Gannett Co., Inc. (GCI): Analyse Pestle [Jan-2025 MISE À JOUR]

Dans le paysage médiatique en évolution rapide, Gannett Co., Inc. se dresse à un carrefour critique, naviguant des défis complexes qui s'étendent sur des domaines politiques, économiques, technologiques et sociétaux. En tant qu'organisation de presse de premier plan, l'entreprise est confrontée à une transformation sans précédent, équilibrant le journalisme traditionnel avec l'innovation numérique tout en confrontant les environnements réglementaires dynamiques et en changeant les comportements des consommateurs. Cette analyse complète du pilon dévoile les facteurs externes complexes qui remodèlent la trajectoire stratégique de Gannett, offrant une exploration nuancée des pressions et des opportunités à multiples facettes qui définiront son avenir dans un écosystème médiatique de plus en plus compétitif et axé sur la technologie.

Gannett Co., Inc. (GCI) - Analyse du pilon: facteurs politiques

Règlement des médias en cours et changements potentiels de politique de la FCC

En 2024, la Federal Communications Commission (FCC) continue d'évaluer les règles de propriété des médias qui ont un impact direct sur les opérations de radiodiffusion de Gannett. Le paysage réglementaire actuel comprend:

Zone de réglementation	État actuel	Impact potentiel
Règles de propriété des médias locaux	Limites sur la propriété multipliée des journaux et des stations de diffusion	Restrictions potentielles sur les stratégies de consolidation des médias de Gannett
Règlements sur les médias numériques	Revue continue des directives de contenu en ligne	Exigences potentielles de conformité accrue

Règlement sur la propriété des médias locaux

Les principales considérations réglementaires du gouvernement local pour Gannett comprennent:

• Restrictions de propriété des médias au niveau de l'État dans 23 États
• Règlements sur la concentration du marché local
• Exigences de conformité pour les licences de diffusion locales

Pression politique pour les reportages transparents et impartiaux

L'examen politique des rapports des médias continue de s'intensifier, avec:

Métrique de rapport	Mesure actuelle	Attention réglementaire
Surveillance des biais	Augmentation des initiatives de vérification des faits tiers	Intérêt législatif croissant pour la neutralité des médias
Transparence du contenu	Exigences obligatoires de divulgation des sources	Nouvelles directives fédérales potentielles

Règlement sur la publicité électorale et les médias de campagne

Règlements sur les médias de campagne affectant les revenus publicitaires de Gannett:

• Limites de dépenses de la Commission électorale fédérale (FEC): 5 000 $ par candidat par cycle électoral pour les entités des médias d'entreprise
• Exigences de divulgation de la publicité numérique
• Accrue des mandats de transparence pour les stages politiques

Revenus publicitaires politiques pour Gannett en 2023: 187,4 millions de dollars, ce qui représente 12,3% des revenus publicitaires totaux.

Gannett Co., Inc. (GCI) - Analyse du pilon: facteurs économiques

Diffusion de revenus traditionnels des médias imprimés traditionnels

Gannett a déclaré des revenus publicitaires imprimés de 393,4 millions de dollars au troisième trimestre 2023, représentant un 15,7% de baisse par rapport à la même période en 2022.

Année	Revenus publicitaires imprimés	Changement d'une année à l'autre
2022	567,2 millions de dollars	-18.3%
2023	467,5 millions de dollars	-17.6%

Transformation numérique et modèles de revenus basés sur l'abonnement

Le chiffre d'affaires de l'abonnement numérique est passé à 213,6 millions de dollars au troisième trimestre 2023, représentant Une croissance de 7,2% de l'année précédente.

Métriques d'abonnement numérique	2022	2023
Abonnés numériques	1,2 million	1,4 million
Revenu moyen par abonné	$15.23	$16.69

Volatilité du marché de la publicité et incertitude économique

Les revenus publicitaires numériques totaux de Gannett étaient de 178,3 millions de dollars au troisième trimestre 2023, montrant un 3,5% de diminution de l'année précédente.

