Gannett Co. said its profit grew 16%...
- Share via
Gannett Co. said its profit grew 16% last year to $319.4 million on the strength of its local newspapers and USA Today. Full-year revenue was up 10% to $3.08 billion. John J. Curley, Gannett president, said classified advertising demand increased throughout 1987 for the company’s local newspapers, particularly the larger ones, while USA Today had “dramatic growth” in advertising revenue and turned a profit in the final quarter.
Inside the business of entertainment
The Wide Shot brings you news, analysis and insights on everything from streaming wars to production — and what it all means for the future.
You may occasionally receive promotional content from the Los Angeles Times.
