The split was structured so that Tegna is the legal successor of the old Gannett, while the new Gannett is a spin-off.
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16 Facts About Gannett
2.
In November 2019, GateHouse Media merged with Gannett, creating the largest newspaper publisher in the United States, which adopted the Gannett name.
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3.
Gannett, who was known as a conservative, gained fame and fortune by purchasing small independent newspapers and developing them into a large chain, a 20th-century trend that helped the newspaper industry remain financially viable.
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4.
In 2010, Gannett increased executive salaries and bonuses; for example, Bob Dickey, Gannett's U S newspapers division president, was paid $3.
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5.
In February 2012, Gannett announced that it would implement a paywall system across all of its daily newspaper websites, with non-subscriber access limited to between five and fifteen articles per month, varying by newspaper.
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6.
Around the first week of October 2012, Gannett entered a dispute against Dish Network regarding compensation fees and Dish's AutoHop commercial-skip feature on its Hopper digital video recorders.
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7.
Gannett ordered that Dish discontinue AutoHop on the account that it is affecting advertising revenues for Gannett's television station.
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8.
The split was structured so that the old Gannett changed its name to Tegna, and then spun off its publishing interests as a "new" Gannett Company.
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10.
Gannett announced it would not be delaying print deadlines for the 2018 midterm elections in the United States, meaning that next-day newspapers would no longer contain the election's results, instead directing readers to the Internet.
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11.
Gannett subsequently accused the company of engaging in a proxy fight.
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12.
In late 2018 as Gannett was seeking partners for a merger, fending off a hostile takeover and its stock fell, this former paperboy emailed investigative reporters and Gannett management asking them to investigate his claims.
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13.
In March 2020, Gannett announced that due to COVID-19, it will be forced to make a series of cuts and furloughs.
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14.
At the time of this announcement, Gannett said that they would not be filling 400 open positions.
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15.
Gannett has an eight-member board of directors and 11 senior executives.
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16.
Gannett was succeeded by Gracia Martore, Gannett's Chief operating officer, a 26-year company veteran.
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