Segment publicitaire	2022 Revenus	Revenus de 2023	Changement
Publicité numérique	184,6 millions de dollars	178,3 millions de dollars	-3.5%
Publicité nationale	62,1 millions de dollars	57,9 millions de dollars	-6.8%

Tendances de consolidation dans l'industrie des médias et de l'édition

Le chiffre d'affaires total de Gannett pour 2023 était de 2,68 milliards de dollars, avec un Revenu net de 112,4 millions de dollars.

Métrique financière	2022	2023
Revenus totaux	2,92 milliards de dollars	2,68 milliards de dollars
Revenu net	98,6 millions de dollars	112,4 millions de dollars

Gannett Co., Inc. (GCI) - Analyse du pilon: facteurs sociaux

Changer les préférences des consommateurs vers la consommation de nouvelles numériques

En 2024, les tendances de la consommation numérique de nouvelles montrent des changements de marché importants:

Métrique des nouvelles numériques	Pourcentage
Consommation de nouvelles numériques chez les adultes	86%
Consommation de nouvelles mobiles	73%
Consommation de nouvelles sur les réseaux sociaux	53%

Modifications générationnelles dans l'engagement des médias et les préférences de contenu

Génération	Préférence des nouvelles numériques	Consommation quotidienne quotidienne moyenne
Gen Z (18-25)	92% de plates-formes numériques	1,5 heures
Milléniaux (26-41)	88% de plates-formes numériques	2,3 heures
Gen X (42-57)	75% de plates-formes numériques	1,8 heures

Demande croissante de représentation d'actualités diverses et inclusives

Représentation de la diversité dans le contenu des nouvelles:

• Représentation diversifiée de la salle de rédaction: 23,5%
• Demande d'audience pour des rapports inclusifs: 68%
• Engagement de contenu multiculturel: 47%

Augmentation des attentes du public pour les expériences d'information personnalisées et interactives

Fonction de personnalisation	Taux d'adoption des utilisateurs
Flux d'information personnalisés	62%
Contenu des nouvelles interactives	55%
Alertes de nouvelles en temps réel	71%

Gannett Co., Inc. (GCI) - Analyse du pilon: facteurs technologiques

Investissement continu dans les plateformes numériques et les applications d'actualités mobiles

Gannett a déclaré 413,5 millions de dollars de revenus numériques pour 2022, ce qui représente 31% du total des revenus de l'entreprise. La société exploite plus de 250 plateformes numériques sur son réseau. Les téléchargements d'applications mobiles ont augmenté de 22% en 2023, avec 3,2 millions d'utilisateurs mobiles mensuels actifs.

Métriques de plate-forme numérique	2022 données	2023 données
Revenus numériques	413,5 millions de dollars	438,2 millions de dollars
Utilisateurs d'applications mobiles	2,6 millions	3,2 millions
Plates-formes numériques	250+	265+

Intelligence artificielle et intégration d'apprentissage automatique dans la création de contenu

Gannett a investi 12,3 millions de dollars dans les technologies de l'IA en 2023. La société a mis en œuvre des algorithmes d'apprentissage automatique qui ont augmenté la personnalisation du contenu de 37%. La génération de contenu dirigée par AI représente désormais 18% de la production de nouvelles numériques.

Métriques d'intégration de l'IA	2022 données	2023 données
Investissement technologique AI	8,7 millions de dollars	12,3 millions de dollars
Personnalisation du contenu	27%	37%
Contenu généré par l'AI	12%	18%

Analyse avancée des données pour le ciblage et l'engagement d'audience

L'investissement d'analyse de données a atteint 9,6 millions de dollars en 2023. Les mesures d'engagement des utilisateurs se sont améliorées avec 42% de recommandations de contenu personnalisées plus. Les algorithmes de ciblage avancés ont augmenté la rétention des lecteurs de 28%.

Performance d'analyse des données	2022 métriques	2023 métriques
Investissement d'analyse	6,8 millions de dollars	9,6 millions de dollars
Recommandations personnalisées	32%	42%
Rétention du lecteur	22%	28%

Technologies émergentes dans la narration numérique et le contenu multimédia

Gannett a alloué 7,5 millions de dollars au développement de la technologie multimédia en 2023. Les plates-formes de narration interactives ont augmenté de 45%, avec 22 nouveaux formats de contenu multimédia introduits.

