GANNETT TAKES STAKE IN GRATEFUL VENTURES

Gannett has become a majority investor in Grateful Ventures, a media company specializing in food and cooking websites and blogs. Phoenixbased Grateful Ventures, founded in 2014, draws an online monthly audience of about 8.5 million to its holiday food site Thanksgiving .com, FoodBlogs.com social media hub and Food Blog Stars network (sites include Budget Bytes and Divas Can Cook). Terms of the transaction were not disclosed.