Gannett (GCI) 10-K 24 Feb 22 2021 FY Annual report Financial data

Cover Page

Cover Page - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2021	Feb. 18, 2022	Jun. 30, 2021
Document Information
Document Type	10-K
Document Annual Report	true
Document Period End Date	Dec. 31, 2021
Current Fiscal Year End Date	--12-31
Document Transition Report	false
Entity File Number	001-36097
Entity Registrant Name	GANNETT CO., INC.
Entity Incorporation, State or Country Code	DE
Entity Tax Identification Number	38-3910250
Entity Address, Address Line One	7950 Jones Branch Drive,
Entity Address, City or Town	McLean,
Entity Address, State or Province	VA
Entity Address, Postal Zip Code	22107-0910
City Area Code	703
Local Phone Number	854-6000
Entity Well-known Seasoned Issuer	Yes
Entity Voluntary Filers	No
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Large Accelerated Filer
Entity Small Business	false
Entity Emerging Growth Company	false
ICFR Auditor Attestation Flag	true
Entity Shell Company	false
Entity Public Float			$ 765.3
Entity Common Stock, Shares Outstanding		142,779,210
Documents Incorporated by Reference	The definitive proxy statement relating to the registrant's Annual Meeting of Stockholders for 2022 is incorporated by reference in Part III to the extent described therein.
Amendment Flag	false
Document Fiscal Year Focus	2021
Document Fiscal Period Focus	FY
Entity Central Index Key	0001579684
Common stock
Document Information
Title of Each Class	Common Stock, par value $0.01 per share
Trading Symbol	GCI
Name of Each Exchange on Which Registered	NYSE
Preferred Stock Purchase Rights
Document Information
Title of Each Class	Preferred Stock Purchase Rights
Name of Each Exchange on Which Registered	NYSE

Audit Information

Audit Information	12 Months Ended
	Dec. 31, 2021
Auditor Information [Abstract]
Auditor Name	Ernst & Young LLP
Auditor Firm ID	42
Auditor Location	Tysons, VA

CONSOLIDATED BALANCE SHEETS

CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Dec. 31, 2021	Dec. 31, 2020
Current assets:
Cash and cash equivalents	$ 130,756	$ 170,725
Accounts receivable, net of allowance for doubtful accounts of $16,470 and $20,843, respectively	328,733	314,305
Inventories	37,662	35,075
Prepaid expense and other current assets	80,110	116,581
Total current assets	577,261	636,686
Property, plant and equipment, net	415,384	590,272
Operating lease assets	271,935	289,504
Goodwill	533,709	534,088
Intangible assets, net	713,153	824,650
Deferred tax assets	32,399	90,240
Pension plan and other assets	284,228	143,474
Total assets	2,828,069	3,108,914
Current liabilities:
Accounts payable and accrued liabilities	357,014	378,246
Deferred revenue	184,838	186,007
Current portion of long-term debt	69,456	128,445
Other current liabilities	51,218	48,602
Total current liabilities	662,526	741,300
Long-term debt	769,446	890,323
Convertible debt	393,354	581,405
Deferred tax liabilities	28,812	6,855
Pension and other postretirement benefit obligations	71,937	99,765
Long-term operating lease liabilities	254,969	274,460
Other long-term liabilities	117,410	151,847
Total noncurrent liabilities	1,635,928	2,004,655
Total liabilities	2,298,454	2,745,955
Redeemable noncontrolling interests	0	(1,150)
Commitments and contingent liabilities (see Note 14)
Equity
Preferred stock, $0.01 par value, 300,000 shares authorized, of which 150,000 shares are designated as Series A Junior Participating Preferred Stock, none of which were outstanding at December 31, 2021 and December 31, 2020	0	0
Common stock, $0.01 par value, 2,000,000,000 shares authorized; 144,667,389 shares issued and 142,299,399 shares outstanding at December 31, 2021; 139,494,741 shares issued and 138,102,993 shares outstanding at December 31, 2020	1,446	1,395
Treasury stock, at cost, 2,367,990 and 1,391,748 shares at December 31, 2021 and December 31, 2020, respectively	(8,151)	(4,903)
Additional paid-in capital	1,400,206	1,103,881
Accumulated deficit	(921,399)	(786,437)
Accumulated other comprehensive income	59,998	50,173
Total Gannett stockholders equity	532,100	364,109
Stockholders' Equity Attributable to Noncontrolling Interest	(2,485)	0
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest	529,615	364,109
Total liabilities and equity	$ 2,828,069	$ 3,108,914

CONSOLIDATED BALANCE SHEETS (Pa

CONSOLIDATED BALANCE SHEETS (Parenthetical) - USD ($) $ in Thousands	Dec. 31, 2021	Dec. 31, 2020
Trade receivables, allowance for doubtful receivables	$ 16,470	$ 20,843
Preferred stock, par value (in dollars per share)	$ 0.01	$ 0.01
Preferred stock authorized (in shares)	300,000	300,000
Preferred stock, issued (in shares)	0
Preferred stock, outstanding (in shares)	0	0
Common stock, par value (in dollars per share)	$ 0.01	$ 0.01
Common stock, authorized (in shares)	2,000,000,000	2,000,000,000
Common stock, issued (in shares)	144,667,389	139,494,741
Common stock, outstanding (in shares)	142,299,399	138,102,993
Treasury stock (in shares)	2,367,990	1,391,748
Series A Junior Participating Preferred Stock
Preferred stock, issued (in shares)	150,000	150,000
Preferred stock, outstanding (in shares)	0

CONSOLIDATED STATEMENTS OF OPER

CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME (LOSS) - USD ($) $ in Thousands		12 Months Ended
		Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Total operating revenues		$ 3,208,083	$ 3,405,670	$ 1,867,909
Operating costs		1,901,564	2,034,272	1,079,593
Selling, general and administrative expenses		902,064	999,789	602,106
Depreciation and amortization		203,958	263,819	111,882
Integration and reorganization costs		49,284	145,731	52,212
Asset impairments		3,976	11,029	3,009
Goodwill and intangible impairments		0	393,446	100,743
Loss (gain) on sale or disposal of assets, net		17,208	(5,680)	4,723
Other operating expenses		20,952	11,152	60,618
Total operating expenses		3,099,006	3,853,558	2,014,886
Operating income (loss)		109,077	(447,888)	(146,977)
Interest expense		135,748	228,513	63,660
Loss on early extinguishment of debt		48,708	43,760	6,058
Non-operating pension income		(95,357)	(72,149)	(9,085)
Loss on convertible notes derivative		126,600	74,329	0
Other non-operating income, net		(18,701)	(16,494)	(426)
Non-operating expense		196,998	257,959	60,207
Loss before income taxes		(87,921)	(705,847)	(207,184)
Provision (benefit) for income taxes		48,250	(33,450)	(85,994)
Net loss		(136,171)	(672,397)	(121,190)
Net loss attributable to noncontrolling interests		(1,209)	(1,918)	(1,348)
Net loss attributable to Gannett		$ (134,962)	$ (670,479)	$ (119,842)
(Loss) per share attributable to Gannett - basic (in dollars per share)		$ (1)	$ (5.09)	$ (1.77)
(Loss) per share attributable to Gannett - diluted (in dollars per share)		(1)	(5.09)	(1.77)
Dividends declared per share (in dollars per share)		$ 0	$ 0	$ 1.52
Other comprehensive income:
Foreign currency translation adjustments		$ (604)	$ 2,466	$ 7,266
Pension and other postretirement benefit items:
Net actuarial gain		13,811	60,471	12,534
Amortization of net actuarial loss		64	37	86
Change in prior service cost		0	(1,905)	0
Other		(387)	(2,108)	305
Total pension and other postretirement benefit items		13,488	56,495	12,925
Other comprehensive income before tax		12,884	58,961	20,191
Income tax provision related to components of other comprehensive income		3,059	16,990	5,108
Other comprehensive income, net of tax	[1]	9,825	41,971	15,083
Comprehensive loss		(126,346)	(630,426)	(106,107)
Comprehensive loss attributable to noncontrolling interests	[2]	(1,209)	(1,918)	(1,348)
Comprehensive loss attributable to Gannett		(125,137)	(628,508)	(104,759)
Advertising and marketing services
Total operating revenues		1,651,161	1,710,244	952,644
Circulation
Total operating revenues		1,249,674	1,391,996	704,842
Other
Total operating revenues		$ 307,248	$ 303,430	$ 210,423
[1]	(b)
[2]	(a) For the years ended December 31, 2021, 2020 and 2019, Net loss attributable to noncontrolling interests included $1.1 million $1.9 million, and $1.3 million, respectively, relating to redeemable noncontrolling interests.

CONSOLIDATED STATEMENTS OF CASH

CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Operating activities
Net loss	$ (136,171)	$ (672,397)	$ (121,190)
Adjustments to reconcile net loss to operating cash flows:
Depreciation and amortization	203,958	263,819	111,882
Share-based compensation expense	18,439	26,350	11,324
Non-cash interest expense	25,507	24,086	3,851
Non-cash acquisition related costs	0	0	26,411
Provision (benefit) for deferred income taxes	44,970	(30,175)	(87,765)
Loss (gain) on sale or disposal of assets, net	17,208	(5,680)	4,723
Loss on convertible notes derivative	126,600	74,329	0
Loss on early extinguishment of debt	48,708	43,760	6,058
Asset impairments	3,976	11,029	3,009
Goodwill and intangible impairments	0	393,446	100,743
Pension and other postretirement benefit obligations	(150,824)	(117,522)	(100,452)
Change in assets and liabilities:
Accounts receivables, net	(33,246)	111,506	12,608
Inventory	(2,824)	19,965	5,150
Prepaid expenses	5,576	4,078	7,016
Accounts payable and accrued liabilities	(33,457)	(66,377)	44,311
Deferred revenue	931	(19,348)	(8,326)
Other assets and liabilities	(11,898)	(3,099)	6,182
Cash provided by operating activities	127,453	57,770	25,535
Investing activities
Acquisitions, net of cash acquired	(125)	0	(796,502)
Purchases of property, plant, and equipment	(39,560)	(36,975)	(13,978)
Proceeds from sale of publications, real estate and other assets	111,765	196,344	27,486
Insurance proceeds received for damage to property	0	1,643	0
Change in other investing activities	(1,433)	(876)	(2,066)
Cash provided by (used for) investing activities	70,647	160,136	(785,060)
Financing activities
Payments of debt issuance costs	(21,071)	(2,307)	(121,223)
Borrowings of long-term debt	1,934,940	0	1,792,000
Borrowings under revolving credit facility	0	0	153,900
Repayments of long-term debt	(2,156,046)	(681,050)	(481,058)
Repayments under revolving credit facility	0	0	(153,900)
Repurchase of convertible debt	(15,012)	0	(197,950)
Proceeds from convertible debt	0	497,094	0
Payments of dividends	0	0	(91,936)
Changes in other financing activities	(3,983)	(15,079)	(920)
Cash provided by (used for) financing activities	(261,172)	(201,342)	898,913
Effect of currency exchange rate change	(35)	1,498	(3,494)
Increase (decrease) in cash, cash equivalents and restricted cash	(63,107)	18,062	135,894
Balance of cash, cash equivalents and restricted cash at beginning of year	206,726	188,664	52,770
Cash, cash equivalents and restricted cash at end of year	$ 143,619	$ 206,726	$ 188,664

CONSOLIDATED STATEMENTS OF EQUI

CONSOLIDATED STATEMENTS OF EQUITY - USD ($) shares in Thousands, $ in Thousands		Total	Adjustment	Common stock	Additional paid-in capital	Accumulated Other Comprehensive income (loss)	Retained earnings (accumulated deficit)	Retained earnings (accumulated deficit)Adjustment	Treasury stock	Non-controlling interests	[2]	Former Stockholders	Former StockholdersCommon stock	Former StockholdersAdditional paid-in capital	Former Manager	Former ManagerCommon stock	Former ManagerAdditional paid-in capital
Beginning Balance at Dec. 30, 2018		$ 717,223	$ 117	$ 605	$ 721,605	$ (6,881)	$ 3,767	$ 117	$ (1,873)
Beginning Balance (in shares) at Dec. 30, 2018				60,508					202
Increase (Decrease) in Stockholders' Equity
Net loss attributable to Gannett		(119,842)					(119,842)
Restricted share grants		0		$ 3	(3)
Restricted share grants ( in shares)				301
Restricted stock awards settled, net of withholdings		(442)		$ 20	(462)
Restricted stock awards settled, net of withholdings (in shares)				1,982
Other comprehensive income, net of income taxes	[1]	15,083				15,083
Share-based compensation expense		11,324			11,324
Issuance of common stock												$ 423,856	$ 624	$ 423,232	$ 26,411	$ 42	$ 26,369
Issuance of common stock (in shares)													62,390			4,206
Purchase of treasury stock		(1,002)							$ (1,002)
Purchase of treasury stock (in shares)									68
Restricted share forfeiture		50			51				$ (1)
Restricted share forfeiture (in shares)									125
Dividends declared		(91,838)			(91,838)
Other activity		416			416
Ending Balance at Dec. 31, 2019		981,356		$ 1,294	1,090,694	8,202	(115,958)		$ (2,876)
Ending Balance (in shares) at Dec. 31, 2019				129,387					395
Increase (Decrease) in Stockholders' Equity
Net loss attributable to Gannett		(670,479)					(670,479)
Restricted share grants		(2)		$ 58	(60)
Restricted share grants ( in shares)				5,846
Restricted stock awards settled, net of withholdings		(11,001)		$ (36)	(11,037)
Restricted stock awards settled, net of withholdings (in shares)				3,585
Other comprehensive income, net of income taxes	[1]	41,971				41,971
Share-based compensation expense		26,350			26,350
Issuance of common stock		1,621		$ 7	1,614
Issuance of common stock (in shares)				677
Remeasurement of redeemable noncontrolling interests		(3,878)			(3,878)
Purchase of treasury stock		(2,020)							$ (2,020)
Purchase of treasury stock (in shares)									349
Restricted share forfeiture		(7)			0				$ (7)
Restricted share forfeiture (in shares)									648
Other activity		198			198
Ending Balance at Dec. 31, 2020		364,109		$ 1,395	1,103,881	50,173	(786,437)		$ (4,903)
Ending Balance (in shares) at Dec. 31, 2020				139,495					1,392
Increase (Decrease) in Stockholders' Equity
Net loss attributable to Gannett		(135,028)					(134,962)			$ (66)
Restricted share grants		0		$ 39	(39)
Restricted share grants ( in shares)				3,883
Restricted stock awards settled, net of withholdings		(1,902)		$ (10)	(1,912)
Restricted stock awards settled, net of withholdings (in shares)				1,072
Other comprehensive income, net of income taxes	[1]	9,825				9,825
Share-based compensation expense		18,439			18,439
Equity component - 2027 Notes		279,557			279,557
Issuance of common stock		138		$ 2	136
Issuance of common stock (in shares)				217
Remeasurement of redeemable noncontrolling interests		126			126
Purchase of treasury stock		(3,244)							$ (3,244)
Purchase of treasury stock (in shares)									597
Restricted share forfeiture		(4)			0				$ (4)
Restricted share forfeiture (in shares)									379
Other activity		(2,401)			18					(2,419)
Ending Balance at Dec. 31, 2021		$ 529,615		$ 1,446	$ 1,400,206	$ 59,998	$ (921,399)		$ (8,151)	$ (2,485)
Ending Balance (in shares) at Dec. 31, 2021				144,667					2,368
[1]	(b)
[2]	(a) Excludes Redeemable noncontrolling interests which are reflected in temporary equity.

CONSOLIDATED STATEMENTS OF EQ_2

CONSOLIDATED STATEMENTS OF EQUITY (Parenthetical) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Statement of Stockholders' Equity [Abstract]
Income tax provision related to components of other comprehensive income	$ 3,059	$ 16,990	$ 5,108

CONSOLIDATED STATEMENTS OF OP_2

CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME (LOSS) (Parenthetical) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Income Statement [Abstract]
Net loss attributable to noncontrolling interests	$ 1.1	$ 1.9	$ 1.3

Description of business and bas

Description of business and basis of presentation	12 Months Ended
	Dec. 31, 2021
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Description of business and basis of presentation	NOTE 1 — Description of business and basis of presentation Description of business Gannett Co., Inc. ("Gannett", "we", "us", "our", or the "Company") is a subscription-led and digitally-focused media and marketing solutions company committed to empowering communities to thrive. Gannett operates a scalable, data-driven media platform that aligns with our consumer and digital marketing trends. We aim to be the premier source for clarity, connections, and solutions within our communities. Our strategy is focused on driving audience growth and engagement by delivering deeper content experiences to our consumers, while offering the products and marketing expertise our advertisers desire. The execution of this strategy is expected to enable us to continue our evolution from a more traditional print media business to a digitally-focused content platform. Our current portfolio of media assets includes USA TODAY, local media organizations in 45 states in the U.S., and Newsquest, a wholly-owned subsidiary operating in the United Kingdom (the "U.K.") with more than 120 local media brands. We also operate a digital marketing solutions company branded LOCALiQ, that provides a cloud-based platform of products to enable small and medium businesses ("SMBs") to accomplish their marketing goals. In addition, we run what we believe is the largest media-owned events business in the U.S., USA TODAY NETWORK Ventures. Through USA TODAY, our local property network, and Newsquest, we deliver high-quality, trusted content with a commitment to balanced, unbiased journalism, where and when consumers want to engage with it on virtually any device or platform. Additionally, the Company has strong relationships with thousands of local and national businesses in both our U.S. and U.K. markets due to our large local and national sales forces and a robust advertising and marketing solutions product suite. The Company reports in two segments, Publishing and Digital Marketing Solutions ("DMS ") . We also have a Corporate and other category that includes activities not directly attributable to a specific reportable segment and includes broad corporate functions such as legal, human resources, accounting, analytics, finance, and marketing. A full description of our reportable segments is included in Note 15 — Segment reporting in the notes to the Consolidated financial statements. Until November 19, 2019, our corporate name was New Media Investment Group Inc. ("Legacy New Media") and Gannett Co., Inc. was a separate publicly traded company. On November 19, 2019, New Media completed its acquisition of Gannett Co., Inc. (which was renamed Gannett Media Corp. and is referred to as "Legacy Gannett"). In connection with the acquisition, New Media changed its name to Gannett Co., Inc. and assumed Legacy Gannett's ticker symbol "GCI" (having previously traded under "NEWM"). In addition, effective at 11:59 p.m. Eastern Time on December 31, 2020, the Company's former management agreement (the "Former Management Agreement") with FIG LLC (the "Former Manager") was terminated. Impacts of the COVID-19 pandemic As a result of the COVID-19 pandemic, we experienced a significant decline in Advertising and marketing services revenues, which accelerated the secular declines that we continue to experience. In addition, we continue to experience constraints on the sales of single copy newspapers, largely tied to business travel and in-person events. While we have seen operating trends improve since the second quarter of 2020, which represents the quarter that was most significantly impacted by the pandemic, we expect that the COVID-19 pandemic will continue to have a negative impact on our business and results of operations in the near-term, including lower revenues associated with events and lower sales of single copy newspapers, largely as a result of reduced business travel. If the COVID-19 pandemic were to revert to conditions that existed during 2020, including measures to help mitigate and control the spread of the virus, we would expect to experience further negative impacts in Advertising and marketing services revenues and Circulation revenues. In connection with the Coronavirus Aid, Relief and Economic Security Act (the "CARES Act"), the Company received Paycheck Protection Program ("PPP") funding in support of certain of our locations that were meaningfully affected by the COVID-19 pandemic totaling $16.4 million, which was included in Operating activities in the Consolidated statements of cash flows for the year ended December 31, 2021. As permitted under the CARES Act, during 2021, the Company received forgiveness for all of such loans, which was recognized in earnings in the Consolidated statements of operations and comprehensive income (loss) as an offset to Operating costs of $12.1 million and Selling, general, and administrative expenses of $4.3 million. Basis of presentation The Consolidated financial statements include all the assets, liabilities, revenues, expenses and cash flows of entities which Gannett controls due to ownership of a majority voting interest ("subsidiaries"). All significant intercompany accounts and transactions have been eliminated in consolidation. The Company consolidates entities that it controls due to ownership of a majority voting interest. Use of estimates The preparation of the financial statements in conformity with U.S. generally accepted accounting principles ("GAAP") requires management to make estimates and assumptions that affect the amounts reported in the Consolidated financial statements and footnotes thereto. Actual results could differ materially from those estimates.

Summary of significant accounti

Summary of significant accounting policies	12 Months Ended
	Dec. 31, 2021
Accounting Policies [Abstract]
Summary of significant accounting policies	NOTE 2 — Summary of significant accounting policies Cash, cash equivalents and restricted cash and Supplementary cash flow information Cash equivalents represent highly liquid certificates of deposit which have original maturities of three months or less. Restricted cash is held as cash collateral for certain business operations. Restricted cash primarily consists of funding for letters of credit, cash held in an irrevocable grantor trust for our deferred compensation plans and cash held with banking institutions for insurance plans. The following table presents a reconciliation of cash, cash equivalents and restricted cash: December 31, In thousands 2021 2020 2019 Cash and cash equivalents $ 130,756 $ 170,725 $ 156,042 Restricted cash, included in prepaid expenses and other current assets 4,606 11,356 10,800 Restricted cash, included in other assets 8,257 24,645 21,822 Total cash, cash equivalents and restricted cash $ 143,619 $ 206,726 $ 188,664 The following table presents supplementary cash flow information, including non-cash investing and financing activities: Year ended December 31, In thousands 2021 2020 2019 Net cash (refund) paid for taxes $ (8,324) $ (3,964) $ 1,192 Cash paid for interest 103,879 218,110 40,208 Non-cash investing and financing activities: Accrued capital expenditures 1,682 544 2,227 Common stock issued in exchange for Legacy Gannett shares — — 391,809 Accounts receivable Accounts receivable are stated at amounts due from customers, net of an allowance for doubtful accounts. The Company’s allowance for doubtful accounts is based upon several factors including the length of time the receivables are past due, historical payment trends and current economic factors. The Company generally does not require collateral. Inventories Inventory consists principally of newsprint, which is valued at the lower of net realizable value. Cost is determined using the first-in, first-out ("FIFO") method. Property, plant, and equipment, software development costs and depreciation Property, plant, and equipment are recorded at cost or at fair value for property, plant and equipment related to acquired businesses. Routine maintenance and repairs are expensed as incurred. Depreciation is calculated under the straight-line method over the estimated useful lives. Leasehold improvements are amortized under the straight-line method over the shorter of the lease term or estimated useful life of the asset. We capitalize costs to develop software for internal use when it is determined the development efforts will result in new or additional functionality or new products. Costs incurred prior to meeting these criteria and costs associated with ongoing maintenance are expensed as incurred and included in Operating costs in the accompanying Consolidated statements of operations and comprehensive income (loss). Property, plant and equipment and software development costs are evaluated for impairment in accordance with our policy for amortizable intangible assets and other long-lived assets. A breakout of property, plant and equipment and software is presented below: December 31, In thousands 2021 2020 Useful Lives (range) Land $ 48,389 $ 74,549 Buildings and improvements 239,414 348,591 10 years - 30 years Machinery and equipment 352,372 426,348 3 years - 20 years Furniture, fixtures and computer software (a) 101,571 96,739 3 years - 10 years Construction in progress 10,138 6,074 Total 751,884 952,301 Less: accumulated depreciation (336,500) (362,029) Property, plant and equipment, net $ 415,384 $ 590,272 (a) Costs capitalized as internal use software are amortized on a straight-line basis over an estimated useful life of 3 to 5 years. Depreciation expense was $100.9 million, $155.3 million, and $67.2 million for the years ended December 31, 2021, 2020, and 2019, respectively. Business combinations The operating results of the acquired business are reflected in the Company’s consolidated financial statements as of the acquisition date. We allocate the fair value of purchase consideration to the tangible assets acquired, liabilities assumed, and intangible assets acquired based on their estimated fair values. Any excess of the purchase price over the estimated fair values of net assets acquired is recorded as goodwill. Goodwill is assigned to the reporting unit that benefits from the synergies arising from the business combination. When determining the fair value of assets acquired and liabilities assumed, we make significant estimates and assumptions, especially with respect to intangible assets. Transaction costs are expensed as incurred. Critical estimates in valuing certain identifiable assets include, but are not limited to, expected long-term revenues, future expected operating expenses, cost of capital, and appropriate discount rates. Our estimates of fair value are based upon assumptions believed to be reasonable but which are inherently uncertain and unpredictable and, as a result, actual results may differ from estimates. Goodwill, intangible and long-lived assets Goodwill represents the excess of acquisition cost over the fair value of assets acquired, including identifiable intangible assets, net of liabilities assumed. Indefinite-lived intangible assets consist of newspaper mastheads and finite-lived intangible assets consist of advertiser, customer and subscriber relationships, we well as trade names, and developed technology. Newspaper mastheads are not amortized because it has been determined that the useful lives of such mastheads are indefinite. Intangible assets that have finite useful lives are amortized over those useful lives. Goodwill is tested for impairment annually on the last day of our second quarter or between annual tests if events occur or circumstances change that would more likely than not reduce the fair value of a reporting unit below its carrying amount. We perform our impairment analysis on each of our reporting units. We evaluate our reporting units annually, as well as when changes in our operating structure occur. The Company has the option to qualitatively assess whether it is more likely than not that the fair value of a reporting unit is less than its carrying value. If the Company elects to perform a qualitative assessment and concludes it is more likely than not that the fair value of the reporting unit is equal to or greater than its carrying value, no further assessment of that reporting unit’s goodwill is necessary; otherwise goodwill must be tested for impairment. In the quantitative test, we are required to determine the fair value of each reporting unit and compare it to the carrying amount of the reporting unit. Fair value of the reporting unit is defined as the price that would be received to sell the unit as a whole in an orderly transaction between market participants at the measurement date. The Company generally determines the fair value of a reporting unit using a combination of a discounted cash flow analysis and a market-based approach. Estimates of fair value include inputs that are subjective in nature, involve uncertainties, and involve matters of significant judgment that are made at a specific point in time. Changes in key assumptions from period to period could significantly affect the estimates of fair value. Significant assumptions used in the fair value estimates include projected revenues and related growth rates over time, projected operating cash flow margins, discount rates, and future economic and market conditions. If the carrying value of the reporting unit exceeds the estimate of fair value, we calculate the impairment as the excess of the carrying value of goodwill over its implied fair value. Indefinite-lived intangible assets, which are newspaper mastheads, are tested for impairment annually on the last day of our second quarter or more frequently if events or changes in circumstances indicate the asset might be impaired. The impairment test consists of a comparison of the fair value of each group of mastheads with their carrying amount. We used a relief from royalty approach which utilizes a discounted cash flow model to determine the fair value of newspaper mastheads. Our judgments and estimates of future operating results in determining the reporting unit fair values are consistently applied in determining the fair value of mastheads. The Company assesses the recoverability of its long-lived assets, including property, plant and equipment and finite-lived intangible assets, whenever events or changes in circumstances indicate their carrying amounts may not be recoverable. The evaluation is performed by asset group, which is the lowest level of identifiable cash flows independent of other assets. The assessment of recoverability is based on management’s estimates by comparing the sum of the estimated undiscounted cash flows generated by the underlying asset groups to its carrying value of the asset groups to determine whether an impairment existed at its lowest level of identifiable cash flows. If the carrying amount of the asset group is greater than the expected undiscounted cash flows to be generated by the asset group, an impairment is recognized to the extent the carrying value of such asset group exceeds its fair value. All three of our reporting units have goodwill balances. See Note 7 — Goodwill and intangible assets for a discussion of impairment charges taken on Goodwill and intangible assets in the second fiscal quarter of 2020. At June 30, 2021, we conducted our annual goodwill and indefinite-lived intangible asset impairment testing and did not identify any impairment. We have not subsequently identified any indicators of impairment that would indicate our reporting units are at risk of failing the goodwill or indefinite-lived intangible asset impairment test. Income taxes Income taxes are accounted for under the asset and liability method. Deferred tax assets and liabilities are recognized for the future tax consequences attributable to differences between the financial statement carrying amounts of existing assets and liabilities and their respective tax basis and operating loss and tax credit carryforwards. Deferred tax assets and liabilities are measured using enacted tax rates expected to apply to taxable income in the years in which those temporary differences are expected to be recovered or settled. The effect on deferred tax assets and liabilities of a change in tax rates is recognized in income in the period that includes the enactment date. The Company establishes a valuation allowance if it is more likely than not that all or a portion of a deferred tax asset will not be realized. See Note 12 — Income taxes for further discussion. We also evaluate any uncertain tax positions and recognize a liability for the tax benefit associated with an uncertain tax position if it is more likely than not that the tax position will not be sustained on examination by the taxing authorities upon consideration of the technical merits of the position. The tax benefits recognized in the financial statements from such positions are measured based on the largest benefit that has a greater than 50% likelihood of being realized upon ultimate settlement. We record a liability for uncertain tax positions taken or expected to be taken in a tax return. Any change in judgment related to the expected ultimate resolution of uncertain tax positions is recognized in earnings in the period in which such change occurs. Fair value of financial instruments The carrying value of the Company’s cash equivalents, accounts receivable, accounts payable, and accrued liabilities approximate fair value due to the short maturity of these instruments. An estimate of the fair value of the Company’s debt and embedded conversion option is disclosed in Note 9 — Debt. For further details surrounding our policies on fair value measurement, including the fair values of our pension plan assets, refer to Note 11 — Fair value measurement. Deferred financing costs Deferred financing costs consist of costs incurred in connection with debt financings and are recorded as a contra-liability in Long-term debt on the Consolidated balance sheets. Such costs are amortized using the effective interest method over the estimated remaining term of the debt. This amortization represents a component of Interest expense. Revenue Recognition Revenues are recognized when control of the promised goods or services is transferred to customers, in an amount that reflects the consideration the Company expects to be entitled to in exchange for those goods or services. Our contracts with customers sometimes include promises to transfer multiple products and services to a customer. Revenue from sales agreements that contain multiple performance obligations are allocated to each obligation based on the relative standalone selling price. We determine standalone selling prices based on observable prices charged to customers. Advertising and Marketing Services Revenues The Company generates Print advertising revenues primarily by delivering advertising in its national publication, USA TODAY, and in its local publications including newspapers. Advertising revenues are categorized as local retail, local classified, online, and national. Print advertising revenue is recognized upon publication of the advertisement. Digital advertising and marketing revenues are generated primarily by online marketing products provided by our DMS segment. The Company enters into agreements for products in which our clients typically pay in advance and on a monthly basis. These prepayments include all charges for the included technology and any media services, management, third-party content, and other costs and fees, all of which are accounted for as a single performance obligation. Revenue is then recognized as we purchase and deliver media on behalf of the customer and perform other marketing-related services. For our Advertising and marketing services revenues, we evaluate whether we are the principal (i.e., report revenues on a gross basis) or agent (i.e., report revenues on a net basis) by performing analyses regarding whether we control the provision of specified goods or services before they are transferred to our customers. We report Advertising and marketing services revenues gross when we control advertising inventory before it is transferred to the customer. Our control is evidenced by us being primarily responsible or sharing responsibility for the fulfillment of services and maintaining control over transaction pricing. We recognize revenue when the performance obligation is satisfied. Circulation Revenues Circulation revenues are derived from print and digital subscriptions as well as single copy sales at retail stores, vending racks and boxes. Circulation revenues from subscribers are generally billed to customers at the beginning of the subscription period and are typically recognized over the subscription period as the performance obligations are delivered. The term of customer subscriptions normally ranges from one to twelve months. Circulation revenues from single-copy income are recognized based on the date of publication, net of provisions for related returns. Other Revenues The Company provides commercial printing services to third parties as a means to generate incremental revenue and utilize excess printing capacity. Customers consist primarily of other publishers that do not have their own printing presses and do not compete with other Gannett publications. The Company also prints other commercial materials, including flyers, business cards and invitations. Revenue is generally recognized upon delivery. In addition, the Company generates revenues from its events and promotions business. Revenues are generated primarily through ticket sales, endurance events and race management services. Revenue is generally recognized when the event occurs. Practical Expedients and Exemptions The Company generally expenses sales commissions or other costs to obtain contracts when incurred because the amortization period is generally one year or less. These costs are recorded within Selling, general and administrative expenses. The Company does not disclose unsatisfied performance obligations for (i) contracts with an original expected length of one year or less and (ii) contracts for which the Company recognizes revenue at the amount to which the Company has the right to invoice for services performed. Deferred revenues The Company records deferred revenues when cash payments are received in advance of the Company’s performance obligation. The Company's primary source of deferred revenues is from circulation subscriptions paid in advance of the service provided, which represents future delivery of publications (the performance obligation) to subscription customers. The Company expects to recognize the revenue related to unsatisfied performance obligations over the next one to twelve months in accordance with the terms of the subscriptions. The Company's payment terms vary by the type and location of the customer and the products or services offered. The period between invoicing and when payment is due is not significant. For certain products or services and customer types, the Company requires payment before the products or services are delivered to the customer. The majority of our subscription customers are billed and pay on monthly terms. Advertising costs Advertising costs are expensed in the period incurred. The Company incurred total advertising expenses for the years ended December 31, 2021, 2020, and 2019 of $45.3 million, $50.0 million, and $26.8 million, respectively. Pension and postretirement liabilities Pension and other postretirement benefit costs under our defined benefit retirement plans are actuarially determined. For plans with frozen benefits, we recognize the cost of postretirement benefits such as pension, medical, and life insurance benefits on an accrual basis over the average life expectancy of employees expected to receive such benefits. For active plans, costs are recognized over the estimated average future service period. See Note 10 — Pensions and other postretirement benefit plans for further details. Share-based compensation Share-based payments to employees and the board of directors, including grants of stock options and restricted stock, are required to be recognized in the consolidated financial statements over the service period (generally the vesting period) based on fair values measured on grant dates, less forfeitures. Self-insurance liability accruals The Company maintains self-insured medical and workers’ compensation programs. The Company purchases stop loss coverage from third parties, which limits our exposure to large claims. The Company records a liability for healthcare and workers’ compensation costs during the period in which they occur, including an estimate of incurred but not reported claims. Redeemable noncontrolling interests Equity purchase arrangements that are exercisable by the counterparty to an agreement and that are outside the sole control of the Company are accounted for in accordance with ASC 480-10-S99-3A and are classified as Redeemable noncontrolling interests in the Consolidated balance sheets. Concentration of risk Due to the distributed nature of our operations, we are not subject to significant concentrations of risk relating to customers, products, or geographic locations. Our foreign revenues, principally from businesses in the U.K. and international operations at our DMS segment, totaled approximately $247.6 million for the year ended December 31, 2021. Our long-lived assets in foreign countries, principally in the U.K. and international operations at our DMS segment, totaled approximately $246.2 million at December 31, 2021. Leases We determine if an arrangement is a lease at inception. Operating leases are included in Operating lease assets, Other current liabilities, and Long-term operating lease liabilities on our Consolidated balance sheets. Operating lease right-of-use ("ROU") assets and operating lease liabilities are recognized based on the present value of the future minimum lease payments over the lease term at commencement date. The rates implicit within the Company's leases are generally not determinable; therefore, the Company uses judgment to determine the incremental borrowing rate used to calculate the present value of lease payments. The incremental borrowing rate is determined using our credit rating and information available related to similar terms and payments as of the commencement date. ROU assets are assessed for impairment in accordance with the Company’s accounting policy for long-lived assets. Our lease terms include options to extend or terminate. The period which is subject to an option to extend the lease is included in the lease term if it is reasonably certain that the option will be exercised. The period which is subject to an option to terminate the lease is included if it is reasonably certain that the option will not be exercised. Lease expense for minimum lease payments is recognized on a straight-line basis over the lease term. For all material classes of leased assets, we do not separate lease components from non-lease components, and account for both components as a single lease component. For certain equipment leases, we apply a portfolio approach to account for the operating lease ROU assets and liabilities. Accounts payable and accrued liabilities A breakout of Accounts payable and accrued liabilities is presented below: December 31, In thousands 2021 2020 Accounts payable $ 157,257 $ 131,797 Compensation 107,585 115,061 Taxes (primarily property and sales taxes) 26,042 30,834 Benefits 21,056 22,821 Interest 7,577 3,676 Other 37,497 74,057 Accounts payable and accrued liabilities $ 357,014 $ 378,246 Loss contingencies We are subject to various legal proceedings, claims, and regulatory matters, the outcomes of which are subject to significant uncertainty. We determine whether to disclose or accrue for loss contingencies based on an assessment of whether the risk of loss is remote, reasonably possible, or probable and whether it can be reasonably estimated. We accrue for loss contingencies when such amounts are probable and reasonably estimable. If a contingent liability is only reasonably possible, we will disclose the potential range of the loss if material and estimable. Foreign currency translation The statements of income of foreign operations have been translated to U.S. dollars using the average currency exchange rates in effect during the relevant period. The balance sheets have been translated using the currency exchange rates as of the end of the accounting period. The impact of currency exchange rate changes on the translation of the balance sheets are included in Comprehensive income (loss) in the Consolidated statements of operations and comprehensive income (loss) and are classified as Accumulated other comprehensive income in the Consolidated balance sheets and Consolidated statements of equity. Recent accounting pronouncements adopted Simplifying the Accounting for Income Taxes In December 2019, the Financial Accounting Standards Board (the "FASB") issued new guidance that simplifies the accounting for income taxes. The guidance amends the rules for recognizing deferred taxes for investments, performing intraperiod tax allocations and calculating income taxes in interim periods. It also reduces complexity in certain areas, including accounting for transactions that result in a step-up in the tax basis of goodwill and allocating taxes to members of a consolidated group. This guidance is effective for fiscal years beginning after December 15, 2020, with early adoption permitted. Adopting this guidance allowed the Company to record a tax benefit for the first quarter of 2021 because year-to-date losses on interim periods are no longer limited to losses annually forecasted, but did not have a material impact on the Company's Consolidated financial statements in subsequent quarters. Recent accounting pronouncements not yet adopted Accounting for Convertible Instruments and Contracts in an Entity’s Own Equity In August 2020, the FASB issued new guidance ("ASU 2020-06") that simplifies the accounting for convertible instruments by reducing the number of accounting models for convertible debt instruments and convertible preferred stock. In addition to eliminating certain accounting models, the guidance amends the disclosures for convertible instruments and earnings-per-share guidance. It also amends the guidance for the derivatives scope exception for contracts in an entity’s own equity to reduce form-over-substance-based accounting conclusions. This guidance is effective for fiscal years beginning after December 15, 2021, including interim periods within those fiscal years. Adoption of this guidance will not have an impact on the accounting for the Company's $497.1 million in aggregate principal amount of 6.0% Senior Secured Convertible Notes due 2027 issued by the Company on November 17, 2020 (the "2027 Notes"), or on the Consolidated financial statements. Accounting for Contract Assets and Contract Liabilities from Contracts with Customers in a Business Combination In October 2021, the FASB issued new guidance ("ASU 2021-08") that requires an acquirer to recognize and measure certain contract assets and contract liabilities in a business combination in accordance with ASC 606, "Revenue from Contracts with Customers", rather than at fair value on the acquisition date as required under current GAAP. This guidance is effective for fiscal years beginning after December 15, 2022, with early adoption permitted, including interim periods within those fiscal years. The impact of this standard on the Company's Consolidated financial statements will be dependent on the business combination transactions within its scope. Disclosures by Business Entities about Government Assistance In November 2021, the FASB issued new guidance ("ASU 2021-10") that requires annual disclosures for transactions with a government that are accounted for by applying a grant or contribution accounting model by analogy, including: (i) information about the nature of the transactions and related accounting policy used to account for the transactions; (ii) the line items on the Consolidated balance sheets and Consolidated statements of operations and comprehensive income (loss) affected by these transactions, including amounts applicable to each line; and (iii) significant terms and conditions of the transactions, including commitments and contingencies. The Company does not expect the adoption of this guidance will have a material impact on the Consolidated financial statements.

