USA TODAY Co., Inc.
For the period ended Dec 31, 2025. Filed Feb 26, 2026.
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FY2025 · Filed Feb 26, 2026
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Item 2. Properties
Our corporate headquarters are located in New York, New York, where we lease approximately 24 thousand square feet,
under a lease agreement terminating in May 2031. We also have an executive office in Pittsford, New York, where we lease
approximately 7 thousand square feet under a lease agreement terminating in December 2026.
Our USA TODAY Media facilities, which are all domestic, occupy approximately 3.9 million square feet in the aggregate,
of which approximately 3.0 million square feet are leased from third parties. Leased facilities include news bureaus, sales
offices, and distribution centers. We own some of the plants that house most aspects of the publication process but in certain
locations have outsourced printing or combined the printing of multiple publications.
Newsquest, our subsidiary headquartered in London, U.K., occupies approximately 420 thousand square feet in the U.K.
spread over 55 locations. Of this, approximately 270 thousand square feet spread over 44 locations are leased from third parties,
including three production facilities. Included in Newsquest's 11 owned premises isone production facility.
LocaliQ is headquartered in Woodland Hills, California, and has sales offices intwo states: California and Texas, which
occupy approximately 84 thousand square feet. In addition, LocaliQ leases approximately 11 thousand square feet across five
locations intwo countries: Australia and New Zealand. Excluded from the international square footage but included in location
counts are serviced office spaces.
All of our material real properties owned by our material domestic subsidiaries are mortgaged as collateral for our 2029
Term Loan Facility,2027 Notes and 2031 Notes. We believe our current facilities, including the terms and conditions of the
relevant lease agreements, are adequate to operate our businesses as currently conducted.
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