St. Louis Post-Dispatch lays off two editors
The St. Louis Post-Dispatch has laid off a sports editor and breaking news editor as per Jeff Gordon, president of the United Media Guild. Both editors were not represented by the union. Also, two outside sales representatives took buyout offers. The Post-Dispatch’s parent company, Lee Enterprises has also offered buyouts to other editorial staff members. […]
Layoffs expected at Lee Enterprises
Lee Enterprises is set to lay off staff across both its local papers and at the corporate level in a bid to cut costs following its unsolicited takeover bid by hedge fund Alden Global Capital. As per a source, more than 400 roles are expected to be cut this year across at least 19 Lee-owned […]
Benson, longtime editor of The Eagle, laid off
Lee Enterprises, which owns the Texas-based Bryan-College Station Eagle, has laid of the paper’s editor Darren Benson and will outsource the job to its sister paper, the Waco Tribune-Herald. Benson started at the paper in 2006 as city editor. He moved on to become managing editor, and then editor. Following the changes, The Eagle newsroom’s […]
Hedge fund seeks to acquire Lee Enterprises
Alden Global Capital, the New York-based hedge fund known for gutting newsrooms, is in a bid to buy Lee Enterprises. As per reports, in a letter to Lee shareholders, Alden proposed acquiring the company for $24 per share, which it said represents approximately 30 percent premium on Lee’s closing stock price of $18.49 last Friday. […]
Rosenberg named editor at Lee Enterprises
Penny Rosenberg has been appointed editor of two Lee Enterprises titles: the Albany Democrat-Herald and the Corvallis Gazette-Times in Oregon. Recently, she was city editor of three daily newspapers in Monrovia, CA. She also held the same post at Inland Valley Daily Bulletin, overseeing reporters who cover six cities along the L.A./S.B. border. She has […]
Lee Enterprises names Barenklau sub-regional editor
Lee Enterprises has enhanced its regional news effort across Nebraska with the appointment of Shon Barenklau to a sub-regional editor position. Barenklau is also the editor of the Grand Island Independent and the Kearney Hub, and will be working with local editors across the state to coordinate coverage from the daily news operations at Fremont, […]
Lee to begin trading on Nasdaq
Lee Enterprises is planning on transferring its stock exchange listing from the New York Stock Exchange to the Nasdaq Global Select Market with the shares expected to begin trading as a Nasdaq-listed security on April 19. Kevin Mowbray, president and CEO, said the move will not impact Lee’s stock price or value, but will enhance […]
Lee Enterprises taps Farrell as group publisher of its Virginia markets
Paul Farrell has been appointed as group publisher of Lee Enterprises Inc.’s 13 Virginia markets. With his new role, he still retains his position as president and publisher of The Richmond Times-Dispatch. Lee Enterprises acquired The Times-Dispatch from BH Media Group in March. Ray Farris, Lee’s operating vice president and vice president of advertising, said: […]
Lee Enterprises debuts local biz stimulus program
Lee Enterprises Inc., which provides news, information and advertising in 77 markets, has launched a local business stimulus program aimed at helping local businesses adapt and thrive in a rapidly evolving economic environment. Ray Farris, Lee operating vice president and vice president of advertising, said: “This stimulus program follows the highly successful grant program we […]