Revenues

Revenues	12 Months Ended
	Dec. 31, 2021
Revenue from Contract with Customer [Abstract]
Revenues	NOTE 3 — Revenues Revenues are recognized when control of the promised goods or services is transferred to customers, in an amount that reflects the consideration the Company expects to be entitled to in exchange for those goods or services. The Company’s Consolidated statements of operations and comprehensive income (loss) present revenues disaggregated by revenue type. Sales taxes and other usage-based taxes are excluded from revenues. The following table presents our revenues disaggregated by source. Year ended December 31, In thousands 2021 2020 2019 Print advertising $ 792,286 $ 901,805 $ 689,595 Digital advertising and marketing services 858,875 808,439 263,049 Total advertising and marketing services 1,651,161 1,710,244 952,644 Circulation 1,249,674 1,391,996 704,842 Other 307,248 303,430 210,423 Total revenues $ 3,208,083 $ 3,405,670 $ 1,867,909 Revenues generated from international operations comprised 7.7% and 6.8% for the years ended December 31, 2021 and 2020, respectively. The following table presents the change in the deferred revenues balance by type of revenue: Year ended December 31, 2021 Year ended December 31, 2020 In thousands Advertising, marketing services and other Circulation Total Advertising, marketing services and other Circulation Total Beginning balance $ 51,686 $ 134,321 $ 186,007 $ 67,444 $ 151,379 $ 218,823 Cash receipts 289,806 990,042 1,279,848 272,145 1,153,242 1,425,387 Revenue recognized (280,827) (1,000,190) (1,281,017) (287,903) (1,170,300) (1,458,203) Ending balance $ 60,665 $ 124,173 $ 184,838 $ 51,686 $ 134,321 $ 186,007

Leases

Leases	12 Months Ended
	Dec. 31, 2021
Leases [Abstract]
Leases	NOTE 4 — Leases We lease certain real estate, vehicles, and equipment. Our leases have remaining lease terms of one As of December 31, 2021, our Consolidated balance sheets include $271.9 million of Operating lease assets, $47.6 million of short-term operating lease liabilities included in Other current liabilities The components of lease expense are as follows: Year ended December 31, In thousands 2021 2020 2019 Operating lease cost (a) $ 80,213 $ 83,410 $ 30,573 Short-term lease cost (b) 886 5,663 5,086 Variable lease cost 11,464 12,808 8,412 Net lease cost $ 92,563 $ 101,881 $ 44,071 (a) Includes sublease income of $6.5 million, $3.8 million, and $2.5 million for the years ended December 31, 2021, 2020, and 2019, respectively. (b) Excluding expenses relating to leases with a lease term of one month or less. Supplemental information related to leases are as follows: Year ended December 31, In thousands, except lease term and discount rate 2021 2020 2019 Cash paid for amounts included in the measurement of operating lease liabilities $ 81,380 $ 86,999 $ 35,837 Right-of-use assets obtained in exchange for operating lease obligations 38,137 36,247 28,545 Loss on sale and leaseback transactions, net 1,938 3,821 — Weighted-average remaining lease term (in years) 7.3 7.7 8.3 Weighted-average discount rate 12.8 % 12.9 % 12.4 % Future minimum lease payments under non-cancellable leases are as follows: In thousands Year ended December 31, 2022 $ 79,231 2023 69,531 2024 61,219 2025 51,969 2026 43,824 Thereafter 173,513 Total future minimum lease payments 479,287 Less: Imputed interest 176,714 Total $ 302,573 As of December 31, 2021, we have entered into leases that have not yet commenced with future lease payments of $3.3 million, which are not yet recorded on the Consolidated balance sheets.

Accounts receivable, net

Accounts receivable, net	12 Months Ended
	Dec. 31, 2021
Receivables [Abstract]
Accounts receivable, net	NOTE 5 — Accounts receivable, net The Company performs its evaluation of the collectability of trade receivables based on customer category. For example, trade receivables from individual subscribers to our publications are evaluated separately from trade receivables related to advertising customers. For advertising trade receivables, the Company applies a "black motor formula" methodology as the baseline to calculate the allowance for doubtful accounts. The reserve percentage is calculated as a ratio of total net bad debts (less write-offs and recoveries) for the prior three-year period to total outstanding trade accounts receivable for the same three-year period. The calculated reserve percentage by customer category is applied to the consolidated gross advertising receivable balance, irrespective of aging. In addition, each category has specific reserves for at risk accounts that vary based on the nature of the underlying trade receivables. Due to the short-term nature of our circulation receivables, the Company reserves all receivables aged over 90 days. The following table presents changes in the allowance for doubtful accounts: Year ended December 31, In thousands 2021 2020 Beginning balance $ 20,843 $ 19,923 Current period provision 6,399 28,654 Write-offs charged against the allowance (14,897) (29,532) Recoveries of amounts previously written-off 4,109 2,824 Disposition — (1,011) Foreign currency 16 (15) Ending balance $ 16,470 $ 20,843 The calculation of the allowance considers current economic, industry and customer-specific conditions relative to their respective operating environments in the incremental allowances recorded related to high-risk accounts, bankruptcies, receivables in repayment plan and other aging specific reserves. As a result of this analysis, the Company adjusts specific reserves and the amount of allowable credit as appropriate. The collectability of trade receivables related to advertising, marketing services and other customers depends on a variety of factors, including trends in local, regional, or national economic conditions that affect our customers' ability to pay. The advertisers in our newspapers and other publications and related websites are primarily retail businesses that can be significantly affected by regional or national economic downturns and other developments that may impact our ability to collect on the related receivables. Similarly, while circulation revenues related to individual subscribers are primarily prepaid, changes in economic conditions may also affect our ability to collect on amounts owed from single copy circulation customers. For the years ended December 31, 2021, and December 31, 2020, the Company recorded $6.4 million and $28.7 million in bad debt expense, respectively. Bad debt expense is included in Selling, general and administrative expenses on the Consolidated statements of operations and comprehensive income (loss). For the year ended December 31, 2021, the Company recorded a decrease in bad debt expense due to lower write-offs compared to the prior year, as the prior year reflected the impact of the COVID-19 pandemic.

Acquisitions

Acquisitions	12 Months Ended
	Dec. 31, 2021
Business Combination and Asset Acquisition [Abstract]
Acquisitions	NOTE 6 — Acquisitions 2019 Legacy Gannett Acquisition The Company acquired substantially all the assets, properties, and business of Legacy Gannett on November 19, 2019. The acquisition was completed for an aggregate purchase price of $1.3 billion. The acquisition was financed by a five-year senior-secured 11.5% term loan facility with Apollo Capital Management, L.P. in an aggregate principal amount of approximately $1.792 billion (the "Acquisition Term Loan"), and the issuance of Common Stock to Legacy Gannett stockholders, including 4,205,607 shares of Common Stock to the Former Manager. The rationale for the acquisition was primarily the attractive nature of the various publications, businesses, and digital platforms as well as the estimated cash flows and cost-saving and revenue-generating opportunities. The fair values of the assets and liabilities for the Legacy Gannett acquisition were finalized during the second quarter of 2020. The following table summarizes the final fair values of the assets and liabilities for the Legacy Gannett acquisition: In thousands Estimated fair value as previously reported (a) Measurement period adjustments (b) Final fair value as adjusted Cash and restricted cash acquired $ 149,452 $ — $ 149,452 Current assets 383,965 — 383,965 Other assets 97,459 — 97,459 Property, plant and equipment 536,511 — 536,511 Operating lease assets 200,550 — 200,550 Developed technology 47,770 (11,670) 36,100 Advertiser relationships 272,740 (16,580) 256,160 Subscriber relationships 104,490 6,100 110,590 Other customer relationships 63,820 3,540 67,360 Trade names 16,470 (630) 15,840 Mastheads 97,340 8,420 105,760 Goodwill 644,766 13,018 657,784 Total assets 2,615,333 2,198 2,617,531 Current liabilities 513,752 95 513,847 Long-term liabilities 787,019 2,103 789,122 Total liabilities 1,300,771 2,198 1,302,969 Net assets $ 1,314,562 $ — $ 1,314,562 (a) As previously reported in our Annual Report on Form 10-K for the year ended December 31, 2019. (b) The Company recorded measurement period adjustments during the second quarter of 2020. The measurement period adjustments were primarily related to obtaining new facts and circumstances that existed as of the acquisition date that impact the financial projections and carrying values used to value acquired assets and liabilities, including the finalization of certain contracts with customers that impacted the value of intangible assets recorded. The increase to Long-term liabilities was primarily the result of $5.8 million in multi-employer pension liabilities offset by a decrease of $4.0 million in deferred tax liabilities. All measurement period adjustments were offset against Goodwill. 2019 Acquisitions The Company also acquired substantially all the assets, properties and business of certain publications and businesses in 2019 (the "2019 Acquisitions"), which included 11 daily newspapers, 11 weekly publications, nine shoppers, a remnant advertising agency, five events production businesses, and a business community and networking platform for an aggregate purchase price of $53.4 million including estimated working capital. As part of one of the 2019 Acquisitions, the Company also acquired a 58% equity interest in the acquiree, and the minority equity owners retained a 42% interest, which has been classified as a redeemable non-controlling interest on the Consolidated statements of operations and comprehensive income (loss). Additionally, for specified 2019 Acquisitions, additional consideration is earned based on the achievement of EBITDA targets outlined in the asset purchase agreement. As of December 31, 2021 and 2020, there was no consideration payable to the former stockholders. The 2019 Acquisitions were financed from cash on hand. The rationale for the 2019 Acquisitions was primarily the attractive nature, as applicable, of the various publications, businesses, and digital platforms as well as the estimated cash flows and cost-saving and revenue-generating opportunities available. The fair values of the assets and liabilities for the 2019 Acquisitions were finalized during the second quarter of 2020. The following table summarizes the final fair values of the assets and liabilities for the 2019 Acquisitions: In thousands Estimated fair value as previously reported (a) Measurement period adjustments (b) Final fair value as adjusted Cash and restricted cash acquired $ 323 $ — $ 323 Current assets 9,320 (112) 9,208 Other assets 950 — 950 Property, plant and equipment 20,492 730 21,222 Non-compete agreements 280 — 280 Advertiser relationships 2,357 279 2,636 Subscriber relationships 1,457 — 1,457 Other customer relationships 1,323 2,942 4,265 Software 140 2,130 2,270 Trade names 299 2,105 2,404 Mastheads 2,896 — 2,896 Goodwill 20,850 (1,248) 19,602 Total assets 60,687 6,826 67,513 Current liabilities 11,961 — 11,961 Long-term liabilities 463 50 513 Total liabilities 12,424 50 12,474 Minority interest 1,651 — 1,651 Net assets $ 46,612 $ 6,776 $ 53,388 (a) As previously reported in the Company's Annual Report on Form 10-K for the year ended December 31, 2019. (b) During the six months ended June 30, 2020, the Company recognized a contingent liability of $7.0 million for earnout payments not made and finalized the allocation of purchase price to certain customer relationships, software, and trade name intangible assets acquired. The contingent liability was paid in full during the third quarter of 2020 and was included in financing activities on the Consolidated statement of cash flows. The following unaudited pro forma consolidated results of operations are presented as of the year ended December 31, 2019 and assume that the acquisition of Legacy Gannett, along with transactions necessary to finance the acquisition, occurred at the beginning of 2019: Unaudited; In thousands (except per share amounts) Total revenues $ 4,177,583 Net loss (292,395) Loss per share - diluted (2.27) The unaudited pro forma financial information is based on historical results of operations, adjusted for the allocation of the purchase price and other acquisition accounting adjustments, and is not necessarily indicative of what our results would have been had we operated the businesses since the beginning of the periods presented. The pro forma adjustments reflect depreciation expense and amortization of intangibles related to the fair value adjustments of the assets acquired, additional interest expense related to the financing of the transactions, the elimination of acquisition-related costs, and the related tax effects of the adjustments.

Goodwill and intangible assets

Goodwill and intangible assets	12 Months Ended
	Dec. 31, 2021
Goodwill and Intangible Assets Disclosure [Abstract]
Goodwill and intangible assets	NOTE 7 — Goodwill and intangible assets Goodwill and intangible assets consisted of the following: December 31, 2021 December 31, 2020 In thousands Gross Accumulated Net Gross Accumulated Net Finite-lived intangible assets: Advertiser relationships $ 453,038 $ 153,988 $ 299,050 $ 460,331 $ 112,468 $ 347,863 Other customer relationships 102,486 35,237 67,249 102,925 23,682 79,243 Subscriber relationships 254,162 99,905 154,257 255,702 71,271 184,431 Other intangible assets 68,690 44,291 24,399 68,687 26,982 41,705 Sub-total $ 878,376 $ 333,421 $ 544,955 $ 887,645 $ 234,403 $ 653,242 Indefinite-lived intangible assets: Mastheads 168,198 171,408 Total intangible assets $ 713,153 $ 824,650 Goodwill $ 533,709 $ 534,088 As of December 31, 2021, the weighted average amortization periods for amortizable intangible assets are 11.3 years for advertiser relationships, 9.8 years for customer relationships, 10.3 years for subscriber relationships, and 4.0 years for other intangible assets. The weighted average amortization period in total for all amortizable intangible assets is 10.3 years. For the years ended December 31, 2021, 2020, and 2019, amortization expense was $103.1 million, $108.5 million, and $44.7 million, respectively. As of December 31, 2021, estimated future amortization expense is as follows: In thousands 2022 $ 96,474 2023 91,294 2024 89,962 2025 81,501 2026 64,615 Thereafter 121,109 Total $ 544,955 Changes in the carrying amount of Goodwill by segment are as follows: In thousands Publishing Digital Marketing Solutions Total Balance at December 31, 2019, net of accumulated impairment losses of $87,921: $ 716,334 $ 197,997 $ 914,331 Goodwill impairment (321,851) (40,499) (362,350) Goodwill related to divestitures (20,328) (6,592) (26,920) Measurement period adjustments 45,205 (33,435) 11,770 Foreign currency exchange rate changes (2,743) — (2,743) Balance at December 31, 2020, net of accumulated impairment losses of $455,844: $ 416,617 $ 117,471 $ 534,088 Goodwill acquired in business combinations 95 — 95 Goodwill related to divestitures (341) — (341) Foreign currency exchange rate changes (133) — (133) Balance at December 31, 2021, net of accumulated impairment losses of $455,385: $ 416,238 $ 117,471 $ 533,709 Consistent with the Company's past practice, the Company performed its annual goodwill and indefinite-lived intangible asset impairment assessment in the second quarter of 2021 with the assistance of third-party valuation specialists. Within the impairment analyses performed, the Company considered the current and expected future economic and market conditions and the impact on the fair value of each of the reporting units. The most significant assumptions utilized in the determination of the estimated fair values include revenue and EBITDA projections, discount rates and long-term growth rates. The long-term growth rates are dependent on overall market growth rates, the competitive environment, inflation and relative currency exchange rates, and could be adversely impacted by a sustained decrease in any of these measures, all of which the Company considered in determining the long-term growth rates used in the analysis, which ranged from negative 0.5% to positive 3.0%. The discount rate, which is consistent with a weighted average cost of capital that is likely to be expected by a market participant, is based upon industry required rates of return, including consideration of both debt and equity components of the capital structure. The discount rate may be impacted by adverse changes in the macroeconomic environment and volatility in the equity and debt markets. The Company considered these factors in determining the discount rates used in the analysis, which ranged from 11.0% to 15.0%. For goodwill, the Company determined the fair value of each reporting unit using a combination of a discounted cash flow analysis and a market-based approach. During the second quarter of 2021, t he Company compared the fair value of each reporting unit to its carrying amount, which resulted in the fair value of all the reporting groups being in excess of their carrying values. For mastheads, the Company determined the fair value by applying a "relief from royalty" approach, a discounted cash flow model, reflecting current assumptions. During the second quarter of 2021, the Company compared the fair value of each indefinite-lived intangible asset to its carrying amount, which resulted in the fair value of each indefinite-lived intangible asset being in excess of its carrying value. In addition to the annual impairment test, the Company is required to regularly assess whether a triggering event has occurred under ASC 360, which would require interim impairment testing. As of December 31, 2021, the Company performed a review of potential impairment indicators and it was determined that no indicators of impairment were present. During the second quarter of 2020, the Company recorded goodwill impairment charges of $256.5 million, $65.4 million and $40.5 million in our Domestic Publishing, Newsquest and Digital Marketing Solutions reporting units, respectively, and recorded indefinite-lived asset impairments of $4.0 million in both our Domestic Publishing and Newsquest reporting units, as a result of the annual impairment assessment. During the second quarter of 2020, the Company considered the impact of the COVID-19 pandemic on the Company’s operations to be an indicator of impairment under ASC 360, and as such, the Company recorded an intangible asset impairment of $23.0 million related to advertiser and other customer relationships.

Integration and reorganization

Integration and reorganization costs and asset impairments	12 Months Ended
	Dec. 31, 2021
Restructuring and Related Activities [Abstract]
Integration and reorganization costs and asset impairments	NOTE 8 — Integration and reorganization costs and asset impairments Over the past several years, the Company has engaged in a series of individual restructuring programs, designed primarily to right-size the Company’s employee base, consolidate facilities and improve operations, including those of acquired entities. These initiatives impact all of the Company’s operations and can be influenced by the terms of union contracts. Costs related to these programs, which primarily include severance, facility consolidation and other restructuring-related expenses, are accrued when probable and reasonably estimable or at the time of program announcement. Severance-related expenses We recorded severance-related expenses by segment as follows: Year ended December 31, In thousands 2021 2020 2019 Publishing $ 14,529 $ 55,655 $ 19,556 Digital Marketing Solutions 321 6,320 1,916 Corporate and other 1,621 24,322 19,080 Total $ 16,471 $ 86,297 $ 40,552 A rollforward of the accrued severance and related costs included in Accounts payable and accrued liabilities on the Consolidated balance sheets for the years ended December 31, 2021 and 2020 is outlined below: In thousands Severance and Balance at December 31, 2019 $ 30,785 Restructuring provision included in integration and reorganization costs 86,297 Cash payments (86,139) Balance at December 31, 2020 30,943 Restructuring provision included in integration and reorganization costs 16,471 Cash payments (34,856) Balance at December 31, 2021 $ 12,558 The restructuring reserve balance is expected to be paid out over the next twelve months. Facility consolidation and other restructuring-related expenses Facility consolidation and other restructuring-related expenses represent costs for consolidating operations, systems implementation, and outsourcing of corporate functions . We recorded facility consolidation charges and other restructuring-related costs by segment as follows: Year ended December 31, In thousands 2021 2020 2019 Publishing $ 1,431 $ 5,197 $ 3,931 Digital Marketing Solutions 1,389 343 286 Corporate and other (a) 29,993 53,894 7,443 Total $ 32,813 $ 59,434 $ 11,660 (a) For the year ended December 31, 2020, includes $30.4 million related to the early termination of the Former Management Agreement with our Former Manager. Asset impairments We recorded Asset impairments by segment as follows: Year ended December 31, In thousands 2021 2020 2019 Publishing $ 3,976 $ 10,312 $ 3,009 Digital Marketing Solutions — 717 — Total $ 3,976 $ 11,029 $ 3,009 For the year ended December 31, 2021, asset impairment charges, which were incurred by the Publishing segment, were primarily due to the impairment of real estate sold or held for sale. For the year ended December 31, 2020, asset impairment charges incurred by the Publishing segment, were mainly a result of the recoverability test for long-lived assets and to a lesser extent, fixed asset disposals related to the continued consolidation of operations, and at the DMS segment, asset impairment charges were mainly a result of fixed asset disposals related to the continued consolidation of operations. For the year ended December 31, 2019, asset impairment charges, which were incurred by the Publishing segment, were primarily due to ongoing cost efficiency programs. Accelerated depreciation The Company incurred accelerated depreciation of $15.3 million , $49.6 million, and $7.9 million for the years ended December 31, 2021 , 2020 and 2019, respectively, primarily at the Publishing segment related to the shortened useful life of assets due to the sale of property. Accelerated depreciation is included in Depreciation and amortization expense on the Consolidated statements of operations and comprehensive income (loss).

