Word: gannett
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Dates: during 1980-1989
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...When Gannett Co. launched USA Today in September 1982, many rival publishers belittled the new daily as a misconceived ego trip by hard-driving Chairman Allen Neuharth. Gannett is the biggest U.S. newspaper chain, with 85 dailies, but its papers are mostly in smaller markets, and the combined circulation of 3.5 million before USA Today had translated into scant national influence. By launching a coast-to-coast daily, Gannett would gain visibility and clout, even if the undertaking would require steep start-up costs, arduous technical demands in printing at dozens of locations, and a hard sell to persuade advertisers...
...high-technology typesetting company and a pending hotel-and-office complex (started as a joint venture with Zuckerman) on U.S. News's 3.5-acre headquarters site in Washington. The directors, all employees themselves, felt obliged to seek bids and heard from more than 40 companies, including Hearst, Gannett and other media giants. Despite the magazine's modest and uneven record of profits and a 13.4% decline in advertising pages in the first quarter, Zuckerman offered $3,000 per share, more than seven times the price at which the company valued its stock a year...
Chains continued to buy up U.S. dailies, large and small, during the past ten years, but despite fears of bland homogenization, the average local paper generally grew better. The biggest group, Gannett (85 dailies), has shifted emphasis from moneymaking boosterism to enterprising reporting. Old-fashioned women's pages have given way almost everywhere to trend-conscious life-style reporting. There has also been a sharp upswing in the quality of stories about the arts and popular culture, especially television. In addition to their own. resources, moreover, daily editors now have a broader range of syndicated news and features...
...Gannett Center, which will be headed by Everette E. Dennis, currently dean of the School of Journalism at the University of Oregon, will open in the fall of 1984 and will be fully operational by the fall...
...Students in the Journalism School can take part in some of the meetings and seminars at the Gannett Center, and the scholars who come to the center and the faculty of the Journalism School will interact," he said...