| Business Summary | | Gannett
Co.,
Inc.
is
a
diversified
news
and
information
company
that
publishes
newspapers,
operates
broadcasting
stations
and
is
engaged
in
marketing,
commercial
printing,
a
newswire
service,
data
services
and
news
programming.
Gannett
is
an
international
company
with
headquarters
in
Arlington,
Virginia,
and
operations
in
43
states,
the
District
of
Columbia,
Guam,
the
United
Kingdom,
Belgium,
Germany,
Italy
and
Hong
Kong.
Gannett
is
the
United
States'
largest
newspaper
group
in
terms
of
circulation.
The
Company's
99
U.S.
daily
newspapers
have
a
combined
daily
paid
circulation
of
7.8
million.
They
include
USA
TODAY,
the
nation's
largest-selling
daily
newspaper,
with
a
circulation
of
approximately
2.3
million.
In
addition,
Gannett
owns
a
variety
of
non-daily
publications,
and
USA
WEEKEND,
a
weekly
newspaper
magazine. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | GCI
publishes
newspapers,
operates
broadcasting
stations
and
is
engaged
in
marketing,
commercial
printing,
a
newswire
service
and
data
services.
For
the
26
weeks
ended
7/1/01,
revenues
rose
16%
to
$3.2
billion.
Net
income
from
continuing
operations
fell
13%
to
$408
million.
Revenues
reflect
higher
newspaper
advertising
and
circulation
revenues
due
to
acquisitions.
Earnings
were
offset
by
increased
interest
expense
due
to
higher
average
debt
levels. | More
from
Market Guide: Significant
Developments |
| | | | FY2000
Compensation | | Pay | Exer | |
| Douglas McCorkindale, 61 Chairman,
Pres, CEO | $3.1M | $4.3M | Larry Miller, 61 CFO,
Exec. VP | 1.0M | -- | Thomas Chapple, 52 Sr.
VP, Gen. Counsel, and Sec. | -- | -- | Richard Clapp, 59 Sr.
VP of HR | -- | -- | Thomas Curley, 51 Sr.
VP of Admin. | -- | -- | Dollar
amounts are as of 31-Dec-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.; "Exer" is the value of options excercised during the fiscal year. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|