Gannett – “Gannett provides challenging professional opportunities that come with excellent salary and benefits”
Pros
Great products, smart management, very professional. A large company that has the financial resources to allow for a great environment.
Challenging projects that lead to very satisfying careers. A very stable company that has varied divisions in the media world. It's a company that has been rock solid for years. Gannett is a leading international news and information company. In the United States, publishing 85 daily newspapers, including USA TODAY, and nearly 900 non-daily publications. Along with each of its daily newspapers, the company operates Internet sites offering news and advertising that is customized for the market served and integrated with its publishing operations. USA TODAY.com is one of the most popular news sites on the Web. The company is the largest newspaper publisher in the U.S
Cons
Large company syndrome; i.e., bureaucracy.
The biggest issues are twofold: a serious economic downturn is affecting advertising in general leading to a a severe loss of ad revenue combined with the problems in the newspaper industry. These are seriously negative issues; Gannett relies on ad revenue and with readers transitioning from print to digital, there will be a significant trauma within the company until that transition is complete, which may take years. The core issue is that digital ad revenue simply does not come close to the ad revenue that was once generated by print advertisers in newspapers. Gannett's future is at stake.
Advice to Senior Management
Grow its online audience