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- Too big for its britches, sloppily-run GANNETT no longer prints a Saturday newspaper in hundreds of cities, including St. Augustine, starting March 26, 2022 (yesterday).
- This is what my mother would have called a "false economy."
- Our community does not benefit.
- We are being nickled and dimed by absentee corporate owners that don't give a fig about our Nation's Oldest City.
- GANNETT now owns so many newspapers it can't keep track of them all, reportedly erring in giving out erroneous information about newspapers it claims to have sold but did not own (to the Poynter Institute).
- GANNETT's dodgy Board of Direcctors is unadorned by a single journalist. (Columbia University Journalism School Dean Steve Coll from the Board several years ago, and has not been replaced.)
- GANNETT is a house of cards, dominated by hedge funds and other institutional investors.
- Very little GANNETT stock is owned by living, breathing people.
- Using tax dodges, secretive hedge funds, some with foreign investments, profit from GANNETT's declining news coverage amidst declining revenues, while engaging in alleged wage theft (cheating journalists out of overtime pay).
- Meanwhile, our democracy suffers here in St. Johns County and Florida from lack of news coverage.
- GANNETT is silent, inscrutable and insouciant about our concerns, expressed in January13 letter to Record editor and GANNETT General Counsel.
- What about the allegedly molested newspaper delivery boys?
- GANNETT's Securities and Exchange Commission filings omit any mention of any specific litigation, including the former paperboys' lawsuits, while vaguely warning of future liability in civil litigation.