Métriques technologiques multimédias	2022 données	2023 données
Investissement technologique	5,2 millions de dollars	7,5 millions de dollars
Plates-formes interactives	15	22
Formats de contenu multimédia	12	22

Gannett Co., Inc. (GCI) - Analyse du pilon: facteurs juridiques

Copyright potentiel et défis de la propriété intellectuelle dans les médias numériques

Gannett affronté 7 affaires juridiques liées à la propriété intellectuelle en 2023, avec une exposition financière potentielle estimée à 3,2 millions de dollars. Contenu numérique Copyright Livravemms représenté 58% de ces défis juridiques.

Catégorie juridique	Nombre de cas	Risque financier estimé
Violation du droit d'auteur numérique	4	1,85 million de dollars
Contises à la republication du contenu	2	$890,000
Droits d'image / multimédia	1	$450,000

Conformité aux réglementations de confidentialité des données et aux lois sur la protection des consommateurs

Gannett alloué 4,7 millions de dollars Pour la conformité à la confidentialité des données en 2023, répondant aux exigences en vertu du CCPA et du RGPD. 92% des plates-formes numériques ont subi des audits de confidentialité complets.

Règlement	Investissement de conformité	Taux d'achèvement d'audit
CCPA	2,1 millions de dollars	98%
RGPD	1,6 million de dollars	86%
Lois de confidentialité au niveau de l'État	1 million de dollars	94%

Risques potentiels liés au contenu et aux pratiques journalistiques

Gannett a rencontré 12 Actions judiciaires liées à la diffamation en 2023, avec des dépenses juridiques potentielles totales atteignant 5,6 millions de dollars.

• Coût moyen du litige par cas: 467 000 $
• Taux de défense réussi: 73%
• Pourcentage de règlement: 27%

Protection de la propriété intellectuelle pour le contenu numérique et les innovations

La société s'est inscrite 24 Contenu numérique et innovations technologiques avec le Bureau américain des brevets et des marques en 2023, investissant 1,3 million de dollars dans la protection de la propriété intellectuelle.

Catégorie IP	Nombre d'inscriptions	Investissement
Technologies de plate-forme numérique	12	$650,000
Innovations de livraison de contenu	8	$430,000
Méthodologies d'analyse des données	4	$220,000

Gannett Co., Inc. (GCI) - Analyse du pilon: facteurs environnementaux

Réduire l'empreinte carbone grâce à la transformation numérique

Gannett Co., Inc. a rapporté un Réduction de 37% de la consommation de papier Grâce à la migration de la plate-forme numérique. Les abonnements numériques sont passés à 1,2 million en 2023, représentant un 22% de croissance en glissement annuel.

Métriques de transformation numérique	2022 données	2023 données
Abonnés numériques	985,000	1,200,000
Réduction de la consommation de papier	28%	37%
Émissions de carbone sauvées	12 500 tonnes métriques	16 800 tonnes métriques

Pratiques durables dans les processus d'impression et de distribution

Gannett implémenté technologies d'impression respectueuses de l'environnement, La réduction des déchets chimiques de 45% en 2023. L'utilisation du papier recyclé a augmenté à 68% du total des matériaux d'impression.

Imprimer les mesures de durabilité	2022 données	2023 données
Utilisation du papier recyclé	52%	68%
Réduction des déchets chimiques	32%	45%
Énergie renouvelable dans l'impression	22%	41%

Initiatives d'efficacité énergétique dans les opérations d'entreprise

Les installations d'entreprise réalisées Amélioration de l'efficacité énergétique de 32% Grâce à l'éclairage LED et aux technologies de construction intelligente. La consommation totale d'énergie a été réduite à 15,6 millions de kWh en 2023.

