The $1.13 Billion merger of Gannett and New Media will be voted on today, and the future of what is now Alabama's largest daily newspaper* will be decided.
The Montgomery Advertiser, a Gannett paper, became the largest daily newspaper in Alabama when the three largest papers in the state dropped back to publishing three days a week.
USA Today, part of the deal, reports:
The Montgomery Advertiser, a Gannett paper, became the largest daily newspaper in Alabama when the three largest papers in the state dropped back to publishing three days a week.
USA Today, part of the deal, reports:
"The companies, which have grappled for years with a decline in newspaper circulation and advertising, believe they will be stronger together. They plan to shed $275 million to $300 million in overlapping costs per year within 18 to 24 months and use their combined power to pursue a "digital transformation" predicated on innovative marketing services, online advertising and paid subscriptions."
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