Lee Enterprises

Lee Enterprises Adopts Limited-Duration Shareholder Rights Plan

Retrieved on: 
Friday, March 29, 2024
Lee Enterprises, Quint, LEE, Person, Security (finance)

DAVENPORT, Iowa, March 29, 2024 (GLOBE NEWSWIRE) -- Lee Enterprises, Incorporated (NASDAQ: LEE) (“Lee” or the “Company”), today announced that its Board of Directors (the “Board”) has unanimously adopted a limited-duration shareholder rights plan (“Rights Plan”).

Key Points: 
  • DAVENPORT, Iowa, March 29, 2024 (GLOBE NEWSWIRE) -- Lee Enterprises, Incorporated (NASDAQ: LEE) (“Lee” or the “Company”), today announced that its Board of Directors (the “Board”) has unanimously adopted a limited-duration shareholder rights plan (“Rights Plan”).
  • “Consistent with its fiduciary duties, the Lee Board determined that based on the circumstances it was necessary to adopt a rights plan to protect the long-term interests of all Lee shareholders,” said Mary Junck, Chairman of the Board.
  • Under the Rights Plan, any person which currently owns more than the triggering percentage may continue to own its shares of common stock but may not acquire any additional shares without triggering the Rights Plan.
  • The Rights Plan does not contain any dead-hand, slow-hand, no-hand or similar feature that limits the ability of a future board of directors to redeem the rights.

LMC Announces 2024 Executive Board

Retrieved on: 
Thursday, March 7, 2024
McClatchy, Television, LMC, Digital recording, DODS, OnMilwaukee, SVP, Marketing, Star Tribune, The Atlanta Journal-Constitution, Lee Enterprises, Digital, E. W. Scripps Company, Rest, Digital First Media, Branded, Observer Media Group, Univision, Editorial, Partnership, Management

Scripps Co.; re-appointed Rafael Cores, Impremedia; and newly elected Nick Ames, McClatchy, and Carolynn Buser, OnMilwaukee, to its executive board.

Key Points: 
  • Scripps Co.; re-appointed Rafael Cores, Impremedia; and newly elected Nick Ames, McClatchy, and Carolynn Buser, OnMilwaukee, to its executive board.
  • The LMC executive board is composed of nine elected and three board-appointed members with digital expertise from a diverse mix of local media companies.
  • "We are pleased to welcome Nick and Carolynn as new board members, and for continued engagement from Tom, Rafael and the rest of our board," said Fran Wills, CEO of the LMC.
  • First-time LMC board member Carolynn Buser is the chief operating officer at OnMilwaukee.com and LiFT Digital based in Milwaukee, Wisconsin.

Lee Enterprises reports first quarter Adjusted EBITDA growth and strong digital growth

Retrieved on: 
Thursday, February 1, 2024
Pillar, Lee Enterprises, Advertising, Digital, Amplification, Adjustment, Marketing, Music

DAVENPORT, Iowa, Feb. 01, 2024 (GLOBE NEWSWIRE) -- Lee Enterprises, Incorporated (NASDAQ: LEE), a digital-first subscription platform providing high quality, trusted, local news, information and a major platform for advertising in 73 markets, today reported preliminary first quarter fiscal 2024 financial results(4) for the period ended December 24, 2023.

Key Points: 
  • “Our Three Pillar Digital Growth Strategy is driving audience growth, improving consumer engagement, and increasing digital subscribers.
  • “Because of our impressive digital subscription revenue growth combined with solid gains at Amplified Digital®, digital revenue reached 46% of total operating revenue in the quarter.
  • We expect strong digital revenue combined with cost management execution to keep us on track to achieve our overall Adjusted EBITDA guidance for the full year," added Mowbray.
  • Digital services revenue, which is predominantly BLOX Digital, totaled $5 million in the quarter.

Lee Enterprises plans quarterly call and webcast February 1, 2024

Retrieved on: 
Friday, January 19, 2024
Telephone, Webcast, Lee Enterprises, News, PIN, Central Time

DAVENPORT, Iowa, Jan. 19, 2024 (GLOBE NEWSWIRE) -- Lee Enterprises, Incorporated (NASDAQ: LEE), a major subscription and advertising platform and a leading provider of high quality, trusted, local news and information in 73 markets, has scheduled an audio webcast and conference call for Thursday, February 1, 2024, at 9 a.m. Central Time.

