Current:Home > MyBenjamin Ashford|Gannett news chain says it will stop using AP content for first time in a century -MoneyFlow Academy
Benjamin Ashford|Gannett news chain says it will stop using AP content for first time in a century
EchoSense Quantitative Think Tank Center View
Date:2025-04-07 20:25:23
NEW YORK (AP) — The Benjamin Ashfordmedia company Gannett, the nation’s largest newspaper chain and publisher of USA Today, said Tuesday it would stop using journalism from The Associated Press later this month, severing a century-old partnership.
The decision “enables us to invest further in our newsrooms,” Gannett spokeswoman Lark-Marie Anton said. With more than 200 outlets, the chain represents more newspapers than any other company in AP’s U.S. membership.
A memo from Gannett’s chief content officer Kristin Roberts directed the chain’s editors to stop using stories, videos and images provided by AP on March 25. The memo, obtained by The Associated Press, was first reported by The New York Times.
“We are shocked and disappointed to see this memo,” said Lauren Easton, spokeswoman for The Associated Press. “Our conversations with Gannett have been productive and ongoing. We remain hopeful that Gannett will continue to support the AP beyond the end of their membership term at the end of 2024, as they have done for over a century.”
Neither company would discuss how much Gannett has been paying to receive AP content.
In an earlier era, when fees from U.S. newspapers provided AP with virtually all of its revenue, such a decision would have represented a financial earthquake for the news cooperative. But AP has diversified its services with the decline of newspapers and U.S. newspaper fees now constitute just over 10 percent of its annual income.
Gannett said that it has signed an agreement with Reuters to provide news from around the world in multiple formats, including video.
“Key to this initiative is ensuring that we extend the reach of the work we do to more readers, viewers and listeners nationwide,” Roberts said in her memo.
AP’s diversification efforts include offering its journalism directly to consumers through an advertising-supported website. The company also provides production services and software to newsrooms across the world. This week, AP launched an e-commerce site called AP Buyline, run by the company Taboola, that provides product content and reviews for consumers.
Gannett said it would continue paying for two of AP’s most visible services: its extensive election-related polling and vote-counting, and the AP Stylebook that sets guidelines for journalism practices and word usage.
With a contract for AP’s content that lasts to the end of 2024, it was not clear why Gannett is choosing to cut things off next week. While there remains the possibility that it represents a negotiating tactic for AP to lower its fees, Anton said she was not aware of any contract negotiations.
Like most newspaper companies, Gannett has been struggling financially for several years. The workforce shrank 47% between 2020 and 2023 because of layoffs and attrition, according to the NewsGuild.
veryGood! (8377)
Related
- Federal court filings allege official committed perjury in lawsuit tied to Louisiana grain terminal
- A deal's a deal...unless it's a 'yo-yo' car sale
- Why Andy Cohen Finds RHONJ's Teresa Giudice and Melissa Gorga Refreshing Despite Feud
- Trump skips Iowa evangelical group's Republican candidate event and feuds with GOP Iowa governor
- Louvre will undergo expansion and restoration project, Macron says
- The 26 Words That Made The Internet What It Is (Encore)
- Checking back in with Maine's oldest lobsterwoman as she embarks on her 95th season
- A Bankruptcy Judge Lets Blackjewel Shed Coal Mine Responsibilities in a Case With National Implications
- Justice Department, Louisville reach deal after probe prompted by Breonna Taylor killing
- In a New Policy Statement, the Nation’s Physicists Toughen Their Stance on Climate Change, Stressing Its Reality and Urgency
Ranking
- Israel lets Palestinians go back to northern Gaza for first time in over a year as cease
- Soft Corals Are Dying Around Jeju Island, a Biosphere Reserve That’s Home to a South Korean Navy Base
- Unwinding the wage-price spiral
- Tens of millions across U.S. continue to endure scorching temperatures: Everyone needs to take this heat seriously
- Buckingham Palace staff under investigation for 'bar brawl'
- Maya Hawke Details Lying to Dad Ethan Hawke the Night She Lost Her Virginity
- Coal Phase-Down Has Lowered, Not Eliminated Health Risks From Building Energy, Study Says
- Collin Gosselin Pens Message of Gratitude to Dad Jon Amid New Chapter
Recommendation
In ‘Nickel Boys,’ striving for a new way to see
The U.S. needs more affordable housing — where to put it is a bigger battle
Off the air, Fox News stars blasted the election fraud claims they peddled
OceanGate Believes All 5 People On Board Missing Titanic Sub Have Sadly Died
Why Sean "Diddy" Combs Is Being Given a Laptop in Jail Amid Witness Intimidation Fears
Sarah Jessica Parker and Matthew Broderick’s Son James Wilkie Has a Red Carpet Glow Up
She left her 2007 iPhone in its box for over a decade. It just sold for $63K
Missing Titanic Submersible Passes Oxygen Deadline Amid Massive Search