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Gannett Sells Five Newspapers
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ARLINGTON, Va. (AP) _ Gannett Co. sold five small suburban
Washington daily newspapers Thursday to comply with regulations
that bar a company from owning too many media outlets in one area.
Gannett sold The Journal Newspapers, which also include 10
weeklies, to a new subsidiary of Newsco Inc. of Destin, Fla.,
Gannett said in a written statement. The purchase price was not
disclosed.
Gannett bought the newspapers in August from shareholders of
the Times Journal Co. of Springfield,...
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Gannett Co.(Brief Article)
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; Gannett Co. wasted no time taking advantage of a new Federal Communications Commission rule allowing ownership of more than one station in a market. Gannett, owner of Jacksonville NBC affiliate WTLV TV-12, plans to purchase local ABC affiliate WJXX TV-25, which is owned by Albritton Communications
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Gannett to Purchase Area's Journal Newspapers Chain
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; Gannett Co. of Rosslyn, the publisher of USA Today, said yesterday it has agreed to purchase the suburban Journal newspapers, a chain of five dailies covering Alexandria, Arlington, Fairfax, Prince George's and Montgomery counties. The deal, which could cost Gannett as much as $47 million and
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Gannett Sells Journal Papers To Fla. Firm; Media Giant Keeps Plant, Telemarketing Operation
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; ... efforts to put the Journals in the black. "I suspect that {Phillips} may try to start" cutting costs by reducing jobs and space for news, he said. Douglas McCorkindale, Gannett's vice chairman, said his company considered seeking a waiver of the federal cross-ownership ...
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Gannett Names Top Executive To Head Journal Newspapers
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; Gannett Co. of Arlington has chosen one of its top executives to run the Journal newspaper chain in the Washington suburbs, although it remained unclear yesterday whether the company ultimately would be permitted to operate the newspapers under federal rules. Gannett, the publisher of USA Today and
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