Gannett Presents at the 23rd Annual Needham Growth Conference
January 14 2021 - 4:15PM
Business Wire
Gannett Co., Inc. (“Gannett”, “we”, “us”, “our”, or the
“Company”) (NYSE: GCI) today announced that its Chairman and Chief
Executive Officer, Michael Reed, presented at the 23rd Annual
Needham Growth Conference in a fireside chat with Needham &
Company Principal and TMT analyst Ryan Vaughan.
The archived video webcast of the presentation is accessible
through the Investor Relations section of our website under the
News and Events – Event Calendar section.
“As we move into 2021, we are excited to continue to share more
about our growth strategy and where we are headed as a Company,”
said Mr. Reed. “With the significant progress we’ve made since the
merger to reduce our outstanding term loan, effectively capture
significant synergies, and integrate our legacy companies, we
expect to squarely focus on our forward business opportunity. We
see a clear path to becoming a subscription-led business and
believe it will be led by aggressively growing our digital-only
subscriptions to 10 million in the next five years and becoming a
leader in digital marketing services for small and medium sized
businesses.”
About Gannett
Gannett Co., Inc. (NYSE: GCI) is an innovative, digitally
focused media and marketing solutions company committed to the
communities in our network and helping them build relationships
with their local businesses. With an unmatched reach at the
national and local level, Gannett touches the lives of millions
with our Pulitzer-Prize winning content, consumer experiences and
benefits, and advertiser products and services. Its portfolio
includes the USA TODAY, local media organizations in 46 states in
the U.S. and Guam, and Newsquest, a wholly owned subsidiary with
over 140 local media brands operating in the United Kingdom.
Gannett also owns the digital marketing services companies
ReachLocal, Inc., UpCurve, Inc., and WordStream, Inc. and runs the
largest media-owned events business in the U.S., USA TODAY NETWORK
Ventures, formerly GateHouse Live. To connect with us, visit
www.gannett.com.
Cautionary Statement Regarding
Forward-Looking Statements
Certain items in this press release may constitute
forward-looking statements within the meaning of the Private
Securities Litigation Reform Act of 1995, including, but not
limited to, statements regarding our growth strategy, the execution
of our operational and integration plans, business opportunities,
debt repayment, debt refinancing, our ability to influence and
capitalize on trends, and the ability to increase shareholder
value. These statements are based on management’s current
expectations and beliefs and are subject to a number of risks and
uncertainties. These and other risks and uncertainties could cause
actual results to differ materially from those described in the
forward-looking statements, many of which are beyond our control.
The Company can give no assurance its expectations will be
attained. Accordingly, you should not place undue reliance on any
forward-looking statements contained in this press release. For a
discussion of some of the risks and important factors that could
cause actual results to differ from such forward-looking
statements, see the risks and other factors detailed from time to
time in the Company’s Annual Report on Form 10-K, Quarterly Reports
on Form 10-Q, and other filings with the Securities and Exchange
Commission. Furthermore, new risks and uncertainties emerge from
time to time, and it is not possible for the Company to predict or
assess the impact of every factor that may cause its actual results
to differ from those contained in any forward-looking statements.
Such forward-looking statements speak only as of the date of this
press release. The Company expressly disclaims any obligation to
release publicly any updates or revisions to any forward-looking
statements contained herein to reflect any change in the Company’s
expectations with regard thereto or change in events, conditions or
circumstances on which any statement is based, except as required
by law.
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version on businesswire.com: https://www.businesswire.com/news/home/20210114005956/en/
For investor inquiries, contact: Ashley Higgins Investor
Relations 212-479-3160 investors@gannett.com
For media inquiries, contact: Stephanie Tackach Director,
Public Relations 212-715-5490 stackach@gannett.com
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