Gannett Co., Inc., PR Newswire :: President and Chief Executive Officer Gracia Martore and members of the company's senior management team reported on Gannett's progress in executing the company's strategic growth plan at its annual presentation to the Media and Entertainment Analysts of New York recently.
"Gannett has an excellent plan in place to take full advantage of the changes sweeping the industry, and the steps we have taken so far are already being rewarded," Martore said. "Our plans to revitalize community publishing and more deeply engage with consumers are well underway across the more than 100 communities where Gannett has been a trusted source of news and information for decades."
"In addition, our new all-access subscription model has been rolled out in 38(1) markets and is progressing as anticipated. New ventures like Digital Marketing Services and the USA TODAY Sports Media Group that leverage and extend our brands and assets are gaining traction and delivering results. We are confident in our strategy and our ability to achieve sustainable revenue growth while maintaining a strong balance sheet and generating increasing shareholder value."
Note (1): As Jeff Sonderman, Poynter, points out that it was 38 as of the presentation but has since climbed to 49 community newspaper markets
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Discussed here as well, continue - Jeff Sonderman, poynter.org