Gannett Co., Inc. has acquired the assets of Captivate Network Inc., a national news and entertainment network that delivers quality programming and advertising on elevators in premier office towers
across North America. Terms of the deal were not disclosed. Captivate Network currently has an estimated 1.4 million viewers of screens located in approximately 400 buildings in North America, with
more than 1,000 buildings in 35 markets under contract. The company partners with a number of major media outlets to provide content to the screens. The company plans to add approximately 4,000
elevators in the next 20 months, covering the top 20 markets in the next year.