Debt

Debt	12 Months Ended
	Dec. 31, 2021
Debt Disclosure [Abstract]
Debt	NOTE 9 — Debt The Company's debt consisted of the following: December 31, 2021 December 31, 2020 (in millions) Principal balance Unamortized original issue discount Unamortized deferred financing costs Carrying value Principal balance Unamortized original issue discount Unamortized deferred financing costs Carrying value New Senior Secured Term Loan $ 480.1 $ (14.1) $ (2.7) $ 463.3 n/a n/a n/a n/a Acquisition Term Loan n/a n/a n/a n/a 1,075.2 (54.0) (2.4) 1,018.8 2026 Senior Notes 400.0 (13.7) (10.7) 375.6 n/a n/a n/a n/a 2027 Notes (a) 485.3 (93.2) (2.0) 390.1 497.1 (106.3) (2.3) 578.1 2024 Notes 3.3 — — 3.3 3.3 — — 3.3 Total debt $ 1,368.7 $ (121.0) $ (15.4) $ 1,232.3 $ 1,575.6 $ (160.3) $ (4.7) $ 1,600.2 Less: Current portion of long-term debt $ (69.5) $ — $ — $ (69.5) $ (128.4) $ — $ — $ (128.4) Non-current portion of long-term debt $ 1,299.2 $ (121.0) $ (15.4) $ 1,162.8 $ 1,447.2 $ (160.3) $ (4.7) $ 1,471.8 (a) For the year ended December 31, 2020, the carrying value of the 2027 Notes also included the value of the embedded derivative conversion feature of $189.6 million. October Debt Refinancing On October 15, 2021, Gannett Holdings LLC ("Gannett Holdings"), a wholly-owned subsidiary of the Company, entered into a five-year senior secured term loan facility in an aggregate principal amount of $516 million (the "New Senior Secured Term Loan") with Citibank N.A., as collateral agent and administrative agent for the lenders. Also on October 15, 2021, Gannett Holdings completed a private offering of $400 million aggregate principal amount of 6.00% first lien notes due November 1, 2026 (the "2026 Senior Notes"). The proceeds of the New Senior Secured Term Loan, together with the net proceeds from the 2026 Senior Notes were applied towards the full repayment of our 5-year, senior-secured term loan facility with the lenders from time to time party thereto and Citibank, N.A., as collateral agent and administrative agent for the lenders, in an aggregate principal amount of $1.045 billion (the "5-Year Term Loan"). There were certain lenders that participated in both the 5-Year Term Loan and the New Senior Secured Term Loan and 2026 Senior Notes and their balances in the 5-Year Term Loan were deemed to be modified. The Company continues to defer, over the terms of the 2026 Senior Notes and New Senior Secured Term Loan, the deferred financing fees and original issue discount from the 5-Year Term Loan of $7.0 million and $25.2 million, respectively, related to those lenders. Further, certain lenders in the 5-Year Term Loan did not participate in the New Senior Secured Term Loan and 2026 Senior Notes and their balances in the 5-Year Term Loan were deemed to be extinguished. Third-party fees of approximately $7.2 million were allocated to the new lenders in the 2026 Senior Notes on a pro-rata basis, and $5.2 million of original issue discount on the New Senior Secured Term Loan were capitalized and are being amortized over the respective terms of the 2026 Senior Notes and New Senior Secured Term Loan using the effective interest method. For the year ended December 31, 2021, third-party fees of $1.8 million and $7.9 million related to the New Senior Secured Term Loan and 2026 Senior Notes, respectively, which were allocated to the lenders whose balances were deemed to be modified, were expensed and recorded in Other operating expenses in the Consolidated statements of operations and comprehensive income (loss). Term Loans New Senior Secured Term Loan Prior to the Term Loan Amendment (defined below in Note 16 — Subsequent events), loans under the New Senior Secured Term Loan bore interest at a per annum rate equal to LIBOR (which shall not be less than 0.50% per annum) plus a margin of 5.00% or an alternate base rate (which shall not be less than 1.50% per annum) plus a margin equal to 4.00%. Loans under the New Senior Secured Term Loan may be prepaid, at the option of Gannett Holdings, at any time without premium, except a premium equal to 1.00% of the aggregate principal amount of the loans being repaid in connection with certain refinancing or repricing events that reduce the all-in yield applicable to the loans and occur on or before October 15, 2022. In addition, we are required to repay the New Senior Secured Term Loan from time to time with (i) the proceeds of non-ordinary course asset sales and casualty and condemnation events, (ii) the proceeds of indebtedness not permitted under the New Senior Secured Term Loan , and (iii) the aggregate amount of cash and cash equivalents on hand at the Company and its restricted subsidiaries in excess of $100 million at the end of each fiscal year of the Company (beginning with the fiscal year ending December 31, 2021 ). The New Senior Secured Term Loan amortizes in equal quarterly installments, beginning June 30, 2022, at a rate equal to 10% per annum (or, if the ratio of debt secured on an equal basis with the New Senior Secured Term Loan less unrestricted cash of the Company and its restricted subsidiaries to Consolidated EBITDA (as such terms are defined in the New Senior Secured Term Loan ) (such ratio, the "First Lien Net Leverage Ratio"), for the most recently ended period of four consecutive fiscal quarters is equal to or less than 1.20 to 1.00, 5% per annum). All obligations under the New Senior Secured Term Loan are secured by all or substantially all of the assets of the Company and the wholly-owned domestic subsidiaries of the Company (the "Guarantors"). The obligations of Gannett Holdings under the New Senior Secured Term Loan are guaranteed on a senior secured basis by the Company and the Guarantors. The New Senior Secured Term Loan contains usual and customary covenants for credit facilities of this type, including a requirement to have minimum unrestricted cash of $30 million as of the last day of each fiscal quarter, and restricts, among other things, our ability to incur debt, grant liens, sell assets, and make investments and pay dividends, in each case with customary exceptions, including an exception that permits dividends and repurchases of outstanding junior debt or equity in (i) an amount of up to $25 million per fiscal quarter if the First Lien Net Leverage Ratio for such fiscal quarter is equal to or less than 2.00 to 1.00, (ii) an amount of up to $50 million per fiscal quarter if the First Lien Net Leverage Ratio for such fiscal quarter is equal to or less than 1.50 to 1.00 and (iii) an unlimited amount if First Lien Net Leverage Ratio for such fiscal quarter is equal to or less than 1.00 to 1.00. As of December 31, 2021, the Company was in compliance with all of the covenants and obligations under the New Senior Secured Term Loan. As of December 31, 2021, the effective interest rate for the New Senior Secured Term Loan was 6.4%. For the year ended December 31, 2021, we made prepayments, inclusive of both mandatory and optional prepayments, totaling $35.9 million, which were classified as financing activities in the Consolidated statements of cash flows. 5-Year Term Loan On February 9, 2021, the Company entered into the 5-Year Term Loan. The 5-Year Term Loan was to mature on February 9, 2026 and, at the Company's option, bore interest at a rate equal to LIBOR plus a margin equal to 7.00% per annum or an alternate base rate plus a margin equal to 6.00% per annum. Interest on the 5-Year Term Loan was payable at least every three months in arrears, beginning in May 2021. The proceeds from the 5-Year Term Loan were used to repay the remaining principal balance and accrued interest of $1.043 billion and $13.3 million, respectively, on the Acquisition Term Loan and to pay fees and expenses incurred to obtain the 5-Year Term Loan. There were certain lenders that participated in both the Acquisition Term Loan and the 5-Year Term Loan and their balances in the Acquisition Term Loan were deemed to be modified. The Company continued to defer, over the term, the deferred financing fees and original issue discount from the Acquisition Term Loan of $1.5 million and $34.7 million, respectively, related to those lenders. Further, certain lenders in the Acquisition Term Loan did not participate in the 5-Year Term Loan and their balances in the Acquisition Term Loan were deemed to be extinguished. Third-party fees of approximately $13.0 million were allocated to the new lenders in the 5-Year Term Loan on a pro-rata basis, and $20.9 million of original issue discount were capitalized and amortized over the term of the 5-Year Term Loan using the effective interest method. For the year ended December 31, 2021, third-party fees of $10.9 million, which were allocated to the lenders whose balances were deemed to be modified, were expensed and recorded in Other operating expenses in the Consolidated statements of operations and comprehensive income (loss). Under the 5-Year Term Loan, the Company was contractually obligated to make prepayments with the proceeds from asset sales and elected to make optional payments with excess free cash flow from operations. The 5-Year Term Loan was repaid in full on October 15, 2021 and the repayment was classified as financing activities in the Consolidated statements of cash flows. Term Loans Summary The Company recorded interest expense, paid interest expense, and recognized amortization of original issue discount and deferred financing fees under the New Senior Secured Term Loan, the 5-Year Term Loan and the Acquisition Term Loan (collectively, the "Term Loans"). In connection with the Term Loans, during the year ended December 31, 2021, the Company recognized interest expense of $72.8 million, paid interest expense of $72.8 million and recognized amortization of original issue discount and deferred financing fees of $10.7 million and $2.6 million, respectively. Additionally, during the year ended December 31, 2021, the Company recognized losses on early extinguishment of $47.9 million, as a result of the write-off of original issue discount and deferred financing fees, primarily related to lenders whose debt was deemed extinguished as well as early prepayments, including $20.7 million related to the 5-Year Term Loan, $17.2 million related to the Acquisition Term Loan, and approximately $10.0 million related to the write-off of original issue discount and deferred financing fees as a result of early prepayments on the Term Loans. Senior Secured Notes due 2026 The 2026 Senior Notes were issued pursuant to an Indenture, dated October 15, 2021 (the "2026 Senior Notes Indenture") among Gannett Holdings, the Company, the Guarantors from time to time party thereto, U.S. Bank National Association, as trustee, and U.S. Bank National Association, as collateral agent, registrar, paying agent and authenticating agent. Interest on the 2026 Senior Notes is payable semi-annually in arrears, beginning on May 1, 2022. The 2026 Senior Notes mature on November 1, 2026, unless redeemed or repurchased earlier pursuant to the 2026 Senior Notes Indenture. The 2026 Senior Notes may be redeemed at the option of Gannett Holdings, in whole or in part, at any time and from time to time after November 1, 2023, at the redemption prices set forth in the 2026 Senior Notes Indenture. At any time prior to such date, Gannett Holdings will be entitled at its option to redeem all, but not less than all, of the 2026 Senior Notes at the "make-whole" redemption price set forth in the 2026 Senior Notes Indenture. Additionally, at any time prior to November 1, 2023, Gannett Holdings may, on one or more occasions, redeem up to 40% of the aggregate principal amount of the 2026 Senior Notes at the redemption price set forth in the 2026 Senior Notes Indenture with the net cash proceeds of certain equity offerings. If certain changes of control with respect to Gannett Holdings or the Company occur, Gannett Holdings must offer to purchase the 2026 Senior Notes at a purchase price in cash equal to 101% of the principal amount thereof on the date of purchase, plus accrued and unpaid interest to, but excluding, the date of purchase. In addition, during any twelve-month period commencing on or after October 15, 2021 and ending prior to November 1, 2023, up to 10% of the aggregate principal amount of the 2026 Senior Notes issued under the 2026 Senior Notes Indenture may be redeemed at a purchase price equal to 103% of the aggregate principal amount of the 2026 Senior Notes to be redeemed, plus accrued and unpaid interest, if any, to but excluding, the redemption date. The 2026 Senior Notes are unconditionally guaranteed, jointly and severally, on a senior secured basis by the Guarantors. The 2026 Senior Notes and such guarantees are secured on a first-priority basis by the collateral, consisting of substantially all of the assets of Gannett Holdings and the Guarantors, subject to certain intercreditor arrangements. The 2026 Senior Notes Indenture limits the Company and its restricted subsidiaries’ ability to, among other things, make investments, loans, advances, guarantees and acquisitions; incur or guarantee additional debt and issue certain disqualified equity interests and preferred stock; make certain restricted payments, including a limit on dividends on equity securities or payments to redeem, repurchase or retire equity securities or other indebtedness; dispose of assets; create liens on assets to secure debt; engage in transactions with affiliates; enter into certain restrictive agreements; and consolidate, merge, sell or otherwise dispose of all or substantially all of their or a Guarantor’s assets. These covenants are subject to a number of limitations and exceptions. The 2026 Senior Notes Indenture also contains customary events of default. Debt issuance costs of $7.2 million will be amortized over the 5-year contractual life of the 2026 Senior Notes. Additionally, $4.0 million of debt issuance costs and $14.3 million of original issue discount were deferred from the refinancing of the 5-Year Term Loan. The unamortized discount and unamortized debt issuance costs will be amortized over the remaining contractual life of the 2026 Senior Notes. In connection with the 2026 Senior Notes, for the year ended December 31, 2021 the Company recognized amortization of debt issuance costs and amortization of the original issue discount of $0.5 million and $0.6 million, respectively, and recognized $5.1 million of interest expense. The effective interest rate on the 2026 Senior Notes was 7.3% as of December 31, 2021. Senior Secured Convertible Notes due 2027 The 2027 Notes were issued pursuant to an Indenture dated as of November 17, 2020, as amended by the First Supplemental Indenture dated as of December 21, 2020 and the Second Supplemental Indenture dated as of February 9, 2021 (collectively, the "2027 Notes Indenture"), between the Company and U.S. Bank National Association, as trustee. In connection with the issuance of the 2027 Notes, the Company entered into an Investor Agreement (the "Investor Agreement") with the holders of the 2027 Notes (the "Holders") establishing certain terms and conditions concerning the rights and restrictions on the Holders with respect to the Holders' ownership of the 2027 Notes. The Company also entered into an amendment to the Registration Rights Agreement dated November 19, 2019, between the Company and the Former Manager. Interest on the 2027 Notes is payable semi-annually in arrears. The 2027 Notes mature on December 1, 2027, unless earlier repurchased or converted. The 2027 Notes may be converted at any time by the holders into cash, shares of the Company’s Common Stock or any combination of cash and Common Stock, at the Company's election. The initial conversion rate is 200 shares of Common Stock per $1,000 principal amount of the 2027 Notes, which is equal to a conversion price of $5.00 per share of Common Stock (the "Conversion Price"). The conversion rate is subject to customary adjustment provisions as provided in the 2027 Notes Indenture. In addition, the conversion rate will be subject to adjustment in the event of any issuance or sale of Common Stock (or securities convertible into Common Stock) at a price equal to or less than the Conversion Price in order to ensure that following such issuance or sale, the 2027 Notes would be convertible into approximately 42% (adjusted for repurchases and certain other events that reduce the outstanding amount of the 2027 Notes) of the Common Stock after giving effect to such issuance or sale (assuming the initial principal amount of the 2027 Notes remains outstanding). After giving effect to the repurchases of the 2027 Notes described below, such percentage is approximately 41%. Upon the occurrence of a "Make-Whole Fundamental Change" (as defined in the 2027 Notes Indenture), the Company will in certain circumstances increase the conversion rate for a specified period of time. If a "Fundamental Change" (as defined in the 2027 Notes Indenture) occurs, the Company will be required to offer to repurchase the 2027 Notes at a repurchase price of 110% of the principal amount thereof. Holders of the 2027 Notes will have the right to put up to approximately $100 million of the 2027 Notes at par on or after the date that is 91 days after the maturity date of the New Senior Secured Term Loan. Under the 2027 Notes Indenture, the Company can only pay cash dividends up to an agreed-upon amount, provided the ratio of consolidated debt to EBITDA (as such terms are defined in the 2027 Notes Indenture) does not exceed a specified ratio. In addition, the 2027 Notes Indenture provides that, at any time that the Company’s Total Gross Leverage Ratio (as defined in the 2027 Notes Indenture) exceeds 1.5 and the Company approves the declaration of a dividend, the Company must offer to purchase a principal amount of 2027 Notes equal to the proposed amount of the dividend. Until the four-year anniversary of the issuance date, the Company will have the right to redeem for cash up to approximately $99.4 million of the 2027 Notes at a redemption price of 130% of the principal amount thereof, with such amount reduced ratably by any principal amount of 2027 Notes that has been converted by the holders or redeemed or purchased by the Company. The 2027 Notes are guaranteed by Gannett Holdings and any subsidiaries of the Company that guaranteed the 5-Year Term Loan. The 2027 Notes are secured by the same collateral that secured the 5-Year Term Loan. The 2027 Notes rank as senior secured debt of the Company and are secured by a second priority lien on the same collateral package that secured the indebtedness incurred in connection with the 5-Year Term Loan. The 2027 Notes Indenture includes affirmative and negative covenants, including limitations on liens, indebtedness, dispositions, loan, advances and investors, sale and leaseback transactions, restricted payments, transactions with affiliates, restrictions on dividends and other payment restrictions affecting restricted subsidiaries, negative pledges and modifications to certain agreements. The 2027 Notes Indenture also requires that the Company maintain, as of the last day of each fiscal quarter, at least $30.0 million of Qualified Cash (as defined in the 2027 Notes Indenture). The 2027 Notes Indenture includes customary events of default. Upon issuance, the $497.1 million principal value of the 2027 Notes was separated into two components: (i) a debt component and (ii) a derivative component. At that time, we determined that the conversion option was not clearly and closely related to the economic characteristics of the 2027 Notes, nor did the conversion option meet the scope exception related to contracts in an entity’s own equity as we did not have the ability to control whether the settlement of the conversion feature, if settled in full, would be in cash or shares due to the approval requirement to issue those shares. As a result, we concluded that the embedded conversion option must be separated from the debt liability, separately valued, and accounted for as a derivative liability. The initial value allocated to the derivative liability was $115.3 million, with a corresponding reduction in the carrying value of the 2027 Notes. The derivative liability was reported within Convertible debt in the Consolidated balance sheets at December 31, 2020 and was marked to fair value through earnings. The $389.1 million debt liability component of the 2027 Notes was initially measured at fair value using the present value of its cash flows at a discount rate of 10.7% and is reported as Convertible debt in the Consolidated balance sheets. The debt liability component of the 2027 Notes is classified as Level 2 because it is measured at fair value using commonly accepted valuation methodologies and indirectly observable, market-based risk measurements and historical data, and a review of prices and terms available for similar debt instruments that do not contain a conversion feature. At the Special Meeting of stockholders of the Company, held on February 26, 2021, our stockholders approved the issuance of the maximum number of shares of Common Stock issuable upon conversion of the 2027 Notes. As a result, the conversion option can be share-settled in full. The Company concluded that as of February 26, 2021, the conversion option qualified for equity classification and the bifurcated derivative liability no longer needed to be accounted for as a separate derivative on a prospective basis from the date of reassessment. As of February 26, 2021, the fair value of the conversion option of $316.2 million was reclassified to Equity as Additional paid-in capital. Any remaining debt discount that arose at the date of debt issuance from the original bifurcation will continue to be amortized through interest expense. As of February 26, 2021, the date of reassessment, and December 31, 2020, the estimated fair value of the derivative liability for the embedded conversion feature was $316.2 million and $189.6 million, respectively. At December 31, 2020, the derivative liability was reported within Convertible debt in the Consolidated balance sheets. The derivative liability was classified as Level 3 because it is measured at fair value on a recurring basis using a binomial lattice model using assumptions based on market information and historical data, and significant unobservable inputs. The increase in the fair value of the derivative liability of $126.6 million at the date of reassessment and reclassification to Equity was due to the increase in our stock price, partially offset by the increase in the discount rate, and was recorded in Non-Operating Other (income) expense, net in the Consolidated statements of operations and comprehensive income (loss) for the year ended December 31, 2021. The loss due to the revaluation of the derivative is not deductible for tax purposes. The assumptions used to determine the fair value as of February 26, 2021 and December 31, 2020 were: February 26, 2021 December 31, 2020 Annual volatility 70.0 % 70.0 % Discount rate 12.2 % 9.3 % Stock price $ 4.95 $ 3.36 Debt issuance costs of $2.3 million will be amortized over the 7-year contractual life of the 2027 Notes. The unamortized original issue discount will be amortized over the remaining contractual life of the 2027 Notes. In connection with the 2027 Notes, the Company recognized amortization of the original issue discount and amortization of debt issuance costs of $10.9 million and $0.2 million, respectively, and recognized $29.8 million of interest expense. As of December 31, 2021, the effective interest rate on the liability component of the 2027 Notes was 10.5%. For the year ended December 31, 2021, no shares were issued upon conversion, exercise, or satisfaction of the required conditions. Refer to Note 13 — Supplemental equity information for details on the convertible debt's impact to diluted earnings per share under the if-converted method. In November 2021, we entered into separate, privately negotiated agreements with certain holders of our 2027 Notes and repurchased $11.8 million aggregate principal of our outstanding 2027 Notes for $15.3 million in cash, including accrued interest. The repurchase was treated as an extinguishment of a portion of the 2027 Notes and as a result, for the year ended December 31, 2021 the Company recognized a Loss on extinguishment of $0.8 million and a write-off of unamortized original issue discount of $2.3 million and an immaterial write-off of unamortized deferred financing costs. The repurchase of the 2027 Notes resulted in a $4.2 million reduction in Additional paid-in capital, net of tax, in the Consolidated balance sheets. The remaining 2027 Notes are convertible into 97.1 million shares of Common Stock, based on a conversion price of $5.00 per share. Senior Convertible Notes due 2024 The $3.3 million principal value of the remaining 4.75% convertible senior notes due 2024 (the "2024 Notes") outstanding is reported as convertible debt in the Consolidated balance sheets. The effective interest rate on the 2024 Notes was 6.05% as of December 31, 2021. Future debt obligation payments Future debt obligation payments for the year ended December 31, are as follows: In thousands Principal payments 2022 $ 69,500 2023 51,600 2024 54,900 2025 51,600 2026 655,805 Thereafter 485,286 Total debt obligations $ 1,368,691

Pensions and other postretireme

Pensions and other postretirement benefit plans	12 Months Ended
	Dec. 31, 2021
Retirement Benefits [Abstract]
Pensions and other postretirement benefit plans	NOTE 10 — Pensions and other postretirement benefit plans We, along with our subsidiaries, sponsor various defined benefit retirement plans, including plans established under collective bargaining agreements. Our retirement plans include: the Gannett Retirement Plan (the "GR Plan"), the Newsquest and Romanes Pension Schemes in the U.K. (the "U.K. Pension Plans"), the Newspaper Guild of Detroit Pension Plan, the George W. Prescott Publishing Company Pension Plan (the "GWP Plan") and the Times Publishing Company Defined Benefit Pension Plan (the "TPC Plan") plan. The GWP Plan was amended to freeze all future benefit accruals by December 31, 2008, except for a select group of union employees whose benefits were frozen in 2009, the GR Plan was amended to freeze all future benefit accruals by August 1, 2008, except for a select group of unions and the TPC Plan was frozen as of May 31, 2007, prior to the Company's acquisition of the TPC Plan. The Company also maintains several postretirement medical and life insurance plans which cover certain employees. We also provide health care and life insurance benefits to certain retired employees who meet age and service requirements. Most of our retirees contribute to the cost of these benefits and retiree contributions are increased as actual benefit costs increase. The cost of providing retiree health care and life insurance benefits is actuarially determined. Our policy is to fund benefits as claims and premiums are paid. We use a December 31 measurement date for these plans. The following table presents the change in the projected benefit obligation for the years ended December 31: Pension benefits Postretirement benefits In thousands 2021 2020 2021 2020 Projected benefit obligation at beginning of period $ 3,161,146 $ 2,973,182 $ 75,586 $ 73,667 Service cost 2,064 2,618 89 105 Interest cost 68,139 82,581 1,758 2,315 Change in prior service cost — 1,905 — — Actuarial (gain) loss (41,239) 257,110 (7,936) 6,648 Foreign currency translation (7,182) 38,003 — — Benefits and expenses paid (179,604) (187,014) (5,459) (7,149) Settlements — (6,336) — — Administrative expenses — (903) — — Projected benefit obligation at end of period $ 3,003,324 $ 3,161,146 $ 64,038 $ 75,586 The following table presents the change in the fair value of plan assets for the years ended December 31, and the plans’ funded status at December 31: Pension benefits Postretirement benefits In thousands 2021 2020 2021 2020 Fair value of plan assets at beginning of period $ 3,225,372 $ 2,856,296 $ — $ — Actual return on plan assets 130,026 481,311 — — Employer contributions 52,161 41,018 5,459 7,078 Settlements — (6,322) — — Benefits paid (179,604) (187,014) (5,459) (7,078) Administrative expenses — (903) — — Foreign currency translation (9,002) 40,986 — — Fair value of plan assets at end of period $ 3,218,953 $ 3,225,372 $ — $ — Funded status at end of period 215,629 64,226 (64,038) (75,586) Unrecognized actuarial (gain) loss (75,280) (69,640) (2,652) 5,195 Unrecognized prior service cost 1,894 1,905 — — Net prepaid (accrued) benefit cost 142,243 (3,509) (66,690) (70,391) Amounts recognized in the Consolidated balance sheets at December 31, are listed below: Pension benefits Postretirement benefits In thousands 2021 2020 2021 2020 Other assets $ 229,585 $ 95,180 $ — $ — Accounts payable and accrued liabilities 332 332 5,725 6,443 Pension and other postretirement benefit obligations 13,624 30,622 58,313 69,143 Accumulated other comprehensive (loss) income 73,386 67,735 2,652 (5,195) Net prepaid (accrued) benefit cost $ 142,243 $ (3,509) $ (66,690) $ (70,391) Accumulated pension benefit obligations were $3.0 billion and $3.2 billion as of December 31, 2021 and 2020 , respectively. For the Funded plans, the fair value of plan assets exceeds the projected benefit obligation and accumulated benefit obligation. For the Underfunded plans, the projected benefit obligation and accumulated benefit obligation exceed the fair value of plan assets. Information about funded and unfunded pension plans at December 31: Funded plans Underfunded plans In thousands 2021 2020 2021 2020 Projected benefit obligation $ 2,927,968 $ 2,957,432 $ 75,356 $ 203,714 Accumulated benefit obligation 2,925,870 2,956,973 75,356 201,755 Fair value of plan assets 3,157,553 3,052,612 61,400 172,760 Net periodic benefit cost and amounts recognized in Other comprehensive income (loss) The combined net pension and postretirement benefit recognized in the Consolidated statements of operations and comprehensive income (loss) was $93.2 million, $69.4 million and $8.1 million for the years ended December 31, 2021, 2020, and 2019, respectively. The following table presents the components of net periodic benefit expense (benefit) at December 31, 2021, 2020 and 2019: Pension benefits Postretirement benefits In thousands 2021 2020 2019 2021 2020 2019 Components of net periodic benefit cost: Operating expenses: Service cost - benefits earned during the period $ 2,064 $ 2,618 $ 999 $ 89 $ 105 $ 17 Non-operating expenses: Interest cost on benefit obligations 68,139 82,581 12,408 1,758 2,315 419 Expected return on plan assets (165,390) (157,082) (22,303) — — — Amortization of actuarial loss (gain) 152 102 158 (88) (65) (72) Other adjustment 72 — 305 — — — Total non-operating (benefit) expense (97,027) (74,399) (9,432) 1,670 2,250 347 Total (benefit) expense for retirement plans $ (94,963) $ (71,781) $ (8,433) $ 1,759 $ 2,355 $ 364 Other changes in plan assets and benefit obligations recognized in Other comprehensive income: Net actuarial loss (gain) $ (5,875) $ (67,119) $ (12,050) $ (7,936) $ 6,648 $ (484) Amortization of net actuarial gain (loss) (152) (102) (158) 88 65 72 Change in prior service cost — 1,905 — — — — Other adjustment 387 2,108 (305) — — — (Gain) loss recognized in Other comprehensive income $ (5,640) $ (63,208) $ (12,513) $ (7,848) $ 6,713 $ (412) Assumptions The following assumptions were used in connection with the Company’s actuarial valuation of its pension plans and postretirement benefit obligations at December 31 : Pension benefits Postretirement benefits 2021 2020 2021 2020 Weighted average discount rate 2.6 % 2.2 % 3.0 % 2.6 % Rate of increase in future compensation levels (a) 2.0 % 2.0 % N/A N/A Current year medical trend N/A N/A 6.0 % 5.5 % Ultimate year medical trend N/A N/A 4.5 % 4.5 % Year of ultimate trend N/A N/A 2028 2025 (a) Relates only to the Newspaper Guild of Detroit defined benefit pension plans. The following assumptions were used to calculate the net periodic benefit cost for the Company’s pension plans and postretirement benefit obligations at December 31, 2021, 2020 and 2019: Pension benefits Postretirement benefits 2021 2020 2019 2021 2020 2019 Weighted average discount rate 2.2 % 2.9 % 3.1 % 2.6 % 3.3 % 3.3 % Rate of increase in future compensation levels (a) 2.0 % 2.0 % 2.0 % N/A N/A N/A Weighted average expected return on assets 5.3 % 5.8 % 6.1 % N/A N/A N/A Current year medical trend N/A N/A N/A 6.0 % 6.0 % 6.1 % Ultimate year medical trend N/A N/A N/A 4.5 % 4.5 % 4.5 % Year of ultimate trend N/A N/A N/A 2028 2025 2035 (a) Relates only to the Newspaper Guild of Detroit defined benefit pension plans. To determine the expected long-term rate of return on pension plan assets, the Company considers the current and expected asset allocations as well as historical and expected returns on various categories of plan assets, input from the actuaries and investment consultants, and long-term inflation assumptions. The expected allocation of pension plan assets is based on a diversified portfolio consisting of domestic and international equity securities and fixed income securities. This expected return is then applied to the fair value of plan assets. The Company amortizes experience gains and losses, including the effects of changes in actuarial assumptions and plan provisions, over a period equal to the average future service of plan participants or over the average remaining life expectancy of inactive participants. The fiduciaries of the pension plans set investment policies and strategies for the pension trusts. Objectives include preserving the funded status of the plan and balancing risk against return. The weighted average target asset allocation of our plans for 2022 and allocations at the end of 2021 and 2020, by asset category, are presented in the table below: Target allocation Allocation of plan assets 2022 2021 2020 Equity securities 20% 21% 36% Debt securities 65% 65% 50% Alternative investments (a) 15% 14% 14% Total 100% 100% 100% (a) Alternative investments include real estate, private equity and hedge funds. Contributions We are contractually obligated to contribute to our pension and postretirement benefit plans. During the year ended December 31, 2021, we contributed $52.2 million and $5.5 million to our pension and other postretirement plans, respectively, including $11 million in minimum required contributions for the GR Plan attributable to the 2019 plan year, as required by the Employee Retirement Income Security Act of 1974, and which in response to the COVID-19 pandemic, were deferred until January 4, 2021. Future contributions to our pension and postretirement benefit plans, which we are contractually obligated to contribute, are estimated to be $29.5 million in 2022. Contributions beyond 2022 are not estimated due to uncertainties regarding significant assumptions involved in estimating these contributions, such as interest rate levels, as well as the amount and timing of invested asset returns. These future contributions do not include additional contributions which may be required to meet IRS minimum funding standards as these contributions are subject to uncertainties regarding significant assumptions involved in their estimation such as interest rate levels as well as the amount and timing of invested asset returns. Estimated Future Benefit Payments We estimate making the following benefit payments, which reflect expected future service: In thousands Pension benefits Postretirement benefits 2022 $ 195,014 $ 5,809 2023 190,610 5,538 2024 188,805 5,286 2025 187,365 5,016 2026 183,336 4,736 Thereafter 806,672 20,016 The amounts above exclude the participants' share of the benefit cost. We expect no subsidy benefits for 2022 and beyond. Multiemployer plans The Company is a participant in six multiemployer pension plans covering certain employees with collective bargaining agreements ("CBAs"). The risks of participating in these multiemployer plans are different from single-employer plans in the following aspects: • The Company plays no part in the management of plan investments or any other aspect of plan administration; • Assets contributed to the multiemployer plan by one employer may be used to provide benefits to employees of other participating employers; • If a participating employer stops contributing to the plan, the unfunded obligations of the plan may be borne by the remaining participating employers; and • If the Company chooses to stop participating in some of its multiemployer plans, the Company may be required to pay those plans in an amount based on the unfunded status of the plan, referred to as withdrawal liability. The Company’s participation in these plans for the year ended December 31, 2021, is outlined in the table below. The "EIN/Pension Plan Number" column provides the Employee Identification Number ("EIN") and the three-digit plan number. Unless otherwise noted, the two most recent Pension Protection Act zone statuses available are for the plans for the years ended December 31, 2021, and 2020, respectively. The zone status is based on information the Company received from the plan and is certified by the plan’s actuary. Among other factors, plans in the red zone are generally less than 65% funded; plans in the orange zone are both (i) less than 80% funded and (ii) have an accumulated/expected funding deficiency in any of the next six plan years, net of any amortization extensions; plans in the yellow zone meet either one of the criteria mentioned in the orange zone; and plans in the green zone are at least 80% funded. The "FIP/RP Status Pending/Implemented" column indicates plans for which a financial improvement plan ("FIP") or a rehabilitation plan ("RP") is either pending or has been implemented. The last column lists the expiration date(s) of the collective-bargaining agreement(s) to which the plans are subject. The Company makes all required contributions to these plans as determined under the respective CBAs. For each of the plans listed below, the Company’s contribution represented less than 5% of total contributions to the plan. EIN/Plan number Zone status Year Ended FIP/RP status Contributions (In thousands) Surcharge imposed Expiration dates of CBAs Pension Plan Name December 31, 2021 December 31, 2020 2021 2020 2019 CWA/ITU Negotiated Pension Plan 13-6212879/001 Red Red Implemented $ 369 $ 393 $ 51 No 1/24/2021 GCIU—Employer Retirement Benefit Plan (a) 91-6024903/001 Red Red Implemented 63 89 75 No 1/5/2022 The Newspaper Guild International Pension Plan (a) 52-1082662/001 Red Red Implemented 12 92 31 No 10/6/2021 IAM National Pension Plan (a) (b) 51-6031295/002 Red Red Implemented 188 173 11 No January 8, 2022 and December 28, 2023 Teamsters Pension Trust Fund of Philadelphia and Vicinity (a) 23-1511735/001 Yellow Yellow Implemented 1,098 1,218 139 N/A (c) Central Pension Fund of the International Union of Operating Engineers and Participating Employers (a) 36-6052390/001 Green as of Jan. 31, 2021 Green as of Jan. 31, 2020 N/A 59 59 6 N/A 1/9/2022 Total $ 1,789 $ 2,024 $ 313 (a) This plan has elected to utilize special amortization provisions provided under the Preservation of Access to Care for Medicare Beneficiaries and Pension Relief Act of 2010. (b) The trustees of this plan have voluntarily elected to put the fund in critical status to strengthen its funding position. (c) In February 2018, an interim agreement was executed to maintain the terms and contributions of the plan past the expiration date of 12/31/2017. This agreement is subject to additional negotiation. As of December 31, 2021, the total unpaid balance for the Company's withdrawal liabilities was approximately $39.6 million, which are payable over 17.2 years. Defined contribution plans Effective January 1, 2021, the Gannett Co., Inc. 401(k) Savings Plan, was renamed the Gannett Media Corp. 401(k) Savings Plan (the "Gannett 401(k) Plan"). In addition, the New Media Investment Group Inc. Retirement Savings Plan (the "New Media 401(k) Plan") was merged into the Gannett 401(k) Plan and the New Media 401(k) Plan was discontinued. Employees are immediately eligible to participate in the Gannett 401(k) Plan and can elect to save up to 75% of compensation on a pre-tax basis, subject to IRS limitations. Effective January 1, 2021, employees covered under collective bargaining agreements are eligible to participate in the Gannett 401(k) Plan only if participation has been bargained, unless previously eligible in the New Media 401(k) Plan. The plan's matching formula is 100% of the first 4% of employee contributions and 50% on the next 2% of employee contributions. Matching contributions to the Gannett 401(k) Plan, with the exception of certain employees covered under collective bargain agreements, were suspended in August 2020. Beginning on July 4, 2021 or July 5, 2021 (as applicable) matching contributions to the Gannett 401(k) Plan were reinstated with eligible pay. For the years ended December 31, 2021, 2020, and 2019, the Company's matching contributions were $8.2 million, $16.0 million and $4.9 million, respectively.

