Business Services Industry
Gannett Statement on Proposed FCC Rule Change
Business Wire, Nov 13, 2007
MCLEAN, Va. -- Gannett Co., Inc. (NYSE:GCI) today released the following statement:
Gannett agrees the newspaper/broadcast cross-ownership ban must be changed, but today's proposed rule is far too limited and does not reflect the realities of the marketplace.
Gannett Co., Inc. is a leading international news and information company that publishes 85 daily newspapers in the USA, including USA TODAY, the nation's largest-selling daily newspaper. The company also owns nearly 1,000 non-daily publications in the USA and USA WEEKEND, a weekly newspaper magazine. Gannett subsidiary Newsquest is the United Kingdom's second largest regional newspaper company. Newsquest publishes nearly 300 titles, including 18 daily newspapers, and a network of prize-winning Web sites. Gannett also operates 23 television stations in the United States and is an Internet leader with sites sponsored by its TV stations and newspapers including USATODAY.com, one of the most popular news sites on the Web.
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