Key Points: 
  • DAVENPORT, Iowa, Jan. 19, 2024 (GLOBE NEWSWIRE) -- Lee Enterprises, Incorporated (NASDAQ: LEE), a major subscription and advertising platform and a leading provider of high quality, trusted, local news and information in 73 markets, has scheduled an audio webcast and conference call for Thursday, February 1, 2024, at 9 a.m. Central Time.
  • Lee plans to issue a news release before market opens that day with preliminary results for its first quarter ended December 24, 2023.
  • A live webcast of the conference call may be accessed via the Investor Relations portion of Lee’s website or here .
  • The live webcast will be accessible at lee.net and will be available for replay 24 hours later.

Lee Enterprises, Inc. (NASDAQ: LEE) Potential Privacy Violations- Levi & Korsinsky Investigates

Retrieved on: 
Friday, December 15, 2023
Lee Enterprises, Privacy, Publication, VPPA, News

NEW YORK, Dec. 15, 2023 (GLOBE NEWSWIRE) -- Lee Enterprises, Inc. (NASDAQ: LEE) is accused of sharing subscribers' personal video-viewing information with Facebook without consent.

Key Points: 
  • NEW YORK, Dec. 15, 2023 (GLOBE NEWSWIRE) -- Lee Enterprises, Inc. (NASDAQ: LEE) is accused of sharing subscribers' personal video-viewing information with Facebook without consent.
  • Certain subscribers, represented by Levi & Korsinsky, brought a class action in a lawsuit captioned Stoudemire et al v. Lee Enterprises, Inc., C.A.
  • Those affected are subscribers to Lee news websites ( https://lee.net/markets ) who could be eligible to collect up to $2,500 for these privacy violations.
  • Levi & Korsinsky is working on behalf of Lee publication members with Facebook accounts who may have been impacted by this improper information sharing.

Lee Enterprises achieves all fiscal year guidance with strong fourth quarter results and increases long-term outlook

Retrieved on: 
Thursday, December 7, 2023
Pillar, Marketing, Digital, Amplification, Lee Enterprises, Adjustment, Advertising, Growth, Video game

“Our fourth quarter digital subscription results lead the industry by a significant margin, continuing the streak for 16 consecutive quarters. Subscribers to our digital products totaled 721,000, up 36% compared to last year and digital-only subscription revenue accelerated--growing 68% on a Same-store basis(4)," said Kevin Mowbray, Lee's President and Chief Executive Officer. “Amplified Digital® revenue totaled $24 million in the quarter, leading to an 11% increase over the prior year(4). Total Digital Revenue increased 14% in the quarter(4), and represented 44% of our total operating revenue. The rapid pace of digital growth is driven by our strong execution of our Three Pillar Digital Growth Strategy,” Mowbray added.

Key Points: 
  • “Our fourth quarter digital subscription results lead the industry by a significant margin, continuing the streak for 16 consecutive quarters.
  • “Amplified Digital® revenue totaled $24 million in the quarter, leading to an 11% increase over the prior year(4).
  • Total Digital Revenue increased 14% in the quarter(4), and represented 44% of our total operating revenue.
  • “Adjusted EBITDA in the quarter was up 29% sequentially, due to our rapid digital growth and strong cost management execution," said Mowbray.

Ted Olt succeeds Dana Waterman in key Lee Enterprises role

Retrieved on: 
Wednesday, December 6, 2023
Veteran, Marketing, Waterman, Trustee, Genesis Health System, Risk, Quad Cities, City, Army Reserve, Organization, Admission, Army, Lee Enterprises, Commerce, LEE, News, American Red Cross, University, Society, Grinnell College, Lincoln, National Guard, Advertising, Corporate governance, Putnam Museum, United, Science, Gold

DAVENPORT, Iowa, Dec. 06, 2023 (GLOBE NEWSWIRE) -- Theodore F. Olt III has been elected by the board of directors of Lee Enterprises, Incorporated (NASDAQ: LEE) to succeed C. Dana Waterman III, who is retiring after 34 years as secretary and general counsel.

Key Points: 
  • DAVENPORT, Iowa, Dec. 06, 2023 (GLOBE NEWSWIRE) -- Theodore F. Olt III has been elected by the board of directors of Lee Enterprises, Incorporated (NASDAQ: LEE) to succeed C. Dana Waterman III, who is retiring after 34 years as secretary and general counsel.
  • “Ted has worked closely with Dana on many key Lee projects for over two decades, so we know how valuable he will be to Lee in his new role,” said Mary Junck, chairman of the Lee board.
  • Dana has set exceedingly high marks, and we’re certain Ted will set new high marks of his own.”
    Olt is a graduate of the U.S.
  • “It is truly an honor to take on this role with Lee Enterprises,” Olt said.