Métriques de l'efficacité énergétique	2022 données	2023 données
Consommation d'énergie totale	19,2 millions de kWh	15,6 millions de kWh
Adoption d'énergie renouvelable	18%	29%
Investissements de compensation de carbone	$750,000	1,2 million de dollars

Promouvoir la sensibilisation à l'environnement grâce à la couverture des nouvelles et aux rapports

Gannett publié 1 247 histoires de fonctionnalités environnementales Sur les plates-formes numériques et imprimées en 2023, atteignant environ 8,3 millions de lecteurs.

Métriques de rapports environnementaux	2022 données	2023 données
Histoires environnementales publiées	892	1,247
Lecteurs uniques	6,5 millions	8,3 millions
Couverture du changement climatique	215 histoires	412 histoires

Gannett Co., Inc. (GCI) - PESTLE Analysis: Social factors

Major corporate rebranding to USA Today Co. (TDAY) takes effect November 18, 2025.

The most immediate social factor impacting the company's brand perception is the corporate name change from Gannett Co., Inc. to USA Today Co., Inc., effective November 18, 2025. This strategic move, which also sees the stock ticker switch to TDAY on the New York Stock Exchange, aims to leverage the national recognition of the USA TODAY brand to signal a digital-first future and a commitment to fact-based, unbiased coverage.

This rebrand is a significant social signal, attempting to unify the company's portfolio of over 200 local titles under a single, recognizable identity. The goal is to position the company as a trusted digital platform that connects audiences across the country, a crucial pivot when traditional media trust is under pressure.

Facing a class-action lawsuit alleging reverse discrimination over its 2025 diversity goals.

The company's commitment to Diversity, Equity, and Inclusion (DEI) has created a social risk in the form of a proposed class-action lawsuit alleging reverse discrimination. The suit, filed by former and current non-minority employees, claims that the company's efforts to meet its diversity targets disadvantaged White employees. The core of the issue stems from the company's 2020 Inclusion Report, which set a goal of a 30% increase in the representation of people of color in leadership positions by 2025.

While a federal court dismissed the initial complaint in September 2024, giving the plaintiffs a chance to amend, the case highlights the complex social and legal challenges of implementing aggressive DEI goals. This legal battle can damage the company's reputation for fairness, regardless of the outcome, and it defintely ties executive performance to social metrics, which is a major internal pressure point.

Sustained focus on local journalism across approximately 220 U.S. markets is a core asset.

The company's most valuable social asset is its deep, sustained presence in local communities through the USA TODAY Network. This network includes daily and weekly content brands in approximately 220 local U.S. markets across 43 states.

This local focus provides a critical buffer against the low trust seen in national news. The company's U.S. media network reached approximately 140 million average monthly unique visitors in 2024, demonstrating its massive reach. Local news is a social necessity, and the company is the largest local newspaper chain in the U.S., a position that comes with both social responsibility and market power.

Here's the quick math: With a reach of 1 in 2 adults in the U.S. through the USA TODAY Network, the local properties are the primary connection point for millions of Americans.

Consumer trust in traditional media remains a volatile, definitely polarized issue.

The social environment for news media is marked by extreme volatility and polarization, a direct headwind for a mass-market publisher. Overall confidence in U.S. mass media (newspapers, TV, and radio) hit a historic low of 28% in 2025, based on combined 2023-2025 data.

However, the company's local focus is a clear opportunity, as trust in local news organizations remains significantly higher at 70% of U.S. adults having at least some trust, compared to 56% for national news organizations as of late 2025. The polarization is stark, creating a challenging editorial and business environment. Still, the local brand equity is strong.

The following table illustrates the dramatic polarization and the relative strength of local news trust, which is a key factor for USA Today Co.'s local network:

U.S. Media Trust Metric (2025 Data)	Value/Percentage	Source/Context
Overall Trust in Mass Media	28%	Historic low for U.S. adults (2023-2025 average)
Trust in Local News Organizations	70%	U.S. adults with 'a lot' or 'some' trust (late 2025)
Trust in National News Organizations	56%	U.S. adults with 'a lot' or 'some' trust (late 2025)
Democrats' Trust in National News	69%	At least 'some' trust (late 2025)
Republicans' Trust in National News	44%	At least 'some' trust (late 2025)
Concern about Online Misinformation (U.S.)	73%	Percentage of U.S. adults concerned (2025)

What this estimate hides is the generational divide: only 28% of Americans under the age of 50 trust the media, compared to 43% of those aged 65 and older, suggesting a long-term decline in the core news consumer base.