Fair value measurement

Fair value measurement	12 Months Ended
	Dec. 31, 2021
Fair Value Disclosures [Abstract]
Fair value measurement	NOTE 11 — Fair value measurement In accordance with ASC 820, "Fair Value Measurement," fair value measurements are required to be disclosed using a three-tiered fair value hierarchy which distinguishes between assumptions based on market data (observable inputs) and the Company’s own assumptions (unobservable inputs). Level 1 refers to fair values determined based on quoted prices in active markets for identical assets or liabilities, Level 2 refers to fair values estimated using significant other observable inputs and Level 3 includes fair values estimated using significant unobservable inputs. As of December 31, 2021, and December 31, 2020, assets and liabilities recorded at fair value and measured on a recurring basis primarily consist of pension plan assets. As permitted by GAAP, we use net asset values ("NAV") as a practical expedient to determine the fair value of certain investments. These investments measured at NAV have not been classified in the fair value hierarchy. The New Senior Secured Term Loan is recorded at carrying value, which approximates fair value, in the Consolidated balance sheets and is classified as Level 2. Refer to additional discussion regarding fair value of the 2026 Senior Notes and the 2027 Notes, including debt and embedded derivative components in Note 9 — Debt . Certain assets are measured at fair value on a nonrecurring basis; that is, the instruments are not measured at fair value on an ongoing basis but are subject to fair value adjustments only in certain circumstances (for example, when there is evidence of impairment). Assets held for sale (Level 3) are measured on a nonrecurring basis and are evaluated using executed purchase agreements, letters of intent or third-party valuation analyses when certain circumstances arise. At December 31, 2021 and December 31, 2020, the Company had Assets held for sale of $3.5 million and $14.7 million, respectively. The Company performs its annual goodwill and indefinite-lived intangible impairment assessment during the second quarter of the year. Any resulting asset impairment would require that the asset be recorded at its fair value. The resulting fair value measurements of the assets are considered to be Level 3 measurements. Refer to Note 7 — Goodwill and intangible assets for additional discussion regarding the annual impairment assessment. The following table sets forth by level, within the fair value hierarchy, the fair values of assets related to the following pension plans: the (i) GWP Plan, (ii) TPC Plan, (iii) GR Plan, (iv) U.K. Pension Plans and (v) Newspaper Guild of Detroit Pension Plan as of December 31, 2021 : Pension Plan Assets and Liabilities as of December 31, 2021 In thousands Level 1 Level 2 Level 3 Total Assets: Cash and cash equivalents $ 21,829 $ 4,187 $ — $ 26,016 Corporate common stock 293,563 — — 293,563 Corporate and government bonds — 337,785 — 337,785 Real estate — — 150,589 150,589 Interest in common/collective trusts: Equities 30,633 403,025 — 433,658 Fixed income 23,943 1,347,233 — 1,371,176 Interest in 103-12 investment entities — 75,481 — 75,481 Partnership/joint venture interests — — 186,817 186,817 Hedge funds — — 100,828 100,828 Other assets — — 2 2 Total plan assets at fair value excluding those measured at NAV 369,968 2,167,711 438,236 2,975,915 Instruments measured at NAV using the practical expedient: Real estate funds 11,856 Interest in common/collective trusts: Equities 87,221 Fixed income 93,819 Partnerships/joint ventures 53,009 Total plan assets at fair value $ 3,221,820 Liabilities: Other liabilities $ (361) $ (498) $ (2,008) $ (2,867) Total plan liabilities at fair value $ (361) $ (498) $ (2,008) $ (2,867) The following table sets forth a summary of changes in the fair value of the Level 3 pension plan assets for the year ended December 31, 2021: Actual return on plan In thousands Balance at Relating to assets still held at report date Relating to assets sold during the period Purchases Sales Settlements Balance at Assets: Real estate $ 125,929 $ 17,874 $ — $ 9,082 $ (2,296) $ — $ 150,589 Partnership/joint venture interests 174,789 7,607 — 35,964 (26,339) (5,204) 186,817 Hedge funds 113,850 6,978 — — — (20,000) 100,828 Other assets 2 — — — — — 2 Total assets $ 414,570 $ 32,459 $ — $ 45,046 $ (28,635) $ (25,204) $ 438,236 Liabilities: Other liabilities $ 2,008 $ — $ — $ — $ — $ — $ 2,008 There were no transfers between Levels 1 and 2 for the year ended December 31, 2021. The following table sets forth by level, within the fair value hierarchy, the fair values of assets and liabilities related to the following pension plans: the (i) GWP Plan, (ii) TPC Plan, (iii) GR Plan, (iv) U.K. Pension Plans and (v) the Newspaper Guild of Detroit Pension Plan as of December 31, 2020 : Pension Plan Assets and Liabilities as of December 31, 2020 In thousands Level 1 Level 2 Level 3 Total Assets: Cash and cash equivalents $ 14,975 $ 4,577 $ — $ 19,552 Corporate common stock 517,123 — — 517,123 Real estate — $ 1,096 125,929 127,025 Interest in registered investment companies: Equities 19,398 559,190 — 578,588 Fixed income 23,481 1,427,963 — 1,451,444 Interest in 103-12 investment entities — 76,430 — 76,430 Partnership/joint venture interests — — 174,789 174,789 Hedge funds — — 113,850 113,850 Derivative contracts 3,307 — 2 3,309 Total plan assets at fair value, excluding those measured at NAV $ 578,284 $ 2,069,256 $ 414,570 $ 3,062,110 Assets measured at NAV using the practical expedient: Real estate funds 10,581 Interest in common/collective trusts: Equities 48,632 Fixed income 53,178 Partnership/joint venture interests 53,377 Total plan assets at fair value $ 3,227,878 Liabilities: Derivative liabilities $ — $ (498) $ (2,008) $ (2,506) Total plan liabilities at fair value $ — $ (498) $ (2,008) $ (2,506) The following table sets forth a summary of changes in the fair value of the Level 3 pension plan assets and liabilities for the year ended December 31, 2020 : Actual return on plan In thousands Balance at Relating to assets still held at report date Relating to assets sold during the period Purchases Sales Settlements Balance at Assets: Real estate $ 99,223 $ 2,556 $ — $ 24,150 $ — $ — $ 125,929 Partnership/joint venture interests 149,018 2,845 — 54,543 (31,617) — 174,789 Hedge funds 123,126 5,724 — — — (15,000) 113,850 Derivative contracts 5 (3) — — — — 2 Total assets $ 371,372 $ 11,122 $ — $ 78,693 $ (31,617) $ (15,000) $ 414,570 Liabilities: Derivative liabilities $ 2,008 $ — $ — $ — $ — $ — $ 2,008 There were no transfers between Levels 1 and 2 for the year ended December 31, 2020. Valuation methodologies used for pension plan assets and liabilities measured at fair value are as follows: • Corporate common stock is valued primarily at the closing price reported on the active market on which the individual securities are traded; • Investments in direct real estate have been valued by an independent qualified valuation professional in the U.K. using a valuation approach that capitalizes any current or future income streams at an appropriate multiplier. Investments in real estate funds are mainly valued utilizing the net asset valuations provided by the underlying private investment companies or through proprietary models with varying degrees of complexity; • Interests in common/collective trusts and interests in 103-12 investments are primarily equity and fixed income investments valued using net asset values provided by the administrator of the underlying fund available daily to the Company. Unit price of common/collective trusts are often based on underlying investments, which are traded on an active market. Where daily net asset values are not provided, interests in common/collective trusts and interests in 103-12 investments are valued either through the use of a net asset value as provided monthly by the fund family or fund company or through proprietary models with varying degrees of complexity. Shares in the common/collective trusts are generally redeemable upon request; • Investments in partnerships and joint venture interests classified in Level 3 are valued based on an assessment of each underlying investment, considering items such as expected cash flows, changes in market outlook and subsequent rounds of financing. These investments are included in Level 3 of the fair value hierarchy because exit prices tend to be unobservable and reliance is placed on the above methods. Most of the partnerships are general leveraged buyout funds, others include a venture capital fund, a fund formed to invest in special credit opportunities, an infrastructure fund and a real estate fund. Interest in partnership investments could be sold on the secondary market but cannot be redeemed. Instead, distributions are received as the underlying assets of the funds are liquidated. As of December 31, 2021 and 2020, there are $4.0 million and $6.6 million, respectively, in unfunded commitments related to partnership/joint venture interests. One of the Plan's investments in partnerships and joint venture interests represents a limited partnership commingled fund valued using the net asset value as reported by the fund manager; • Corporate bonds are a type of debt security issued by a corporation and are primarily valued using trades or quotes in the market for that specific issue or similar security; • Investments in hedge funds consist of hedge funds whose strategy is to produce a return uncorrelated with market movements. This fund is classified as a Level 3 because its valuation is derived from unobservable inputs and a proprietary assessment of the underlying investments. Shares in the hedge funds are generally redeemable twice a year or on the last business day of each quarter with at least 60 days written notice subject to a potential 5% holdback; and • Derivatives primarily consist of forward and swap contracts. Forward contracts are valued at the spot rate, plus or minus forward points between the valuation date and maturity date. Swaps are valued at the mid-evaluation price using discounted cash flow models. Items in Level 3 are valued based on the market values of other securities for which they represent a synthetic combination.

Income taxes

Income taxes	12 Months Ended
	Dec. 31, 2021
Income Tax Disclosure [Abstract]
Income taxes	NOTE 12 — Income taxes The components of Net income (loss) before income taxes consist of the following: Year ended December 31, In thousands 2021 2020 2019 Domestic $ (152,796) $ (646,795) $ (206,270) Foreign 64,875 (59,052) (914) Total $ (87,921) $ (705,847) $ (207,184) The Provision (benefit) for income taxes consists of the following: Year ended December 31, In thousands 2021 2020 2019 Current: Federal $ 579 $ (6,896) $ 113 State and local 1,180 1,877 1,725 Foreign 1,521 1,744 (68) Total current 3,280 (3,275) 1,770 Deferred: Federal 27,842 (20,832) (85,144) State and local 1,663 (12,064) (2,833) Foreign 15,465 2,721 213 Total deferred 44,970 (30,175) (87,764) Provision (benefit) for income taxes $ 48,250 $ (33,450) $ (85,994) The Provision (benefit) for income taxes varies from the Federal statutory tax rate as a result of the following differences: Year ended December 31, 2021 2020 2019 Federal statutory tax rate 21.0 % 21.0 % 21.0 % (Increase) decrease in taxes resulting from: State and local income taxes, net of federal benefit (3.0) 1.4 0.7 Debt refinancing (30.2) (2.5) — Change in valuation allowance (40.6) (9.2) 22.6 Non-deductible meals, entertainment, and other expenses (2.3) (0.3) (0.8) Capital loss carryforward (1.6) — — PPP Loan forgiveness 3.8 — — Global intangible low-taxed income (5.8) — — Branch income 1.6 0.1 — Profit on non-qualifying land and buildings 2.4 (0.1) — Uncertain tax positions (8.6) (1.0) (0.4) Deduction for interest expense 8.4 0.9 0.4 Transaction costs — (0.1) (2.0) Goodwill Impairment — (5.5) — Effective tax rate NM 4.7 % 41.5 % NM indicates not meaningful. The tax effects of temporary differences that give rise to the deferred tax assets and deferred tax liabilities are presented below: December 31, In thousands 2021 2020 Deferred tax liabilities: Fixed Assets $ (16,350) $ (31,439) Right of use asset (80,033) (82,275) Convertible debt (27,567) (27,674) Pension and other postretirement benefit obligations (24,900) — Definite and indefinite lived intangible assets (50,738) (62,666) Total deferred tax liabilities $ (199,588) $ (204,054) Deferred tax assets: Accrued compensation costs 12,796 33,325 Accrued liabilities 15,760 18,341 Disallowed interest 83,370 56,527 Goodwill 12,624 27,182 Pension and other postretirement benefit obligations — 21,525 Partnership investments including impairments 301 3,837 Loss carryforwards 255,874 233,049 Lease liabilities 72,728 82,369 Derivative liability — 32,534 Other 24,065 29,286 Total deferred tax assets $ 477,518 $ 537,975 Less: Valuation allowance (274,343) (250,536) Total net deferred tax assets $ 203,175 $ 287,439 Noncurrent net deferred tax assets (liabilities) $ 3,587 $ 83,385 In assessing the realizability of deferred tax assets, management considered whether it is more likely than not that some portion or all of the deferred tax assets will not be realized. The ultimate realization of deferred tax assets is dependent upon the generation of future taxable income during the periods in which those temporary differences become deductible. During the year ended December 31, 2021, the Company recorded $23.4 million of valuation allowances against its deferred tax assets. The Company considered all available evidence, both positive and negative, to determine whether, based on the weight of that evidence, a valuation allowance for deferred tax assets was needed. The Company reached the conclusion it was appropriate to record a valuation allowance against a portion of its federal deferred tax assets in light of available evidence. We relied on evidence shown by reversing taxable temporary differences, as well as expectations of future taxable income with the appropriate tax character. The increase in valuation allowance relates to non-deductible interest expense and capital loss carryforwards. During the year ended December 31, 2020, the Company recorded an additional $90.0 million of valuation allowances against its deferred tax assets. The increase in valuation allowance relates to non-deductible interest expense and capital loss carryforwards. The Company continues to maintain its existing valuation allowance against net deferred tax assets in many of its state and foreign jurisdictions as it is not believed to be more likely than not that its deferred tax assets will be realized in such jurisdictions. The following table summarizes the activity related to our valuation allowance for deferred tax assets for the year ended December 31, 2021 (In thousands ): Balance at beginning of period Additions/(reductions) charged to expenses Additions/(reductions) for acquisitions/dispositions Other additions to (deductions from) reserves Foreign currency translation Balance at end of period $ 250,536 $ 23,438 $ — $ — $ 369 $ 274,343 The aforementioned valuation allowance relates to unamortizable intangible assets, nondeductible interest expense carryforwards, capital losses, state and foreign net operating losses and other tax attributes. As of December 31, 2021, the Company had $613.4 million of Federal net operating loss ("NOL") carryforwards, $334.2 million of Federal disallowed business interest expense carryforwards, $1.079 billion of apportioned state NOL carryforwards, and $241.3 million of foreign net NOL carryforwards, which are available to offset future taxable income. Additionally, as of December 31, 2021, the Company had $6.0 million of other business tax credits, $0.3 million of foreign tax credits, $5.2 million of state credits, and $54.7 million of foreign capital loss carryforwards. The Federal NOL carryforwards begin to expire in 2031 and the state NOL carryforwards began to expire in 2021. A portion of the NOL's are subject to the limitations of Internal Revenue Code Section 382. This section provides limitations on the availability of NOL's to offset current taxable income if significant ownership changes have occurred for federal tax purposes. The following table summarizes the activity related to unrecognized tax benefits, excluding the federal tax benefit of state tax deductions: Year ended December 31, In thousands 2021 2020 2019 Change in unrecognized tax benefits: Balance at beginning of year $ 40,885 $ 34,074 $ 1,190 Additions based on tax positions related to the current year 6,574 6,617 658 Additions for tax positions of prior years 607 1,611 — Reductions for tax positions of prior years (1,984) (1,417) (352) Increase due to current year business acquisitions — — 32,578 Balance at end of year $ 46,082 $ 40,885 $ 34,074 At December 31, 2021, the Company’s uncertain tax positions of $45.0 million, if recognized, would impact the effective tax rate. It is reasonably possible that further adjustments to our unrecognized tax benefits may be made within the next twelve months due to audit settlements and regulatory interpretations of existing tax laws. At this time, an estimate of potential change to the amount of unrecognized tax benefits cannot be made. The Company recognizes interest and penalties related to unrecognized tax benefits as a component of income tax expense. At December 31, 2021 and 2020, the accrual for uncertain tax positions included $3.7 million and $2.6 million of interest and penalties, respectively. The Company files a Federal consolidated income tax return for which the statute of limitations remains open for the 2015 tax year and subsequent years. U.S. state jurisdictions have statute of limitations generally ranging from 3 to 6 years. The

Supplemental equity information

Supplemental equity information	12 Months Ended
	Dec. 31, 2021
Equity [Abstract]
Supplemental equity information	NOTE 13 — Supplemental equity information Loss per share The following table sets forth the information to compute basic and diluted loss per share: Year ended December 31, In thousands, except per share data 2021 2020 2019 Net loss attributable to Gannett $ (134,962) $ (670,479) $ (119,842) Basic weighted average shares outstanding 134,783 131,742 67,671 Diluted weighted average shares outstanding 134,783 131,742 67,671 The Company excluded the following securities from the computation of diluted income per share because their effect would have been antidilutive: Year ended December 31, In thousands 2021 2020 2019 Warrants 845 845 1,362 Stock options 6,068 6,068 2,905 Restricted stock grants (a) 9,854 7,694 9,494 2027 Notes (b) 98,168 27,482 — (a) Includes Restricted stock awards ("RSA"), Restricted stock units ("RSU") and Performance stock units ("PSU"). (b) Represents the total number of shares that would be convertible at December 31, 2021 and 2020 as stipulated in the 2027 Notes Indenture. The amount for the year ended December 31, 2021 reflects the adjustment for the weighted average impact of the repurchase of $11.8 million aggregate principal of 2027 Notes as described below . The 2027 Notes may be converted at any time by the holders into cash, shares of the Company’s Common Stock or any combination of cash and Common Stock, at the Company’s election. In November 2021, we entered into separate, privately negotiated agreements with certain holders of our 2027 Notes and repurchased $11.8 million aggregate principal of our outstanding 2027 Notes for $15.3 million in cash, including accrued interest. At December 31, 2021, conversion of all of the 2027 Notes into Common Stock (assuming the maximum increase in the conversion rate as a result of a Make-Whole Fundamental Change but no other adjustments to the conversion rate), would result in the issuance of an aggregate of 287.2 million shares of Common Stock. The Company has excluded approximately 190.1 million shares from the loss per share calculation, representing the difference between the total number of shares that would be convertible at December 31, 2021 and the total number of shares issuable assuming the maximum increase in the conversion rate. Shelf registration statement On March 19, 2021, we filed an automatic shelf registration statement with the SEC, under which we have the ability to offer and sell an indeterminate amount of various types of securities in the future. This replaced our previous shelf registration statement dated April 5, 2018. The specific terms of any securities that may be issued under our shelf registration statement and the timing of any such offers and sales will depend on a variety of factors, including the underlying price of our Common Stock and our capital needs. We believe that the shelf registration statement provides us with additional financing flexibility to efficiently access the capital markets when desired. Share-based compensation Share-based compensation expense was $18.4 million, $26.4 million and $11.3 million for the years ended December 31, 2021 , 2020, and 2019, respectively. Total compensation cost not yet recognized related to non-vested awards as of December 31, 2021 was $24.8 million, which is expected to be recognized over a weighted average period of 2.0 years through November 2023. Equity awards On February 26, 2020, the Company adopted the 2020 Omnibus Incentive Compensation Plan (the "2020 Incentive Plan") to reinforce the long-term commitment of the Company's independent directors, officers and other employees and consultants to the Company's success, assist the Company in attracting and retaining individuals with experience and ability, and to benefit the Company's stockholders by encouraging high levels of performance by individuals whose performance is a key element in achieving the Company's continued success. The Company also has granted awards under the Gannett Co. Inc. 2015 Omnibus Incentive Compensation Plan (the "2015 Incentive Plan"), which was frozen on December 20, 2020 such that no new awards were granted pursuant to the 2015 Incentive Plan after this date. With respect to restricted stock awards ("RSAs"), the 2020 Incentive Plan provides that if service terminates for certain specified conditions, all unvested shares of restricted stock may be forfeited. During the period prior to the lapse and removal of the vesting restrictions, a grantee of a RSA will have all the rights of a stockholder, including without limitation, the right to vote and the right to receive all dividends or other distributions. Any dividends or other distributions that are declared with respect to the shares of restricted stock will be paid at the time such shares vest. The value of the RSAs on the date of issuance is recognized in Selling, general, and administrative expenses over the vesting period with a corresponding increase to additional paid-in-capital. RSAs generally vest in equal annual installments over a three-year period subject to the participants' continued employment with the Company. The following table outlines RSA activity: Year ended December 31, 2021 2020 2019 Number of RSAs (In thousands) Weighted- Number of RSAs (In thousands) Weighted- Number of RSAs (In thousands) Weighted- Unvested at beginning of year 5,181 $ 3.39 317 $ 14.61 384 $ 16.11 Granted 4,100 5.29 6,781 3.35 301 13.62 Vested (1,956) 3.80 (1,280) 5.72 (274) 15.45 Forfeited (376) 4.76 (637) 3.90 (94) 15.12 Unvested at end of year 6,949 $ 4.32 5,181 $ 3.39 317 $ 14.61 As of December 31, 2021, the aggregate intrinsic value of unvested RSAs was $37.0 million. Restricted stock units ("RSUs") generally vest in equal annual installments over a three-year period subject to the participants' continued employment with the Company and we recognize compensation costs for these awards based on the fair market value of the award as of the grant date. Performance stock units ("PSUs") are subject to the achievement of certain performance goals over the eligible period. Compensation cost ultimately recognized for these PSUs will equal the grant-date fair market value of the unit that coincides with the actual outcome of the performance conditions. On an interim basis, we record compensation cost based on the expected level of achievement of the performance conditions. The following table outlines RSU and PSU activity: Year ended December 31, 2021 2020 2019 Number of RSUs & PSUs (In thousands) Weighted- Number of RSUs & PSUs (In thousands) Weighted- Number of RSUs & PSUs (In thousands) Weighted- Unvested at beginning of year 2,513 $ 6.28 7,368 $ 6.28 — $ — Granted 2,000 3.04 282 0.90 10,466 6.28 Vested (1,576) 6.28 (4,713) 6.27 (3,081) 6.28 Forfeited (32) 6.28 (424) 2.81 (17) 6.28 Unvested at end of year 2,905 $ 4.05 2,513 $ 6.28 7,368 $ 6.28 As of December 31, 2021, the aggregate intrinsic value of unvested RSUs and PSUs was $15.5 million. Former Manager stock options As of December 31, 2021, the Former Manger held 6,068 thousand stock options outstanding, of which 5,541 thousand are exercisable. As of December 31, 2021, stock options outstanding had a weighted-average grant date fair value, weighted-average exercise price and weighted-average remaining contractual term of $1.78, $13.97 and 6.2 years, respectively. Rights Agreement On April 6, 2020, the Company's board of directors (the "Board") adopted a stockholder rights plan in the form of a Section 382 Rights Agreement ("Rights Agreement") to preserve and protect the Company's income tax net operating loss carryforwards ("NOLs") and other tax assets. The Rights Agreement was approved by the Company's stockholders on June 7, 2021 at the 2021 annual meeting of stockholders. As of December 31, 2021, the Company had approximately $613.4 million of NOLs available which could be used in certain circumstances to offset future federal taxable income. Under the Rights Agreement, the Board declared a non-taxable dividend of one preferred share purchase right for each outstanding share of Common Stock. The rights will be exercisable only if a person or group acquires 4.99% or more of Gannett’s Common Stock. Gannett’s existing stockholders that beneficially own in excess of 4.99% of the Common Stock are "grandfathered in" at their current ownership level and the rights then become exercisable if any of those stockholders acquire an additional 0.5% or more of Common Stock of the Company. If the rights become exercisable, all holders of rights, other than the person or group triggering the rights, will be entitled to purchase Gannett Common Stock at a 50% discount or Gannett may exchange each right held by such holders for one share of Common Stock. Rights held by the person or group triggering the rights will become void and will not be exercisable. The Board has the discretion to exempt any person or group from the provisions of the Rights Agreement. The Rights Agreement will continue in effect until April 5, 2023. The Board has the ability to terminate the plan if it determines that doing so would be in the best interest of the Company's stockholders. The rights may also expire at an earlier date if certain events occur, as described more fully in the Rights Agreement filed by the Company with the Securities and Exchange Commission. Preferred stock The Company has authorized 300,000 shares of preferred stock, par value $0.01 per share, issuable in one or more series designated by the Board, of which 150,000 shares have been designated as Series A Junior Participating Preferred Stock, none of which are outstanding. There were no issuances of preferred stock during the year ended December 31, 2021. Accumulated other comprehensive income (loss) The following tables summarize the components of, and the changes in, Accumulated other comprehensive income (loss), net of tax: In thousands Pension and postretirement benefit plans Foreign currency translation Total Balance at December 30, 2018 $ (6,881) $ — $ (6,881) Other comprehensive income before reclassifications 7,731 7,266 14,997 Amounts reclassified from accumulated other comprehensive income (a) (b) 86 — 86 Net current period other comprehensive income, net of taxes 7,817 7,266 15,083 Balance at December 31, 2019 $ 936 $ 7,266 $ 8,202 Other comprehensive income before reclassifications 39,479 2,466 41,945 Amounts reclassified from accumulated other comprehensive income (a) (b) 26 — 26 Net current period other comprehensive income, net of taxes 39,505 2,466 41,971 Balance at December 31, 2020 $ 40,441 $ 9,732 $ 50,173 Other comprehensive income (loss) before reclassifications 10,382 (604) 9,778 Amounts reclassified from accumulated other comprehensive income (a) (b) 47 — 47 Net current period other comprehensive income (loss), net of taxes 10,429 (604) 9,825 Balance at December 31, 2021 $ 50,870 $ 9,128 $ 59,998 (a) Accumulated other comprehensive income component represents amortization of actuarial loss and is included in the computation of net periodic benefit cost. See Note 10 — Pensions and other postretirement benefit plans. (b) Amounts reclassified from accumulated other comprehensive income are recorded net of tax impacts of $0.02 million and $0.01 million for the years ended December 31, 2021 and 2020, respectively. There was no tax impact for the year ended December 31, 2019.

Commitments, contingencies and

Commitments, contingencies and other matters	12 Months Ended
	Dec. 31, 2021
Commitments and Contingencies Disclosure [Abstract]
Commitments, contingencies and other matters	NOTE 14 — Commitments, contingencies and other matters Legal Proceedings The Company is and may become involved from time to time in legal proceedings in the ordinary course of its business, including but not limited to matters such as libel, invasion of privacy, intellectual property infringement, wrongful termination actions, complaints alleging employment discrimination, and regulatory investigations and inquiries. In addition, the Company is involved from time to time in governmental and administrative proceedings concerning employment, labor, environmental, and other claims. Insurance coverage mitigates potential loss for certain of these matters. Historically, such claims and proceedings have not had a material adverse effect on the Company’s consolidated results of operations or financial position. We are also defendants in judicial and administrative proceedings involving matters incidental to our business. Although the Company is unable to predict with certainty the eventual outcome of any litigation, regulatory investigation or inquiry, in the opinion of management, the Company does not expect its current and any threatened legal proceedings to have a material adverse effect on the Company’s business, financial position or consolidated results of operations. Given the inherent unpredictability of these types of proceedings, however, it is possible that future adverse outcomes could have a material effect on the Company’s financial results. Other Purchase obligations We have future expected purchase obligations, in the normal course of operations, of $559.0 million related to printing contracts, digital licenses and IT services, professional services, interactive marketing agreements, and other legally binding commitments. Amounts which we are liable for under purchase orders outstanding at December 31, 2021, are reflected in the Consolidated balance sheets as Accounts payable and are excluded from the amounts referred to above. Self-insurance

Segment reporting

Segment reporting	12 Months Ended
	Dec. 31, 2021
Segment Reporting [Abstract]
Segment reporting	NOTE 15 — Segment reporting We define our reportable segments based on the way the Chief Operating Decision Maker ("CODM"), which is our Chief Executive Officer, manages the operations for purposes of allocating resources and assessing performance. Our reportable segments include the following: • Publishing is comprised of our portfolio of local, regional, national, and international newspaper publishers. The results of this segment include Advertising and marketing services revenues from local, classified, and national advertising across multiple platforms, including print, online, mobile, and tablet as well as niche publications, Circulation revenues from home delivery, digital distribution and single copy sales of our publications, and Other revenues, mainly from commercial printing, distribution arrangements, revenues from our events business, digital content syndication and affiliate revenues, and third-party newsprint sales. The Publishing reportable segment is an aggregation of two operating segments: Domestic Publishing and U.K. Publishing. • Digital Marketing Solutions, is comprised of our digital marketing solutions subsidiary, and is branded LOCALiQ. The results of this segment include Advertising and marketing services revenues through multiple services, including search advertising, display advertising, search optimization, social media, website development, web presence products, customer relationship management, and software-as-a-service solutions. In addition to the reportable segments above, we have a Corporate and other category that includes activities not directly attributable to a specific segment. This category primarily consists of broad corporate functions, including legal, human resources, accounting, finance and marketing as well as other general business costs. In the ordinary course of business, our reportable segments enter into transactions with one another. While intersegment transactions are treated like third-party transactions to determine segment performance, the revenues and expenses recognized by the segment that is the counterparty to the transaction are eliminated in consolidation and do not affect consolidated results. The CODM uses Adjusted EBITDA and Adjusted EBITDA margin to evaluate the performance of the segments and allocate resources. Adjusted EBITDA and Adjusted EBITDA margin are non-GAAP financial performance measures we believe offer a useful view of the overall operation of our businesses and may be different than similarly-titled measures used by other companies. We define Adjusted EBITDA as Net income (loss) attributable to Gannett before (1) Income tax expense (benefit), (2) Interest expense, (3) Gains or losses on the early extinguishment of debt, (4) Non-operating pension income, (5) Loss on convertible notes derivative, (6) Depreciation and amortization, (7) Integration and reorganization costs, (8) Other operating expenses, including third-party debt expenses and acquisition costs, (9) Asset impairments, (10) Goodwill and intangible impairments, (11) Gains or losses on the sale or disposal of assets, (12) Share-based compensation, and (13) certain other non-recurring charges. We define Adjusted EBITDA margin as Adjusted EBITDA divided by total Operating revenues. Management considers Adjusted EBITDA and Adjusted EBITDA margin to be the appropriate metrics to evaluate and compare the ongoing operating performance of our segments on a consistent basis across reporting periods as it eliminates the effect of items which we do not believe are indicative of each segment's core operating performance. The following tables present our segment information: In thousands Publishing Digital Marketing Solutions Corporate and Other Intersegment Eliminations Consolidated Year ended December 31, 2021 Advertising and marketing services - external sales $ 1,207,881 $ 441,394 $ 1,886 $ — $ 1,651,161 Advertising and marketing services - intersegment sales 129,322 — — (129,322) — Circulation 1,249,669 — 5 — 1,249,674 Other 299,863 905 6,480 — 307,248 Total operating revenues $ 2,886,735 $ 442,299 $ 8,371 $ (129,322) $ 3,208,083 Adjusted EBITDA (non-GAAP basis) $ 433,973 $ 50,960 $ (51,221) $ — $ 433,712 Adjusted EBITDA margin (non-GAAP basis) 15.0 % 11.5 % NM NM 13.5 % Year ended December 31, 2020 Advertising and marketing services - external sales $ 1,295,158 $ 411,940 $ 3,146 $ — $ 1,710,244 Advertising and marketing services - intersegment sales 114,342 — — (114,342) — Circulation 1,391,983 — 13 — 1,391,996 Other 278,964 16,665 7,801 — 303,430 Total operating revenues $ 3,080,447 $ 428,605 $ 10,960 $ (114,342) $ 3,405,670 Adjusted EBITDA (non-GAAP basis) $ 459,195 $ 24,361 $ (69,661) $ — $ 413,895 Adjusted EBITDA margin (non-GAAP basis) 14.9 % 5.7 % NM NM 12.2 % Year ended December 31, 2019 Advertising and marketing services - external sales $ 819,046 $ 131,003 $ 2,595 $ — $ 952,644 Advertising and marketing services - intersegment sales 78,539 — — (78,539) — Circulation 704,811 — 31 — 704,842 Other 190,256 18,239 1,928 — 210,423 Total operating revenues $ 1,792,652 $ 149,242 $ 4,554 $ (78,539) $ 1,867,909 Adjusted EBITDA (non-GAAP basis) $ 268,916 $ (3,279) $ (41,766) $ — $ 223,871 Adjusted EBITDA margin (non-GAAP basis) 15.0 % NM NM NM 12.0 % NM indicates not meaningful. The following table presents our reconciliation of Net loss attributable to Gannett to A djusted EBITDA and Net loss attributable to Gannett margin to Adjusted EBITDA margin: Year ended December 31, In thousands 2021 2020 2019 Net loss attributable to Gannett (134,962) (670,479) (119,842) Provision (benefit) for income taxes 48,250 (33,450) (85,994) Interest expense 135,748 228,513 63,660 Loss on early extinguishment of debt 48,708 43,760 6,058 Non-operating pension income (95,357) (72,149) (9,085) Loss on convertible notes derivative 126,600 74,329 — Depreciation and amortization 203,958 263,819 111,882 Integration and reorganization costs 49,284 145,731 52,212 Other operating expenses 20,952 11,152 60,618 Asset impairments 3,976 11,029 3,009 Goodwill and intangible impairments — 393,446 100,743 Loss (gain) on sale or disposal of assets, net 17,208 (5,680) 4,723 Share-based compensation expense 18,439 26,350 11,324 Other items (9,092) (2,476) 24,563 Adjusted EBITDA (non-GAAP basis) $ 433,712 $ 413,895 $ 223,871 Net loss attributable to Gannett margin (4.2) % (19.7) % (6.4) % Adjusted EBITDA margin (non-GAAP basis) 13.5 % 12.2 % 12.0 % Asset information by segment is not a key measure of performance used by the CODM function. Accordingly, we have not disclosed asset information by segment. Additionally, equity income in unconsolidated investees, net, interest expense, other non-operating items, net, and provision for income taxes, as reported in the Consolidated financial statements, are not part of operating income and are primarily recorded at the corporate level.

Subsequent events

Subsequent events	12 Months Ended
	Dec. 31, 2021
Subsequent Events [Abstract]
Subsequent events	NOTE 16 — Subsequent events Amendment to the New Senior Secured Term Loan On January 31, 2022, Gannett Holdings entered into an amendment (the "Term Loan Amendment") to its New Senior Secured Term Loan to provide for new incremental senior secured term loans (the "Incremental Term Loans") in an aggregate principal amount of $50 million. The Incremental Term Loans have substantially identical terms as the New Senior Secured Term Loan and are treated as a single tranche with the New Senior Secured Term Loan. The Term Loan Amendment also amended the New Senior Secured Term Loan to transition the interest rate base from LIBOR to the Adjusted Term SOFR and to permit the repurchase of up to $50 million of Common Stock under the Stock Repurchase Program (defined below) consummated on or prior to December 31, 2022, in addition to capacity for Gannett Holdings to make restricted payments, including stock repurchases, currently permitted under other provisions of the New Senior Secured Term Loan and our other debt facilities, including the 2026 Senior Secured Notes Indenture and the 2027 Notes Indenture. Following this transaction, total debt outstanding as of February 4, 2022 was $1.419 billion, which includes the $530.1 million New Senior Secured Term Loan, $485.3 million 2027 Notes, $400.0 million 2026 Senior Notes and $3.3 million 2024 Notes. Stock Repurchase Program On February 1, 2022, the Board of Directors authorized the repurchase of up to $100 million of the Company's Common Stock (the "Stock Repurchase Program"). Repurchases may be made from time to time through open market purchases or privately negotiated transactions, pursuant to one or more plans established pursuant to Rule 10b5-1 under the Exchange Act or by means of one or more tender offers, in each case, as permitted by securities laws and other legal requirements. The amount and timing of the purchases will depend on a number of factors including, but not limited to, the price and availability of the Company’s shares, trading volume, capital availability, Company performance and general economic and market conditions. The Stock Repurchase Program may be suspended or discontinued at any time.

