communicate news and information in a more timely, less "once-a-day" manner, it's moving far too slowly in this direction AND not far enough.

In short, the company hasn't given me any reason to believe it's willing to completely overhaul its news distribution model -- which is what it will take for newspaper companies to survive in an instant-information world.

Report this Post Replies: 0 | Reply | Permalink

Featured Broker Partners

Sponsored Links