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Gannett's Business Split And What It Means

US media group Gannett, which owns USA Today and the UK local publisher Newsquest, says splitting its publishing and digital operations into two separate businesses will "drive innovation" – and could lead to more media acquisitions. The group hopes the move will create "an emerging digital powerhouse" on the one side, while remaining committed to "award-winning journalism" across multiple platforms on the other, according to Gracia Martore, chief executive of Gannett, speaking during a conference call to investors yesterday.

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