Industry News

Megaclustering is coming for your daily newspaper

People in the newspaper industry increasingly joke about the triumvirate of Gatehouse Media LLC, Digital First Media Inc. and Gannett Co. (GCI) taking over the bulk of the country’s 1,350 daily newspapers as conglomerate Gannett-Gatehouse-DFMCo. Today, those three companies own a full quarter of the nation’s dailies, as family-run operations dwindle and final generations of newspaper-owning families look for the exits before the passageway becomes too narrow.

At the 25% level, we may seem like a long way away from Gannett-Gatehouse-DFMCo, but a newer phenomenon — megaclustering — moves the industry closer in that direction.

Read the full article from TheStreet: Megaclustering is coming for your daily newspaper