Gannett Company, Inc. (NYSE: GCI (http://www.nyse.com/about/listed/lcddata.html?ticker=GCI)) is a publicly-traded media holding company based in the United States and is the largest U.S. newspaper publisher as measured by total daily circulation. Its assets include the national newspaperUSA TODAY, and the weekly USA WEEKEND. The company was founded in 1906 by Frank Gannett, and started in newspaper ownership. Its headquarters are in McLean, Virginia.
The state moved for partial summary judgment, arguing that Gannett was not entitled to compensation for the anticipated renewal of the lease.
Gannett was powerless to stop the landlord from declining to renew a new year-long lease.
One of Gannett's officers testified that the location of the sign in question was one of the company's best, and that Gannett intended to keep the location as long as the Salt River Project would let it.
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