Tuesday, October 16, 2012

Gannett Reports Q3 Revenue Growth

For the first time in years, Gannett Co. reported revenue growth in the third quarter, when total revenues reached $1.3 billion, up 3.1% from $1.27 billion in the same period of 2011.
The increase was due mostly to strong growth at its broadcast segment, where revenues increased 36% from $174 million last year to $237 million this year, due mostly to political and Olympics advertising.