Gannett Joins CareerBuilder
CHICAGO and McLEAN, VA. Oct. 2, 2002– 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 USATODAY.com, and 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: https://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 https://www.careerbuilder.com.
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