16 March - 24 April 2020

Our online festival is underway with a packed programme of interviews and panels. Featuring talks from the industry’s biggest brands and most innovative individuals, this event explores what digital transformation really means for marketing.

Coming Up
9 Apr 10:00 BST / 05:00 EST

Time to ditch the pitch?

Chris Sutcliffe
Editor at The Drum Network
Julie Cohen
Chief Executive Officer at Across The Pond
Bridey Lipscombe
Managing Director and Co-founder at Cult LDN

GateHouse Media closes in on Gannett to form US newspaper colossus

GateHouse Media closes in on Gannett to form US newspaper colossus

Gatehouse Media, the largest publisher of daily newspapers across the US, is reportedly in process of making a final push to acquire America’s largest newspaper chain by circulation, Gannett, in a deal which would see the creation of a print colossus.

According to the New York Post negotiations are continuing between the two with the likelihood of such a deal happening put at around 75% and no agreement is thought to be ‘imminent’.

If it does come to pass it would send shockwaves through the US publishing industry with Gatehouse adding its staple of 700 titles to those of its larger rival, helping it to capitalise on economies of scale.

Before such a publishing powerhouse can form however negotiators will have to thrash out potentially deal-breaking issues such as Gannett’s onerous pension liabilities which could still prevent the pair from coming together.

Gannett’s potential sale has been heralded as a harbinger for a similar wave of consolidation in the UK with Trinity Mirror stating that any such move would fire the ‘starting pistol’ for mirrored moves on the other side of the Atlantic.

Join us, it's free.

Become a member to get access to:

  • Exclusive Content
  • Daily and specialised newsletters
  • Research and analysis

Join us, it’s free.

Want to read this article and others just like it? All you need to do is become a member of The Drum. Basic membership is quick, free and you will be able to receive daily news updates.