Third Quarter 2022 Financial Highlights: • Total revenues of $717.9 million decreased 10.3% compared to the third quarter of 2021 ◦ Same store revenues(2) decreased 9.0% compared to the third quarter of 2021 • Total digital revenues were $256.4 million or 35.7% of total revenues, down 2.3% over the same period in the prior year on a same store(2) basis mainly as a result of weakness in digital media year-over-year • Net loss attributable to Gannett of $54.1 million, a loss margin of 7.5% • Cash provided by operating activities of $31.3 million • Free cash flow(2) of $18.6 million
Two Northern Rhode Island dailies, The Call of Woonsocket and The Times of Pawtucket, are merging into a single paper.
The new paper will be published six days a week, including a weekend edition on Saturdays, The Public’s Radio, NPR’s Rhode Island member network, reported. The Sunday edition of The Call is being shuttered.
The combined staffs include two news reporters, two sports reporters and one photographer. Seth Bromley is editor of both, The Public’s Radio continues.
more at: https://www.mediapost.com/publications/article/390693/northern-rhode-island-dailies-merge-into-one.html