• AP, Monday, March 13, 2006 11:30 AM

Who says you can't make a good buck in the newspaper business these days?  Douglas H. McCorkindale, chairman of Gannett, the country's largest newspaper publisher, received $4.06 million last year, down from $4.23 million the year before.  Also, according to the Associated Press, McCorkindale received "other annual compensation" of $82,171 for 2005, compared with $82,497 for the prior year.  He received for 2005 "all other compensation" of $23,904, down from $93,076 for 2004. Gannett said President and Chief Executive Craig A. Dubow received a 2005 salary of $780,025 and a bonus worth $1.2 million, compared with a2004 salary of $550,000 and bonus worth $350,000.  Gannett, which publishes USA Today and 90 other U.S. daily newspapers, mainly in small- to mid-size markets, had 2005 revenue of $7.6 billion.

Read the whole story at AP »