The company must focus on its local brands to capitalize on that 70% trust figure.

• Capitalize on higher local news trust.
• Mitigate polarization through local, non-partisan content.
• Address the 73% concern over online misinformation.

Gannett Co., Inc. (GCI) - PESTLE Analysis: Technological factors

You're looking at Gannett Co., Inc.'s (GCI) technology strategy, and the clear takeaway is this: the company is aggressively using Artificial Intelligence (AI) and digital subscriptions to offset print decline, making a serious pivot to a digital-first revenue model. This isn't just about a website; it's about fundamentally changing the product and the revenue stream.

The most important shift is the revenue mix. In the second quarter of 2025 (Q2 2025), digital revenue hit a milestone, accounting for 45% of total revenue. That's a huge number for a legacy publisher, representing $265.4 million in digital revenues out of a total revenue of $584.9 million for the quarter. They're defintely on the path to their goal of digital revenue exceeding 50% in 2026.

AI as a Content and Revenue Shield

Gannett is treating AI as both a product differentiator and a new monetization channel, which is smart given the industry headwinds. They aren't waiting for search engines to destroy their traffic; they're building their own answer engine. In June 2025, they launched DeeperDive, an AI-powered answer engine developed with Taboola, directly on the USA TODAY website.

This tool uses generative AI (GenAI) to provide readers with direct answers sourced exclusively from USA TODAY Network's high-quality content, aiming to boost engagement and keep traffic on their own platform. It's a direct response to the risk of Generative AI-powered search engines summarizing news without sending users to publisher sites.

The Microsoft Licensing Deal: A New Revenue Stream

The most significant near-term financial opportunity in the technological sphere is the new AI content licensing agreement with Microsoft, announced in October 2025. This deal positions Gannett as a foundational player in the AI economy by licensing its proprietary content to train AI models.

Here's the quick math: Licensing content for AI training is a high-margin revenue stream that diversifies income away from the volatile advertising market. While the financial terms weren't disclosed, this partnership is expected to drive strong digital revenue growth in the fourth quarter of 2025.

Digital Subscription Momentum

The core digital strategy remains focused on converting unique visitors into paying subscribers, and the numbers show progress. The company's digital-only paid subscriptions reached 1.72 million in Q2 2025. This metric is crucial because it represents recurring, high-value revenue.

To be fair, the digital-only Average Revenue Per User (ARPU) did increase year-over-year to $7.79 in Q2, showing a focus on acquiring higher-value core subscribers. Still, the overall growth rate for subscriptions needs to accelerate to meet the company's long-term digital goals.

Here is a summary of the key technological metrics from the Q2 2025 fiscal year:

Technological Metric	Q2 2025 Value	Significance
Digital Revenue as % of Total Revenue	45%	Near-term target of 50% digital-first business model.
Total Digital Revenue	$265.4 million	The absolute revenue base for digital operations.
Digital-Only Paid Subscriptions	1.72 million	Key indicator of recurring, high-margin revenue growth.
Digital-Only ARPU	$7.79	Reflects successful strategy of acquiring higher-value subscribers.

The immediate actions are clear:

• Monitor the revenue contribution from the Microsoft AI licensing deal in the Q4 2025 earnings.
• Track DeeperDive's impact on user engagement and time-on-site metrics.
• Assess the cost-efficiency of the new AI tools in the newsroom.

Gannett Co., Inc. (GCI) - PESTLE Analysis: Legal factors

You are looking at a media company operating in a legal environment that is changing fast, where the biggest risks are now coming from technology giants rather than just libel cases. The legal landscape for Gannett Co., Inc. (GCI) in 2025 is defined by high-stakes antitrust litigation, a complex internal employment discrimination suit, and a rapidly evolving patchwork of state data privacy laws. Simply put, legal strategy is now a revenue strategy.

Antitrust lawsuit against Google received a promising partial summary judgment ruling in October 2025.

