The media industry closed the day up 0.04%. SearchMedia Holdings ( IDI), Entercom Communications Corporation ( ETM), New York Times Company ( NYT), and Crown Media Holdings Inc ( CRWN) were all winners today within the media industry with Gannett Co Inc ( GCI) being today's featured media winner. Gannett Co Inc rose 46 cents (4.9%) to $9.87 on average volume. Throughout the day, 5.1 million shares of Gannett Co Inc exchanged hands as compared to its average daily volume of 5.4 million shares. Gannett Co., Inc. operates as a media and marketing solutions company in the United States and internationally. It operates in three segments: Publishing, Digital, and Broadcasting. The Publishing segment publishes 83 U.S. Gannett Co Inc has a market cap of $2.4 billion and is part of the services sector. The company has a P/E ratio of 4.6, above the average media industry P/E ratio of 4.4 and below the S&P 500 P/E ratio of 17.7. Shares are down 35.2% year to date as of the close of trading on Wednesday. TheStreet Ratings rates Gannett Co as a hold. The company's strengths can be seen in multiple areas, such as its good cash flow from operations and expanding profit margins. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, a generally disappointing performance in the stock itself and feeble growth in the company's earnings per share.