Gannett profit beats estimates as digital business soars

GannettRevenue in the digital business, which includes and, jumped 85.1 percent to $332.7 million in the first quarter ended March 29, from a year earlier. Revenue from the publishing business fell 13.9 percent to $50.5 million.

Gannett said in August that it would spin off its print operations, including USA Today, joining a host of media companies separating slower-growing publishing assets from TV and digital properties.

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