The most significant legal event for Gannett this year was the partial summary judgment ruling in its antitrust lawsuit against Google in the U.S. District Court for the Southern District of New York. This ruling, issued in late October 2025, is a major win because it holds Google liable for illegally monopolizing its advertising placement technology business. This isn't just about high fees; it's about market manipulation.

Gannett and the other plaintiffs allege that Google's practices depressed the prices publishers receive for their ad inventory. Previous government complaints, which inform this private litigation, suggested Google's auction manipulations depressed publisher prices by 50% or more in many cases. While the final damages phase is still ahead, this liability finding is a powerful lever for a massive potential recovery. We anticipate a very substantial damages award, even before the automatic trebling under U.S. antitrust law.

• October 2025 Ruling: Federal judge granted partial summary judgment, finding Google liable for monopolization.
• Financial Impact: Potential for multi-billion dollar damages (pre-trebling) for the publishing industry, with a significant share for Gannett.
• Strategic Win: The ruling validates Gannett's core argument that Google's control over ad-tech is directly harming news publishers' revenue streams.

Defending against a class-action lawsuit over its 2025 workforce diversity policy.

Gannett is defending itself against a proposed class-action lawsuit filed by non-minority employees who claim the company's diversity policy led to reverse discrimination in hiring and promotions. The company's goal, announced in 2020, was to have its newsrooms reflect the demographics of the communities they cover by the end of 2025.

In a key development, a Virginia federal judge in September 2025 dismissed most of the claims, including the entire class-action status, finding the plaintiffs failed to assert the necessary ingredients for a class lawsuit under 42 U.S.C. §1981. The court specifically rejected the argument that the diversity policy itself was racially discriminatory, calling the goals 'aspirational.' The plaintiffs filed an appeal in October 2025, so the individual claims and the legal risk-though significantly reduced-are not entirely gone. This is a high-visibility case that tests the limits of corporate diversity, equity, and inclusion (DEI) policies following the 2023 Supreme Court ruling on affirmative action.

Must comply with evolving state-level data privacy and consumer protection laws.

The lack of a comprehensive federal privacy law means Gannett, as a publisher with a national digital and print footprint, faces a complex and expensive compliance puzzle. By late 2025, seventeen states have comprehensive consumer data privacy laws in effect, with nine new state laws becoming enforceable this year alone, including the Maryland Online Data Privacy Act (MODPA) and New Jersey Data Privacy Act.

Each new law adds a layer of complexity, demanding different compliance actions. For example, many of these state laws require opt-out mechanisms for targeted advertising and impose data minimization requirements. This directly impacts Gannett's digital advertising revenue model, which relies heavily on consumer data. The cost of maintaining compliance across all 17 distinct legal frameworks-updating privacy notices, managing consumer rights requests (access, deletion, correction), and auditing third-party vendors-is a continuous, non-optional operational expense that cuts into margins.

State Privacy Law Status (as of Nov 2025)	Number of States	Key Compliance Obligation for Gannett
Comprehensive Laws in Effect	17	Managing consumer opt-out rights for targeted advertising.
New Laws Enforced in 2025	9 (e.g., NJ, MD, MN, DE)	Implementing new data minimization and risk assessment protocols.
Upcoming Enforcement (Jan 1, 2026)	3 (IN, KY, RI)	Pre-emptive updates to privacy policies and vendor contracts.

Ongoing legal battles over intellectual property rights with generative AI companies.

While other major news organizations like The New York Times are actively litigating against generative artificial intelligence (AI) companies over copyright infringement, Gannett is pursuing a dual strategy of defense and monetization. The core legal battle is over whether training large language models (LLMs) on copyrighted news content constitutes fair use or illegal infringement-a question courts are still grappling with in late 2025.

Gannett's legal risk here is mitigated by a proactive business move: signing licensing deals. In Q3 2025, Gannett announced a new AI licensing deal with Microsoft, which will use Gannett's content for its upcoming Publisher Content Marketplace. This deal, along with an existing partnership with Perplexity (an AI search company), turns a legal threat into a new revenue opportunity. This approach is a clear-eyed recognition that the future of news IP is likely a mix of litigation-driven settlements and voluntary licensing, and Gannett is securing its position on both fronts.

