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Segment reporting
 6 Months Ended
Jun. 30, 2025
Segment Reporting [Abstract]  
Segment reporting
NOTE 12 — Segment reporting

We define our reportable segments based on the way the Chief Operating Decision Maker ("CODM"), which is our Chief Executive Officer, manages the operations for purposes of allocating resources and assessing segment performance. Our reportable segments include the following:

•Domestic Gannett Media is comprised of our portfolio of domestic local, regional, and national newspaper publishers. The results of this segment include Digital revenues mainly derived from digital advertising offerings such as digital marketing services delivered by our DMS segment, digital distribution of our publications and digital content syndication and affiliate and partnership revenues as well as classified advertisements and display advertisements run
on our platforms as well as third-party sites, and Print and commercial revenues mainly derived from the sale of local, national, and classified print advertising products, the sale of both home delivery and single copies of our publications, as well as commercial printing and distribution arrangements, and revenues from our events business.

•Newsquest is comprised of our portfolio of newspaper publishers in the U.K. The results of this segment include Digital revenues mainly derived from digital advertising offerings such as digital marketing services delivered by our DMS segment, digital distribution of our publications and digital content syndication revenues as well as classified advertisements and display advertisements run on our platforms and third-party sites, and Print and commercial revenues mainly derived from the sale of local, classified, and national advertising as well as niche publications, the sale of both home delivery and single copies of our publications, as well as commercial printing.

•Digital Marketing Solutions is comprised of our digital marketing services companies under the brand LocaliQ. The results of this segment include Digital revenues derived from digital marketing services generated through multiple services, including search advertising, display advertising, search optimization, social media, website development, web presence products, customer relationship management, and software-as-a-service solutions.

In addition to the reportable segments above, we have a Corporate category that includes activities not directly attributable to a specific reportable segment and includes expenses associated with broad corporate functions.

In the ordinary course of business, our reportable segments enter into transactions with one another. While intersegment transactions are treated like third-party transactions to determine segment performance, the revenues and expenses recognized by the segment that is the counterparty to the transaction are eliminated in consolidation and do not affect consolidated results.

We regularly provide management reports to the CODM that include Segment revenues and Segment Adjusted EBITDA (defined below). Significant Segment expenses regularly provided to the CODM, and included within Segment Adjusted EBITDA include Payroll, Benefits, Newsprint & ink, Distribution, Outside services and Digital cost of goods sold.

The CODM uses Segment Adjusted EBITDA to evaluate the performance of the segments and allocate resources. Segment Adjusted EBITDA provides an assessment of controllable expenses and affords the CODM the ability to make decisions which are expected to facilitate meeting current financial goals as well as achieve optimal financial performance.

Management considers Segment Adjusted EBITDA to be an important metric to evaluate and compare the ongoing operating performance of our segments on a consistent basis across reporting periods as it eliminates the effect of items that we do not believe are indicative of each segment's core operating performance.

We define Segment Adjusted EBITDA as Segment revenues less (1) operating costs and (2) selling, general and administrative expenses, plus (3) equity (income) loss in unconsolidated investees, net.

Segment Adjusted EBITDA also does not include: (1) Income tax expense (benefit), (2) Noncontrolling interest, (3) Interest expense, (4) Gains or losses on the early extinguishment of debt, (5) Non-operating pension income, (6) Loss on convertible notes derivative, (7) Depreciation and amortization, (8) Integration and reorganization costs, (9) Asset impairments, (10) Goodwill and intangible impairments, (11) Gains or losses on the sale or disposal of assets, (12) Share-based compensation expense, and (13) Other (income) expense, net.

The following tables below present summarized financial information for each of the Company's reportable segments.
Revenues
Three months ended June 30, 2025
In thousandsDomestic Gannett MediaNewsquestDigital Marketing SolutionsTotal
External revenues$406,356 $59,449 $117,478 $583,283 
Intersegment revenues32,943 1,869 — 34,812 
Segment revenues$439,299 $61,318 $117,478 $618,095 
Reconciliation of revenues:
Other revenues1,578 
Elimination of intersegment revenues(34,812)
Total revenues$584,861 
Three months ended June 30, 2024
In thousandsDomestic Gannett MediaNewsquestDigital Marketing SolutionsTotal
External revenues$455,262 $59,522 $123,798 $638,582 
Intersegment revenues36,647 1,730 — 38,377 
Segment revenues$491,909 $61,252 $123,798 $676,959 
Reconciliation of revenues:
Other revenues1,258 
Elimination of intersegment revenues(38,377)
Total revenues$639,840 
Six months ended June 30, 2025
In thousandsDomestic Gannett MediaNewsquestDigital Marketing SolutionsTotal
External revenues$813,588 $113,602 $226,187 $1,153,377 
Intersegment revenues65,781 3,564 — 69,345 
Segment revenues$879,369 $117,166 $226,187 $1,222,722 
Reconciliation of revenues:
Other revenues3,057 
Elimination of intersegment revenues(69,345)
Total revenues$1,156,434 

Six months ended June 30, 2024
In thousandsDomestic Gannett MediaNewsquestDigital Marketing SolutionsTotal
External revenues$914,085 $117,811 $240,843 $1,272,739 
Intersegment revenues73,543 3,639 — 77,182 
Segment revenues$987,628 $121,450 $240,843 $1,349,921 
Reconciliation of revenues:
Other revenues2,862 
Elimination of intersegment revenues(77,182)
Total revenues$1,275,601 
Reconciliation of Segment Revenues to Segment Adjusted EBITDA

