Gannett Co., Inc. (GCI)

In the past six months (April 2025 - October 2025), Gannett Co., Inc. (GCI) stock has experienced several notable events, including a significant decline of 31.99% between October 21, 2024, and October 20, 2025. Key events impacting the stock include Q1 2025 earnings with a significant debt reduction and reaffirmed full-year outlook, Q2 2025 earnings with sequential improvement across key financial metrics and a cost reduction program, strategic AI initiatives including partnerships with Perplexity and Taboola, and a partnership with XPR Media for press release distribution.

Gannett's revenue streams, particularly from advertising and subscriptions, can exhibit seasonality. Advertising revenue can be influenced by economic cycles and holiday seasons, with increased spending typically seen in the fourth quarter. Subscription demand may be more stable but can also see spikes around major news cycles or promotional periods. Gannett's strategy to diversify its income and adjust its subscription strategy aims to mitigate reliance on any single revenue source and potentially smooth out seasonal variations.

Gannett Co., Inc. operates as a diversified media and digital marketing solutions company primarily within the United States and the United Kingdom. The company's core business revolves around inspiring, informing, and connecting audiences through a digital-first strategy that emphasizes audience growth, engagement, and diversified revenue streams. Gannett's sector is Communication Services, and its industry is Publishing. Its major products and services include print offerings, digital-only subscriptions, digital advertising and marketing services, digital news and media brands, commercial printing and distribution, and an events business.

Gannett Co., Inc. primarily operates in the United States through its extensive USA TODAY NETWORK, which includes the national USA TODAY publication and numerous local media organizations across 43 states. The company also has a significant international presence in the United Kingdom through its wholly-owned subsidiary, Newsquest plc, which manages over 300 titles, including 17 daily newspapers.

In the past year, Gannett has focused on its digital transformation and subscription-led growth, aiming to deliver high-quality, trusted content and expand its audience. A positive highlight is receiving a perfect score on the Human Rights Campaign Foundation's 2025 Corporate Equality Index for the seventh consecutive year. While the company faces ongoing industry challenges, no major negative brand reputation events or controversies within the past year were prominently reported, although a defamation lawsuit verdict against Gannett occurred in February 2024.

Gannett Co., Inc. is primarily owned by institutional shareholders, who hold 84.58% of the company's stock, while Gannett insiders own 6.82%, and retail investors hold 8.59%. Major institutional owners include Apollo Management Holdings LP, Two Seas Capital LP, Alta Fundamental Advisers LLC, Blackrock Inc, Vanguard Group Inc, D. E. Shaw & Co., Inc., Philosophy Capital Management LLC, Cooperman Leon G, Dimensional Fund Advisors LP, and Nomura Holdings Inc. The largest individual shareholder is Michael I. Reed, who is also the CEO.