Summary of significant accoun_2

Summary of significant accounting policies (Policies)	12 Months Ended
	Dec. 31, 2021
Accounting Policies [Abstract]
Basis of presentation	Basis of presentation The Consolidated financial statements include all the assets, liabilities, revenues, expenses and cash flows of entities which Gannett controls due to ownership of a majority voting interest ("subsidiaries"). All significant intercompany accounts and transactions have been eliminated in consolidation. The Company consolidates entities that it controls due to ownership of a majority voting interest.
Use of estimates	Use of estimates The preparation of the financial statements in conformity with U.S. generally accepted accounting principles ("GAAP") requires management to make estimates and assumptions that affect the amounts reported in the Consolidated financial statements and footnotes thereto. Actual results could differ materially from those estimates.
Cash, cash equivalents, and restricted cash	Cash, cash equivalents and restricted cash and Supplementary cash flow information Cash equivalents represent highly liquid certificates of deposit which have original maturities of three months or less. Restricted cash is held as cash collateral for certain business operations. Restricted cash primarily consists of funding for letters of credit, cash held in an irrevocable grantor trust for our deferred compensation plans and cash held with banking institutions for insurance plans.
Accounts receivable	Accounts receivable Accounts receivable are stated at amounts due from customers, net of an allowance for doubtful accounts. The Company’s allowance for doubtful accounts is based upon several factors including the length of time the receivables are past due, historical payment trends and current economic factors. The Company generally does not require collateral.
Inventories	InventoriesInventory consists principally of newsprint, which is valued at the lower of net realizable value. Cost is determined using the first-in, first-out ("FIFO") method.
Property, plant, and equipment, software development costs, and depreciation	Property, plant, and equipment, software development costs and depreciation Property, plant, and equipment are recorded at cost or at fair value for property, plant and equipment related to acquired businesses. Routine maintenance and repairs are expensed as incurred. Depreciation is calculated under the straight-line method over the estimated useful lives. Leasehold improvements are amortized under the straight-line method over the shorter of the lease term or estimated useful life of the asset. We capitalize costs to develop software for internal use when it is determined the development efforts will result in new or additional functionality or new products. Costs incurred prior to meeting these criteria and costs associated with ongoing maintenance are expensed as incurred and included in Operating costs in the accompanying Consolidated statements of operations and comprehensive income (loss).
Business combinations	Business combinations The operating results of the acquired business are reflected in the Company’s consolidated financial statements as of the acquisition date. We allocate the fair value of purchase consideration to the tangible assets acquired, liabilities assumed, and intangible assets acquired based on their estimated fair values. Any excess of the purchase price over the estimated fair values of net assets acquired is recorded as goodwill. Goodwill is assigned to the reporting unit that benefits from the synergies arising from the business combination. When determining the fair value of assets acquired and liabilities assumed, we make significant estimates and assumptions, especially with respect to intangible assets. Transaction costs are expensed as incurred. Critical estimates in valuing certain identifiable assets include, but are not limited to, expected long-term revenues, future expected operating expenses, cost of capital, and appropriate discount rates. Our estimates of fair value are based upon assumptions believed to be reasonable but which are inherently uncertain and unpredictable and, as a result, actual results may differ from estimates.
Goodwill, intangible assets, and long-lived assets	Goodwill, intangible and long-lived assets Goodwill represents the excess of acquisition cost over the fair value of assets acquired, including identifiable intangible assets, net of liabilities assumed. Indefinite-lived intangible assets consist of newspaper mastheads and finite-lived intangible assets consist of advertiser, customer and subscriber relationships, we well as trade names, and developed technology. Newspaper mastheads are not amortized because it has been determined that the useful lives of such mastheads are indefinite. Intangible assets that have finite useful lives are amortized over those useful lives. Goodwill is tested for impairment annually on the last day of our second quarter or between annual tests if events occur or circumstances change that would more likely than not reduce the fair value of a reporting unit below its carrying amount. We perform our impairment analysis on each of our reporting units. We evaluate our reporting units annually, as well as when changes in our operating structure occur. The Company has the option to qualitatively assess whether it is more likely than not that the fair value of a reporting unit is less than its carrying value. If the Company elects to perform a qualitative assessment and concludes it is more likely than not that the fair value of the reporting unit is equal to or greater than its carrying value, no further assessment of that reporting unit’s goodwill is necessary; otherwise goodwill must be tested for impairment. In the quantitative test, we are required to determine the fair value of each reporting unit and compare it to the carrying amount of the reporting unit. Fair value of the reporting unit is defined as the price that would be received to sell the unit as a whole in an orderly transaction between market participants at the measurement date. The Company generally determines the fair value of a reporting unit using a combination of a discounted cash flow analysis and a market-based approach. Estimates of fair value include inputs that are subjective in nature, involve uncertainties, and involve matters of significant judgment that are made at a specific point in time. Changes in key assumptions from period to period could significantly affect the estimates of fair value. Significant assumptions used in the fair value estimates include projected revenues and related growth rates over time, projected operating cash flow margins, discount rates, and future economic and market conditions. If the carrying value of the reporting unit exceeds the estimate of fair value, we calculate the impairment as the excess of the carrying value of goodwill over its implied fair value. Indefinite-lived intangible assets, which are newspaper mastheads, are tested for impairment annually on the last day of our second quarter or more frequently if events or changes in circumstances indicate the asset might be impaired. The impairment test consists of a comparison of the fair value of each group of mastheads with their carrying amount. We used a relief from royalty approach which utilizes a discounted cash flow model to determine the fair value of newspaper mastheads. Our judgments and estimates of future operating results in determining the reporting unit fair values are consistently applied in determining the fair value of mastheads. The Company assesses the recoverability of its long-lived assets, including property, plant and equipment and finite-lived intangible assets, whenever events or changes in circumstances indicate their carrying amounts may not be recoverable. The evaluation is performed by asset group, which is the lowest level of identifiable cash flows independent of other assets. The assessment of recoverability is based on management’s estimates by comparing the sum of the estimated undiscounted cash flows generated by the underlying asset groups to its carrying value of the asset groups to determine whether an impairment existed at its lowest level of identifiable cash flows. If the carrying amount of the asset group is greater than the expected undiscounted cash flows to be generated by the asset group, an impairment is recognized to the extent the carrying value of such asset group exceeds its fair value.
Income taxes	Income taxes Income taxes are accounted for under the asset and liability method. Deferred tax assets and liabilities are recognized for the future tax consequences attributable to differences between the financial statement carrying amounts of existing assets and liabilities and their respective tax basis and operating loss and tax credit carryforwards. Deferred tax assets and liabilities are measured using enacted tax rates expected to apply to taxable income in the years in which those temporary differences are expected to be recovered or settled. The effect on deferred tax assets and liabilities of a change in tax rates is recognized in income in the period that includes the enactment date. The Company establishes a valuation allowance if it is more likely than not that all or a portion of a deferred tax asset will not be realized. See Note 12 — Income taxes for further discussion. We also evaluate any uncertain tax positions and recognize a liability for the tax benefit associated with an uncertain tax position if it is more likely than not that the tax position will not be sustained on examination by the taxing authorities upon consideration of the technical merits of the position. The tax benefits recognized in the financial statements from such positions are measured based on the largest benefit that has a greater than 50% likelihood of being realized upon ultimate settlement. We record a liability for uncertain tax positions taken or expected to be taken in a tax return. Any change in judgment related to the expected ultimate resolution of uncertain tax positions is recognized in earnings in the period in which such change occurs.
Fair value of financial instruments	Fair value of financial instrumentsThe carrying value of the Company’s cash equivalents, accounts receivable, accounts payable, and accrued liabilities approximate fair value due to the short maturity of these instruments. An estimate of the fair value of the Company’s debt and embedded conversion option is disclosed in Note 9 — Debt. For further details surrounding our policies on fair value measurement, including the fair values of our pension plan assets, refer to Note 11 — Fair value measurement.
Deferred financing costs	Deferred financing costs Deferred financing costs consist of costs incurred in connection with debt financings and are recorded as a contra-liability in Long-term debt on the Consolidated balance sheets. Such costs are amortized using the effective interest method over the estimated remaining term of the debt. This amortization represents a component of Interest expense.
Revenue Recognition	Revenue Recognition Revenues are recognized when control of the promised goods or services is transferred to customers, in an amount that reflects the consideration the Company expects to be entitled to in exchange for those goods or services. Our contracts with customers sometimes include promises to transfer multiple products and services to a customer. Revenue from sales agreements that contain multiple performance obligations are allocated to each obligation based on the relative standalone selling price. We determine standalone selling prices based on observable prices charged to customers. Advertising and Marketing Services Revenues The Company generates Print advertising revenues primarily by delivering advertising in its national publication, USA TODAY, and in its local publications including newspapers. Advertising revenues are categorized as local retail, local classified, online, and national. Print advertising revenue is recognized upon publication of the advertisement. Digital advertising and marketing revenues are generated primarily by online marketing products provided by our DMS segment. The Company enters into agreements for products in which our clients typically pay in advance and on a monthly basis. These prepayments include all charges for the included technology and any media services, management, third-party content, and other costs and fees, all of which are accounted for as a single performance obligation. Revenue is then recognized as we purchase and deliver media on behalf of the customer and perform other marketing-related services. For our Advertising and marketing services revenues, we evaluate whether we are the principal (i.e., report revenues on a gross basis) or agent (i.e., report revenues on a net basis) by performing analyses regarding whether we control the provision of specified goods or services before they are transferred to our customers. We report Advertising and marketing services revenues gross when we control advertising inventory before it is transferred to the customer. Our control is evidenced by us being primarily responsible or sharing responsibility for the fulfillment of services and maintaining control over transaction pricing. We recognize revenue when the performance obligation is satisfied. Circulation Revenues Circulation revenues are derived from print and digital subscriptions as well as single copy sales at retail stores, vending racks and boxes. Circulation revenues from subscribers are generally billed to customers at the beginning of the subscription period and are typically recognized over the subscription period as the performance obligations are delivered. The term of customer subscriptions normally ranges from one to twelve months. Circulation revenues from single-copy income are recognized based on the date of publication, net of provisions for related returns. Other Revenues The Company provides commercial printing services to third parties as a means to generate incremental revenue and utilize excess printing capacity. Customers consist primarily of other publishers that do not have their own printing presses and do not compete with other Gannett publications. The Company also prints other commercial materials, including flyers, business cards and invitations. Revenue is generally recognized upon delivery. In addition, the Company generates revenues from its events and promotions business. Revenues are generated primarily through ticket sales, endurance events and race management services. Revenue is generally recognized when the event occurs. Practical Expedients and Exemptions The Company generally expenses sales commissions or other costs to obtain contracts when incurred because the amortization period is generally one year or less. These costs are recorded within Selling, general and administrative expenses. The Company does not disclose unsatisfied performance obligations for (i) contracts with an original expected length of one year or less and (ii) contracts for which the Company recognizes revenue at the amount to which the Company has the right to invoice for services performed. Deferred revenues The Company records deferred revenues when cash payments are received in advance of the Company’s performance obligation. The Company's primary source of deferred revenues is from circulation subscriptions paid in advance of the service provided, which represents future delivery of publications (the performance obligation) to subscription customers. The Company expects to recognize the revenue related to unsatisfied performance obligations over the next one to twelve months in accordance with the terms of the subscriptions. The Company's payment terms vary by the type and location of the customer and the products or services offered. The period between invoicing and when payment is due is not significant. For certain products or services and customer types, the Company requires payment before the products or services are delivered to the customer. The majority of our subscription customers are billed and pay on monthly terms.
Advertising costs	Advertising costsAdvertising costs are expensed in the period incurred.
Pension and postretirement liabilities	Pension and postretirement liabilities Pension and other postretirement benefit costs under our defined benefit retirement plans are actuarially determined. For plans with frozen benefits, we recognize the cost of postretirement benefits such as pension, medical, and life insurance benefits on an accrual basis over the average life expectancy of employees expected to receive such benefits. For active plans, costs are recognized over the estimated average future service period. See Note 10 — Pensions and other postretirement benefit plans for further details.
Share-based compensation	Share-based compensation Share-based payments to employees and the board of directors, including grants of stock options and restricted stock, are required to be recognized in the consolidated financial statements over the service period (generally the vesting period) based on fair values measured on grant dates, less forfeitures.
Self-insurance liability accruals	Self-insurance liability accruals The Company maintains self-insured medical and workers’ compensation programs. The Company purchases stop loss coverage from third parties, which limits our exposure to large claims. The Company records a liability for healthcare and workers’ compensation costs during the period in which they occur, including an estimate of incurred but not reported claims.
Redeemable noncontrolling interests	Redeemable noncontrolling interestsEquity purchase arrangements that are exercisable by the counterparty to an agreement and that are outside the sole control of the Company are accounted for in accordance with ASC 480-10-S99-3A and are classified as Redeemable noncontrolling interests in the Consolidated balance sheets.
Concentration of risk	Concentration of risk Due to the distributed nature of our operations, we are not subject to significant concentrations of risk relating to customers, products, or geographic locations. Our foreign revenues, principally from businesses in the U.K. and international operations at our DMS
Leases	Leases We determine if an arrangement is a lease at inception. Operating leases are included in Operating lease assets, Other current liabilities, and Long-term operating lease liabilities on our Consolidated balance sheets. Operating lease right-of-use ("ROU") assets and operating lease liabilities are recognized based on the present value of the future minimum lease payments over the lease term at commencement date. The rates implicit within the Company's leases are generally not determinable; therefore, the Company uses judgment to determine the incremental borrowing rate used to calculate the present value of lease payments. The incremental borrowing rate is determined using our credit rating and information available related to similar terms and payments as of the commencement date. ROU assets are assessed for impairment in accordance with the Company’s accounting policy for long-lived assets. Our lease terms include options to extend or terminate. The period which is subject to an option to extend the lease is included in the lease term if it is reasonably certain that the option will be exercised. The period which is subject to an option to terminate the lease is included if it is reasonably certain that the option will not be exercised. Lease expense for minimum lease payments is recognized on a straight-line basis over the lease term. For all material classes of leased assets, we do not separate lease components from non-lease components, and account for both components as a single lease component. For certain equipment leases, we apply a portfolio approach to account for the operating lease ROU assets and liabilities.
Loss contingencies	Loss contingencies We are subject to various legal proceedings, claims, and regulatory matters, the outcomes of which are subject to significant uncertainty. We determine whether to disclose or accrue for loss contingencies based on an assessment of whether the risk of loss is remote, reasonably possible, or probable and whether it can be reasonably estimated. We accrue for loss contingencies when such amounts are probable and reasonably estimable. If a contingent liability is only reasonably possible, we will disclose the potential range of the loss if material and estimable.
Foreign currency translation	Foreign currency translation The statements of income of foreign operations have been translated to U.S. dollars using the average currency exchange rates in effect during the relevant period. The balance sheets have been translated using the currency exchange rates as of the end of the accounting period. The impact of currency exchange rate changes on the translation of the balance sheets are included in Comprehensive income (loss) in the Consolidated statements of operations and comprehensive income (loss) and are classified as Accumulated other comprehensive income in the Consolidated balance sheets and Consolidated statements of equity.
Recent accounting pronouncements adopted And Recent accounting pronouncements not yet adopted	Recent accounting pronouncements adopted Simplifying the Accounting for Income Taxes In December 2019, the Financial Accounting Standards Board (the "FASB") issued new guidance that simplifies the accounting for income taxes. The guidance amends the rules for recognizing deferred taxes for investments, performing intraperiod tax allocations and calculating income taxes in interim periods. It also reduces complexity in certain areas, including accounting for transactions that result in a step-up in the tax basis of goodwill and allocating taxes to members of a consolidated group. This guidance is effective for fiscal years beginning after December 15, 2020, with early adoption permitted. Adopting this guidance allowed the Company to record a tax benefit for the first quarter of 2021 because year-to-date losses on interim periods are no longer limited to losses annually forecasted, but did not have a material impact on the Company's Consolidated financial statements in subsequent quarters. Recent accounting pronouncements not yet adopted Accounting for Convertible Instruments and Contracts in an Entity’s Own Equity In August 2020, the FASB issued new guidance ("ASU 2020-06") that simplifies the accounting for convertible instruments by reducing the number of accounting models for convertible debt instruments and convertible preferred stock. In addition to eliminating certain accounting models, the guidance amends the disclosures for convertible instruments and earnings-per-share guidance. It also amends the guidance for the derivatives scope exception for contracts in an entity’s own equity to reduce form-over-substance-based accounting conclusions. This guidance is effective for fiscal years beginning after December 15, 2021, including interim periods within those fiscal years. Adoption of this guidance will not have an impact on the accounting for the Company's $497.1 million in aggregate principal amount of 6.0% Senior Secured Convertible Notes due 2027 issued by the Company on November 17, 2020 (the "2027 Notes"), or on the Consolidated financial statements. Accounting for Contract Assets and Contract Liabilities from Contracts with Customers in a Business Combination In October 2021, the FASB issued new guidance ("ASU 2021-08") that requires an acquirer to recognize and measure certain contract assets and contract liabilities in a business combination in accordance with ASC 606, "Revenue from Contracts with Customers", rather than at fair value on the acquisition date as required under current GAAP. This guidance is effective for fiscal years beginning after December 15, 2022, with early adoption permitted, including interim periods within those fiscal years. The impact of this standard on the Company's Consolidated financial statements will be dependent on the business combination transactions within its scope. Disclosures by Business Entities about Government Assistance In November 2021, the FASB issued new guidance ("ASU 2021-10") that requires annual disclosures for transactions with a government that are accounted for by applying a grant or contribution accounting model by analogy, including: (i) information about the nature of the transactions and related accounting policy used to account for the transactions; (ii) the line items on the Consolidated balance sheets and Consolidated statements of operations and comprehensive income (loss) affected by these transactions, including amounts applicable to each line; and (iii) significant terms and conditions of the transactions, including commitments and contingencies. The Company does not expect the adoption of this guidance will have a material impact on the Consolidated financial statements.

Summary of significant accoun_3

Summary of significant accounting policies (Tables)	12 Months Ended
	Dec. 31, 2021
Accounting Policies [Abstract]
Schedule of cash and cash equivalents	The following table presents a reconciliation of cash, cash equivalents and restricted cash: December 31, In thousands 2021 2020 2019 Cash and cash equivalents $ 130,756 $ 170,725 $ 156,042 Restricted cash, included in prepaid expenses and other current assets 4,606 11,356 10,800 Restricted cash, included in other assets 8,257 24,645 21,822 Total cash, cash equivalents and restricted cash $ 143,619 $ 206,726 $ 188,664
Schedule restrictions on cash and cash equivalents	The following table presents a reconciliation of cash, cash equivalents and restricted cash: December 31, In thousands 2021 2020 2019 Cash and cash equivalents $ 130,756 $ 170,725 $ 156,042 Restricted cash, included in prepaid expenses and other current assets 4,606 11,356 10,800 Restricted cash, included in other assets 8,257 24,645 21,822 Total cash, cash equivalents and restricted cash $ 143,619 $ 206,726 $ 188,664
Schedule of cash flow, supplemental disclosures	The following table presents supplementary cash flow information, including non-cash investing and financing activities: Year ended December 31, In thousands 2021 2020 2019 Net cash (refund) paid for taxes $ (8,324) $ (3,964) $ 1,192 Cash paid for interest 103,879 218,110 40,208 Non-cash investing and financing activities: Accrued capital expenditures 1,682 544 2,227 Common stock issued in exchange for Legacy Gannett shares — — 391,809
Schedule property, plant and equipment	A breakout of property, plant and equipment and software is presented below: December 31, In thousands 2021 2020 Useful Lives (range) Land $ 48,389 $ 74,549 Buildings and improvements 239,414 348,591 10 years - 30 years Machinery and equipment 352,372 426,348 3 years - 20 years Furniture, fixtures and computer software (a) 101,571 96,739 3 years - 10 years Construction in progress 10,138 6,074 Total 751,884 952,301 Less: accumulated depreciation (336,500) (362,029) Property, plant and equipment, net $ 415,384 $ 590,272 (a) Costs capitalized as internal use software are amortized on a straight-line basis over an estimated useful life of 3 to 5 years.
Schedule of accounts payable and accrued liabilities	A breakout of Accounts payable and accrued liabilities is presented below: December 31, In thousands 2021 2020 Accounts payable $ 157,257 $ 131,797 Compensation 107,585 115,061 Taxes (primarily property and sales taxes) 26,042 30,834 Benefits 21,056 22,821 Interest 7,577 3,676 Other 37,497 74,057 Accounts payable and accrued liabilities $ 357,014 $ 378,246

Revenues (Tables)

Revenues (Tables)	12 Months Ended
	Dec. 31, 2021
Revenue from Contract with Customer [Abstract]
Schedule of disaggregation of revenue	The following table presents our revenues disaggregated by source. Year ended December 31, In thousands 2021 2020 2019 Print advertising $ 792,286 $ 901,805 $ 689,595 Digital advertising and marketing services 858,875 808,439 263,049 Total advertising and marketing services 1,651,161 1,710,244 952,644 Circulation 1,249,674 1,391,996 704,842 Other 307,248 303,430 210,423 Total revenues $ 3,208,083 $ 3,405,670 $ 1,867,909
Schedule of deferred revenue	The following table presents the change in the deferred revenues balance by type of revenue: Year ended December 31, 2021 Year ended December 31, 2020 In thousands Advertising, marketing services and other Circulation Total Advertising, marketing services and other Circulation Total Beginning balance $ 51,686 $ 134,321 $ 186,007 $ 67,444 $ 151,379 $ 218,823 Cash receipts 289,806 990,042 1,279,848 272,145 1,153,242 1,425,387 Revenue recognized (280,827) (1,000,190) (1,281,017) (287,903) (1,170,300) (1,458,203) Ending balance $ 60,665 $ 124,173 $ 184,838 $ 51,686 $ 134,321 $ 186,007

Leases (Tables)

Leases (Tables)	12 Months Ended
	Dec. 31, 2021
Leases [Abstract]
Schedule of lease cost	The components of lease expense are as follows: Year ended December 31, In thousands 2021 2020 2019 Operating lease cost (a) $ 80,213 $ 83,410 $ 30,573 Short-term lease cost (b) 886 5,663 5,086 Variable lease cost 11,464 12,808 8,412 Net lease cost $ 92,563 $ 101,881 $ 44,071 (a) Includes sublease income of $6.5 million, $3.8 million, and $2.5 million for the years ended December 31, 2021, 2020, and 2019, respectively. (b) Excluding expenses relating to leases with a lease term of one month or less. Supplemental information related to leases are as follows: Year ended December 31, In thousands, except lease term and discount rate 2021 2020 2019 Cash paid for amounts included in the measurement of operating lease liabilities $ 81,380 $ 86,999 $ 35,837 Right-of-use assets obtained in exchange for operating lease obligations 38,137 36,247 28,545 Loss on sale and leaseback transactions, net 1,938 3,821 — Weighted-average remaining lease term (in years) 7.3 7.7 8.3 Weighted-average discount rate 12.8 % 12.9 % 12.4 %
Summary of operating lease liability, maturity	Future minimum lease payments under non-cancellable leases are as follows: In thousands Year ended December 31, 2022 $ 79,231 2023 69,531 2024 61,219 2025 51,969 2026 43,824 Thereafter 173,513 Total future minimum lease payments 479,287 Less: Imputed interest 176,714 Total $ 302,573

Accounts receivable, net (Table

Accounts receivable, net (Tables)	12 Months Ended
	Dec. 31, 2021
Receivables [Abstract]
Schedule of allowance for doubtful accounts	The following table presents changes in the allowance for doubtful accounts: Year ended December 31, In thousands 2021 2020 Beginning balance $ 20,843 $ 19,923 Current period provision 6,399 28,654 Write-offs charged against the allowance (14,897) (29,532) Recoveries of amounts previously written-off 4,109 2,824 Disposition — (1,011) Foreign currency 16 (15) Ending balance $ 16,470 $ 20,843

Acquisitions (Tables)

Acquisitions (Tables)	12 Months Ended
	Dec. 31, 2021
Business Combination and Asset Acquisition [Abstract]
Schedule of Recognized Identified Assets Acquired and Liabilities Assumed	The following table summarizes the final fair values of the assets and liabilities for the Legacy Gannett acquisition: In thousands Estimated fair value as previously reported (a) Measurement period adjustments (b) Final fair value as adjusted Cash and restricted cash acquired $ 149,452 $ — $ 149,452 Current assets 383,965 — 383,965 Other assets 97,459 — 97,459 Property, plant and equipment 536,511 — 536,511 Operating lease assets 200,550 — 200,550 Developed technology 47,770 (11,670) 36,100 Advertiser relationships 272,740 (16,580) 256,160 Subscriber relationships 104,490 6,100 110,590 Other customer relationships 63,820 3,540 67,360 Trade names 16,470 (630) 15,840 Mastheads 97,340 8,420 105,760 Goodwill 644,766 13,018 657,784 Total assets 2,615,333 2,198 2,617,531 Current liabilities 513,752 95 513,847 Long-term liabilities 787,019 2,103 789,122 Total liabilities 1,300,771 2,198 1,302,969 Net assets $ 1,314,562 $ — $ 1,314,562 (a) As previously reported in our Annual Report on Form 10-K for the year ended December 31, 2019. (b) The Company recorded measurement period adjustments during the second quarter of 2020. The measurement period adjustments were primarily related to obtaining new facts and circumstances that existed as of the acquisition date that impact the financial projections and carrying values used to value acquired assets and liabilities, including the finalization of certain contracts with customers that impacted the value of intangible assets recorded. The increase to Long-term liabilities was primarily the result of $5.8 million in multi-employer pension liabilities offset by a decrease of $4.0 million in deferred tax liabilities. All measurement period adjustments were offset against Goodwill. The following table summarizes the final fair values of the assets and liabilities for the 2019 Acquisitions: In thousands Estimated fair value as previously reported (a) Measurement period adjustments (b) Final fair value as adjusted Cash and restricted cash acquired $ 323 $ — $ 323 Current assets 9,320 (112) 9,208 Other assets 950 — 950 Property, plant and equipment 20,492 730 21,222 Non-compete agreements 280 — 280 Advertiser relationships 2,357 279 2,636 Subscriber relationships 1,457 — 1,457 Other customer relationships 1,323 2,942 4,265 Software 140 2,130 2,270 Trade names 299 2,105 2,404 Mastheads 2,896 — 2,896 Goodwill 20,850 (1,248) 19,602 Total assets 60,687 6,826 67,513 Current liabilities 11,961 — 11,961 Long-term liabilities 463 50 513 Total liabilities 12,424 50 12,474 Minority interest 1,651 — 1,651 Net assets $ 46,612 $ 6,776 $ 53,388 (a) As previously reported in the Company's Annual Report on Form 10-K for the year ended December 31, 2019. (b) During the six months ended June 30, 2020, the Company recognized a contingent liability of $7.0 million for earnout payments not made and finalized the allocation of purchase price to certain customer relationships, software, and trade name intangible assets acquired. The contingent liability was paid in full during the third quarter of 2020 and was included in financing activities on the Consolidated statement of cash flows.
Summary of Pro Forma Information	The following unaudited pro forma consolidated results of operations are presented as of the year ended December 31, 2019 and assume that the acquisition of Legacy Gannett, along with transactions necessary to finance the acquisition, occurred at the beginning of 2019: Unaudited; In thousands (except per share amounts) Total revenues $ 4,177,583 Net loss (292,395) Loss per share - diluted (2.27)

Goodwill and intangible assets

Goodwill and intangible assets (Tables)	12 Months Ended
	Dec. 31, 2021
Goodwill and Intangible Assets Disclosure [Abstract]
Schedule of goodwill, indefinite-lived intangible assets, and amortizable intangible assets	Goodwill and intangible assets consisted of the following: December 31, 2021 December 31, 2020 In thousands Gross Accumulated Net Gross Accumulated Net Finite-lived intangible assets: Advertiser relationships $ 453,038 $ 153,988 $ 299,050 $ 460,331 $ 112,468 $ 347,863 Other customer relationships 102,486 35,237 67,249 102,925 23,682 79,243 Subscriber relationships 254,162 99,905 154,257 255,702 71,271 184,431 Other intangible assets 68,690 44,291 24,399 68,687 26,982 41,705 Sub-total $ 878,376 $ 333,421 $ 544,955 $ 887,645 $ 234,403 $ 653,242 Indefinite-lived intangible assets: Mastheads 168,198 171,408 Total intangible assets $ 713,153 $ 824,650 Goodwill $ 533,709 $ 534,088
Schedule of future amortization expense	As of December 31, 2021, estimated future amortization expense is as follows: In thousands 2022 $ 96,474 2023 91,294 2024 89,962 2025 81,501 2026 64,615 Thereafter 121,109 Total $ 544,955
Summary of the change in net goodwill	Changes in the carrying amount of Goodwill by segment are as follows: In thousands Publishing Digital Marketing Solutions Total Balance at December 31, 2019, net of accumulated impairment losses of $87,921: $ 716,334 $ 197,997 $ 914,331 Goodwill impairment (321,851) (40,499) (362,350) Goodwill related to divestitures (20,328) (6,592) (26,920) Measurement period adjustments 45,205 (33,435) 11,770 Foreign currency exchange rate changes (2,743) — (2,743) Balance at December 31, 2020, net of accumulated impairment losses of $455,844: $ 416,617 $ 117,471 $ 534,088 Goodwill acquired in business combinations 95 — 95 Goodwill related to divestitures (341) — (341) Foreign currency exchange rate changes (133) — (133) Balance at December 31, 2021, net of accumulated impairment losses of $455,385: $ 416,238 $ 117,471 $ 533,709

Integration and reorganizatio_2

Integration and reorganization costs and asset impairments (Tables)	12 Months Ended
	Dec. 31, 2021
Restructuring and Related Activities [Abstract]
Schedule of restructuring and related costs	We recorded severance-related expenses by segment as follows: Year ended December 31, In thousands 2021 2020 2019 Publishing $ 14,529 $ 55,655 $ 19,556 Digital Marketing Solutions 321 6,320 1,916 Corporate and other 1,621 24,322 19,080 Total $ 16,471 $ 86,297 $ 40,552 A rollforward of the accrued severance and related costs included in Accounts payable and accrued liabilities on the Consolidated balance sheets for the years ended December 31, 2021 and 2020 is outlined below: In thousands Severance and Balance at December 31, 2019 $ 30,785 Restructuring provision included in integration and reorganization costs 86,297 Cash payments (86,139) Balance at December 31, 2020 30,943 Restructuring provision included in integration and reorganization costs 16,471 Cash payments (34,856) Balance at December 31, 2021 $ 12,558 We recorded Asset impairments by segment as follows: Year ended December 31, In thousands 2021 2020 2019 Publishing $ 3,976 $ 10,312 $ 3,009 Digital Marketing Solutions — 717 — Total $ 3,976 $ 11,029 $ 3,009
Schedule of consolidation charges and accelerated depreciation	We recorded facility consolidation charges and other restructuring-related costs by segment as follows: Year ended December 31, In thousands 2021 2020 2019 Publishing $ 1,431 $ 5,197 $ 3,931 Digital Marketing Solutions 1,389 343 286 Corporate and other (a) 29,993 53,894 7,443 Total $ 32,813 $ 59,434 $ 11,660

Debt (Tables)

Debt (Tables)	12 Months Ended
	Dec. 31, 2021
Debt Disclosure [Abstract]
Schedule of debt	The Company's debt consisted of the following: December 31, 2021 December 31, 2020 (in millions) Principal balance Unamortized original issue discount Unamortized deferred financing costs Carrying value Principal balance Unamortized original issue discount Unamortized deferred financing costs Carrying value New Senior Secured Term Loan $ 480.1 $ (14.1) $ (2.7) $ 463.3 n/a n/a n/a n/a Acquisition Term Loan n/a n/a n/a n/a 1,075.2 (54.0) (2.4) 1,018.8 2026 Senior Notes 400.0 (13.7) (10.7) 375.6 n/a n/a n/a n/a 2027 Notes (a) 485.3 (93.2) (2.0) 390.1 497.1 (106.3) (2.3) 578.1 2024 Notes 3.3 — — 3.3 3.3 — — 3.3 Total debt $ 1,368.7 $ (121.0) $ (15.4) $ 1,232.3 $ 1,575.6 $ (160.3) $ (4.7) $ 1,600.2 Less: Current portion of long-term debt $ (69.5) $ — $ — $ (69.5) $ (128.4) $ — $ — $ (128.4) Non-current portion of long-term debt $ 1,299.2 $ (121.0) $ (15.4) $ 1,162.8 $ 1,447.2 $ (160.3) $ (4.7) $ 1,471.8
Summary of fair value assumptions	The assumptions used to determine the fair value as of February 26, 2021 and December 31, 2020 were: February 26, 2021 December 31, 2020 Annual volatility 70.0 % 70.0 % Discount rate 12.2 % 9.3 % Stock price $ 4.95 $ 3.36
Summary of future debt obligation payments	Future debt obligation payments for the year ended December 31, are as follows: In thousands Principal payments 2022 $ 69,500 2023 51,600 2024 54,900 2025 51,600 2026 655,805 Thereafter 485,286 Total debt obligations $ 1,368,691

