term downturns and questions about long-term prospects, interest in regional newspapers remains strong, indicative of their pre-eminent position as the main media and advertising outlet in many smaller towns. Some analysts have said that Northcliffe may be particularly attractive to Gannett, the biggest U.S. newspaper publisher, which has a major presence in the UK through its Newsquest division. Gannett CEO Craig Dubow said at a conference earlier this month that his company was interested in Northcliffe and had room for further acquisitions in Britain.