Gannett, Generation Team To Back Captivate

By: NetNewsCheck

Gannett Co. is teaming up with private equity firm Generation Partners to fund the continued growth and expansion of the Captivate Network, the companies announced Thursday.

Captivate, which operates an IP-enabled digital place-based media network with screens in elevators across more than 1,000 office buildings in the U.S. and Canada, will be spun out into a separate company co-owned by Gannett and Generation.