Pensions and other postretire_2

Pensions and other postretirement benefit plans (Tables)	12 Months Ended
	Dec. 31, 2021
Retirement Benefits [Abstract]
Schedule changes in projected benefit obligations amounts recognized in other comprehensive income loss	The following table presents the change in the projected benefit obligation for the years ended December 31: Pension benefits Postretirement benefits In thousands 2021 2020 2021 2020 Projected benefit obligation at beginning of period $ 3,161,146 $ 2,973,182 $ 75,586 $ 73,667 Service cost 2,064 2,618 89 105 Interest cost 68,139 82,581 1,758 2,315 Change in prior service cost — 1,905 — — Actuarial (gain) loss (41,239) 257,110 (7,936) 6,648 Foreign currency translation (7,182) 38,003 — — Benefits and expenses paid (179,604) (187,014) (5,459) (7,149) Settlements — (6,336) — — Administrative expenses — (903) — — Projected benefit obligation at end of period $ 3,003,324 $ 3,161,146 $ 64,038 $ 75,586 The following table presents the change in the fair value of plan assets for the years ended December 31, and the plans’ funded status at December 31: Pension benefits Postretirement benefits In thousands 2021 2020 2021 2020 Fair value of plan assets at beginning of period $ 3,225,372 $ 2,856,296 $ — $ — Actual return on plan assets 130,026 481,311 — — Employer contributions 52,161 41,018 5,459 7,078 Settlements — (6,322) — — Benefits paid (179,604) (187,014) (5,459) (7,078) Administrative expenses — (903) — — Foreign currency translation (9,002) 40,986 — — Fair value of plan assets at end of period $ 3,218,953 $ 3,225,372 $ — $ — Funded status at end of period 215,629 64,226 (64,038) (75,586) Unrecognized actuarial (gain) loss (75,280) (69,640) (2,652) 5,195 Unrecognized prior service cost 1,894 1,905 — — Net prepaid (accrued) benefit cost 142,243 (3,509) (66,690) (70,391) Amounts recognized in the Consolidated balance sheets at December 31, are listed below: Pension benefits Postretirement benefits In thousands 2021 2020 2021 2020 Other assets $ 229,585 $ 95,180 $ — $ — Accounts payable and accrued liabilities 332 332 5,725 6,443 Pension and other postretirement benefit obligations 13,624 30,622 58,313 69,143 Accumulated other comprehensive (loss) income 73,386 67,735 2,652 (5,195) Net prepaid (accrued) benefit cost $ 142,243 $ (3,509) $ (66,690) $ (70,391) Funded plans Underfunded plans In thousands 2021 2020 2021 2020 Projected benefit obligation $ 2,927,968 $ 2,957,432 $ 75,356 $ 203,714 Accumulated benefit obligation 2,925,870 2,956,973 75,356 201,755 Fair value of plan assets 3,157,553 3,052,612 61,400 172,760
Schedule of defined benefit plan amounts recognized in other comprehensive income (loss)	The following table presents the components of net periodic benefit expense (benefit) at December 31, 2021, 2020 and 2019: Pension benefits Postretirement benefits In thousands 2021 2020 2019 2021 2020 2019 Components of net periodic benefit cost: Operating expenses: Service cost - benefits earned during the period $ 2,064 $ 2,618 $ 999 $ 89 $ 105 $ 17 Non-operating expenses: Interest cost on benefit obligations 68,139 82,581 12,408 1,758 2,315 419 Expected return on plan assets (165,390) (157,082) (22,303) — — — Amortization of actuarial loss (gain) 152 102 158 (88) (65) (72) Other adjustment 72 — 305 — — — Total non-operating (benefit) expense (97,027) (74,399) (9,432) 1,670 2,250 347 Total (benefit) expense for retirement plans $ (94,963) $ (71,781) $ (8,433) $ 1,759 $ 2,355 $ 364 Other changes in plan assets and benefit obligations recognized in Other comprehensive income: Net actuarial loss (gain) $ (5,875) $ (67,119) $ (12,050) $ (7,936) $ 6,648 $ (484) Amortization of net actuarial gain (loss) (152) (102) (158) 88 65 72 Change in prior service cost — 1,905 — — — — Other adjustment 387 2,108 (305) — — — (Gain) loss recognized in Other comprehensive income $ (5,640) $ (63,208) $ (12,513) $ (7,848) $ 6,713 $ (412)
Schedule of assumptions used	The following assumptions were used in connection with the Company’s actuarial valuation of its pension plans and postretirement benefit obligations at December 31 : Pension benefits Postretirement benefits 2021 2020 2021 2020 Weighted average discount rate 2.6 % 2.2 % 3.0 % 2.6 % Rate of increase in future compensation levels (a) 2.0 % 2.0 % N/A N/A Current year medical trend N/A N/A 6.0 % 5.5 % Ultimate year medical trend N/A N/A 4.5 % 4.5 % Year of ultimate trend N/A N/A 2028 2025 (a) Relates only to the Newspaper Guild of Detroit defined benefit pension plans. The following assumptions were used to calculate the net periodic benefit cost for the Company’s pension plans and postretirement benefit obligations at December 31, 2021, 2020 and 2019: Pension benefits Postretirement benefits 2021 2020 2019 2021 2020 2019 Weighted average discount rate 2.2 % 2.9 % 3.1 % 2.6 % 3.3 % 3.3 % Rate of increase in future compensation levels (a) 2.0 % 2.0 % 2.0 % N/A N/A N/A Weighted average expected return on assets 5.3 % 5.8 % 6.1 % N/A N/A N/A Current year medical trend N/A N/A N/A 6.0 % 6.0 % 6.1 % Ultimate year medical trend N/A N/A N/A 4.5 % 4.5 % 4.5 % Year of ultimate trend N/A N/A N/A 2028 2025 2035 (a) Relates only to the Newspaper Guild of Detroit defined benefit pension plans.
Schedule of allocation of plan assets	The weighted average target asset allocation of our plans for 2022 and allocations at the end of 2021 and 2020, by asset category, are presented in the table below: Target allocation Allocation of plan assets 2022 2021 2020 Equity securities 20% 21% 36% Debt securities 65% 65% 50% Alternative investments (a) 15% 14% 14% Total 100% 100% 100% (a) Alternative investments include real estate, private equity and hedge funds.
Schedule of expected benefit payments	We estimate making the following benefit payments, which reflect expected future service: In thousands Pension benefits Postretirement benefits 2022 $ 195,014 $ 5,809 2023 190,610 5,538 2024 188,805 5,286 2025 187,365 5,016 2026 183,336 4,736 Thereafter 806,672 20,016
Schedule of multiemployer pension plans	For each of the plans listed below, the Company’s contribution represented less than 5% of total contributions to the plan. EIN/Plan number Zone status Year Ended FIP/RP status Contributions (In thousands) Surcharge imposed Expiration dates of CBAs Pension Plan Name December 31, 2021 December 31, 2020 2021 2020 2019 CWA/ITU Negotiated Pension Plan 13-6212879/001 Red Red Implemented $ 369 $ 393 $ 51 No 1/24/2021 GCIU—Employer Retirement Benefit Plan (a) 91-6024903/001 Red Red Implemented 63 89 75 No 1/5/2022 The Newspaper Guild International Pension Plan (a) 52-1082662/001 Red Red Implemented 12 92 31 No 10/6/2021 IAM National Pension Plan (a) (b) 51-6031295/002 Red Red Implemented 188 173 11 No January 8, 2022 and December 28, 2023 Teamsters Pension Trust Fund of Philadelphia and Vicinity (a) 23-1511735/001 Yellow Yellow Implemented 1,098 1,218 139 N/A (c) Central Pension Fund of the International Union of Operating Engineers and Participating Employers (a) 36-6052390/001 Green as of Jan. 31, 2021 Green as of Jan. 31, 2020 N/A 59 59 6 N/A 1/9/2022 Total $ 1,789 $ 2,024 $ 313 (a) This plan has elected to utilize special amortization provisions provided under the Preservation of Access to Care for Medicare Beneficiaries and Pension Relief Act of 2010. (b) The trustees of this plan have voluntarily elected to put the fund in critical status to strengthen its funding position. (c) In February 2018, an interim agreement was executed to maintain the terms and contributions of the plan past the expiration date of 12/31/2017. This agreement is subject to additional negotiation.

Fair value measurement (Tables)

Fair value measurement (Tables)	12 Months Ended
	Dec. 31, 2021
Fair Value Disclosures [Abstract]
Schedule of fair value of pension plan assets by level within fair value hierarchy	The following table sets forth by level, within the fair value hierarchy, the fair values of assets related to the following pension plans: the (i) GWP Plan, (ii) TPC Plan, (iii) GR Plan, (iv) U.K. Pension Plans and (v) Newspaper Guild of Detroit Pension Plan as of December 31, 2021 : Pension Plan Assets and Liabilities as of December 31, 2021 In thousands Level 1 Level 2 Level 3 Total Assets: Cash and cash equivalents $ 21,829 $ 4,187 $ — $ 26,016 Corporate common stock 293,563 — — 293,563 Corporate and government bonds — 337,785 — 337,785 Real estate — — 150,589 150,589 Interest in common/collective trusts: Equities 30,633 403,025 — 433,658 Fixed income 23,943 1,347,233 — 1,371,176 Interest in 103-12 investment entities — 75,481 — 75,481 Partnership/joint venture interests — — 186,817 186,817 Hedge funds — — 100,828 100,828 Other assets — — 2 2 Total plan assets at fair value excluding those measured at NAV 369,968 2,167,711 438,236 2,975,915 Instruments measured at NAV using the practical expedient: Real estate funds 11,856 Interest in common/collective trusts: Equities 87,221 Fixed income 93,819 Partnerships/joint ventures 53,009 Total plan assets at fair value $ 3,221,820 Liabilities: Other liabilities $ (361) $ (498) $ (2,008) $ (2,867) Total plan liabilities at fair value $ (361) $ (498) $ (2,008) $ (2,867) The following table sets forth by level, within the fair value hierarchy, the fair values of assets and liabilities related to the following pension plans: the (i) GWP Plan, (ii) TPC Plan, (iii) GR Plan, (iv) U.K. Pension Plans and (v) the Newspaper Guild of Detroit Pension Plan as of December 31, 2020 : Pension Plan Assets and Liabilities as of December 31, 2020 In thousands Level 1 Level 2 Level 3 Total Assets: Cash and cash equivalents $ 14,975 $ 4,577 $ — $ 19,552 Corporate common stock 517,123 — — 517,123 Real estate — $ 1,096 125,929 127,025 Interest in registered investment companies: Equities 19,398 559,190 — 578,588 Fixed income 23,481 1,427,963 — 1,451,444 Interest in 103-12 investment entities — 76,430 — 76,430 Partnership/joint venture interests — — 174,789 174,789 Hedge funds — — 113,850 113,850 Derivative contracts 3,307 — 2 3,309 Total plan assets at fair value, excluding those measured at NAV $ 578,284 $ 2,069,256 $ 414,570 $ 3,062,110 Assets measured at NAV using the practical expedient: Real estate funds 10,581 Interest in common/collective trusts: Equities 48,632 Fixed income 53,178 Partnership/joint venture interests 53,377 Total plan assets at fair value $ 3,227,878 Liabilities: Derivative liabilities $ — $ (498) $ (2,008) $ (2,506) Total plan liabilities at fair value $ — $ (498) $ (2,008) $ (2,506)
Schedule of changes in fair value of pension plan assets and liabilities, categorized as level 3	The following table sets forth a summary of changes in the fair value of the Level 3 pension plan assets for the year ended December 31, 2021: Actual return on plan In thousands Balance at Relating to assets still held at report date Relating to assets sold during the period Purchases Sales Settlements Balance at Assets: Real estate $ 125,929 $ 17,874 $ — $ 9,082 $ (2,296) $ — $ 150,589 Partnership/joint venture interests 174,789 7,607 — 35,964 (26,339) (5,204) 186,817 Hedge funds 113,850 6,978 — — — (20,000) 100,828 Other assets 2 — — — — — 2 Total assets $ 414,570 $ 32,459 $ — $ 45,046 $ (28,635) $ (25,204) $ 438,236 Liabilities: Other liabilities $ 2,008 $ — $ — $ — $ — $ — $ 2,008 The following table sets forth a summary of changes in the fair value of the Level 3 pension plan assets and liabilities for the year ended December 31, 2020 : Actual return on plan In thousands Balance at Relating to assets still held at report date Relating to assets sold during the period Purchases Sales Settlements Balance at Assets: Real estate $ 99,223 $ 2,556 $ — $ 24,150 $ — $ — $ 125,929 Partnership/joint venture interests 149,018 2,845 — 54,543 (31,617) — 174,789 Hedge funds 123,126 5,724 — — — (15,000) 113,850 Derivative contracts 5 (3) — — — — 2 Total assets $ 371,372 $ 11,122 $ — $ 78,693 $ (31,617) $ (15,000) $ 414,570 Liabilities: Derivative liabilities $ 2,008 $ — $ — $ — $ — $ — $ 2,008

Income taxes (Tables)

Income taxes (Tables)	12 Months Ended
	Dec. 31, 2021
Income Tax Disclosure [Abstract]
Schedule of components of income tax expense (benefit)	The components of Net income (loss) before income taxes consist of the following: Year ended December 31, In thousands 2021 2020 2019 Domestic $ (152,796) $ (646,795) $ (206,270) Foreign 64,875 (59,052) (914) Total $ (87,921) $ (705,847) $ (207,184) The Provision (benefit) for income taxes consists of the following: Year ended December 31, In thousands 2021 2020 2019 Current: Federal $ 579 $ (6,896) $ 113 State and local 1,180 1,877 1,725 Foreign 1,521 1,744 (68) Total current 3,280 (3,275) 1,770 Deferred: Federal 27,842 (20,832) (85,144) State and local 1,663 (12,064) (2,833) Foreign 15,465 2,721 213 Total deferred 44,970 (30,175) (87,764) Provision (benefit) for income taxes $ 48,250 $ (33,450) $ (85,994)
Schedule of reconciliation of effective tax rate	The Provision (benefit) for income taxes varies from the Federal statutory tax rate as a result of the following differences: Year ended December 31, 2021 2020 2019 Federal statutory tax rate 21.0 % 21.0 % 21.0 % (Increase) decrease in taxes resulting from: State and local income taxes, net of federal benefit (3.0) 1.4 0.7 Debt refinancing (30.2) (2.5) — Change in valuation allowance (40.6) (9.2) 22.6 Non-deductible meals, entertainment, and other expenses (2.3) (0.3) (0.8) Capital loss carryforward (1.6) — — PPP Loan forgiveness 3.8 — — Global intangible low-taxed income (5.8) — — Branch income 1.6 0.1 — Profit on non-qualifying land and buildings 2.4 (0.1) — Uncertain tax positions (8.6) (1.0) (0.4) Deduction for interest expense 8.4 0.9 0.4 Transaction costs — (0.1) (2.0) Goodwill Impairment — (5.5) — Effective tax rate NM 4.7 % 41.5 % NM indicates not meaningful.
Schedule of deferred tax liabilities and assets	The tax effects of temporary differences that give rise to the deferred tax assets and deferred tax liabilities are presented below: December 31, In thousands 2021 2020 Deferred tax liabilities: Fixed Assets $ (16,350) $ (31,439) Right of use asset (80,033) (82,275) Convertible debt (27,567) (27,674) Pension and other postretirement benefit obligations (24,900) — Definite and indefinite lived intangible assets (50,738) (62,666) Total deferred tax liabilities $ (199,588) $ (204,054) Deferred tax assets: Accrued compensation costs 12,796 33,325 Accrued liabilities 15,760 18,341 Disallowed interest 83,370 56,527 Goodwill 12,624 27,182 Pension and other postretirement benefit obligations — 21,525 Partnership investments including impairments 301 3,837 Loss carryforwards 255,874 233,049 Lease liabilities 72,728 82,369 Derivative liability — 32,534 Other 24,065 29,286 Total deferred tax assets $ 477,518 $ 537,975 Less: Valuation allowance (274,343) (250,536) Total net deferred tax assets $ 203,175 $ 287,439 Noncurrent net deferred tax assets (liabilities) $ 3,587 $ 83,385
Summary of valuation allowance	The following table summarizes the activity related to our valuation allowance for deferred tax assets for the year ended December 31, 2021 (In thousands ): Balance at beginning of period Additions/(reductions) charged to expenses Additions/(reductions) for acquisitions/dispositions Other additions to (deductions from) reserves Foreign currency translation Balance at end of period $ 250,536 $ 23,438 $ — $ — $ 369 $ 274,343
Summary of activity related to unrecognized tax benefits, excluding federal tax benefit of state tax deductions	The following table summarizes the activity related to unrecognized tax benefits, excluding the federal tax benefit of state tax deductions: Year ended December 31, In thousands 2021 2020 2019 Change in unrecognized tax benefits: Balance at beginning of year $ 40,885 $ 34,074 $ 1,190 Additions based on tax positions related to the current year 6,574 6,617 658 Additions for tax positions of prior years 607 1,611 — Reductions for tax positions of prior years (1,984) (1,417) (352) Increase due to current year business acquisitions — — 32,578 Balance at end of year $ 46,082 $ 40,885 $ 34,074

Supplemental equity informati_2

Supplemental equity information (Tables)	12 Months Ended
	Dec. 31, 2021
Equity [Abstract]
Schedule of earnings (loss) per share (basic and diluted)	The following table sets forth the information to compute basic and diluted loss per share: Year ended December 31, In thousands, except per share data 2021 2020 2019 Net loss attributable to Gannett $ (134,962) $ (670,479) $ (119,842) Basic weighted average shares outstanding 134,783 131,742 67,671 Diluted weighted average shares outstanding 134,783 131,742 67,671
Schedule of securities from computation of diluted income per share	The Company excluded the following securities from the computation of diluted income per share because their effect would have been antidilutive: Year ended December 31, In thousands 2021 2020 2019 Warrants 845 845 1,362 Stock options 6,068 6,068 2,905 Restricted stock grants (a) 9,854 7,694 9,494 2027 Notes (b) 98,168 27,482 — (a) Includes Restricted stock awards ("RSA"), Restricted stock units ("RSU") and Performance stock units ("PSU"). (b) Represents the total number of shares that would be convertible at December 31, 2021 and 2020 as stipulated in the 2027 Notes Indenture. The amount for the year ended December 31, 2021 reflects the adjustment for the weighted average impact of the repurchase of $11.8 million aggregate principal of 2027 Notes as described below .
Schedule of nonvested RSG cost	The following table outlines RSA activity: Year ended December 31, 2021 2020 2019 Number of RSAs (In thousands) Weighted- Number of RSAs (In thousands) Weighted- Number of RSAs (In thousands) Weighted- Unvested at beginning of year 5,181 $ 3.39 317 $ 14.61 384 $ 16.11 Granted 4,100 5.29 6,781 3.35 301 13.62 Vested (1,956) 3.80 (1,280) 5.72 (274) 15.45 Forfeited (376) 4.76 (637) 3.90 (94) 15.12 Unvested at end of year 6,949 $ 4.32 5,181 $ 3.39 317 $ 14.61 The following table outlines RSU and PSU activity: Year ended December 31, 2021 2020 2019 Number of RSUs & PSUs (In thousands) Weighted- Number of RSUs & PSUs (In thousands) Weighted- Number of RSUs & PSUs (In thousands) Weighted- Unvested at beginning of year 2,513 $ 6.28 7,368 $ 6.28 — $ — Granted 2,000 3.04 282 0.90 10,466 6.28 Vested (1,576) 6.28 (4,713) 6.27 (3,081) 6.28 Forfeited (32) 6.28 (424) 2.81 (17) 6.28 Unvested at end of year 2,905 $ 4.05 2,513 $ 6.28 7,368 $ 6.28 As of December 31, 2021, the aggregate intrinsic value of unvested RSUs and PSUs was $15.5 million.
Schedule of accumulated other comprehensive income (loss)	changes in, Accumulated other comprehensive income (loss), net of tax: In thousands Pension and postretirement benefit plans Foreign currency translation Total Balance at December 30, 2018 $ (6,881) $ — $ (6,881) Other comprehensive income before reclassifications 7,731 7,266 14,997 Amounts reclassified from accumulated other comprehensive income (a) (b) 86 — 86 Net current period other comprehensive income, net of taxes 7,817 7,266 15,083 Balance at December 31, 2019 $ 936 $ 7,266 $ 8,202 Other comprehensive income before reclassifications 39,479 2,466 41,945 Amounts reclassified from accumulated other comprehensive income (a) (b) 26 — 26 Net current period other comprehensive income, net of taxes 39,505 2,466 41,971 Balance at December 31, 2020 $ 40,441 $ 9,732 $ 50,173 Other comprehensive income (loss) before reclassifications 10,382 (604) 9,778 Amounts reclassified from accumulated other comprehensive income (a) (b) 47 — 47 Net current period other comprehensive income (loss), net of taxes 10,429 (604) 9,825 Balance at December 31, 2021 $ 50,870 $ 9,128 $ 59,998 (a) Accumulated other comprehensive income component represents amortization of actuarial loss and is included in the computation of net periodic benefit cost. See Note 10 — Pensions and other postretirement benefit plans. (b) Amounts reclassified from accumulated other comprehensive income are recorded net of tax impacts of $0.02 million and $0.01 million for the years ended December 31, 2021 and 2020, respectively. There was no tax impact for the year ended December 31, 2019.

Segment reporting (Tables)

Segment reporting (Tables)	12 Months Ended
	Dec. 31, 2021
Segment Reporting [Abstract]
Schedule of segment reporting information, by segment	The following tables present our segment information: In thousands Publishing Digital Marketing Solutions Corporate and Other Intersegment Eliminations Consolidated Year ended December 31, 2021 Advertising and marketing services - external sales $ 1,207,881 $ 441,394 $ 1,886 $ — $ 1,651,161 Advertising and marketing services - intersegment sales 129,322 — — (129,322) — Circulation 1,249,669 — 5 — 1,249,674 Other 299,863 905 6,480 — 307,248 Total operating revenues $ 2,886,735 $ 442,299 $ 8,371 $ (129,322) $ 3,208,083 Adjusted EBITDA (non-GAAP basis) $ 433,973 $ 50,960 $ (51,221) $ — $ 433,712 Adjusted EBITDA margin (non-GAAP basis) 15.0 % 11.5 % NM NM 13.5 % Year ended December 31, 2020 Advertising and marketing services - external sales $ 1,295,158 $ 411,940 $ 3,146 $ — $ 1,710,244 Advertising and marketing services - intersegment sales 114,342 — — (114,342) — Circulation 1,391,983 — 13 — 1,391,996 Other 278,964 16,665 7,801 — 303,430 Total operating revenues $ 3,080,447 $ 428,605 $ 10,960 $ (114,342) $ 3,405,670 Adjusted EBITDA (non-GAAP basis) $ 459,195 $ 24,361 $ (69,661) $ — $ 413,895 Adjusted EBITDA margin (non-GAAP basis) 14.9 % 5.7 % NM NM 12.2 % Year ended December 31, 2019 Advertising and marketing services - external sales $ 819,046 $ 131,003 $ 2,595 $ — $ 952,644 Advertising and marketing services - intersegment sales 78,539 — — (78,539) — Circulation 704,811 — 31 — 704,842 Other 190,256 18,239 1,928 — 210,423 Total operating revenues $ 1,792,652 $ 149,242 $ 4,554 $ (78,539) $ 1,867,909 Adjusted EBITDA (non-GAAP basis) $ 268,916 $ (3,279) $ (41,766) $ — $ 223,871 Adjusted EBITDA margin (non-GAAP basis) 15.0 % NM NM NM 12.0 % NM indicates not meaningful. The following table presents our reconciliation of Net loss attributable to Gannett to A djusted EBITDA and Net loss attributable to Gannett margin to Adjusted EBITDA margin: Year ended December 31, In thousands 2021 2020 2019 Net loss attributable to Gannett (134,962) (670,479) (119,842) Provision (benefit) for income taxes 48,250 (33,450) (85,994) Interest expense 135,748 228,513 63,660 Loss on early extinguishment of debt 48,708 43,760 6,058 Non-operating pension income (95,357) (72,149) (9,085) Loss on convertible notes derivative 126,600 74,329 — Depreciation and amortization 203,958 263,819 111,882 Integration and reorganization costs 49,284 145,731 52,212 Other operating expenses 20,952 11,152 60,618 Asset impairments 3,976 11,029 3,009 Goodwill and intangible impairments — 393,446 100,743 Loss (gain) on sale or disposal of assets, net 17,208 (5,680) 4,723 Share-based compensation expense 18,439 26,350 11,324 Other items (9,092) (2,476) 24,563 Adjusted EBITDA (non-GAAP basis) $ 433,712 $ 413,895 $ 223,871 Net loss attributable to Gannett margin (4.2) % (19.7) % (6.4) % Adjusted EBITDA margin (non-GAAP basis) 13.5 % 12.2 % 12.0 %

Description of business and b_2

Description of business and basis of presentation (Details) $ in Thousands	12 Months Ended
	Dec. 31, 2021USD ($)segmentstatebrand	Dec. 31, 2020USD ($)	Dec. 31, 2019USD ($)
Significant Accounting Policies
Number of states in which entity operates | state	45
Number of operating segments | segment	2
Operating costs	$ 1,901,564	$ 2,034,272	$ 1,079,593
Selling, general and administrative expenses	902,064	$ 999,789	$ 602,106
Paycheck Protection Program, Cares Act | Scenario, Adjustment
Significant Accounting Policies
Operating costs	(12,100)
Selling, general and administrative expenses	(4,300)
Paycheck Protection Program, Cares Act | Line of Credit
Significant Accounting Policies
Proceeds from short term debt	$ 16,400
UNITED KINGDOM
Significant Accounting Policies
Number of media brands (more than) | brand	120

Summary of significant accoun_4

Summary of significant accounting policies - Narrative (Details) $ in Thousands	12 Months Ended
	Dec. 31, 2021USD ($)	Dec. 31, 2020USD ($)reporting_unit	Dec. 31, 2019USD ($)	Nov. 17, 2020
Significant Accounting Policies
Depreciation expense	$ 100,900	$ 155,300	$ 67,200
Reporting units (units) | reporting_unit		3
Advertising expense	45,300	$ 50,000	26,800
Total operating revenues	3,208,083	$ 3,405,670	$ 1,867,909
2027 Notes | Convertible Debt
Significant Accounting Policies
Stated interest rate				6.00%
UK And ReachLocal
Significant Accounting Policies
Total operating revenues	247,600
Long-lived assets	$ 246,200

Summary of significant accoun_5

Summary of significant accounting policies - Reconciliation of Cash, Cash Equivalents and Restricted Cash (Details) - USD ($) $ in Thousands	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019	Dec. 30, 2018
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents
Cash and cash equivalents	$ 130,756	$ 170,725	$ 156,042
Restricted cash, included in prepaid expenses and other current assets	4,606	11,356	10,800
Restricted cash, included in other assets	8,257	24,645	21,822
Total cash, cash equivalents and restricted cash	$ 143,619	$ 206,726	$ 188,664	$ 52,770

Summary of significant accoun_6

Summary of significant accounting policies - Supplemental Cash Flow Information (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Accounting Policies [Abstract]
Net cash (refund) paid for taxes	$ (8,324)	$ (3,964)	$ 1,192
Cash paid for interest	103,879	218,110	40,208
Non-cash investing and financing activities:
Accrued capital expenditures	1,682	544	2,227
Common stock issued in exchange for Legacy Gannett shares	$ 0	$ 0	$ 391,809

Summary of significant accoun_7

Summary of significant accounting policies - Property, Plant and Equipment (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020
Property, Plant and Equipment
Total property, plant and equipment	$ 751,884	$ 952,301
Accumulated depreciation	(336,500)	(362,029)
Net property, plant and equipment	415,384	590,272
Land
Property, Plant and Equipment
Total property, plant and equipment	48,389	74,549
Buildings and improvements
Property, Plant and Equipment
Total property, plant and equipment	$ 239,414	348,591
Buildings and improvements | Minimum
Property, Plant and Equipment
Property, plant and equipment, useful life	10 years
Buildings and improvements | Maximum
Property, Plant and Equipment
Property, plant and equipment, useful life	30 years
Machinery and equipment
Property, Plant and Equipment
Total property, plant and equipment	$ 352,372	426,348
Machinery and equipment | Minimum
Property, Plant and Equipment
Property, plant and equipment, useful life	3 years
Machinery and equipment | Maximum
Property, Plant and Equipment
Property, plant and equipment, useful life	20 years
Furniture, fixtures and computer software
Property, Plant and Equipment
Total property, plant and equipment	$ 101,571	96,739
Furniture, fixtures and computer software | Minimum
Property, Plant and Equipment
Property, plant and equipment, useful life	3 years
Furniture, fixtures and computer software | Maximum
Property, Plant and Equipment
Property, plant and equipment, useful life	10 years
Construction in progress
Property, Plant and Equipment
Total property, plant and equipment	$ 10,138	$ 6,074
Internal use software | Minimum
Property, Plant and Equipment
Property, plant and equipment, useful life	3 years
Internal use software | Maximum
Property, Plant and Equipment
Property, plant and equipment, useful life	5 years

Summary of significant accoun_8

Summary of significant accounting policies - Accounts Payable and Accrued Expenses (Details) - USD ($) $ in Thousands	Dec. 31, 2021	Dec. 31, 2020
Accounting Policies [Abstract]
Accounts payable	$ 157,257	$ 131,797
Compensation	107,585	115,061
Taxes (primarily property and sales taxes)	26,042	30,834
Benefits	21,056	22,821
Interest	7,577	3,676
Other	37,497	74,057
Accounts payable and accrued liabilities	$ 357,014	$ 378,246

Revenues - Disaggregation of Re

Revenues - Disaggregation of Revenue (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Disaggregation of Revenue
Total revenues	$ 3,208,083	$ 3,405,670	$ 1,867,909
Total advertising and marketing services
Disaggregation of Revenue
Total revenues	1,651,161	1,710,244	952,644
Print advertising
Disaggregation of Revenue
Total revenues	792,286	901,805	689,595
Digital advertising and marketing services
Disaggregation of Revenue
Total revenues	858,875	808,439	263,049
Circulation
Disaggregation of Revenue
Total revenues	1,249,674	1,391,996	704,842
Other
Disaggregation of Revenue
Total revenues	$ 307,248	$ 303,430	$ 210,423

Revenues - Narrative (Details)

Revenues - Narrative (Details)	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020
International | Revenue Benchmark | Geographic Concentration Risk
Revenue, Initial Application Period Cumulative Effect Transition
Revenue, percentage	7.70%	6.80%

Revenues - Deferred Revenue (De

Revenues - Deferred Revenue (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020
Movement in Deferred Revenue
Beginning balance	$ 186,007	$ 218,823
Cash receipts	1,279,848	1,425,387
Revenue recognized	(1,281,017)	(1,458,203)
Ending balance	184,838	186,007
Advertising, marketing services and other
Movement in Deferred Revenue
Beginning balance	51,686	67,444
Cash receipts	289,806	272,145
Revenue recognized	(280,827)	(287,903)
Ending balance	60,665	51,686
Circulation
Movement in Deferred Revenue
Beginning balance	134,321	151,379
Cash receipts	990,042	1,153,242
Revenue recognized	(1,000,190)	(1,170,300)
Ending balance	$ 124,173	$ 134,321

Leases - Narrative (Details)

Leases - Narrative (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020
Lessee, Lease, Description
Operating lease assets	$ 271,935	$ 289,504
Current operating lease liability	$ 47,600
Operating Lease, Liability, Current, Statement of Financial Position	Other current liabilities	Other current liabilities
Long-term operating lease liabilities	$ 254,969	$ 274,460
Lease not yet commenced	$ 3,300
Minimum
Lessee, Lease, Description
Remaining lease term with option to extend (in years)	1 year
Maximum
Lessee, Lease, Description
Remaining lease term with option to extend (in years)	15 years

Leases - Components Of Leases E

Leases - Components Of Leases Expenses (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Leases [Abstract]
Operating lease cost	$ 80,213	$ 83,410	$ 30,573
Short-term lease cost	886	5,663	5,086
Variable lease cost	11,464	12,808	8,412
Net lease cost	92,563	101,881	44,071
Sublease Income	$ 6,500	$ 3,800	$ 2,500

Leases - Other Information (Det

Leases - Other Information (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Supplemental Information
Cash paid for amounts included in the measurement of operating lease liabilities	$ 81,380	$ 86,999	$ 35,837
Right-of-use assets obtained in exchange for operating lease obligations	38,137	36,247	28,545
Loss on sale and leaseback transactions, net	$ 1,938	$ 3,821	$ 0
Weighted-average remaining lease term (in years)	7 years 3 months 18 days	7 years 8 months 12 days	8 years 3 months 18 days
Weighted-average discount rate	12.80%	12.90%	12.40%

Leases - Future Minimum Lease p

Leases - Future Minimum Lease payments (Details) $ in Thousands	Dec. 31, 2021USD ($)
Year ended December 31, 2021
2022	$ 79,231
2023	69,531
2024	61,219
2025	51,969
2026	43,824
Thereafter	173,513
Total future minimum lease payments	479,287
Less: Imputed interest	176,714
Total	$ 302,573

Accounts receivable, net - Narr

Accounts receivable, net - Narrative (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020
Receivables [Abstract]
Accounts receivable, reserve percentage calculation period	3 years
Threshold period for reserves	90 days
Bad debt expense	$ 6,399	$ 28,654

Accounts receivable, net - Allo

Accounts receivable, net - Allowance for doubtful accounts (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020
Accounts Receivable, Allowance for Credit Loss
Beginning balance	$ 20,843	$ 19,923
Current period provision	6,399	28,654
Write-offs charged against the allowance	(14,897)	(29,532)
Recoveries of amounts previously written-off	4,109	2,824
Disposition	0	(1,011)
Foreign currency	16	(15)
Ending balance	$ 16,470	$ 20,843

