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Gannett Voluntary Buyouts

Discussion in 'Journalism topics only' started by Woody Long, Oct 15, 2020.

  1. matt_garth

    matt_garth Well-Known Member

    It is definitely not the Bell & Howell of yore. The name was sold to a private equity firm in 2001. After a merger and a bankruptcy, it was bought by another private equity firm in 2011 and sold to yet another private equity firm in December 2018.


     
  2. Baron Scicluna

    Baron Scicluna Well-Known Member

    Yeah, but when the planes are just starting to get invented and the company spends its time on “Buggy-Whips 1900” initiatives for their employees who are now called Mo-Bugs at the Local Whip Center, the suits are going to get ripped on. Especially if they cut phonograph records about how everything is awesome.
     
    Batman likes this.
  3. LanceyHoward

    LanceyHoward Well-Known Member

    It sounds like Bell and Howell could be a case study for what is happening to Sports Illustrated.
     
    matt_garth likes this.
  4. Severian

    Severian Well-Known Member

    Wow. Kleinberg is a South Florida institution. I was surprised to see he was still working at The Palm Beach Post in 2020. I guess it was only a matter of time before he either retired or got laid off. Now, I'm sure, he'll use the time to write books about Florida and make more money than he ever did reporting.

    How can Gannett make Cincinnati, Columbus and Akron "as big and profitable as possible" when the company has slashed staff in those key areas? Shareholders are a cancer.
     
  5. Tom Ato

    Tom Ato Member

    That's really interesting about Frank Gannett. I didn't know that. (Also, "The Great Hyphenator" would have been a great name if he had gone into professional wrestling.)
     
  6. Baron Scicluna

    Baron Scicluna Well-Known Member

    The Great Hyphenator’s finishing move would be the Colon.
     
  7. Tom Ato

    Tom Ato Member

    I'M DYING.
     
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