USA TODAY Co. Business Summary

USA TODAY Co., Inc. (NYSE: TDAY), formerly known as Gannett Co., Inc., operates as a diversified media and digital marketing solutions company. The company generates revenue through a multi-pronged model including print and digital subscriptions, national and local advertising, and high-margin digital marketing services via its LocaliQ brand. Its operations are organized into three primary segments: Domestic Media, which encompasses the flagship USA TODAY brand and over 200 local media organizations; Newsquest, a leading local media provider in the United Kingdom; and Digital Marketing Solutions (DMS). As of early 2026, the company has aggressively expanded into AI content licensing, notably through a multi-year partnership with Meta, and is on track to derive over 50% of its total revenue from digital streams. Its primary direct competitors include The New York Times Company, News Corp (The Wall Street Journal), and The Washington Post; USA TODAY Co. maintains its market position as the largest newspaper publisher in the United States by total daily circulation, pivoting from a legacy print-heavy business to a digital-first, community-focused platform. Originally founded in 1982 by Al Neuharth, the current corporate entity was solidified through the 2019 merger of Gannett and New Media Investment Group and its subsequent 2025 rebranding. The leadership team is led by Chairman and CEO Mike Reed, a veteran executive with over 25 years in the media industry who previously served as CEO of GateHouse Media. Key executives include Trisha Gosser as Chief Financial Officer, Joe Miranda as Chief Technology and Data Officer, and Kristin Roberts, who serves as President of USA TODAY Media following her tenure at McClatchy. The company’s strategic direction is overseen by a board of directors that includes Lead Director Kevin Sheehan and notable members such as Amy Reinhard (President of Advertising at Netflix) and Debra Sandler. Recent institutional activity includes a binding agreement in January 2026 to acquire The Detroit News from MediaNews Group, further consolidating its footprint in major metropolitan markets.