NEW YORK, NY--(BUSINESS WIRE)--Gannett Co., Inc. ("Gannett†, "we†, "us†, "our†or "the Company†) (NYSE: GCI), one of the nation's largest news publishers, today announced it will be changing its name to USA TODAY Co., Inc., effective November 18, adopting the name of its most recognized masthead, USA TODAY. The new corporate identity and name change leverages the power of the newspaper that brought America together by promoting understanding and fostering unity with a focus on being the trusted. ...

Core Points - More than 80 Spanish media organizations have filed a lawsuit against Meta for allegedly breaching EU data protection rules, with a trial set to begin in a Spanish court [3][4] - The lawsuit seeks 551 million euros (approximately $647 million) in compensation for unfair competition in digital advertising sales, claiming that Meta systematically violated the law from May 2018 to July 2023 [4][5] - The media association AMI argues that Meta's actions have undermined the viability of media organizations and the public's right to information [5][6] Group 1 - The Spanish media association AMI claims that Meta has created "unfair competition" by ignoring European regulations, which require user consent for personalized advertising [4][5] - Witnesses are scheduled to testify in Madrid, with expert reports and closing arguments expected shortly after [5] - AMI represents major media groups, including Prisa, Godo, Vocento, and Unidad Editorial, which publish some of Spain's leading newspapers [7] Group 2 - A separate lawsuit has been initiated by Spanish radio and television stations against Meta, seeking 160 million euros in damages for similar reasons [7] - A comparable legal action has also been launched in France, where around 200 media groups have filed against Meta [8]

NEW YORK, Sept. 15, 2025 (GLOBE NEWSWIRE) -- Gannett Co., Inc. (NYSE: GCI) today announced DeeperDive, an industry-first Gen AI answer engine created by Taboola (NASDAQ: TBLA) is now fully implemented on USA TODAY for an audience of over 195 million monthly unique visitors. After completing a successful beta, DeeperDive delivers the power of GenAI conversations directly on USA TODAY’s platform for all users, tapping into years of proprietary, real-time, high-quality content created by journalists and editor ...

Core Insights - The company has a strong brand and is in the process of pivoting towards digital strategies, indicating a significant shift in its operational focus [1] Group 1: Strategic Evolution - The company had a strategic plan that was initially outlined a few years ago, which has since evolved based on learnings and market conditions [1] - The discussion highlights the importance of understanding the company's historical context and the foundational strategies that have shaped its current direction [1] - The role of key personnel, such as the CFO, is emphasized in the development and execution of the company's strategic vision [1]

Core Insights - The New York Times Company reported significant growth in digital ad sales and subscriptions, leading to a notable increase in revenue and net income for the latest quarter [1][3] - The stock price of NYT rose over 11% week to date, reflecting positive market sentiment following the earnings report [2] Financial Performance - NYT's second-quarter revenue grew nearly 10% year over year, reaching approximately $686 million [3] - GAAP net income increased by 27% to just under $83 million, while non-GAAP adjusted earnings per share rose from $0.45 to $0.58 [3][5] - Analysts had expected revenue of over $670 million and adjusted net income of $0.52 per share, indicating that the company exceeded these expectations [5] Future Outlook - Management anticipates a 13% to 16% year-over-year increase in digital subscriptions for the third quarter, with digital ad revenue expected to rise at low-double-digit rates [5] - Following the positive earnings report and guidance, several analysts raised their price targets for NYT shares, with new assessments of $56 and $62 per share from Guggenheim and Huber Research respectively [6]

Financial Data and Key Metrics Changes - The third quarter total operating revenue was $141 million, showing a year-over-year trend consistent with the second quarter results [14] - Digital revenue reached $305 million on a trailing twelve-month basis, with a goal of achieving $450 million by 2028 [10][19] - Cash costs decreased by 7% compared to the same quarter last year, with expectations of finishing the fiscal year with cash costs between $522 million and $532 million, representing a 3% to 5% decline over the prior year [16] Business Line Data and Key Metrics Changes - Digital subscription revenue grew 16% year-over-year on a same-store basis, driven by a 28% increase in ARPU [8][15] - Amplify Digital agency revenue grew 10% on a same-store basis over the prior year, indicating a return to double-digit growth [11][15] - Total digital revenue in the third quarter was $78 million, representing a 4% increase on a same-store basis [15] Market Data and Key Metrics Changes - Local advertising revenue trends improved significantly, with a year-over-year trend favorable by seven points [7] - Digital revenue now constitutes 55% of overall revenue, highlighting the strength of the digital business [11] Company Strategy and Development Direction - The company is focused on a three-pillar digital growth strategy aimed at achieving $450 million in digital revenue by 2028 [9][10] - The launch of AI-powered products is expected to drive lead capture, customer engagement, and business automation, enhancing the product catalog [8][14] - The company aims to replace print revenue with growing and profitable digital revenue to achieve long-term sustainability [13] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in reaching long-term unit targets despite recent challenges, including the cyber event [9] - The company anticipates continued growth in digital subscriptions and new AI revenue streams to drive momentum [21] - Management emphasized the importance of enhancing operational rigor without compromising quality to strengthen long-term positioning [16] Other Important Information - The company executed approximately $40 million in annualized cost reductions aimed at lowering costs across non-core print operations [16] - The credit agreement with Berkshire Hathaway includes favorable terms, allowing the company to focus on executing its strategy [17] Q&A Session Summary Question: How is Lee addressing the shift in how readers consume news? - Management highlighted the competitive advantage of their asset portfolio and the focus on enhancing digital user experience and expanding local content to address changes in consumer behavior [24][25]

