GANNETT Q2 INCOME FALLS, CIRCULATION REVENUE UP
Gannett, which owns USA TODAY and 109 local news properties, said Wednesday net income for the second quarter fell 77% to $12.3 million. Total revenue rose 3% to $748.8 million, largely due to the addition of Journal Media Group and growing digital advertising. Circulation revenue climbed 8.2% to $287.6 million.