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Key people at Gannett.
Founded by Frank Gannett and early partner Erwin Davenport, Gannett is the largest newspaper publisher in the United States, operating from its recently relocated headquarters in New York City. The corporation generates revenue primarily through advertising, subscriptions, and digital content sales across an extensive portfolio that includes over 250 daily newspapers spanning more than 40 states. Its diverse media assets feature the flagship national publication USA TODAY, as well as the Newsquest subsidiary that manages over 120 local media brands throughout the United Kingdom. Operating across traditional print and modern digital platforms, the publishing conglomerate maintains a global workforce of approximately 21,000 employees and reported annual revenue of $2.51 billion in 2024. The historic mass media enterprise traces its roots back to 1906 following the pivotal acquisition of the Elmira Gazette in Elmira, New York.
Key people at Gannett.
Gannett has 7 tracked investments across 3 companies. The latest tracked deal is $17.0M Series A in Autolottoscratchr Inc in July 2017.
| Date | Company | Round | Lead Investor(s) | Co-Investor(s) |
|---|---|---|---|---|
| Jul 10, 2017 | Autolottoscratchr Inc | $17.0M Series A | — | Benjamin Narasin, Bruce Gibney, Jason Port, Ryan Scott, TOM Arrix, Iheartmedia |
| Aug 4, 2013 | 4INFO | $8.0M Other Equity | Vulcan Capital | Draper Fisher Jurvetson, PNC Bank, U.S. Venture Partners |
| Aug 1, 2013 | 4INFO | $8.0M Series U | Vulcan Capital | SV Angel, Chris Moore, Matt Coffin, Draper Fisher Jurvetson, PNC Bank, U.S. Venture Partners |
| Oct 27, 2011 | 4INFO | $14.0M Other Equity | Stuart Nagae | Draper Fisher Jurvetson, Mitsui & CO. Global Investment, PNC Bank, U.S. Venture Partners |
| Oct 1, 2011 | 4INFO | $14.0M Series U | Vulcan Capital | SV Angel, Chris Moore, Matt Coffin, Draper Fisher Jurvetson, Mitsui & CO. Global Investment, PNC Bank, U.S. Venture Partners |
| Jun 19, 2008 | Cozi | $8.0M Other Equity | Gannett | — |
| May 1, 2007 | 4INFO | $10.0M Series D | Gannett | PivotNorth Capital, SV Angel, Chris Moore, Matt Coffin |
Gannett, recently rebranded as USA Today Co. (effective November 18, 2025), is a diversified media company that operates at both national and local levels in the United States and the United Kingdom. It provides essential journalism, local content, and digital marketing solutions through its flagship USA TODAY NETWORK and a broad portfolio of local media outlets. The company serves a wide audience including general consumers, local communities, and businesses, addressing the need for trusted, fact-based news and effective digital advertising solutions. Gannett is focused on digital transformation, with over half of its revenue now expected to come from digital sources, and it has recently partnered with Microsoft on AI licensing to enhance its content offerings[1][3][4].
Founded in 1906 by Frank Gannett, the company began by consolidating six newspapers in upstate New York. It grew through decades of mergers and acquisitions, including the 2019 merger with New Media Investment Group, which made it the largest newspaper publisher in the U.S. The company split its broadcasting and publishing businesses in 2015, with the publishing arm retaining the Gannett name. Michael Reed currently serves as CEO and Chairman, leading the company through its recent rebranding and digital pivot[3][4].
Gannett is riding the trend of digital media transformation, shifting from traditional print to digital-first content and marketing solutions. The timing is critical as consumer behavior increasingly favors digital news consumption and advertisers seek targeted digital marketing. The company’s AI partnership with Microsoft positions it to leverage emerging technologies for content innovation. Market forces such as the decline of print advertising and the rise of digital subscriptions favor Gannett’s strategy. Its influence extends to shaping local journalism’s future and providing scalable digital marketing platforms for businesses[1][2][3].
Looking ahead, USA Today Co. aims to accelerate digital revenue growth, expand AI-driven content capabilities, and further reduce costs to improve profitability. Trends such as AI adoption, digital subscription growth, and local news demand will shape its trajectory. The company’s rebranding signals a renewed focus on community engagement and national brand strength. Its evolving influence will likely center on balancing sustainable journalism with innovative digital marketing, maintaining relevance in a rapidly changing media landscape[1][2][3].
