Newspaper’s plunge among steepest for Gannett papers
The acquisition of Gannett, publisher of USA Today and other papers, by GateHouse Media was supposed to provide a lifeline to the faltering news conglomerate.
Instead, of the 200 daily newspapers at the newly merged Gannett Co. that file print circulation numbers publicly, more than 80% are losing circulation at a faster rate than the national average and 10% are declining at twice that rate or more, according to a Business Journal analysis.
Among the largest Gannett-owned publications, The Arizona Republic has suffered one of the steepest declines, with a two-year circulation drop of 30.3% since 2017.
The failing, Hillary-endorsing Republic’s 2019 print circulation has plunged below 100,000 to 99,456.
The Business Journal’s analysis of the past two years’ worth of circulation data filed with the Alliance for Audited Media could provide clues as to which newspapers Gannett may target with staff cuts, closures or potential mergers with other publications. Earlier this month, the $1.2 billion merger of Virginia-based Gannett and New York-based New Media Holdings Group was completed, forming the nation’s largest newspaper conglomerate.
The new Gannett is reported to be under intense pressure from shareholders to fulfill its pledge to cut $300 million in expenses. The likelihood is that it will ax its most under-performing newspapers.
The current Arizona Republic, fueled by Trump-hatred and a dedication to insulting its remaining readers, is a skeletal model of it’s former self, but its radically left content remains uncompromisingly robust.
This morning’s edition of the pre-Thanksgiving front page is dominated by an oversize photo and article hailing the teaching of a new version of what is termed “the myth of Thanksgiving.” Young children at “some” Arizona schools are not learning about the interaction between the Mayflower pilgrims of Plymouth Colony and the native American tribes, but are being taught about “native culture” and “indigenous identity.” In line with the Republic’s offensive notion that only ethnic minorities can cover their own cultures, the report is written by the newspaper’s “indigenous affairs reporter.”
This unprofitable albatross is writing its own obit.