ShopLocal

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ShopLocal LLC
Type Subsidiary
Founded 1999
Founder(s) Brian Hand
Headquarters Chicago, Illinois, United States
Number of locations 1
Owner(s) Gannett Company

ShopLocal is the Retail division of PointRoll. It is a marketing and advertising service that builds, hosts and maintains catalogs and online weekly ads for retailers. Its partners include U.S. retailers in the circular space, including Target, Lowe's, CVS Pharmacy and Walgreens. ShopLocal SmartMedia services can then take catalogs and weekly ads and serve them up to customers via interactive, localized banner advertising that can be run anywhere on the Internet.

Ownership

The company was founded as SalesHound.com, LLC in March 1999, and was renamed CrossMedia Services, Inc. on July 30, 2001.[citation needed] In 2004, TKG Holdings, in a joint venture equally owned by Gannett Company, Knight Ridder (now owned by The McClatchy Company) and Tribune Company, acquired CrossMedia Services for US$75 million. The venture investors in Crossmedia Services were Trident Capital, Gabriel Venture Partners and River Cites Capital.[1] In 2006, adjustments were made to ownership:[2] Gannett Company (42.5%), Tribune Company (42.5%), The McClatchy Company (15%). On July 8, 2008 Gannett acquired both Tribune's 42.5 percent share for $22.3 million and McClatchy's 15 percent share for $7.9 million, making ShopLocal 100 percent owned by Gannett.[3] Gannett plans to have ShopLocal work more closely with PointRoll.[citation needed]

References

  1. ↑ http://www.gannett.com/news/pressrelease/2004/pr050604.htm
  2. ↑ http://www.gannett.com/news/pressrelease/2006/pr080106.htm
  3. ↑ http://uk.reuters.com/article/governmentFilingsNews/idUKN0826729220080708

External links

Directors:
  • Full list of directors
United States national newspapers:
Gannett Company regional daily newspapers in the United States
Gannett Company television stations in the United States
ABC network affiliates
CBS network affiliates
The CW network affiliates
Fox network affiliate
MyNetworkTV affiliates
NBC network affiliates
Independent stations
Cable news channels
  • 1 Owned by Sander Media, LLC, Gannett operates these stations through a SSA.
  • 2 Sale to Meredith Corporation pending.
  • 3 Owned by Tucker Operating Company, LLC.
Newsquest daily newspapers in the United Kingdom
Gannett Government Media newspapers and magazines
Other assets:
Investments:
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