Core Viewpoint - The establishment of the "Media+ Southern Rural Operation Empowerment Center" marks a significant step in enhancing rural development in Guangdong, focusing on resource integration and sustainable growth [2][11][30]. Group 1: Center Establishment and Objectives - The "Media+ Southern Rural Operation Empowerment Center" was inaugurated in Guangzhou on August 1, becoming the first provincial-level comprehensive service platform for rural operations in China [2][3]. - The center aims to provide a "one-stop" solution for rural operations through six core functions: resource connection, industry services, brand incubation, communication and traffic generation, talent cultivation, and digital empowerment [4][26]. - The initiative is aligned with Guangdong's goal of becoming an agricultural powerhouse and supports the "Hundred-Thousand-Ten Thousand Project" for high-quality development in agriculture, culture, and tourism [5][6][8]. Group 2: Key Features and Support Platforms - The center will focus on four major support platforms: the Guangdong Rural Operation Alliance, the Guangdong Rural Resource Platform, the Rural Operation Talent Growth Camp, and the Qingyun Plan Innovation Center [21][22][23]. - These platforms aim to link government, enterprises, and social forces, integrate quality resources, cultivate professional rural operators, and support youth entrepreneurship [21][22][23]. - The center's comprehensive approach is designed to address challenges in rural operations, such as resource dispersion, talent shortages, and weak branding [12][14][26]. Group 3: Strategic Importance and Future Goals - The establishment of the center is part of a broader transformation within the Southern Media Group, aiming to shift the media's role from merely documenting rural issues to actively participating in rural development [16][18]. - The center will leverage the media group's influence and resources to foster market-competitive rural IPs and products, ultimately transforming local resources into market value [30][31]. - The initiative is expected to create a model for comprehensive rural revitalization and serve as a new engine for high-quality county-level development [9][11].

Group 1 - The ASEAN Liaison Center was inaugurated in Kuala Lumpur, Malaysia, on August 1, aiming to establish a cooperative bridge for international communication, economic trade, cultural exchange, and think tank collaboration between Hainan and ASEAN [2][3] - The "Land-Sea New Corridor ASEAN Economic Station" was also unveiled, which will provide practical services for ASEAN enterprises to connect with Hainan's free trade port policies and expand cooperation [2] - The fifth season of "Here is Hainan: Seeking Secrets" was globally launched, showcasing Hainan's rainforest ecology and cultural charm to international audiences [2] Group 2 - A joint initiative called the "International Land-Sea Trade New Corridor Regional Cultural Cooperation (Kuala Lumpur) Initiative" was launched by ten organizations from China and Malaysia, aiming to build cultural ties and stimulate economic collaboration [3][4] - Agreements were signed for co-production of the film "Wind from the Sea" and strategic cooperation with Malaysian media outlets to enhance content creation and international communication networks [3] - A talent training agreement was established to create a "Hainan Free Trade Port Talent Practice Base," focusing on cultivating international media talents to meet the needs of cooperation between the free trade port and ASEAN [4]

Core Insights - DallasNews Corporation reported a net loss of $33.5 million, or $(6.26) per share, for Q2 2025, compared to a net income of $1.5 million, or $0.27 per share, in Q2 2024 [2][4] - The company experienced a total revenue decline of $2.3 million, or 7.2%, year-over-year, with total revenue at $29.8 million for Q2 2025 [4][6] - A merger agreement with Hearst Media West, LLC was announced, offering DallasNews shareholders $15.00 in cash per share, representing a 242% premium based on the stock price prior to the announcement [10][12] Financial Performance - The operating income for Q2 2025 was reported at $1.3 million, an increase from $0.6 million in Q2 2024 [2][3] - Adjusted operating income for Q2 2025 was $1.6 million, a 36.7% increase from $1.2 million in Q2 2024, primarily due to expense savings [3][8] - Total consolidated operating expenses decreased by $3.0 million, or 9.5%, to $28.5 million in Q2 2025 [7][8] Revenue Breakdown - Advertising and marketing services revenue was $12.3 million, down $0.5 million, or 3.8%, from $12.8 million in Q2 2024 [5][21] - Circulation revenue decreased by $0.9 million, or 5.7%, to $15.3 million, primarily due to a decline in print circulation [6][25] - Printing, distribution, and other revenue fell by $0.9 million, or 28.9%, to $2.2 million, attributed to the cancellation of a mailed advertisements partnership [6][21] Employee and Cash Position - As of June 30, 2025, the company had 451 employees, a decrease of 82, or 15.4%, from the previous year [9] - Cash and cash equivalents stood at $33.7 million, with no debt reported [9][23] Merger Details - The merger with Hearst is subject to customary closing conditions, including a shareholder vote, and is expected to close in Q3 or early Q4 2025 [10][12] - If completed, DallasNews' Series A Common Stock will be delisted from Nasdaq [12]