An independent journal about the Gannett Co. and the news industry's digital transition
Go Gannett shares. Go. go. go.
Maybe instead of Gracia's latest bullshit memo she can we some of the $407 milliion from the sale of the Phoenix and St. Louis TV stations and provide some decent raises or bonuses to the company's employees (besides the Senior Leadership Team).
Gannett has also become a real estate magnate because of the wrong reason. As its empire crumbles and more and more people are canned, it sells its buildings and moves its sites into smaller ones.Ya gotta love Martore's pet phrase, "Communities we serve." Yeah. Sure. Right. It should read, "Communities we serve with fewer people."The only people being served are the fat cats like Martore. We work our fingers to the bone so that she and her cohorts can rape the workers of their paychecks and run off with big, fat bonuses!!!!!!!!!
What's also bothersome about the Butterfly Project is that Gannett is going to load up its papers with USA Today stories!!! Geez, aren't USA Today's numbers down of late? What makes Gannett think people want USA stories in their local newspapers? Again, why not concentrate on developing ways to put local news into Gannett newspapers?
Because you can't put local news in the paper if you layoff everyone. It's more cost effective for them to fluff the papers with USA today insert pages. Circulation has been steadily going down over the last 10 years and your right, nobody wants national news that they can get on the internet or a cable news channel. Gannett has said they want to focus on local news but time and time again their decisions certainly don't reflect that. I would not expect the newspapers to be with the company much longer. As Wall Street goes they will be a separate company and not have the Gannett name and have to fend for themselves.
6:21 p.m.: Sad to say, but your first sentence is right on. Looks like Gannett is doing all it can to drive its newspapers into the ground and make them more attractive for a buyer (Warren Buffett!!!???) This initiative is sure to join such others as Passion Topics and Real News Real Life in the Gannett Graveyard of Failed Initiatives!!!!!
Cincy changed the format of there paper I think last year and spent all that money on new equipment and presses. Circulation numbers are disturbing. My manager wants us to focus the numbers on readership.....pull the wool over our clients eyes with bullshit made up numbers. So funny!!
Please GOD let somebody buy the all the newspapers from Gannett!!! Warren Buffet, please come to Greenville, S.C. and buy the Greenville News. Save us from these blood sucking heartless bastards called Gannett.
There has never been a better time than NOW to close down USA Today. Complete the transition and let's be rid of this black hole of debt. Now is your chance to show some leadership, Martore.
What you talkin bout. Were No 1 in circulation again. We have the best and brightest putting out quality journalism an ad campaign that highlights our major stars. Big plans, big ideas and big deals.
So circulation is up? They have let go all the best and brightest brightest here and replace them with interns.
You're both wrong. USA Today must survive in order to give Gannett the clout it needs on Wall Street. But to say USAT has the best and brightest journalists is almost laughable if it weren't so sad. The flagship did have some good journalists over the years -- never the best but more than competent -- but most of them are gone. If you've read the paper over the last 15 years or so, you will be able to detect the decline in quality editing, design, in the last five years. Whether or not USAT makes money is not an indication of quality journalism. The news judgment alone in this paper (and website) is parochial and seems to be pandering to the dumbest of the dumb. But the brand still has value -- mostly built on the backs of folks long gone. Sure the new crew is taking full credit for any recent successes. It takes awhile to destroy a brand.
Leadership? Martore? You so funny!
Not sure how close anyone else monitors their pension account, but I check mine every month or so and until this week the figures have been consistent since the freeze...However, it's taken a $3K drop in the past two weeks...Anyone have a clue as to why that would happen now??
How do you monitor your pension account value?
cash out that pension. it's frozen ! it won't grow. cash it out and invest it so it will grow !
Do you understand the difference between a pension and a 401k?Pensions (frozen since 2008) have an estimated payout value. You cannot choose to cash it out unless you separate from the company.
Gracia, you should give EVERY employee 100 shares of stock and thank them for their service after the shitty way corporate has treated them. That would be the right and honorable thing to do that's how you make your mark in the business world.
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Former Gannett editor named national editor of the year. http://nationalpress.org/blogs/newsbag/31st-annual-award-dinner-awards-announced/
As I follow Santa via Google making his way around the world, merry Christmas to all my former Gannett co-workers.
Merry Christmas to you too!Peace and Joy, No more GANNETT
Jim says: "Proceed with caution; this is a free-for-all comment zone. I try to correct or clarify incorrect information. But I can't catch everything. Please keep your posts focused on Gannett and media-related subjects. Note that I occasionally review comments in advance, to reject inappropriate ones. And I ignore hostile posters, and recommend you do, too."
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