Lee Enterprises

Lee Enterprises, founded in 1890 by A.W. Lee in Iowa, is a prominent media company headquartered in Davenport, Iowa. The company serves 73 markets in 26 states, offering nearly 350 weekly and specialty publications. Its digital and print products reach over 75% of adults in their largest markets each week, and its digital platforms attract more than 29 million unique visitors monthly. Lee Enterprises boasts 1.1 million newspaper subscribers and provides a comprehensive marketing solution that includes data insights, creative services, content creation, engagement, media distribution, and reputation management. The company’s publishing platform, Blox CMS, offers tools to create value for readers and advertisers. Lee Enterprises also has a national Public Service Journalism team with 12 experienced reporters specializing in various topics such as public safety, public health, state government, and the environment. In 2022, the company expanded its internship program, adding over 60 summer interns. Its SaaS division, TownNews, was rebranded as BLOX Digital in 2023, supporting approximately 26% of the news content management market and powering over 2,000 news sites with 6.8 billion annual pageviews, two million paying subscribers, and six million email subscribers. In Q2 Fiscal Year 2024, digital revenue represented 48% of total revenue, with digital-only subscription revenue increasing by 48% and subscriptions up 25%. Lee Enterprises also launched STL Pinch Hits, a digital sports product providing exclusive coverage of the St. Louis Cardinals. The company’s stock is traded on Nasdaq under the symbol LEE.