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Gannett Completes Acquisition of WATL-TV Channel 36 in Atlanta.


MCLEAN, Va. -- Gannett Co., Inc. (NYSE NYSE

See: New York Stock Exchange
:GCI GCI Ground Circuit Interrupter
GCI Getty Conservation Institute
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GCI Green Cross International (non-profit international environmental organization)
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) announced today that it has completed the acquisition of WATL-TV, Channel 36, from Tribune Company. Gannett also will continue to own and operate WXIA-TV, the NBC affiliate in Atlanta.

The deal was closed after the successful completion of a regulatory review.

"Atlanta is a first-rate television market, and we are pleased to be able to expand our operations there," said Roger Ogden, president and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board.  of Gannett Broadcast. "There is much added value for our viewers in this arrangement, and we are confident they will be excited by the end result."

Ownership of the two stations in Atlanta creates Gannett's third duopoly. The first is in Jacksonville, FL, where Gannett owns and operates WTLV-TV, the NBC affiliate, and WJXX-TV, the ABC ABC
 in full American Broadcasting Co.

Major U.S. television network. It began when the expanding national radio network NBC split into the separate Red and Blue networks in 1928.
 affiliate. The other is in Denver, where Gannett owns K*USA-TV, the NBC affiliate, and KTVD-TV, which becomes a MyNetworkTV affiliate in September.

WATL-TV also will become a MyNetworkTV affiliate in September.

In addition to the stations in Atlanta, Denver and Jacksonville, Gannett Co., Inc. operates: W*USA, Washington, DC; KARE KARE Katrina Assistance Relief Effort (Arkansas)
KARE Kentucky Alternative Recovery Effort (for nurses)
KARE Katrina Aggie Relief Effort (Texas A&M University) 
, Minneapolis; WTSP WTSP White-Throated Sparrow (Zonotrichia albicollis) , Tampa-St. Petersburg; WKYC, Cleveland; KPNX, Phoenix, KNAZ, Flagstaff; KXTV, Sacramento; KSDK, St. Louis; WZZM, Grand Rapids, MI; WFMY, Greensboro, NC; WGRZ, Buffalo, NY; KTHV, Little Rock; WBIR WBIR Workshop on Biomedical Image Registration (Netherlands) , Knoxville, TN; WCSH, Portland, ME; WLTX, Columbia, SC; WMAZ, Macon, GA; and WLBZ, Bangor, ME.

Gannett also publishes 90 daily newspapers in the USA, including USA TODAY, the nation's largest-selling daily newspaper. The company also owns nearly 1,000 non-daily publications in the USA and USA WEEKEND, a weekly newspaper magazine. Gannett subsidiary Newsquest is the United Kingdom's second largest regional newspaper company. Newsquest publishes more than 300 titles, including 17 daily newspapers, and a network of prize-winning Web sites. Gannett is an Internet leader with sites sponsored by its TV stations and newspapers including USATODAY.com, one of the most popular news sites on the Web.
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No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2006, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Geographic Code:1USA
Date:Aug 7, 2006
Words:315
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