Three months ended June 30, 2025
In thousandsDomestic Gannett MediaNewsquestDigital Marketing Solutions
Segment revenues$439,299 $61,318 $117,478 
Less:
Payroll122,607 25,888 23,524 
Benefits20,998 958 3,049 
Newsprint and ink13,373 2,413 — 
Distribution61,957 3,186 — 
Outside services
40,768 3,085 5,247 
Digital cost of goods sold44,614 2,154 72,198 
Other(a)
91,758 8,740 1,962 
Segment Adjusted EBITDA$43,224 $14,894 $11,498 
(a)    Other expenses primarily include corporate allocations of shared costs, facility-related expenses, advertising costs, and Equity loss (income) in unconsolidated investees, net, which are not separately provided to the CODM. Corporate allocations of shared costs include, but are not limited to technology, finance, analytics, legal, and human resources, as well as other general business costs.

Three months ended June 30, 2024
In thousandsDomestic Gannett MediaNewsquestDigital Marketing Solutions
Segment revenues$491,909 $61,252 $123,798 
Less:
Payroll132,935 23,945 25,628 
Benefits24,264 902 3,156 
Newsprint and ink16,846 2,461 — 
Distribution69,283 3,137 — 
Outside services47,344 2,523 2,220 
Digital cost of goods sold45,032 2,238 77,476 
Other(a)
103,307 11,908 3,545 
Segment Adjusted EBITDA$52,898 $14,138 $11,773 
(a)    Other expenses primarily include corporate allocations of shared costs, facility-related expenses, advertising costs, and Equity loss (income) in unconsolidated investees, net, which are not separately provided to the CODM. Corporate allocations of shared costs include, but are not limited to technology, finance, analytics, legal, and human resources, as well as other general business costs.
Six months ended June 30, 2025
In thousandsDomestic Gannett MediaNewsquestDigital Marketing Solutions
Segment revenues$879,369 $117,166 $226,187 
Less:
Payroll247,295 49,340 48,551 
Benefits46,199 2,006 6,745 
Newsprint and ink27,786 4,716 — 
Distribution126,462 6,196 — 
Outside services81,995 5,960 8,119 
Digital cost of goods sold86,854 4,154 138,665 
Other(a)
186,390 15,966 4,140 
Segment Adjusted EBITDA$76,388 $28,828 $19,967 
(a)    Other expenses primarily include corporate allocations of shared costs, facility-related expenses, advertising costs, and Equity loss (income) in unconsolidated investees, net, which are not separately provided to the CODM. Corporate allocations of shared costs include, but are not limited to
technology, finance, analytics, legal, and human resources, as well as other general business costs.

Six months ended June 30, 2024
In thousandsDomestic Gannett MediaNewsquestDigital Marketing Solutions
Segment revenues$987,628 $121,450 $240,843 
Less:
Payroll267,733 47,608 51,002 
Benefits48,630 1,963 6,433 
Newsprint and ink35,419 5,085 — 
Distribution143,766 6,323 — 
Outside services95,046 5,060 4,505 
Digital cost of goods sold90,440 4,634 150,587 
Other(a)
209,216 22,476 7,764 
Segment Adjusted EBITDA$97,378 $28,301 $20,552 
(a)    Other expenses primarily include corporate allocations of shared costs, facility-related expenses, advertising costs, and Equity loss (income) in unconsolidated investees, net, which are not separately provided to the CODM. Corporate allocations of shared costs include, but are not limited to technology, finance, analytics, legal, and human resources, as well as other general business costs.
Reconciliation of Segment Adjusted EBITDA to Net income (loss) attributable to Gannett

Three months ended June 30,Six months ended June 30,
in thousands2025202420252024
Domestic Gannett Media$43,224 $52,898 $76,388 $97,378 
Newsquest14,894 14,138 28,828 28,301 
Digital Marketing Solutions11,498 11,773 19,967 20,552 
Segment Adjusted EBITDA$69,616 $78,809 $125,183 $146,231 
Corporate5,379 4,278 10,437 14,111 
Benefit for income taxes(87,472)(26,803)(94,286)(16,725)
Net income (loss) attributable to noncontrolling interests7 (31)7 (31)
Interest expense24,395 26,270 50,478 52,835 
Loss (gain) on early extinguishment of debt183 87 1,457 (530)
Non-operating pension income(2,003)(3,137)(3,917)(6,283)
Depreciation and amortization42,644 38,258 85,278 76,556 
Integration and reorganization costs(a)
12,318 19,775 21,816 37,656 
Asset impairments181 — 2,075 45,989 
(Gain) loss on sale or disposal of assets, net(1,584)236 (22,264)788 
Share-based compensation expense2,082 3,512 4,961 6,338 
Other (income) expense, net(b)
(4,905)2,616 (1,917)6,547 
Net income (loss) attributable to Gannett$78,391 $13,748 $71,058 $(71,020)
(a)    Integration and reorganization costs mainly reflect severance-related expenses and other reorganization-related costs, designed primarily to right-size the Company's employee base, consolidate facilities and improve operations.
(b)    Other (income) expense, net primarily reflects expert fees associated with the litigation with Google, consulting fees related to a discrete initiative to reformulate our go-to-market strategy and post-sales processes, (gains) losses from the sale of investments and third-party debt costs.
Asset and asset related information by segment are not key measures of performance used by the CODM function. Accordingly, we have not disclosed asset and asset related information by segment.