Tribune Publishing Co
Gannett targets growth through acquisition of Cars.com
Gannett announced the acquisition of a 73% stake in Classified Ventures in August last year. Classified Ventures owns Cars.com.
Gannett plans to split off into two publicly traded companies
In August last year, Gannett Company (GCI) announced that it plans to create two publicly traded companies. It expects to split off its publishing business by the middle of this year.
Broadcasting and Digital drove GCI’s 24% revenue growth in 4Q14
Gannett said that the revenue growth, for the quarter and the full year, was driven by the Broadcasting and Digital segments.