Gannett Corporation, like Time Warner and News Corp, has recently announced that it will split its print news businesses (USA Today and 80 other newspapers) from its media businesses (TV channels, Cars.com, and other internet businesses).
A split-up like this is hardly news. Companies have been splitting off and de-merging businesses for more than twenty years, and the logic is usually pretty obvious to the lay observer. Spinoffs and splits can be justified by financial modeling around the relative profitability and growth prospects of the units involved, by giving a company greater focus or by allowing it to unload units that have been a drag on growth.
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