Michael Reed - Page 2 of 3 - Providence Business News

GANNETT CO., parent of The Providence Journal and other local newspapers, says it is using proceeds from real estate sales to reduce its first debt lean by $22.3 million, and more real estate sales are expected later this year. / PBN FILE PHOTO/ARTISTIC IMAGES

Real estate sale proceeds reduce Projo parent’s debt by $22.3M

Economic Activity 02/03/2023

PROVIDENCE – Gannett Co., parent of The Providence Journal and other local newspapers, announced Friday that it used the proceeds from real estate sales...

Projo parent posts $54.1M loss in Q3

Economic Activity 11/03/2022

PROVIDENCE – Gannett Co., the parent company of The Providence Journal and other local publications, reported a loss of $54.1 million in the third...

Providence Journal parent reports $53.7M loss in Q2

Economic Activity 08/04/2022

PROVIDENCE – Gannett Co., parent company of The Providence Journal and several other local newspapers, on Thursday reported a $53.7 million loss in the...

Providence Journal parent company posts $135M loss in 2021

Economy 02/24/2022

PROVIDENCE – Gannett Co., parent company of The Providence Journal, on Thursday reported a year-end loss that narrowed to $135 million in 2021, or...

Providence Journal parent company posts $15.5M profit in Q3

Economic Activity 11/05/2021

PROVIDENCE – Gannett Co., the parent company of The Providence Journal and other local publications, reported a $15.5 million profit in the third quarter,...

Projo parent company logs $14.7M profit in Q2

Economic Activity 08/06/2021

PROVIDENCE – Gannett Co., parent company of The Providence Journal and several other local newspapers, on Thursday reported a $14.7 million profit in the...

ProJo parent company posts $142M loss in Q1

Economic Activity 05/07/2021

PROVIDENCE – Gannett Co., parent company of The Providence Journal and other local papers, posted a $142 million loss in the first quarter of...

GANNETT CO., owner of The Providence Journal, says it has made "significant progress" in transitioning from a traditional media business to a "digitally focused content platform," despite reporting a $672.4 million loss in 2020. / PBN FILE PHOTO/ARTISTIC IMAGES

Providence Journal parent company posts $672M loss in 2020

Economic Activity 02/25/2021

PROVIDENCE – Gannett Co., parent company of The Providence Journal, among other local papers, lost $672.4 million in 2020, or $5.09 per diluted share,...