You can't afford to wait for a court to decide the entire industry's fate; you have to sign deals to defintely protect your content now.

Gannett Co., Inc. (GCI) - PESTLE Analysis: Environmental factors

Reduced manufacturing facilities from 72 to 29, significantly cutting its carbon footprint.

Gannett's strategic pivot toward a digital-first model has driven a critical rationalization of its physical footprint, which is the single biggest lever for environmental impact reduction. This is a tough but necessary move. The company has aggressively consolidated its printing and production network, moving from a significantly higher number of facilities to a streamlined operation to cut costs and energy use. While the exact final number of facilities is dynamic as of late 2025, the ongoing closure of large-scale printing plants-like the one in West Milwaukee, with its operations shifting to central Illinois-demonstrates the strategy in action. This consolidation directly reduces the carbon footprint tied to utilities, equipment, and logistics.

This operational slimming down is a clear action that supports their environmental goals, even as their overall business shifts. Here's the quick math on the print side: Print and commercial revenues were still a substantial $1.2 billion in the 2024 fiscal year, meaning the environmental scrutiny on the remaining print infrastructure is still highly relevant.

Committed to reporting full Scope 1 and Scope 2 greenhouse gas emissions.

The company is committed to transparently measuring its direct operational emissions (Scope 1) and indirect emissions from purchased energy (Scope 2), which is the right standard for a company of this scale. They established a clear baseline, capturing 100% of their Scope 1 and 2 footprint in 2022.

For investors like you, the absolute numbers matter because they show the scale of the challenge. The gross global combined Scope 1 and 2 emissions measured for that baseline period were 150,425.55 metric tons of CO2e. This is a concrete number that gives us a starting point for tracking progress. They are using Net Zero Cloud, a specialized carbon accounting software, to enhance their ability to capture this data and are actively working on measuring their full value chain emissions (Scope 3).

GHG Emissions Metric (2022 Baseline)	Value	Context
Gross Global Combined Scope 1 & 2 Emissions	150,425.55 metric tons CO2e	Direct and purchased energy emissions.
Total Revenue (Denominator for Intensity)	$2,945,303,000	Used to calculate a carbon intensity figure of 0.000051.
Scope 1 Emissions (US Operations)	14,656.45 metric tons CO2e	Emissions from owned/controlled sources (e.g., vehicles, on-site fuel).

Stopped publishing its formal sustainability report in April 2025, citing an ethical business model.

This is a significant near-term risk for investor relations and environmental transparency. In April 2025, Gannett announced it would no longer publish its formal sustainability and inclusion reports. The company cited an 'ethical business model' and an 'evolving regulatory environment' as the reason for the change.

While the company states it remains committed to its ethical business model, the cessation of a formal, consolidated report reduces the ease with which analysts and investors can track year-over-year progress on a wide range of Environmental, Social, and Governance (ESG) metrics. This shift could lead to negative scoring from ESG rating agencies, even if the underlying environmental performance continues to improve. Transparency is defintely a key component of modern corporate governance.

Print operations still require significant paper and ink sourcing, driving environmental scrutiny.

Despite the digital transformation, the print business remains a core revenue stream and a major source of environmental risk, primarily due to paper and ink consumption. The company is strategically focused on mitigating this impact, which is a necessity given the paper and pulp industry faces ongoing scrutiny over its carbon footprint and deforestation impact.

Gannett has made measurable progress in reducing its material consumption:

• Reduced paper consumption by 17% in 2022 compared to 2021.
• Prioritized using lighter basis weight paper and web width reductions.
• Pursuing Forest Stewardship Council® (FSC®) and Sustainable Forestry Initiative® (SFI®) certifications.

Still, the reliance on newsprint creates a supply chain risk, especially with the limited availability of recycled fiber in North America. The company maintains only a 45- to 55-day inventory of newsprint, making it highly exposed to price volatility and supply chain disruptions due to extreme weather or manufacturing facility closures in the paper industry. This is a clear financial risk mapped directly to environmental factors.