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Slide #72. Gannett Co., Inc. — Mobestream Media
Gannett Co., Inc. (NYSE:GCI)
Gannett Co., Inc. announced that it has acquired Mobestream Media, maker of the Key Ring consumer rewards mobile platform available on all major smartphones. Terms of the acquisition were not disclosed.
Gannett owns, operates and invests in local media assets focused in small to mid-size markets. Co.'s main products include: daily newspapers; weekly newspapers, which publishe up to three times per week; shoppers, which are generally advertising-only publications; locally-focused websites, which extend Co.'s businesses onto the internet and mobile devices; business publications; UpCurve Cloud and ThriveHive digital marketing; and GateHouse Live. In addition to its main products, Co. also produces publications that address specific local market interests such as recreation, sports, healthcare and real estate.
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Hold (2.00 out of 4)
(ranked lower than approx. 96% of all stocks covered)
Based on Zacks ABR data;
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