Acquisitions - Narrative (Detai

Acquisitions - Narrative (Detail)	Nov. 19, 2019USD ($)shares	Dec. 31, 2021USD ($)shares	Dec. 31, 2020USD ($)shares	Dec. 31, 2019USD ($)agencypublicationbusinessnewspapershares
Business Acquisition
Principal balance		$ 1,368,700,000	$ 1,575,600,000
Common stock
Business Acquisition
Issuance of common stock (in shares) | shares		217,000	677,000
Former Manager | Common stock
Business Acquisition
Issuance of common stock (in shares) | shares	4,205,607			4,206,000
Acquisition Term Loan | Senior Secured Term Loan
Business Acquisition
Senior-secured term loan (in years)	5 years
Stated interest rate	11.50%
Principal balance	$ 1,792,000,000		$ 1,075,200,000
Gannet Co., Inc
Business Acquisition
Acquisition, transaction value	$ 1,300,000,000
Certain Publications and Businesses
Business Acquisition
Acquisition, transaction value				$ 53,400,000
Number of daily newspapers | newspaper				11
Number of weekly publications | publication				11
Number of shoppers, a remnant advertising agency | agency				9
Number of events production businesses | business				5
Interest acquired (as a percent)				58.00%
Certain Publications and Businesses | Third Party
Business Acquisition
Interest acquired (as a percent)				42.00%

Acquisitions - Acquired Assets

Acquisitions - Acquired Assets and Liabilities Assumed (Details) - USD ($) $ in Thousands	6 Months Ended	12 Months Ended	13 Months Ended
	Jun. 30, 2020	Dec. 31, 2020	Dec. 31, 2020	Dec. 31, 2021	Dec. 31, 2019	Nov. 19, 2019
Business Acquisition
Goodwill		$ 534,088	$ 534,088	$ 533,709	$ 914,331
Measurement period adjustments
Net assets			0
Measurement period adjustment, decrease in deferred tax liabilities			4,000
Gannet Co., Inc
Business Acquisition
Cash and restricted cash acquired		149,452	149,452			$ 149,452
Current assets		383,965	383,965			383,965
Other assets		97,459	97,459			97,459
Property, plant and equipment		536,511	536,511			536,511
Operating lease assets		200,550	200,550			200,550
Goodwill		657,784	657,784			644,766
Total assets		2,617,531	2,617,531			2,615,333
Current liabilities		513,847	513,847			513,752
Long-term liabilities		789,122	789,122			787,019
Total liabilities		1,302,969	1,302,969			1,300,771
Net assets		1,314,562	1,314,562			1,314,562
Measurement period adjustments
Goodwill			13,018
Total assets			2,198
Current liabilities			95
Long-term liabilities			2,103
Total liabilities			2,198
Measurement period adjustment, employer pension liability	$ 5,800
Gannet Co., Inc | Developed technology
Business Acquisition
Finite lived intangible assets		36,100	36,100			47,770
Measurement period adjustments
Cash and restricted cash acquired			0
Current assets			0
Other assets			0
Property, plant and equipment			0
Operating lease assets			0
Intangible assets			(11,670)
Gannet Co., Inc | Advertiser relationships
Business Acquisition
Finite lived intangible assets		256,160	256,160			272,740
Measurement period adjustments
Intangible assets			(16,580)
Gannet Co., Inc | Subscriber relationships
Business Acquisition
Finite lived intangible assets		110,590	110,590			104,490
Measurement period adjustments
Intangible assets			6,100
Gannet Co., Inc | Other customer relationships
Business Acquisition
Finite lived intangible assets		67,360	67,360			63,820
Measurement period adjustments
Intangible assets			3,540
Gannet Co., Inc | Trade names
Business Acquisition
Finite lived intangible assets		15,840	15,840			16,470
Measurement period adjustments
Intangible assets			(630)
Gannet Co., Inc | Mastheads
Business Acquisition
Indefinite lived intangible assets		105,760	105,760			$ 97,340
Measurement period adjustments
Indefinite lived- Mastheads			8,420
Certain Publications and Businesses
Business Acquisition
Cash and restricted cash acquired		323	323		323
Current assets		9,208	9,208		9,320
Other assets		950	950		950
Property, plant and equipment		21,222	21,222		20,492
Goodwill		19,602	19,602		20,850
Total assets		67,513	67,513		60,687
Current liabilities		11,961	11,961		11,961
Long-term liabilities		513	513		463
Total liabilities		12,474	12,474		12,424
Minority interest		1,651	1,651		1,651
Net assets		53,388	53,388		46,612
Measurement period adjustments
Cash and restricted cash acquired		0
Current assets		(112)
Other assets		0
Property, plant and equipment		730
Indefinite lived- Mastheads		0
Goodwill		(1,248)
Total assets		6,826
Current liabilities		0
Long-term liabilities		50
Total liabilities		50
Minority interest		0
Net assets		6,776
Measurement period adjustment, contingent liability	$ 7,000
Certain Publications and Businesses | Non-compete agreements
Business Acquisition
Finite lived intangible assets		280	280		280
Measurement period adjustments
Intangible assets		0
Certain Publications and Businesses | Advertiser relationships
Business Acquisition
Finite lived intangible assets		2,636	2,636		2,357
Measurement period adjustments
Intangible assets		279
Certain Publications and Businesses | Subscriber relationships
Business Acquisition
Finite lived intangible assets		1,457	1,457		1,457
Measurement period adjustments
Intangible assets		0
Certain Publications and Businesses | Other customer relationships
Business Acquisition
Finite lived intangible assets		4,265	4,265		1,323
Measurement period adjustments
Intangible assets		2,942
Certain Publications and Businesses | Trade names
Business Acquisition
Finite lived intangible assets		2,404	2,404		299
Measurement period adjustments
Intangible assets		2,105
Certain Publications and Businesses | Software
Business Acquisition
Finite lived intangible assets		2,270	2,270		140
Measurement period adjustments
Intangible assets		2,130
Certain Publications and Businesses | Mastheads
Business Acquisition
Indefinite lived intangible assets		$ 2,896	$ 2,896		$ 2,896

Acquisitions - Pro Forma Inform

Acquisitions - Pro Forma Information (Details) - Gannet Co., Inc $ / shares in Units, $ in Thousands	12 Months Ended
	Dec. 31, 2019USD ($)$ / shares
Business Acquisition
Total revenues	$ 4,177,583
Net loss	$ (292,395)
Loss per share - diluted (in dollars per share) | $ / shares	$ (2.27)

Goodwill and intangible asset_2

Goodwill and intangible assets - Schedule of Intangible Assets (Detail) - USD ($) $ in Thousands	Dec. 31, 2021	Dec. 31, 2020
Finite-lived intangible assets:
Gross carrying amount	$ 878,376	$ 887,645
Accumulated amortization	333,421	234,403
Net carrying amount	544,955	653,242
Indefinite-lived intangible assets:
Intangible assets, net	713,153	824,650
Goodwill	533,709	534,088
Mastheads
Indefinite-lived intangible assets:
Nonamortized intangible assets	168,198	171,408
Advertiser relationships
Finite-lived intangible assets:
Gross carrying amount	453,038	460,331
Accumulated amortization	153,988	112,468
Net carrying amount	299,050	347,863
Other customer relationships
Finite-lived intangible assets:
Gross carrying amount	102,486	102,925
Accumulated amortization	35,237	23,682
Net carrying amount	67,249	79,243
Subscriber relationships
Finite-lived intangible assets:
Gross carrying amount	254,162	255,702
Accumulated amortization	99,905	71,271
Net carrying amount	154,257	184,431
Other intangible assets
Finite-lived intangible assets:
Gross carrying amount	68,690	68,687
Accumulated amortization	44,291	26,982
Net carrying amount	$ 24,399	$ 41,705

Goodwill and intangible asset_3

Goodwill and intangible assets - Narrative (Detail) - USD ($) $ in Thousands	3 Months Ended	12 Months Ended
	Jun. 30, 2020	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Intangible Assets
Weighted average useful life		10 years 3 months 18 days
Amortization expenses		$ 103,100	$ 108,500	$ 44,700
Goodwill impairment			$ 362,350
Domestic Publishing
Intangible Assets
Goodwill impairment	$ 256,500
Impairment of intangible assets excluding goodwill	4,000
Newspaper Reporting Unit
Intangible Assets
Goodwill impairment	65,400
Impairment of intangible assets excluding goodwill	4,000
Digital Marketing Solutions
Intangible Assets
Goodwill impairment	40,500
Print Advertising and other customer relationships
Intangible Assets
Impairment of intangible assets excluding goodwill	$ 23,000
Minimum | Measurement Input, Long-term Revenue Growth Rate
Intangible Assets
Intangible assets measurement inputs (percent)		0.50%
Minimum | Discount rate
Intangible Assets
Intangible assets measurement inputs (percent)		11.00%
Maximum | Measurement Input, Long-term Revenue Growth Rate
Intangible Assets
Intangible assets measurement inputs (percent)		3.00%
Maximum | Discount rate
Intangible Assets
Intangible assets measurement inputs (percent)		15.00%
Advertiser relationships
Intangible Assets
Weighted average useful life		11 years 3 months 18 days
Other customer relationships
Intangible Assets
Weighted average useful life		9 years 9 months 18 days
Subscriber relationships
Intangible Assets
Weighted average useful life		10 years 3 months 18 days
Other intangible assets
Intangible Assets
Weighted average useful life		4 years

Goodwill and intangible asset_4

Goodwill and intangible assets - Future Annual Amortization Expense (Details) - USD ($) $ in Thousands	Dec. 31, 2021	Dec. 31, 2020
Finite-Lived Intangible Assets, Net, Amortization Expense, Fiscal Year Maturity
2022	$ 96,474
2023	91,294
2024	89,962
2025	81,501
2026	64,615
Thereafter	121,109
Net carrying amount	$ 544,955	$ 653,242

Goodwill and intangible asset_5

Goodwill and intangible assets - Change in Goodwill (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Goodwill
Beginning Balance	$ 534,088	$ 914,331
Goodwill impairment		(362,350)
Goodwill acquired in business combinations	95
Goodwill related to divestitures	(341)	(26,920)
Measurement period adjustments		11,770
Foreign currency exchange rate changes	(133)	(2,743)
Ending Balance	533,709	534,088
Goodwill accumulated impairment losses	455,385	455,844	$ 87,921
Publishing
Goodwill
Beginning Balance	416,617	716,334
Goodwill impairment		(321,851)
Goodwill acquired in business combinations	95
Goodwill related to divestitures	(341)	(20,328)
Measurement period adjustments		45,205
Foreign currency exchange rate changes	(133)	(2,743)
Ending Balance	416,238	416,617
Digital Marketing Solutions
Goodwill
Beginning Balance	117,471	197,997
Goodwill impairment		(40,499)
Goodwill acquired in business combinations	0
Goodwill related to divestitures	0	(6,592)
Measurement period adjustments		(33,435)
Foreign currency exchange rate changes	0	0
Ending Balance	$ 117,471	$ 117,471

Integration and reorganizatio_3

Integration and reorganization costs and asset impairments - Severance-related Expenses (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Restructuring Cost and Reserve
Restructuring provision included in integration and reorganization costs	$ 49,284	$ 145,731	$ 52,212
Employee Severance
Restructuring Cost and Reserve
Restructuring provision included in integration and reorganization costs	16,471	86,297	40,552
Operating Segments | Publishing | Employee Severance
Restructuring Cost and Reserve
Restructuring provision included in integration and reorganization costs	14,529	55,655	19,556
Operating Segments | Digital Marketing Solutions | Employee Severance
Restructuring Cost and Reserve
Restructuring provision included in integration and reorganization costs	321	6,320	1,916
Corporate and other | Employee Severance
Restructuring Cost and Reserve
Restructuring provision included in integration and reorganization costs	$ 1,621	$ 24,322	$ 19,080

Integration and reorganizatio_4

Integration and reorganization costs and asset impairments - Severance-related Liabilities Activity (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Restructuring Reserve
Restructuring provision included in integration and reorganization costs	$ 49,284	$ 145,731	$ 52,212
Employee Severance
Restructuring Reserve
Balance, beginning of period	30,943	30,785
Restructuring provision included in integration and reorganization costs	16,471	86,297	40,552
Cash payments	(34,856)	(86,139)
Balance, end of period	$ 12,558	$ 30,943	$ 30,785

Integration and reorganizatio_5

Integration and reorganization costs and asset impairments - Facility Consolidation Charges (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Restructuring Cost and Reserve
Consolidation charges and other restructuring-related costs	$ 49,284	$ 145,731	$ 52,212
Manager
Restructuring Cost and Reserve
Payment to manager		30,400
Facility Closing
Restructuring Cost and Reserve
Consolidation charges and other restructuring-related costs	32,813	59,434	11,660
Corporate and other | Facility Closing
Restructuring Cost and Reserve
Consolidation charges and other restructuring-related costs	29,993	53,894	7,443
Publishing | Operating Segments | Facility Closing
Restructuring Cost and Reserve
Consolidation charges and other restructuring-related costs	1,431	5,197	3,931
Digital Marketing Solutions | Operating Segments | Facility Closing
Restructuring Cost and Reserve
Consolidation charges and other restructuring-related costs	$ 1,389	$ 343	$ 286

Integration and reorganizatio_6

Integration and reorganization costs and asset impairments - Impairment Charges (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Restructuring Cost and Reserve
Asset impairment charge	$ 3,976	$ 11,029	$ 3,009
Publishing
Restructuring Cost and Reserve
Asset impairment charge	3,976	10,312	3,009
Digital Marketing Solutions
Restructuring Cost and Reserve
Asset impairment charge	$ 0	$ 717	$ 0

Integration and reorganizatio_7

Integration and reorganization costs and asset impairments - Narrative (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Publishing
Restructuring Cost and Reserve
Accelerated depreciation	$ 15.3	$ 49.6	$ 7.9

Debt - Summary of Debt Outstand

Debt - Summary of Debt Outstanding (Details) - USD ($)	Dec. 31, 2021	Oct. 15, 2021	Feb. 26, 2021	Feb. 09, 2021	Dec. 31, 2020	Nov. 17, 2020	Nov. 19, 2019
Debt Instrument
Principal balance	$ 1,368,700,000				$ 1,575,600,000
Unamortized original issue discount	(121,000,000)				(160,300,000)
Unamortized deferred financing costs	(15,400,000)				(4,700,000)
Long-term debt	769,446,000				890,323,000
Aggregate principal amount of debt	1,232,300,000				1,600,200,000
Long term debt, gross, current	(69,500,000)				(128,400,000)
Debt instrument unamortized discount current	0				0
Debt issuance costs, current, net	0				0
Long-term debt, current maturities	(69,500,000)				(128,400,000)
Non-current debt, gross, noncurrent	1,299,200,000				1,447,200,000
Debt instrument, unamortized discount, noncurrent	(121,000,000)				(160,300,000)
Debt issuance costs, noncurrent, net	(15,400,000)				(4,700,000)
Non-current portion of long-term debt	1,162,800,000				1,471,800,000
Senior Secured Term Loan | New Senior Secured Term Loan
Debt Instrument
Principal balance	480,100,000	$ 516,000,000
Unamortized original issue discount	(14,100,000)	(5,200,000)
Unamortized deferred financing costs	(2,700,000)
Secured debt	463,300,000
Senior Secured Term Loan | Acquisition Term Loan
Debt Instrument
Principal balance					1,075,200,000		$ 1,792,000,000
Unamortized original issue discount				$ (34,700,000)	(54,000,000)
Unamortized deferred financing costs				(1,500,000)	(2,400,000)
Secured debt					1,018,800,000
Aggregate principal amount of debt				$ 1,043,000,000
Senior Secured Term Loan | 2026 Senior Notes
Debt Instrument
Principal balance	400,000,000	$ 400,000,000
Unamortized original issue discount	(13,700,000)
Unamortized deferred financing costs	(10,700,000)
Long-term debt	375,600,000
Convertible Debt | 2027 Notes
Debt Instrument
Principal balance	485,300,000				497,100,000
Unamortized original issue discount	(93,200,000)				(106,300,000)
Unamortized deferred financing costs	(2,000,000)				(2,300,000)	$ (2,300,000)
Long-term debt	390,100,000				578,100,000	497,100,000
Fair value of embedded derivative liability			$ 316,200,000		189,600,000	$ 115,300,000
Convertible Debt | 2024 Notes
Debt Instrument
Principal balance	3,300,000				3,300,000
Unamortized original issue discount	0				0
Unamortized deferred financing costs	0				0
Long-term debt	$ 3,300,000				$ 3,300,000

Debt - October Debt Refinancing

Debt - October Debt Refinancing (Details) - USD ($)	Oct. 15, 2021	Feb. 09, 2021	Dec. 31, 2021	Dec. 31, 2020
Line of Credit Facility
Principal balance			$ 1,368,700,000	$ 1,575,600,000
Long-term debt			769,446,000	890,323,000
Unamortized deferred financing costs			15,400,000	4,700,000
Unamortized original issue discount			121,000,000	$ 160,300,000
New Senior Secured Term Loan | Senior Secured Term Loan
Line of Credit Facility
Senior-secured term loan (in years)	5 years
Principal balance	$ 516,000,000		480,100,000
Stated interest rate	1.50%
Unamortized deferred financing costs			2,700,000
Unamortized original issue discount	$ 5,200,000		14,100,000
Third party fees			1,800,000
2026 Senior Notes | Senior Secured Term Loan
Line of Credit Facility
Principal balance	$ 400,000,000		400,000,000
Stated interest rate	6.00%
Long-term debt			375,600,000
Unamortized deferred financing costs			10,700,000
Unamortized original issue discount			13,700,000
Capitalized third party fees	$ 7,200,000
Third party fees			7,900,000
Five Year Term Loan | Senior Secured Term Loan
Line of Credit Facility
Senior-secured term loan (in years)		5 years
Long-term debt		$ 1,045,000,000
Unamortized deferred financing costs	7,000,000
Unamortized original issue discount	$ 25,200,000	20,900,000
Capitalized third party fees		$ 13,000,000
Third party fees			$ 10,900,000

Debt - New Senior Secured Term

Debt - New Senior Secured Term Loan (Details)	Oct. 15, 2021USD ($)plan	Dec. 31, 2021USD ($)	Dec. 31, 2020USD ($)	Dec. 31, 2019USD ($)
Debt Instrument
Repayments of medium-term notes		$ 2,156,046,000	$ 681,050,000	$ 481,058,000
New Senior Secured Term Loan | Senior Secured Term Loan
Debt Instrument
Stated interest rate	1.50%
Prepayment premium (percentage)	1.00%
Cash requirement	$ 100,000,000
Quarterly amortization percentage	10.00%	5.00%
Net leverage ratio | plan	1.20
Effective interest rate		6.40%
Repayments of medium-term notes		$ 35,900,000
New Senior Secured Term Loan | Senior Secured Term Loan | Debt Covenant, Range One
Debt Instrument
Net leverage ratio	0.0200
Debt covenant	$ 25,000,000
New Senior Secured Term Loan | Senior Secured Term Loan | Debt Covenant, Range Two
Debt Instrument
Net leverage ratio	0.0150
Debt covenant	$ 50,000,000
New Senior Secured Term Loan | Senior Secured Term Loan | Debt Covenant, Range Three
Debt Instrument
Net leverage ratio	0.0100
New Senior Secured Term Loan | Senior Secured Term Loan | LIBOR
Debt Instrument
Variable rate (percent)	5.00%
New Senior Secured Term Loan | Senior Secured Term Loan | Base Rate
Debt Instrument
Variable rate (percent)	4.00%
New Senior Secured Term Loan | Senior Secured Term Loan | Minimum
Debt Instrument
Stated interest rate	0.50%
Unrestricted cash requirement	$ 30,000,000

Debt - 5-Year Term Loan (Detail

Debt - 5-Year Term Loan (Details) - USD ($)	Feb. 09, 2021	Nov. 19, 2019	Dec. 31, 2021	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019	Oct. 15, 2021
Debt Instrument
Aggregate principal amount of debt			$ 1,232,300,000	$ 1,232,300,000	$ 1,600,200,000
Unamortized deferred financing costs			15,400,000	15,400,000	4,700,000
Unamortized original issue discount			121,000,000	121,000,000	160,300,000
Cash paid for interest				103,879,000	218,110,000	$ 40,208,000
Loss on early extinguishment of debt				48,708,000	43,760,000	$ 6,058,000
Senior Secured Term Loan
Debt Instrument
Interest expense				72,800,000
Cash paid for interest			$ 72,800,000
Amortization of original issue cost				10,700,000
Amortization of debt issuance costs				2,600,000
Loss on early extinguishment of debt				47,900,000
Write off of discount and deferred debt issuance cost				10,000,000
Five Year Term Loan | Senior Secured Term Loan
Debt Instrument
Senior-secured term loan (in years)	5 years
Unamortized deferred financing costs							$ 7,000,000
Unamortized original issue discount	$ 20,900,000						$ 25,200,000
Capitalized third party fees	$ 13,000,000
Third party fees				10,900,000
Write off of discount and deferred debt issuance cost				20,700,000
Five Year Term Loan | Senior Secured Term Loan | LIBOR
Debt Instrument
Variable rate (percent)	7.00%
Five Year Term Loan | Senior Secured Term Loan | Base Rate
Debt Instrument
Variable rate (percent)	6.00%
Acquisition Term Loan | Senior Secured Term Loan
Debt Instrument
Senior-secured term loan (in years)		5 years
Aggregate principal amount of debt	$ 1,043,000,000
Accrued interest payable	13,300,000
Unamortized deferred financing costs	1,500,000				2,400,000
Unamortized original issue discount	$ 34,700,000				$ 54,000,000
Write off of discount and deferred debt issuance cost				$ 17,200,000

Debt - Senior Secured Notes due

Debt - Senior Secured Notes due 2026 (Details) - USD ($) $ in Millions	Oct. 15, 2021	Feb. 09, 2021	Dec. 31, 2021	Dec. 31, 2020
Line of Credit Facility
Unamortized deferred financing costs			$ 15.4	$ 4.7
Debt issuance costs, noncurrent, net			15.4	4.7
Debt instrument, unamortized discount, noncurrent			121	$ 160.3
Senior Secured Term Loan
Line of Credit Facility
Amortization of debt issuance costs			2.6
Interest expense			72.8
2026 Senior Notes | Senior Notes
Line of Credit Facility
Unamortized deferred financing costs	$ 7.2
Debt instrument (term)	5 years
Debt issuance costs, noncurrent, net	$ 4
Debt instrument, unamortized discount, noncurrent	$ 14.3
Amortization of debt issuance costs			0.5
Amortization of the discount			0.6
Interest expense			$ 5.1
Effective interest rate			7.30%
2026 Senior Notes | Senior Notes | Period One
Line of Credit Facility
Redemption price	40.00%
Redemption rate	101.00%
2026 Senior Notes | Senior Notes | Period Two
Line of Credit Facility
Redemption price	10.00%
Redemption rate	103.00%
2026 Senior Notes | Senior Secured Term Loan
Line of Credit Facility
Unamortized deferred financing costs			$ 10.7
Five Year Term Loan | Senior Secured Term Loan
Line of Credit Facility
Unamortized deferred financing costs	$ 7
Senior-secured term loan (in years)		5 years

Debt - Senior Secured Convertib

Debt - Senior Secured Convertible Notes due 2027 (Details) $ / shares in Units, shares in Millions	Feb. 09, 2021USD ($)	Nov. 17, 2020USD ($)	Nov. 30, 2021USD ($)$ / sharesshares	Dec. 31, 2021USD ($)	Dec. 31, 2020USD ($)	Dec. 31, 2019USD ($)	Oct. 15, 2021USD ($)	Feb. 26, 2021USD ($)
Debt Instrument
Long-term debt				$ 769,446,000	$ 890,323,000
Equity component - 2027 Notes				279,557,000
Loss on convertible notes derivative				126,600,000	74,329,000	$ 0
Unamortized deferred financing costs				15,400,000	4,700,000
Repayments of convertible debt				15,012,000	0	197,950,000
Loss on early extinguishment of debt				48,708,000	$ 43,760,000	$ 6,058,000
Additional paid-in capital
Debt Instrument
Equity component - 2027 Notes				279,557,000
Discount rate
Debt Instrument
Debt instrument, measurement input					0.093			0.122
Convertible Debt | 2027 Notes
Debt Instrument
Long-term debt		$ 497,100,000		$ 390,100,000	$ 578,100,000
Stated interest rate		6.00%
Percentage of notes initially convertible to common stock		42.00%		41.00%
Minimum qualified cash required				$ 30,000,000
Fair value of embedded derivative liability		$ 115,300,000			189,600,000			$ 316,200,000
Debt fair value		389,100,000
Loss on convertible notes derivative				126,600,000
Unamortized deferred financing costs		$ 2,300,000		2,000,000	$ 2,300,000
Debt instrument (term)		7 years
Amortization of the discount			$ 2,300,000	10,900,000
Amortization of debt issuance costs				200,000
Interest expense				$ 29,800,000
Effective interest rate				10.50%
Debt instrument, share conversion rate (per $1,000)		20.00%
Face amount			11,800,000
Repayments of convertible debt			15,300,000
Loss on early extinguishment of debt			800,000
Reduction in additional paid-in capital			$ 4,200,000
Convertible Debt | 2027 Notes | Scenario, Plan
Debt Instrument
Stated conversion price (in usd per share) | $ / shares			$ 5
Initial conversion rate (in shares) | shares			97.1
Convertible Debt | 2027 Notes | Discount rate
Debt Instrument
Debt instrument, measurement input		0.107
Convertible Debt | 2027 Notes | Period One
Debt Instrument
Redemption rate		110.00%
Maximum repurchase amount		$ 100,000,000
Total gross leverage ratio		1.5
Convertible Debt | 2027 Notes | Period Two
Debt Instrument
Redemption rate		130.00%
Maximum repurchase amount		$ 99,400,000
Redemption period (term)		4 years
Senior Secured Term Loan
Debt Instrument
Amortization of debt issuance costs				$ 2,600,000
Interest expense				72,800,000
Loss on early extinguishment of debt				$ 47,900,000
Senior Secured Term Loan | Five Year Term Loan
Debt Instrument
Long-term debt	$ 1,045,000,000
Senior-secured term loan (in years)	5 years
Unamortized deferred financing costs							$ 7,000,000

Debt - Fair Value Assumptions (

Debt - Fair Value Assumptions (Details)	Feb. 26, 2021$ / shares	Dec. 31, 2020$ / shares
Debt Instrument
Stock price (usd per share)	$ 4.95	$ 3.36
Annual volatility
Debt Instrument
Debt instrument, measurement input	0.700	0.700
Discount rate
Debt Instrument
Debt instrument, measurement input	0.122	0.093

Debt - Senior Convertible Notes

Debt - Senior Convertible Notes due 2024 (Details) - USD ($) $ in Thousands	Dec. 31, 2021	Dec. 31, 2020
Debt Instrument
Long-term debt	$ 769,446	$ 890,323
2024 Notes | Convertible Debt
Debt Instrument
Long-term debt	$ 3,300	$ 3,300
Stated interest rate	4.75%
Effective interest rate	6.05%

Debt - Future Debt Obligation P

Debt - Future Debt Obligation Payments (Details) $ in Thousands	Dec. 31, 2021USD ($)
Principal payments
2022	$ 69,500
2023	51,600
2024	54,900
2025	51,600
2026	655,805
Thereafter	485,286
Total debt obligations	$ 1,368,691

Pensions and other postretire_3

Pensions and other postretirement benefit plans - Narrative (Detail) $ in Thousands	12 Months Ended
	Dec. 31, 2021USD ($)plan	Dec. 31, 2020USD ($)	Dec. 31, 2019USD ($)
Defined Benefit Plans and Other Postretirement Benefit Plans
Accumulated pension benefit obligations	$ 3,000,000	$ 3,200,000
Net periodic expense (benefit)	93,200	69,400	$ 8,100
Employee retirement income security act contributions deferred	$ 11,000
Number of multiemployer pension plans | plan	6
Other current and non-current liabilities, withdrawal liabilities for multi-employer pension plans	$ 39,600
Penalties amortization period	17 years 2 months 12 days
Compensation expense related to 401(k) contributions	$ 8,200	16,000	4,900
Pension benefits
Defined Benefit Plans and Other Postretirement Benefit Plans
Net periodic expense (benefit)	(94,963)	(71,781)	(8,433)
Employer contributions	52,161	41,018
Employer contributions expected to be paid during the next fiscal year	29,500
Other Postretirement Benefits Plan
Defined Benefit Plans and Other Postretirement Benefit Plans
Employer contributions	5,500
Postretirement benefits
Defined Benefit Plans and Other Postretirement Benefit Plans
Net periodic expense (benefit)	1,759	2,355	$ 364
Employer contributions	5,459	$ 7,078
Employer contributions expected to be paid during the next fiscal year	$ 29,500
Gannett Retirement Plan
Defined Benefit Plans and Other Postretirement Benefit Plans
Maximum annual contributions per employee, percent	75.00%
First 4% of employee contributions | Gannett Retirement Plan
Defined Benefit Plans and Other Postretirement Benefit Plans
Employer matching contribution, percent of match	100.00%
Contributions per employee subject to employer match (as a percent)	4.00%
Next 2% of employee contributions | Gannett Retirement Plan
Defined Benefit Plans and Other Postretirement Benefit Plans
Employer matching contribution, percent of match	50.00%
Contributions per employee subject to employer match (as a percent)	2.00%

Pensions and other postretire_4

Pensions and other postretirement benefit plans - Reconciliation of Benefit Obligations, Plan Assets and Funded Status (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Change in plan assets
Fair value of plan assets at beginning of period	$ 3,227,878
Fair value of plan assets at end of period	3,221,820	$ 3,227,878
Pension benefits
Change in benefit obligations
Projected benefit obligation at beginning of period	3,161,146	2,973,182
Service cost	2,064	2,618	$ 999
Interest cost	68,139	82,581	12,408
Change in prior service cost	0	1,905
Actuarial (gain) loss	(41,239)	257,110
Foreign currency translation	(7,182)	38,003
Benefits and expenses paid	(179,604)	(187,014)
Settlements	0	(6,336)
Administrative expenses	0	(903)
Projected benefit obligation at end of period	3,003,324	3,161,146	2,973,182
Change in plan assets
Fair value of plan assets at beginning of period	3,225,372	2,856,296
Actual return on plan assets	130,026	481,311
Employer contributions	52,161	41,018
Settlements	0	(6,322)
Benefits paid	(179,604)	(187,014)
Administrative expenses	0	(903)
Foreign currency translation	(9,002)	40,986
Fair value of plan assets at end of period	3,218,953	3,225,372	2,856,296
Reconciliation of funded status
Funded status at end of period	215,629	64,226
Unrecognized actuarial (gain) loss	(75,280)	(69,640)
Unrecognized prior service cost	1,894	1,905
Net prepaid (accrued) benefit cost	142,243	(3,509)
Balance sheet presentation
Other assets	229,585	95,180
Accounts payable and accrued liabilities	332	332
Pension and other postretirement benefit obligations	13,624	30,622
Accumulated other comprehensive (loss) income	73,386	67,735
Net prepaid (accrued) benefit cost	142,243	(3,509)
Postretirement benefits
Change in benefit obligations
Projected benefit obligation at beginning of period	75,586	73,667
Service cost	89	105	17
Interest cost	1,758	2,315	419
Change in prior service cost	0	0
Actuarial (gain) loss	(7,936)	6,648
Foreign currency translation	0	0
Benefits and expenses paid	(5,459)	(7,149)
Settlements	0	0
Administrative expenses	0	0
Projected benefit obligation at end of period	64,038	75,586	73,667
Change in plan assets
Fair value of plan assets at beginning of period	0	0
Actual return on plan assets	0	0
Employer contributions	5,459	7,078
Settlements	0	0
Benefits paid	(5,459)	(7,078)
Administrative expenses	0	0
Foreign currency translation	0	0
Fair value of plan assets at end of period	0	0	$ 0
Reconciliation of funded status
Funded status at end of period	(64,038)	(75,586)
Unrecognized actuarial (gain) loss	(2,652)	5,195
Unrecognized prior service cost	0	0
Net prepaid (accrued) benefit cost	(66,690)	(70,391)
Balance sheet presentation
Other assets	0	0
Accounts payable and accrued liabilities	5,725	6,443
Pension and other postretirement benefit obligations	58,313	69,143
Accumulated other comprehensive (loss) income	2,652	(5,195)
Net prepaid (accrued) benefit cost	$ (66,690)	$ (70,391)

Pensions and other postretire_5

Pensions and other postretirement benefit plans - Retirement Plans (Details) - Pension benefits - USD ($) $ in Thousands	Dec. 31, 2021	Dec. 31, 2020
Funded plans
Defined Benefit Plans and Other Postretirement Benefit Plans
Projected benefit obligation	$ 2,927,968	$ 2,957,432
Accumulated benefit obligation	2,925,870	2,956,973
Fair value of plan assets	3,157,553	3,052,612
Underfunded plans
Defined Benefit Plans and Other Postretirement Benefit Plans
Projected benefit obligation	75,356	203,714
Accumulated benefit obligation	75,356	201,755
Fair value of plan assets	$ 61,400	$ 172,760

