|
201 N. Harrison St., Ste. 600 Davenport, IA 52801 IA Tel. 563-383-2100 Fax 563-323-9609 |
Type: Public
On the web:
http://www.lee.net
Employees:
6,200
Employee growth: (9.0%)
This Lee commands an army of newspapers. Lee Enterprises owns or has stakes in about 50 daily newspapers and nearly 300 weekly papers and niche publications. Its papers serve primarily small and midsized markets in some 20 states. Its portfolio is anchored by the St. Louis Post Dispatch; it also owns 50% of Madison Newspapers, publisher of the Wisconsin State Journal. The eighth-largest newspaper publisher in the US, Lee serves a daily circulation of more than 1.3 million readers. It additionally operates several websites in conjunction with its newspapers, and it has commercial printing facilities. Lloyd Schermer and his family have nearly 30% voting control of the firm, which filed for bankruptcy in 2011.
Key numbers for fiscal year ending September, 2011:
Sales: $756.1M
One year growth: (3.1%)
Net income: ($146.9)M
Officers:
Chairman, President, and CEO: Mary E. Junck
VP, CFO, and Treasurer: Carl G. Schmidt
VP Information Technology and CIO: Michele F. White
Competitors:
Gannett
Journal Communications
Tribune Company
© 2012 Hoover's, Inc. All rights reserved.