Word: gannett
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Sitting behind a gleaming, curved desk in his New York City office, Allen Neuharth picks up the day's issue of USA Today, the terse, rainbow-colored newspaper that he created and nurtures. "We stole most of this from somebody else," says Neuharth, chairman of the Gannett Co., parent firm of USA Today. "Most of the content ideas, the packaging, color and graphics are the result of what television and the newsmagazines have been doing for a long time." Leaning back in his chair, Neuharth, 61, turns to the paper's full-page weather map. "This is a direct, absolute...
Neuharth's faith in USA Today can be seen in the redesign of Family Weekly, the Sunday newspaper supplement that Gannett bought from CBS Inc. in March for $42 million. At the time of the sale, Family Weekly had 362 newspaper clients and a combined circulation of more than 12 million. Renamed USA Weekend and scheduled to debut in September, the revamped magazine is a close cousin of the newspaper, complete with the same logo and flashy graphics. Many of Family Weekly's longtime subscribers, however, have complained that the new look amounts to free promotion for USA Today...
...Today is still not a financial winner. Though officials at Gannett will not divulge figures, Wall Street analysts estimate that the publication has lost about $250 million in pretax dollars. Neuharth has always said that the paper would not become profitable until 1987, but some company officials nonetheless seem a bit dismayed that the flood of red ink might top $350 million...
...their resources and pursue cases they have at least some expectation of winning, this one seemed a loser from the moment Hoy collared Bryant without Hurlbert's knowledge. Although Hurlbert filed charges two weeks later, experts say he needlessly rushed the investigation. In a preliminary hearing, Judge Frederick Gannett forewarned Hurlbert about the merits: he allowed the case to go forward but noted that the evidence barely met the legal standard...
...recent months, newspapers from Belo Corp.'s Dallas Morning News to the Gannett Co.'s Wilmington (Del.) News Journal have rolled out separate, free tabloids to appeal to that missing demographic. Some, like the Washington Post Co.'s Express, appear daily and are newsy, boiled-down versions of the broadsheet. Others are weekly and focus more on entertainment and lifestyle, like Gannett's CiN Weekly in Cincinnati, Ohio, and Knight-Ridder's StreetMiami, produced by the Miami Herald...