Gannett Joins CareerBuilder
More than 90 Gannett Newspapers Become CareerBuilder Affiliates; CareerBuilder to Power USATODAY.com's Career Channel
CHICAGO, and MCLEAN, Va., Oct. 2 /PRNewswire-FirstCall/ -- CareerBuilder,
LLC and Gannett Co., Inc. (NYSE: GCI), today announced that Gannett has
acquired a one-third interest in CareerBuilder joining media companies Knight-
Ridder, Inc. (NYSE: KRI) and Tribune Company (NYSE: TRB) as owners. The
companies also announced that more than 90 Gannett newspapers will become
CareerBuilder affiliates and that CareerBuilder will power the career channel
on USATODAY.com.
"We are delighted to be a part of CareerBuilder. CareerBuilder is a
superb online service and has proven itself as one of the nation's leading
recruitment resources," said Douglas H. McCorkindale, Gannett chairman,
president and chief executive officer. "Combining CareerBuilder with the
resources of our 94 newspapers, 22 television stations, and related Web sites
will further advance our position as the leading recruitment solution in our
local markets."
"The addition of Gannett strengthens CareerBuilder's position as the most
powerful integrated job solution in the U.S.," added Bob Montgomery,
CareerBuilder chief executive officer.
In print, CareerBuilder will now deliver local help wanted ads to a
combined Sunday circulation of 15 million through more than 130 newspapers.
Online, CareerBuilder will be exposed to nearly 26 million monthly unique
visitors* through the Gannett, Knight Ridder and Tribune newspaper Web sites,
including http://www.USATODAY.com , and http://CareerBuilder.com .
"Gannett is a great company, and adds a lot to CareerBuilder's momentum in
the marketplace," said John Madigan, Tribune chairman and chief executive
officer. "Along with Tribune and Knight Ridder, Gannett's ability to promote
CareerBuilder through its newspapers, television stations and Internet sites
gives the company a competitive edge that no other online recruitment firm can
match."
"Recruitment is a local proposition," said Tony Ridder, Knight Ridder
chairman and chief executive officer. "Combining newspapers' long history in
help-wanted advertising with CareerBuilder's online solutions creates a best-
of-breed print and online resource in each of our newspaper markets."
For a list of all CareerBuilder affiliates see:
http://www.CareerBuilder.com/Partners.htm
* Data based on August 2002 Nielsen//NetRatings unduplicated audience
total.
Gannett Co., Inc.
Gannett Co., Inc. is an international news and information company that
publishes 94 daily newspapers in the USA, including USA TODAY, the nation's
largest-selling daily newspaper. The company also owns in excess of 400 non-
daily publications in the USA and USA WEEKEND, a weekly newspaper magazine.
In the United Kingdom, Gannett subsidiary Newsquest plc publishes more than
300 titles, including 15 daily newspapers. Gannett also operates 22
television stations in the United States and 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.
CareerBuilder
CareerBuilder is a leading online source for maximizing recruitment
dollars and optimizing job searches with superior products, customer service
and technology. With a unique combination of national, local and niche
audiences, CareerBuilder makes it easy for recruiters to reach the most
qualified candidates with industry-leading market research data and support.
Job seekers can search for the right job from more than 400,000 continuously
updated postings, representing more than 25,000 of the top employers in
virtually every industry, field and location. Together with Gannett Co.,
Inc., Tribune Company (NYSE: TRB) and Knight-Ridder, Inc. (NYSE: KRI),
CareerBuilder includes the Web's top newspaper sites -- the most trusted
employment sources in recruiting. For more information About CareerBuilder
products and services, call 800-891-8880 or visit CareerBuilder at
http://www.careerbuilder.com .
Media Contacts:
Tara Connell, Gannett Co., Inc.
tjconnel@gannett.com
703-854-6049
Christine Hennessey, Tribune Co.
chennessey@tribune.com
312-222-4850
CareerBuilder Media Contact
For all media inquiries and interview requests, contact:
Jennifer Grasz
(P) 773-527-1164
(E) jennifer.grasz@careerbuilder.com
