• Hoffmann Steps In: Lee Enterprises Gets A New Leader - And New Investment
    There are more ways to get control of a national publishing company than one.  Lee Enterprises, which last year fought off an effort by David Hoffmann and the Hoffmann Family of Companies, has announced a $50 million stock purchase agreement priced at $3.25 per share-–led by Hoffmann. David Hoffmann will become chair of the board upon closing of the strategic equity deal, and Kevin Mowbray, president and CEO of Lee, will retire. Nathan Bekke, now chief operating officer of Lee, will serve as interim CEO until a permanent replacement for Mowbray is found.  Billionaire Hoffmann initially committed a minimum of $20 …
  • AI Prophet: Tool Is Designed To Tell If Content Will Work
    Publishers and marketers can determine in advance if images will engage readers.
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