tag:blogger.com,1999:blog-8099437767970534324.post1905238809698258644..comments2023-11-05T06:26:51.316-05:00Comments on Gannett Blog: Urgent: FCC OK's Belo; closing set early next weekJim Hopkinshttp://www.blogger.com/profile/16712746705871119746noreply@blogger.comBlogger15125tag:blogger.com,1999:blog-8099437767970534324.post-49371237142881935222013-12-22T17:29:45.352-05:002013-12-22T17:29:45.352-05:00Gannett continues to buy back shares, which makes ...Gannett continues to buy back shares, which makes earnings per share more robust. How are they able to buy back shares and fund deals like Belo? The cash flow generated largely by the legacy newspapers. (the Belo deal is financed largely by fresh loans, but Gannett's cash flow pays down that debt). Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8099437767970534324.post-9049587497173425772013-12-21T22:33:09.882-05:002013-12-21T22:33:09.882-05:00You are 100% right.You are 100% right.Jim Hopkinshttps://www.blogger.com/profile/16712746705871119746noreply@blogger.comtag:blogger.com,1999:blog-8099437767970534324.post-16374684131730841472013-12-21T21:33:58.912-05:002013-12-21T21:33:58.912-05:00Jim, the poster is correct -- Gannett is building ...Jim, the poster is correct -- Gannett is building a unified digital publishing platform shared by all its divisions. The websites and mobile apps for TV, USAT and USCP are all on the same platform, same CMS. That will offer very powerful across-the-company revenue opportunities.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8099437767970534324.post-52746443586340792072013-12-21T14:24:04.545-05:002013-12-21T14:24:04.545-05:00This comment has been removed by a blog administrator.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8099437767970534324.post-37251175340383125442013-12-21T12:45:23.225-05:002013-12-21T12:45:23.225-05:001. The difference between print and broadcast gets...1. The difference between print and broadcast gets reduced when print's legacy costs -- labor -- are reduced to a point where they reach parity.<br /><br />Until then, the newspaper division will continue to be a drag on earnings, which depresses the stock price.<br /><br />2. Analysts, representing big institutional investors who own 98% of Gannett's stock, have already started telling Jim Hopkinshttps://www.blogger.com/profile/16712746705871119746noreply@blogger.comtag:blogger.com,1999:blog-8099437767970534324.post-81744130490346560372013-12-21T11:23:26.750-05:002013-12-21T11:23:26.750-05:00You are all entirely missing the point, although I...You are all entirely missing the point, although I'm not surprised that the dinosaurs on this blog would think like this. The difference between print and broadcast is reduced every year. What's left is a unified digital play that gives a huge storehouse of content and an impressive reach network for digital buys. Anyone who thinks that the company is better if they split apart all of Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8099437767970534324.post-80829579945622121072013-12-21T08:36:03.848-05:002013-12-21T08:36:03.848-05:00A tax-free spinoff of the newspaper biz likely wil...A tax-free spinoff of the newspaper biz likely will occur in 2014. It looks like you print folks will get your wish to be free of current Gannett management, though I don't see print succeeding on its own. Maybe Kushner will buy the print biz once it is on it's own and below the share price slides. He's doing a fine job in LA, slicing his newspaper staff. But that won't happen Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8099437767970534324.post-37240146002608686732013-12-21T01:41:33.564-05:002013-12-21T01:41:33.564-05:00Or the Misspelling the Name of the Company Blog.Or the Misspelling the Name of the Company Blog.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8099437767970534324.post-37897975901450049192013-12-21T01:04:46.502-05:002013-12-21T01:04:46.502-05:00So we will have Belo results in the Gannett earnin...So we will have Belo results in the Gannett earnings in 2014. Should be a decent ad year. 2015? If the market can focus on 2016 election and Olympics ad revenue, we could be okay. Not hard to see Gannett stock in the $40 range by then. Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8099437767970534324.post-15527764323096192012013-12-20T22:25:23.963-05:002013-12-20T22:25:23.963-05:00The spin math/ facts are real easy. If they spin ...The spin math/ facts are real easy. If they spin broadcast out, and classified ventures/career builder, that leaves print on its own. <br />Nothing else to say there. Let's pray they don't, even though that's likely the most attractive investor proposition. Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8099437767970534324.post-52223132640531422432013-12-20T22:05:38.892-05:002013-12-20T22:05:38.892-05:00Jim, I think what you're acknowledging is this...Jim, I think what you're acknowledging is this is a blog for newspaper employees. Nothing wrong with that, but Gannett is no longer mostly a newspaper company. Perhaps this should be the Gannet Newspaper Blog. Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8099437767970534324.post-1231636515050759062013-12-20T21:22:27.962-05:002013-12-20T21:22:27.962-05:00If it would be a good thing from a shareholder sta...If it would be a good thing from a shareholder standpoint. Unfortunately, they would have some company fuckup heading the publishing division, so if this does come to be close to Martore's retirement, you better be young, dumb and cost effective to stay employed.<br /><br />Until then, I hold on to my Gannett shares, keep my mouth shut and do my job.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8099437767970534324.post-78088678457431441372013-12-20T19:35:58.955-05:002013-12-20T19:35:58.955-05:00It has more to do with the fact that newspaper emp...It has more to do with the fact that newspaper employees account for the vast majority of Gannett's workforce, and do not see this deal as affecting them. (The lack of comments is also because it's a Friday in the middle of a holiday month.)<br /><br />But it's also because I haven't done enough to emphasize the impact this deal will have on the newspaper division: It will push Jim Hopkinshttps://www.blogger.com/profile/16712746705871119746noreply@blogger.comtag:blogger.com,1999:blog-8099437767970534324.post-20309223190346802242013-12-20T19:01:58.431-05:002013-12-20T19:01:58.431-05:00I think this deal and the lack of discussion about...I think this deal and the lack of discussion about it here sort of speaks to the growing irrelevance of this blog. As Jim says, it dramatically reshapes the company, and has driven the stock price up immensely. Yet there are very few comments. Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8099437767970534324.post-66463705654645222882013-12-20T15:32:45.649-05:002013-12-20T15:32:45.649-05:00Mazel tov!Mazel tov!Anonymousnoreply@blogger.com