Pensions and other postretire_6

Pensions and other postretirement benefit plans - Pension Costs (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Non-operating expenses:
Total non-operating (benefit) expense	$ (95,357)	$ (72,149)	$ (9,085)
Total (benefit) expense for retirement plans	93,200	69,400	8,100
Other changes in plan assets and benefit obligations recognized in Other comprehensive income:
Net actuarial loss (gain)	(13,811)	(60,471)	(12,534)
Amortization of net actuarial gain (loss)	(64)	(37)	(86)
Change in prior service cost	0	1,905	0
(Gain) loss recognized in Other comprehensive income	(13,488)	(56,495)	(12,925)
Pension benefits
Operating expenses:
Service cost - benefits earned during the period	2,064	2,618	999
Non-operating expenses:
Interest cost on benefit obligations	68,139	82,581	12,408
Expected return on plan assets	(165,390)	(157,082)	(22,303)
Amortization of actuarial loss (gain)	152	102	158
Other adjustment	72	0	305
Total non-operating (benefit) expense	(97,027)	(74,399)	(9,432)
Total (benefit) expense for retirement plans	(94,963)	(71,781)	(8,433)
Other changes in plan assets and benefit obligations recognized in Other comprehensive income:
Net actuarial loss (gain)	(5,875)	(67,119)	(12,050)
Amortization of net actuarial gain (loss)	(152)	(102)	(158)
Change in prior service cost	0	1,905	0
Other adjustment	387	2,108	(305)
(Gain) loss recognized in Other comprehensive income	(5,640)	(63,208)	(12,513)
Postretirement benefits
Operating expenses:
Service cost - benefits earned during the period	89	105	17
Non-operating expenses:
Interest cost on benefit obligations	1,758	2,315	419
Expected return on plan assets	0	0	0
Amortization of actuarial loss (gain)	(88)	(65)	(72)
Other adjustment	0	0	0
Total non-operating (benefit) expense	1,670	2,250	347
Total (benefit) expense for retirement plans	1,759	2,355	364
Other changes in plan assets and benefit obligations recognized in Other comprehensive income:
Net actuarial loss (gain)	(7,936)	6,648	(484)
Amortization of net actuarial gain (loss)	88	65	72
Change in prior service cost	0	0	0
Other adjustment	0	0	0
(Gain) loss recognized in Other comprehensive income	$ (7,848)	$ 6,713	$ (412)

Pensions and other postretire_7

Pensions and other postretirement benefit plans - Assumptions Used to Determine Defined Benefit Plans Costs (Detail)	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020
Pension benefits
Defined Benefit Plans and Other Postretirement Benefit Plans
Weighted average discount rate	2.60%	2.20%
Rate of increase in future compensation levels	2.00%	2.00%
Postretirement benefits
Defined Benefit Plans and Other Postretirement Benefit Plans
Weighted average discount rate	3.00%	2.60%
Current year medical trend	6.00%	5.50%
Ultimate year medical trend	4.50%	4.50%
Year of ultimate trend	2028	2025

Pensions and other postretire_8

Pensions and other postretirement benefit plans - Assumptions Used to Determine Pension Year-End Benefit Obligations (Detail)	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Pension benefits
Defined Benefit Plans and Other Postretirement Benefit Plans
Weighted average discount rate	2.20%	2.90%	3.10%
Rate of increase in future compensation levels	2.00%	2.00%	2.00%
Weighted average expected return on assets	5.30%	5.80%	6.10%
Postretirement benefits
Defined Benefit Plans and Other Postretirement Benefit Plans
Weighted average discount rate	2.60%	3.30%	3.30%
Current year medical trend	6.00%	6.00%	6.10%
Ultimate year medical trend	4.50%	4.50%	4.50%
Year of ultimate trend	2028	2025	2035

Pensions and other postretire_9

Pensions and other postretirement benefit plans - Asset Allocation and Target Allocations by Asset Category (Details) - Retirement Plans	Dec. 31, 2021	Dec. 31, 2020
Defined Benefit Plans and Other Postretirement Benefit Plans
Target allocation	100.00%
Allocation of plan assets	100.00%	100.00%
Equity securities
Defined Benefit Plans and Other Postretirement Benefit Plans
Target allocation	20.00%
Allocation of plan assets	21.00%	36.00%
Debt securities
Defined Benefit Plans and Other Postretirement Benefit Plans
Target allocation	65.00%
Allocation of plan assets	65.00%	50.00%
Alternative investments
Defined Benefit Plans and Other Postretirement Benefit Plans
Target allocation	15.00%
Allocation of plan assets	14.00%	14.00%

Pensions and other postretir_10

Pensions and other postretirement benefit plans - Estimated Benefit Payments (Detail) $ in Thousands	Dec. 31, 2021USD ($)
Pension benefits
Defined Benefit Plans and Other Postretirement Benefit Plans
2022	$ 195,014
2023	190,610
2024	188,805
2025	187,365
2026	183,336
Thereafter	806,672
Postretirement benefits
Defined Benefit Plans and Other Postretirement Benefit Plans
2022	5,809
2023	5,538
2024	5,286
2025	5,016
2026	4,736
Thereafter	$ 20,016

Pensions and other postretir_11

Pensions and other postretirement benefit plans - Multi-Employer Pension Plans (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Defined Benefit Plans and Other Postretirement Benefit Plans
Contributions	$ 1,789	$ 2,024	$ 313
CWA/ITU Negotiated Pension Plan
Defined Benefit Plans and Other Postretirement Benefit Plans
Contributions	369	393	51
GCIU—Employer Retirement Benefit Plan
Defined Benefit Plans and Other Postretirement Benefit Plans
Contributions	63	89	75
Newspaper Guild of Detroit Plan
Defined Benefit Plans and Other Postretirement Benefit Plans
Contributions	12	92	31
IAM National Pension Plan
Defined Benefit Plans and Other Postretirement Benefit Plans
Contributions	188	173	11
Teamsters Pension Trust Fund of Philadelphia and Vicinity
Defined Benefit Plans and Other Postretirement Benefit Plans
Contributions	1,098	1,218	139
Central Pension Fund of the International Union of Operating Engineers and Participating Employers
Defined Benefit Plans and Other Postretirement Benefit Plans
Contributions	$ 59	$ 59	$ 6

Fair value measurement - Narrat

Fair value measurement - Narrative (Detail) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020
Fair Value, Balance Sheet Grouping, Financial Statement Captions
Hedge funds redemption period	60 days
Hedge funds redemption potential holdback percentage	5.00%
Level 3
Fair Value, Balance Sheet Grouping, Financial Statement Captions
Unfunded commitments related to partnership/joint venture interests	$ 4	$ 6.6
Fair Value, Measurements, Nonrecurring
Fair Value, Balance Sheet Grouping, Financial Statement Captions
Assets held for sale	$ 3.5	$ 14.7

Fair value measurement - Fair V

Fair value measurement - Fair Value of Pension Plan Assets by Level within Fair Value Hierarchy (Detail) - USD ($) $ in Thousands	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis
Assets	$ 3,221,820	$ 3,227,878
Liabilities	(2,867)	(2,506)
Other liabilities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis
Liabilities	(2,867)
Derivative liabilities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis
Liabilities		(2,506)
Level 1
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis
Assets	369,968	578,284
Liabilities	(361)	0
Level 1 | Other liabilities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis
Liabilities	(361)
Level 1 | Derivative liabilities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis
Liabilities		0
Level 2
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis
Assets	2,167,711	2,069,256
Liabilities	(498)	(498)
Level 2 | Other liabilities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis
Liabilities	(498)
Level 2 | Derivative liabilities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis
Liabilities		(498)
Level 3
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis
Assets	438,236	414,570	$ 371,372
Liabilities	(2,008)	(2,008)
Level 3 | Other liabilities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis
Liabilities	(2,008)	(2,008)
Level 3 | Derivative liabilities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis
Liabilities		(2,008)	(2,008)
Total
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis
Assets	2,975,915	3,062,110
Cash and cash equivalents | Level 1
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis
Assets	21,829	14,975
Cash and cash equivalents | Level 2
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis
Assets	4,187	4,577
Cash and cash equivalents | Level 3
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis
Assets	0	0
Cash and cash equivalents | Total
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis
Assets	26,016	19,552
Corporate common stock | Level 1
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis
Assets	293,563	517,123
Corporate common stock | Level 2
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis
Assets	0	0
Corporate common stock | Level 3
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis
Assets	0	0
Corporate common stock | Total
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis
Assets	293,563	517,123
Corporate and government bonds | Level 1
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis
Assets	0
Corporate and government bonds | Level 2
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis
Assets	337,785
Corporate and government bonds | Level 3
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis
Assets	0
Corporate and government bonds | Total
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis
Assets	337,785
Real estate | Level 1
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis
Assets	0	0
Real estate | Level 2
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis
Assets	0	1,096
Real estate | Level 3
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis
Assets	150,589	125,929	99,223
Real estate | Total
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis
Assets	150,589	127,025
Real estate | Instruments measured at NAV using the practical expedient:
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis
Assets	11,856	10,581
Equities | Level 1
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis
Assets	30,633
Equities | Level 2
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis
Assets	403,025
Equities | Level 3
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis
Assets	0
Equities | Total
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis
Assets	433,658
Equities | Instruments measured at NAV using the practical expedient:
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis
Assets	87,221	48,632
Fixed income | Level 1
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis
Assets	23,943
Fixed income | Level 2
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis
Assets	1,347,233
Fixed income | Level 3
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis
Assets	0
Fixed income | Total
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis
Assets	1,371,176
Fixed income | Instruments measured at NAV using the practical expedient:
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis
Assets	93,819	53,178
Equities | Level 1
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis
Assets		19,398
Equities | Level 2
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis
Assets		559,190
Equities | Level 3
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis
Assets		0
Equities | Total
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis
Assets		578,588
Fixed income | Level 1
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis
Assets		23,481
Fixed income | Level 2
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis
Assets		1,427,963
Fixed income | Level 3
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis
Assets		0
Fixed income | Total
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis
Assets		1,451,444
Interest in 103-12 investment entities | Level 1
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis
Assets	0	0
Interest in 103-12 investment entities | Level 2
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis
Assets	75,481	76,430
Interest in 103-12 investment entities | Level 3
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis
Assets	0	0
Interest in 103-12 investment entities | Total
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis
Assets	75,481	76,430
Partnership/joint venture interests | Level 1
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis
Assets	0	0
Partnership/joint venture interests | Level 2
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis
Assets	0	0
Partnership/joint venture interests | Level 3
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis
Assets	186,817	174,789	149,018
Partnership/joint venture interests | Total
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis
Assets	186,817	174,789
Partnership/joint venture interests | Instruments measured at NAV using the practical expedient:
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis
Instruments measured at net asset value using the practical expedient	53,009	53,377
Hedge funds | Level 1
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis
Assets	0	0
Hedge funds | Level 2
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis
Assets	0	0
Hedge funds | Level 3
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis
Assets	100,828	113,850	123,126
Hedge funds | Total
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis
Assets	100,828	113,850
Other assets | Level 1
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis
Assets	0
Other assets | Level 2
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis
Assets	0
Other assets | Level 3
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis
Assets	2	2
Other assets | Total
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis
Assets	$ 2
Derivative contracts | Level 1
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis
Assets		3,307
Derivative contracts | Level 2
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis
Assets		0
Derivative contracts | Level 3
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis
Assets		2	$ 5
Derivative contracts | Total
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis
Assets		$ 3,309

Fair value measurement - Summar

Fair value measurement - Summary of Changes in Fair Value of Pension Plan Assets and Liabilities Categorized as Level 3 (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020
Fair Value, Assets (Liabilities) Measured on Recurring Basis, Unobservable Input Reconciliation
Fair value of plan assets at beginning of period	$ 3,227,878
Fair value of plan assets at end of period	3,221,820	$ 3,227,878
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation
Fair value of plan liabilities at beginning of year	2,506
Fair value of plan liabilities at end of year	2,867	2,506
Level 3
Fair Value, Assets (Liabilities) Measured on Recurring Basis, Unobservable Input Reconciliation
Fair value of plan assets at beginning of period	414,570	371,372
Relating to assets still held at report date	32,459	11,122
Relating to assets sold during the period	0	0
Purchases	45,046	78,693
Sales	(28,635)	(31,617)
Settlements	(25,204)	(15,000)
Fair value of plan assets at end of period	438,236	414,570
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation
Fair value of plan liabilities at beginning of year	2,008
Fair value of plan liabilities at end of year	2,008	2,008
Other liabilities
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation
Fair value of plan liabilities at end of year	2,867
Other liabilities | Level 3
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation
Fair value of plan liabilities at beginning of year	2,008
Relating to assets still held at report date	0
Relating to assets sold during the period	0
Purchases	0
Sales	0
Settlements	0
Fair value of plan liabilities at end of year	2,008	2,008
Derivative liabilities
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation
Fair value of plan liabilities at beginning of year	2,506
Fair value of plan liabilities at end of year		2,506
Derivative liabilities | Level 3
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation
Fair value of plan liabilities at beginning of year	2,008	2,008
Relating to assets still held at report date		0
Relating to assets sold during the period		0
Purchases		0
Sales		0
Settlements		0
Fair value of plan liabilities at end of year		2,008
Real estate | Level 3
Fair Value, Assets (Liabilities) Measured on Recurring Basis, Unobservable Input Reconciliation
Fair value of plan assets at beginning of period	125,929	99,223
Relating to assets still held at report date	17,874	2,556
Relating to assets sold during the period	0	0
Purchases	9,082	24,150
Sales	(2,296)	0
Settlements	0	0
Fair value of plan assets at end of period	150,589	125,929
Partnership/joint venture interests | Level 3
Fair Value, Assets (Liabilities) Measured on Recurring Basis, Unobservable Input Reconciliation
Fair value of plan assets at beginning of period	174,789	149,018
Relating to assets still held at report date	7,607	2,845
Relating to assets sold during the period	0	0
Purchases	35,964	54,543
Sales	(26,339)	(31,617)
Settlements	(5,204)	0
Fair value of plan assets at end of period	186,817	174,789
Hedge funds | Level 3
Fair Value, Assets (Liabilities) Measured on Recurring Basis, Unobservable Input Reconciliation
Fair value of plan assets at beginning of period	113,850	123,126
Relating to assets still held at report date	6,978	5,724
Relating to assets sold during the period	0	0
Purchases	0	0
Sales	0	0
Settlements	(20,000)	(15,000)
Fair value of plan assets at end of period	100,828	113,850
Other assets | Level 3
Fair Value, Assets (Liabilities) Measured on Recurring Basis, Unobservable Input Reconciliation
Fair value of plan assets at beginning of period	2
Relating to assets still held at report date	0
Relating to assets sold during the period	0
Purchases	0
Sales	0
Settlements	0
Fair value of plan assets at end of period	2	2
Derivative contracts | Level 3
Fair Value, Assets (Liabilities) Measured on Recurring Basis, Unobservable Input Reconciliation
Fair value of plan assets at beginning of period	$ 2	5
Relating to assets still held at report date		(3)
Relating to assets sold during the period		0
Purchases		0
Sales		0
Settlements		0
Fair value of plan assets at end of period		$ 2

Income taxes - Components of In

Income taxes - Components of Income (Loss) from Continuing Operations Attributable to Gannett Co., Inc. Before Income Taxes (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Income Tax Disclosure [Abstract]
Domestic	$ (152,796)	$ (646,795)	$ (206,270)
Foreign	64,875	(59,052)	(914)
Loss before income taxes	$ (87,921)	$ (705,847)	$ (207,184)

Income taxes - Provision (Benef

Income taxes - Provision (Benefit) for Income Taxes on Income from Continuing Operations (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Current:
Federal	$ 579	$ (6,896)	$ 113
State and local	1,180	1,877	1,725
Foreign	1,521	1,744	(68)
Total current	3,280	(3,275)	1,770
Deferred:
Federal	27,842	(20,832)	(85,144)
State and local	1,663	(12,064)	(2,833)
Foreign	15,465	2,721	213
Total deferred	44,970	(30,175)	(87,764)
Provision (benefit) for income taxes	$ 48,250	$ (33,450)	$ (85,994)

Income taxes - Reconciliation o

Income taxes - Reconciliation of Effective Tax Rate (Details)	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Income Tax Disclosure [Abstract]
Federal statutory tax rate	21.00%	21.00%	21.00%
(Increase) decrease in taxes resulting from:
State and local income taxes, net of federal benefit	(3.00%)	1.40%	0.70%
Debt refinancing	(30.20%)	(2.50%)	0.00%
Change in valuation allowance	(40.60%)	(9.20%)	22.60%
Non-deductible meals, entertainment, and other expenses	(2.30%)	(0.30%)	(0.80%)
Capital loss carryforward	(1.60%)	0.00%	0.00%
PPP Loan forgiveness	3.80%	0.00%	0.00%
Global intangible low-taxed income	(5.80%)	0.00%	0.00%
Branch income	1.60%	0.10%	0.00%
Profit on non-qualifying land and buildings	2.40%	(0.10%)	0.00%
Uncertain tax positions	(8.60%)	(1.00%)	(0.40%)
Deduction for interest expense	8.40%	0.90%	0.40%
Transaction costs	0.00%	(0.10%)	(2.00%)
Goodwill Impairment	0.00%	(5.50%)	0.00%
Effective tax rate		4.70%	41.50%

Income taxes - Deferred Tax Lia

Income taxes - Deferred Tax Liabilities and Assets (Detail) - USD ($) $ in Thousands	Dec. 31, 2021	Dec. 31, 2020
Deferred tax liabilities:
Fixed Assets	$ (16,350)	$ (31,439)
Right of use asset	(80,033)	(82,275)
Convertible debt	(27,567)	(27,674)
Pension and other postretirement benefit obligations	(24,900)	0
Definite and indefinite lived intangible assets	(50,738)	(62,666)
Total deferred tax liabilities	(199,588)	(204,054)
Deferred tax assets:
Accrued compensation costs	12,796	33,325
Accrued liabilities	15,760	18,341
Disallowed interest	83,370	56,527
Goodwill	12,624	27,182
Pension and other postretirement benefit obligations	0	21,525
Partnership investments including impairments	301	3,837
Loss carryforwards	255,874	233,049
Lease liabilities	72,728	82,369
Derivative liability	0	32,534
Other	24,065	29,286
Total deferred tax assets	477,518	537,975
Less: Valuation allowance	(274,343)	(250,536)
Total net deferred tax assets	203,175	287,439
Noncurrent net deferred tax assets (liabilities)	$ 3,587	$ 83,385

Income taxes - Narrative (Detai

Income taxes - Narrative (Detail) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020
Income Tax Disclosure [Abstract]
Valuation allowance increase	$ 23.4	$ 90
Operating loss carryforwards	613.4
Disallowed business interest expense carryforwards	334.2
State net operating loss carryforwards	1,079
Foreign net operating loss carryforwards	241.3
General business tax credit	6
Foreign tax credits	0.3
State credits	5.2
Capital loss carryforwards	54.7
Uncertain tax positions	45
Interest and penalties included in uncertain tax position accrual	$ 3.7	$ 2.6

Income taxes - Summary of Valua

Income taxes - Summary of Valuation Allowance (Details) - Valuation Allowance of Deferred Tax Assets $ in Thousands	12 Months Ended
	Dec. 31, 2021USD ($)
SEC Schedule, 12-09, Movement in Valuation Allowances and Reserves
Balance at beginning of period	$ 250,536
Additions/(reductions) charged to expenses	23,438
Additions/(reductions) for acquisitions/dispositions	0
Other additions to (deductions from) reserves	0
Foreign currency translation	369
Balance at end of period	$ 274,343

Income taxes - Summary of Activ

Income taxes - Summary of Activity Related to Unrecognized Tax Benefits, Excluding Federal Tax Benefit of State Tax Deductions (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Reconciliation of Unrecognized Tax Benefits, Excluding Amounts Pertaining to Examined Tax Returns
Balance at beginning of year	$ 40,885	$ 34,074	$ 1,190
Additions based on tax positions related to the current year	6,574	6,617	658
Additions for tax positions of prior years	607	1,611	0
Reductions for tax positions of prior years	(1,984)	(1,417)	(352)
Increase due to current year business acquisitions	0	0	32,578
Balance at end of year	$ 46,082	$ 40,885	$ 34,074

Supplemental equity informati_3

Supplemental equity information - Earnings (Loss) Per Share (Basic and Diluted) (Detail) - USD ($) shares in Thousands, $ in Thousands	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Equity [Abstract]
Net loss attributable to Gannett	$ (134,962)	$ (670,479)	$ (119,842)
Basic weighted average shares outstanding (in shares)	134,783	131,742	67,671
Diluted weighted average shares outstanding (in shares)	134,783	131,742	67,671

Supplemental equity informati_4

Supplemental equity information - Computation of Diluted Income Per Share (Detail) - shares shares in Thousands	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Warrants
Share-based Compensation Arrangement by Share-based Payment Award
Computation of diluted income per share (in shares)	845	845	1,362
Stock options
Share-based Compensation Arrangement by Share-based Payment Award
Computation of diluted income per share (in shares)	6,068	6,068	2,905
Restricted stock grants
Share-based Compensation Arrangement by Share-based Payment Award
Computation of diluted income per share (in shares)	9,854	7,694	9,494
2027 Notes
Share-based Compensation Arrangement by Share-based Payment Award
Computation of diluted income per share (in shares)	98,168	27,482	0

Supplemental equity informati_5

Supplemental equity information - Narrative (Detail) $ / shares in Units, $ in Millions	12 Months Ended
	Dec. 31, 2021USD ($)shares$ / shares	Dec. 31, 2020USD ($)	Dec. 31, 2019USD ($)
Stockholders Equity Note
Share-based compensation cost | $	$ 18.4	$ 26.4	$ 11.3
Unrecognized compensation cost related to non-vested share-based compensation | $	$ 24.8
Unrecognized compensation recognition period	2 years
Number of stock options (in shares) | shares	6,068,000
Exercisable at year end (in shares) | shares	5,541,000
Weighted average grant date fair value (in dollars per shares) | $ / shares	$ 1.78
Weighted average exercise price (in dollars per share) | $ / shares	$ 13.97
Remaining contractual term (in years)	6 years 2 months 12 days
2027 Notes | Convertible Debt
Stockholders Equity Note
Aggregate shares receivable upon conversion (shares) | shares	287,200,000
2027 Notes and restricted stock grants (in shares) | shares	190,100,000
RSA
Stockholders Equity Note
Vesting period (years)	3 years
RSUs
Stockholders Equity Note
Vesting period (years)	3 years
Restricted Stock Grants (RSGs)
Stockholders Equity Note
Aggregate intrinsic value of unvested | $	$ 37
RSU's & PSU's
Stockholders Equity Note
Aggregate intrinsic value of unvested | $	$ 15.5

Supplemental equity informati_6

Supplemental equity information - RSU's; PSU's; and Restricted Stock Grants (Details) - $ / shares	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
RSA
Unvested Shares
Outstanding and Unvested at beginning of year (in shares)	5,181,000	317,000	384,000
Granted (in shares)	4,100,000	6,781,000	301,000
Vested (in shares)	(1,956,000)	(1,280,000)	(274,000)
Forfeited (in shares)	(376,000)	(637,000)	(94,000)
Outstanding and Unvested at end of year (in shares)	6,949,000	5,181,000	317,000
Weighted- average grant date fair value
Outstanding and Unvested at beginning (in dollars per shares)	$ 3.39	$ 14.61	$ 16.11
Granted (in dollars per share)	5.29	3.35	13.62
Vested (in dollars per shares)	3.80	5.72	15.45
Forfeited (in dollars per share)	4.76	3.90	15.12
Outstanding and Unvested at end of year (in dollars per shares)	$ 4.32	$ 3.39	$ 14.61
RSU's & PSU's
Unvested Shares
Outstanding and Unvested at beginning of year (in shares)	2,513,000	7,368,000	0
Granted (in shares)	2,000,000	282,000	10,466,000
Vested (in shares)	(1,576,000)	(4,713,000)	(3,081,000)
Forfeited (in shares)	(32,000)	(424,000)	(17,000)
Outstanding and Unvested at end of year (in shares)	2,905,000	2,513,000	7,368,000
Weighted- average grant date fair value
Outstanding and Unvested at beginning (in dollars per shares)	$ 6.28	$ 6.28	$ 0
Granted (in dollars per share)	3.04	0.90	6.28
Vested (in dollars per shares)	6.28	6.27	6.28
Forfeited (in dollars per share)	6.28	2.81	6.28
Outstanding and Unvested at end of year (in dollars per shares)	$ 4.05	$ 6.28	$ 6.28

Supplemental equity informati_7

Supplemental equity information - Rights Agreement (Details) - USD ($) $ in Millions	Dec. 31, 2021	Apr. 06, 2020
Class of Stock
Operating loss carryforwards	$ 613.4
Rights agreement, percent of common stock owned required for exercise		4.99%
Rights agreement, additional percent of common stock owned required for exercise		0.50%
Exercise percent discount		50.00%
Preferred Stock
Class of Stock
Rights agreement, dividend declared (in shares)		1
Common stock
Class of Stock
Number of shares that may be exchanged per right (in shares)		1

Supplemental equity informati_8

Supplemental equity information - Preferred Stock (Details) - $ / shares	Dec. 31, 2021	Dec. 31, 2020
Class of Stock
Preferred stock authorized (in shares)	300,000	300,000
Preferred stock, par value (in dollars per share)	$ 0.01	$ 0.01
Preferred stock, outstanding (in shares)	0	0
Preferred stock, issued (in shares)	0
Series A Junior Participating Preferred Stock
Class of Stock
Preferred stock, outstanding (in shares)	0
Preferred stock, issued (in shares)	150,000	150,000

Supplemental equity informati_9

Supplemental equity information - Accumulated Other Comprehensive Income (Loss) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Accumulated Other Comprehensive Income (Loss), Net of Tax
Beginning Balance	$ 364,109
Ending Balance	532,100	$ 364,109
Amounts reclassified from accumulated other comprehensive income	20	10
Pension and postretirement benefit plans
Accumulated Other Comprehensive Income (Loss), Net of Tax
Beginning Balance	40,441	936	$ (6,881)
Other comprehensive income (loss) before reclassifications	10,382	39,479	7,731
Amounts reclassified from accumulated other comprehensive income	47	26	86
Net current period other comprehensive income (loss), net of taxes	10,429	39,505	7,817
Ending Balance	50,870	40,441	936
Foreign currency translation
Accumulated Other Comprehensive Income (Loss), Net of Tax
Beginning Balance	9,732	7,266	0
Other comprehensive income (loss) before reclassifications	(604)	2,466	7,266
Amounts reclassified from accumulated other comprehensive income	0	0	0
Net current period other comprehensive income (loss), net of taxes	(604)	2,466	7,266
Ending Balance	9,128	9,732	7,266
Total
Accumulated Other Comprehensive Income (Loss), Net of Tax
Beginning Balance	50,173	8,202	(6,881)
Other comprehensive income (loss) before reclassifications	9,778	41,945	14,997
Amounts reclassified from accumulated other comprehensive income	47	26	86
Net current period other comprehensive income (loss), net of taxes	9,825	41,971	15,083
Ending Balance	$ 59,998	$ 50,173	$ 8,202

Commitments, contingencies an_2

Commitments, contingencies and other matters (Detail) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020
Commitments and Contingencies Disclosure
Self insurance liabilities	$ 55.4	$ 43.1
Printing Contracts and Others
Commitments and Contingencies Disclosure
Purchase commitments under contract	$ 559

Segment reporting - Narrative (

Segment reporting - Narrative (Details)	12 Months Ended
	Dec. 31, 2021segment
Segment Reporting Information
Number of operating segments	2
Publishing
Segment Reporting Information
Number of operating segments	2

Segment reporting (Details)

Segment reporting (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Segment Reporting Information
Total revenues	$ 3,208,083	$ 3,405,670	$ 1,867,909
Adjusted EBITDA (non-GAAP basis)	$ 433,712	$ 413,895	$ 223,871
Adjusted EBITDA margin (non-GAAP basis) (percent)	13.50%	12.20%	12.00%
Advertising and marketing services
Segment Reporting Information
Total revenues	$ 1,651,161	$ 1,710,244	$ 952,644
Circulation
Segment Reporting Information
Total revenues	1,249,674	1,391,996	704,842
Other
Segment Reporting Information
Total revenues	307,248	303,430	210,423
Operating Segments | Publishing
Segment Reporting Information
Total revenues	2,886,735	3,080,447	1,792,652
Adjusted EBITDA (non-GAAP basis)	$ 433,973	$ 459,195	$ 268,916
Adjusted EBITDA margin (non-GAAP basis) (percent)	15.00%	14.90%	15.00%
Operating Segments | Publishing | Advertising and marketing services
Segment Reporting Information
Total revenues	$ 1,207,881	$ 1,295,158	$ 819,046
Operating Segments | Publishing | Circulation
Segment Reporting Information
Total revenues	1,249,669	1,391,983	704,811
Operating Segments | Publishing | Other
Segment Reporting Information
Total revenues	299,863	278,964	190,256
Operating Segments | Digital Marketing Solutions
Segment Reporting Information
Total revenues	442,299	428,605	149,242
Adjusted EBITDA (non-GAAP basis)	$ 50,960	$ 24,361	(3,279)
Adjusted EBITDA margin (non-GAAP basis) (percent)	11.50%	5.70%
Operating Segments | Digital Marketing Solutions | Advertising and marketing services
Segment Reporting Information
Total revenues	$ 441,394	$ 411,940	131,003
Operating Segments | Digital Marketing Solutions | Circulation
Segment Reporting Information
Total revenues	0	0	0
Operating Segments | Digital Marketing Solutions | Other
Segment Reporting Information
Total revenues	905	16,665	18,239
Corporate and Other
Segment Reporting Information
Total revenues	8,371	10,960	4,554
Adjusted EBITDA (non-GAAP basis)	(51,221)	(69,661)	(41,766)
Corporate and Other | Advertising and marketing services
Segment Reporting Information
Total revenues	1,886	3,146	2,595
Corporate and Other | Circulation
Segment Reporting Information
Total revenues	5	13	31
Corporate and Other | Other
Segment Reporting Information
Total revenues	6,480	7,801	1,928
Intersegment Eliminations
Segment Reporting Information
Total revenues	(129,322)	(114,342)	(78,539)
Intersegment Eliminations | Advertising and marketing services
Segment Reporting Information
Total revenues	(129,322)	(114,342)	(78,539)
Intersegment Eliminations | Publishing | Advertising and marketing services
Segment Reporting Information
Total revenues	$ (129,322)	$ (114,342)	$ (78,539)

Segment reporting - Reconciliat

Segment reporting - Reconciliation of EBITDA to Operating Income (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Segment Reporting [Abstract]
Net loss attributable to Gannett	$ (134,962)	$ (670,479)	$ (119,842)
Provision (benefit) for income taxes	48,250	(33,450)	(85,994)
Interest expense	135,748	228,513	63,660
Loss on early extinguishment of debt	48,708	43,760	6,058
Non-operating pension income	(95,357)	(72,149)	(9,085)
Loss on convertible notes derivative	126,600	74,329	0
Depreciation and amortization	203,958	263,819	111,882
Integration and reorganization costs	49,284	145,731	52,212
Other operating expenses	20,952	11,152	60,618
Asset impairments	3,976	11,029	3,009
Goodwill and intangible impairments	0	393,446	100,743
Loss (gain) on sale or disposal of assets, net	17,208	(5,680)	4,723
Share-based compensation expense	18,439	26,350	11,324
Other items	(9,092)	(2,476)	24,563
Adjusted EBITDA (non-GAAP basis)	$ 433,712	$ 413,895	$ 223,871
Net loss attributable to Gannett margin (percent)	(4.20%)	(19.70%)	(6.40%)
Adjusted EBITDA margin (non-GAAP basis) (percent)	13.50%	12.20%	12.00%

Subsequent events (Details)

Subsequent events (Details) - USD ($)	Feb. 04, 2022	Feb. 01, 2022	Jan. 31, 2022	Dec. 31, 2021	Oct. 15, 2021	Dec. 31, 2020
Subsequent Event
Principal balance				$ 1,368,700,000		$ 1,575,600,000
Debt outstanding				1,232,300,000		1,600,200,000
Senior Secured Term Loan | New Senior Secured Term Loan
Subsequent Event
Principal balance				480,100,000	$ 516,000,000
Senior Secured Term Loan | 2026 Senior Notes
Subsequent Event
Principal balance				400,000,000	$ 400,000,000
Convertible Debt | 2027 Notes
Subsequent Event
Principal balance				485,300,000		497,100,000
Convertible Debt | 2024 Notes
Subsequent Event
Principal balance				$ 3,300,000		$ 3,300,000
Subsequent Event
Subsequent Event
Debt outstanding	$ 1,419,000,000
Subsequent Event | Share Repurchase Program
Subsequent Event
Shares authorized for repurchase, value		$ 100,000,000
Subsequent Event | Senior Secured Term Loan | Incremental Term Loans
Subsequent Event
Principal balance			$ 50,000,000
Subsequent Event | Senior Secured Term Loan | Incremental Term Loans | Share Repurchase Program
Subsequent Event
Shares authorized for repurchase, value			$ 50,000,000
Subsequent Event | Senior Secured Term Loan | New Senior Secured Term Loan
Subsequent Event
Debt outstanding	530,100,000
Subsequent Event | Senior Secured Term Loan | 2026 Senior Notes
Subsequent Event
Debt outstanding	400,000,000
Subsequent Event | Convertible Debt | 2027 Notes
Subsequent Event
Debt outstanding	485,300,000
Subsequent Event | Convertible Debt | 2024 Notes
Subsequent Event
Debt outstanding	$ 3,300,000

Uncategorized Items - gci-20211

Label	Element	Value
Accounting Standards Update [Extensible Enumeration]	us-gaap_AccountingStandardsUpdateExtensibleList	Accounting Standards Update 2016-02 [Member]