In the shadow of Gannett reportedly getting closer to the Tronc finish line, the company has announced two other bits of media business. And get this – one of them involves Tronc.
On Wednesday, the ever-expanding media company revealed that it has acquired Golfweek magazine. As part of the deal, Golfweek chairman Rance Crain will remain on board as a special adviser to the USA Today Sports Media Group:
“Golfweek gives us amazing depth and expertise to bring to our strong golf audience across the USA Today Network,” says Dave Morgan, president of the USA Today Sports Media Group, who will also serve as publisher of Golfweek. “We are thrilled to add such a trusted and respected brand as Golfweek to the USA TODAY family and are confident that this will provide tremendous new opportunities for Golfweek and our partners.”
And today, Gannett was revealed to be one of the latest investors in Moonlighting, a freelance-jobs exchange. The latest round of $2.3 million in funding from Gannett and Tronc follows a previous infusion from McClatchy:
“By investing in Moonlighting, these three industry leaders are showing how committed they are in delivering innovative digital solutions that can help their readers build their own freelance careers,” said Moonlighting CEO and co-founder Jeff Tennery. “For decades, Gannett, McClatchy and Tronc have been at the forefront of creating commerce in their local communities. Now with Moonlighting, they can help millions of people succeed in the new gig economy.”
In the wake of its 2015 acquisition of Journal Media, Gannett also this week informed that it will be closing in December a Waupaca, Wis. commercial printing plant owned by Journal Community Publishing Group.
Cover image via: Golfweek