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Gannett (NYSE: GCI) flagship USA Today plans to cease publishing its international edition next month, unless it can find willing partners in Europe and South America who would agree to take over operating it, AP reported. USAT has a similar arrangement in the Caribbean, where the paper offers its news and photos to partners who print it locally and sell their own ads. In return, USAT receives a licensing fee.
USAT and its parent have been scrambling in recent weeks to meet cost-cutting demands as the economic pressures that were already weighing heavily on the newspaper industry have only gotten more severe. Last week, the company said it would close the Tucson Citizen on March 21 if it can