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Gannett began working with a private equity firm to fund...

Gannett began working with a private equity firm to fund the expansion of a place-based media network which will be spun off into a separate company co-owned by the two partners. Captivate Network, with 10,000 screens in Canadian and U.S.…

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office buildings, will have the “necessary capital and strategic focus to drive growth in the coming years,” said Gannett of the deal with investor Generation Partners. Gannett is expanding and investing in “higher growth core and new businesses,” that company said in a news release Thursday (http://bit.ly/1avOroh).