Gannett’s Big Paywall Play: Will It Work?

(McLEAN, Va.) — Gannett said it reached a deal to buy TV station owner Belo for about $1.5 billion in cash, significantly boosting its presence in broadcasting. Under the agreement announced Thursday, Gannett will pay $13.75 per share for the TV station operator, which is based in Dallas. That represents a 28 percent premium over Belo’s closing price on Wednesday. Gannett, the largest U.S. newspaper publisher by circulation, also will assume $715 million in debt. Gannett owns USA Today and other newspapers as well as television stations.

By Nick Pollari:Gannett (GCI) has recently been unjustly punished in the market. GCI is an international media and marketing solutions company with a robust business. The company operates in three segments: publishing, digital and broadcasting. Gannett publishes 82 daily U.S. newspapers, including USA TODAY, the daily print newspaper, and about 600 magazines, including USA WEEKEND.

Ken Doctor submits: Gannett’s (GCI) second quarter announcements: A whimper and a bang. The whimper comes from its tepid revenue data. The bang from its coincident statement that it is joining its newspaper colleagues in the Yahoo (

By Zacks.com: The current economic turmoil is taking its toll on publishing companies, and Gannett Company, Inc. (GCI) is no exception. However, the companies are contemplating on finding new revenue generating avenues. Advertising - An Inherent Risk Advertising, which remains a significant source of revenue for the company, in turn depends upon the global financial health.

Gannett Company Inc. (GCI), the publisher of the nation’s biggest-selling daily newspaper, USA Today, is scheduled to release its second-quarter 2010 results on Friday, July 16.

I realize that tennis is a niche sport that almost no one cares about except me. And I realize that Novak Djokovic and Rafael Nadal are foreigners and the French Open is in France, so even fewer Americans care about these two playing playing each other in Paris. But we oddballs who like tennis have been looking forward to tomorrow for more than two weeks. Why?