Guy Gannett Communications was a family-owned business consisting of newspapers in Maine and a handful of television stations in the eastern United States.
[2] On February 1, 1991, succumbing to industry-wide declines in revenues at afternoon newspapers, Guy Gannett Communications closed the Evening Express and merged it with the Portland Press Herald.
Frank Blethen, the Seattle Times publisher, agreed: "One of our key phrases is that we make money to print newspapers, not the other way around," he said.
[6] A week after the Blethen sale, Guy Gannett unloaded most of its television stations in a US$310 million deal with Sinclair Broadcast Group.
[7] At the time of its sale in 1998, Guy Gannett Communications consisted of three daily newspapers in Maine, a few related publishing products, and seven television stations.