USPS Service Performance Consistent Across All Mail Categories

First Quarter 2022 Financial Highlights: • Total revenues of $748.1 million decreased 3.7% compared to the first quarter of 2021 ◦ Same store revenues(1) decreased 2.5% compared to the first quarter of 2021 • Total digital revenues were $251.1 million or 34% of total revenues, up 9.7% over the same period in the prior year on a same store(1) basis • Net loss attributable to Gannett of $3.0 million and margin loss of 0.4% • Cash provided by operating activities of $32.4 million • Free cash flow(1) of $21.7 million

The 10-campus University of California system and 48 private and public academic and research institutions represented by the Statewide California Electronic Library Consortium (SCELC) have reached a new open access agreement with Wiley, one of the world's largest publishers. The three-year deal begins this month and will make more research eligible for open access publication than any partnership of its kind in California. “Some of the most groundbreaking research in the world is done right here in California, driving advances in medicine, environmental sustainability and society. I am excited about this opportunity for more California scholars, from UC and beyond, to make their work freely available so that people around the globe can benefit from and build on their discoveries,” said Maria De Prano, professor of Art History at UC Merced and chair of the UC faculty Academic Senate’s systemwide committee on library and scholarly communication. “I appreciate the partnership of our colleagues at SCELC and Wiley for making open access to California research possible at this scale.”

To be innovative, we can't merely look and mimic what others have done before. The whole idea of blazing a new path is that there was no path there before. Steve Jobs really hit the nail on the head when he said: “Innovation distinguishes between a leader and a follower…”. When one of the biggest awards night in the magazine industry calendar is loudly caveated by just how depressing and difficult the media industry is right now, it feels like the already battered brows are taking another beating. How disappointing on what is meant to be a night of celebration. For one, my table was upbeat, and it was for good reason. Not only for the optimism of four nominations to celebrate, but we have just closed our best ever month, our biggest issues and record revenue performances across our global titles in our 24 year history. In my opinion, the industry needs to stop crying into its champagne glasses and start celebrating the fabulous medium of magazines, the opportunities they pose and find new and innovative ways to get to the huge audience and bustling markets. Click Read More below for additional information.