Lee Enterprises, Incorporated (NYSE:LEE) was founded in 1890 and is headquartered in Davenport, Iowa. It has 2,332 full-time employees. It is a news publishing and newspaper, information and advertising service company with 22 companies in the United States. Each state publishes 50 daily newspapers and more than 300 publications every week.
Lee Enterprises (LEE):
Lee’s Enterprise Company mainly provides local news, information and advertising services. The market is mainly in the Midwest, Western Mountain and Western Regions of the United States. Lee’s Enterprise Company distributes 50 daily newspapers, 33 Sunday newspapers, and 300 copies in 22 states in the United States. Weekly, Category and Niche-type publications, and also operate news reporting websites, which can be read on mobile devices and tablets, and provide retail, classified, and national digital advertising services. Provide customers with commercial printing services.
In addition, Lee Enterprises also provides digital marketing services, including search engine marketing (SEM), social media and reputation management (Social Media), audience promotion, medium-sized and small business website hosting (Web Hosting) and design services (Web Design Service) ), as well as expanding digital solutions, customizing digital marketing services, including search engine optimization (SEO), search engine marketing, web and mobile products.
In addition, Lee’s Enterprise Company also provides digital infrastructure and digital publishing services to approximately 1,600 daily newspapers, weekly newspapers, universities, and television stations.
Owns 82.5% of the Internet service company TownNews.com . It acquired Howard Publications for US$694 million in 2002 and Pulitzer, Inc. for US$1.5 billion in 2005.
As of December 31, 2015, Buffett’s holding of Lee Enterprise (NYSE: LEE) shares through Berkshire Hathaway remained unchanged at 88,863 shares.