Lee Enterprises plans quarterly call and webcast December 7, 2023

Retrieved on: 
Friday, December 1, 2023
Telephone, Lee Enterprises, Central Time, Webcast, PIN, News

DAVENPORT, Iowa, Dec. 01, 2023 (GLOBE NEWSWIRE) -- Lee Enterprises, Incorporated (NASDAQ: LEE), a major subscription and advertising platform and a leading provider of high quality, trusted, local news and information in 75 markets, has scheduled an audio webcast and conference call for Thursday, December 7, 2023, at 9 a.m. Central Time.

Key Points: 
  • DAVENPORT, Iowa, Dec. 01, 2023 (GLOBE NEWSWIRE) -- Lee Enterprises, Incorporated (NASDAQ: LEE), a major subscription and advertising platform and a leading provider of high quality, trusted, local news and information in 75 markets, has scheduled an audio webcast and conference call for Thursday, December 7, 2023, at 9 a.m. Central Time.
  • Lee plans to issue a news release before market opens that day with preliminary results for its year ended September 24, 2023.
  • A live webcast of the conference call may be accessed via the Investor Relations portion of Lee’s website.
  • The live webcast will be accessible at lee.net and will be available for replay 24 hours later.

Lee Enterprises to present at Sidoti Virtual Investor Conference

Retrieved on: 
Friday, November 10, 2023
Property tax, Conference, Lee Enterprises, Internet service provider, Sidoti

DAVENPORT, Iowa, Nov. 10, 2023 (GLOBE NEWSWIRE) -- Lee Enterprises, Incorporated (NASDAQ: LEE) today announced its Chief Executive Officer, Kevin Mowbray, and Chief Financial Officer, Tim Millage, will hold a group presentation and host one-on-one meetings with investors at the Sidoti November Virtual Investor Conference, taking place on November 15-16, 2023.

Key Points: 
  • DAVENPORT, Iowa, Nov. 10, 2023 (GLOBE NEWSWIRE) -- Lee Enterprises, Incorporated (NASDAQ: LEE) today announced its Chief Executive Officer, Kevin Mowbray, and Chief Financial Officer, Tim Millage, will hold a group presentation and host one-on-one meetings with investors at the Sidoti November Virtual Investor Conference, taking place on November 15-16, 2023.
  • The group presentation will begin at 12:15 ET on November 15, 2023, and can be accessed live here .
  • Lee Enterprises will also host virtual one-on-one with investors on Wednesday and Thursday, November 15-16, 2023.
  • Registration is free and you don't need to be a Sidoti client.

THE LAS VEGAS REVIEW-JOURNAL NAMES NEW SENIOR VICE PRESIDENT OF ADVERTISING SALES

Retrieved on: 
Thursday, October 12, 2023
Sentinel, Hearst Communications, Tribune Media, Star, Las Vegas Review-Journal, Television, Advertising, Houston, Star Tribune, LAS, Lee Enterprises, Houston Chronicle, Sun-Sentinel, WB, Chase, Publication, Giuseppe Labonia, Loyola University, San Francisco Chronicle, City, ABC, Management

LAS VEGAS, Oct. 11, 2023 /PRNewswire/ -- Longtime media executive Michael LaBonia was named senior vice president of advertising sales, effective immediately, Keith Moyer, publisher and editor of the Las Vegas Review-Journal, announced Tuesday.

Key Points: 
  • LAS VEGAS, Oct. 11, 2023 /PRNewswire/ -- Longtime media executive Michael LaBonia was named senior vice president of advertising sales, effective immediately, Keith Moyer, publisher and editor of the Las Vegas Review-Journal, announced Tuesday.
  • A former Hearst Media executive, LaBonia will succeed Chase Rankin, who accepted the role of president of Lee Enterprises' Western Division earlier this month.
  • LaBonia served as senior vice president of advertising for Hearst Newspapers and chief revenue officer and executive vice president of advertising for the Houston Chronicle.
  • LaBonia previously served as senior vice president of advertising at the San Francisco Chronicle, senior vice president of sales and strategic development in Minneapolis at the Star Tribune, and vice president of the Sun Sentinel in Fort Lauderdale, Florida.