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Integration and reorganization costs and asset impairments (Tables)

12 Months Ended

Dec. 31, 2025

Restructuring and Related Activities [Abstract]

Schedule of Restructuring and Related Costs

The Company recorded severance-related expenses by segment as follows:

	Year ended December 31,
In thousands	2025		2024		2023
USA TODAY Media	$21,252		$11,529		$9,935
Newsquest	984		884		1,762
LocaliQ	1,773		1,254		756
Corporate	4,851		1,481		6,064
Total	$28,860		$15,148		$18,517

A roll-forward of the accrued severance and related expenses included in Accounts payable and accrued liabilities on the

Consolidated balance sheets for the years ended December 31, 2025 and 2024 is as follows:

In thousands	Severance and related expenses
Balance at December 31, 2023	$6,928
Restructuring provision included in integration and reorganization costs	15,148
Cash payments	(16,585)
Balance at December 31, 2024	5,491
Restructuring provision included in integration and reorganization costs	28,860
Cash payments	(26,013)
Other(a)	1,781
Balance at December 31, 2025	$10,119

(a)For the year ended December 31, 2025, included $1.8 million related to the departure of the Company's former Chief Financial Officer.

Schedule of Facility Consolidation Charges

The Company recorded Other reorganization-related

costs by segment as follows:

	Year ended December 31,
In thousands	2025		2024		2023
USA TODAY Media(a)	$(5,663)		$38,096		$(4,353)
Newsquest(b)	200		(1,397)		1
LocaliQ	—		807		28
Corporate(c)	8,198		13,501		10,275
Total	$2,735		$51,007		$5,951

(a)For the year ended December 31, 2025, included the reversal of withdrawal liabilities related to multiemployer pension plans of $12.2 million based on the

settlement of the withdrawal liabilities. For the year ended December 31, 2024, included $25.9 million related to withdrawal liabilities which were expensed

as a result of ceasing contributions to multiemployer pension plans and $9.7 million expensed as of the cease-use date related to certain licensed content. For

the year ended December 31, 2023, included the reversal of withdrawal liabilities related to multiemployer pension plans of $6.4 million based on the

settlement of the withdrawal liabilities.

(b)  For the year ended December 31, 2024, included the reversal of a withdrawal liability of $1.4 million related to a pension plan based on settlement of the

withdrawal liability.

(c)For the year ended December 31, 2025, included $2.1 million expensed related to the departure of the Company's former Chief Financial Officer.

X

- Definition

Tabular disclosure of long lived assets held for sale. Disclosure may include the description of the facts and circumstances leading to the expected disposal, manner and timing of disposal, the carrying value of the assets held for sale, the gain (loss) recognized in the income statement and the income statement caption that includes that gain (loss).

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- Definition

Tabular disclosure of costs incurred for restructuring including, but not limited to, exit and disposal activities, remediation, implementation, integration, asset impairment, and charges against earnings from the write-down of assets.

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