AP says it will offer buyouts as part of pivot away from newspaper journalism [Yahoo! Finance]
Lee Enterprises, Incorporated (LEE)
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Source: Yahoo! Finance
the focus on newspaper journalism that sustained the company for more than 1½ centuries. The news organization is becoming more focused on visual journalism and developing new revenue sources, particularly through companies investing in artificial intelligence , to cope with the economic collapse of many legacy news outlets. Once the lion's share of AP's revenue, big newspaper companies now account for 10% of its income. “We're not a newspaper company and we haven't been for quite some time,” Julie Pace, executive editor and senior vice president of the AP, said in an interview. Despite changes – the company has doubled the number of video journalists it employs in the United States since 2022 – remnants of a staffing structure built largely to provide stories to newspapers and broadcasters in individual states have remained. That has its roots well back in American history; the AP was started in the mid-19th century by New York newspapers looking to share the costs of reporti
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News
- AP says it will offer buyouts as part of pivot away from newspaper-focused history [Yahoo! Finance Canada]Yahoo! Finance Canada
- Associated Press to offer buyouts to U.S. staff as it pivots away from newspaper business [Globe and Mail, The (Toronto, Canada)]Globe and Mail, The
- AP says it will offer buyouts as part of pivot away from newspaper journalism [BNN Bloomberg (Canada)]BNN Bloomberg
- This Billionaire Wants To Save America's Newspapers. He Thinks He's Found A Way [Yahoo! Finance]Yahoo! Finance
- Wife of St. Louis City star Eduard Lowen dies of cancer [USA TODAY]USA TODAY
LEE
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- 3/13/26 - Form 4
- LEE's page on the SEC website