Monday, December 05, 2005

Fifteen Questions

Congratulations. You've just been hired as second banana on the Missoulian's business desk. It's your first day on the job, and your boss has just told you that Lee Enterprises, the Missoulian's owner, has announced that it is moving its corporate headquarters from Davenport, Iowa, to Missoula. (Not really. It's just an exercise in backgrounding a business.)

Your boss will contact Lee officials in Iowa to do the main story on the reasons for the move and the consequences for Missoula.

Your job is gather information for a sidebar, perhaps a big graphic. You've got the rest of this class period to provide that information in the form of a comment to the blog. You may use any sources short of calling Lee or its employees. Cite your sources. Be sure they're authoritative.

The questions:
  • How many newspapers does Lee Enterprises own? What's Lee's total daily circulation?
  • What's its biggest paper? What's its circulation? How has the paper itself been in the news lately?
  • Who are Lee's top corporate officials?
  • How much was its top official paid in 2004?
  • What's Lee's stock selling for today?
  • How much revenue did the company report on its most recent annual report?
  • Lee is not forecasting normal earnings over the next few years. Why?
  • How old is the company? Who is its founder? How did its connection to Montana come about?
  • Are there any independent business analyst who follow Lee? Name a couple.
  • What's the most unusual fact you've found to spice up the profile?

20 comments:

D. Robert Davis said...

1. 58 dailies and over 300 weekly papers
2. 1,656,854 for the 58 dailies
3. St. Louis Post Dispatch
4. 278,531
5. Well it is moving its corporate offices to Missoula and it officially acquired the Pulitzer Inc. franchise (which included the Port Dispatch) during the summer.
6. Mary E. Junck (chairman), Rosanne Cheeseman (VP- Sales and Marketing), Vytenis P. Kuraitis (VP- Human Resources)
7. According to Yahoo finance, Junck was paid 1.83 million in 2004 (863,000 was exercised)
8. $37.68-38.12 is the daily range
9. 683.3 million
10. It’s recent acquisition of Pulitzer Inc.
11. 115 years
12. A. W. Lee
13. Phillip Alder bought a bunch of Montana newspapers, including ones in Billings, Missoula and Helena, in 1959 when the Anaconda Copper Company was forced to sell them.
14. There are six, two of which are John Janedis of Banc of America Securities, LLC and William Drewry of Credit Suisse First Boston
15. One of Lee’s first papers, the Muscatine Journal, once employed Mark Twain and a Lee reporter died at the Battle of Little Big Horn. A.W. Lee entered the University of Iowa at 13 and they have a person on their board with the last name of Cheeseman.

danny person owes me money said...

58 newspapers in 23 states, daily circulation of 1,656,854.

The St. Louis Post Dispatch with a circulation 278,531. The paper is in the news because Lee recently bought it.

Mary E. Junck, president and chief executive officer
John VanStrydonck, Vice President Publishing, Publisher of Missoulian

Junck, 56, makes $3,586,600 a year not including her stock options at $544,700

Current stock price is 37.86 which is a -.28 change
Lee has revenue of $683 million

They are not forecasting normal earnings becuase of their recent purchase of Pulitzer Inc.

Lee started in 1890 and is named after Alfred Wilson Lee

When Lee purchased an Anaconda, Mont. newspaper in 1959, they ceased being purely Midwestern.

Independant analysis include
John Janedis with Banc of America Securities, LLC
WIlliam Drewry wit Credit Suisse First Boston

Mark Twain once wrote for Lee and a Lee reporter died with George Custer at the battle of Little Big Horn

TimD said...

- Lee has 58 daily's in 23 states
daily circ: 1,656,854 sunday: 1,933,923
- over 300 weekly papers, shoppers & specialty pubs.
- 10,700 employees
- Largest daily: St. Louis Post Dispatch
daily: 278,531 sunday: 428,601
- In June, acquired Pulitzer in a $1.46 billion agreement, which added 14 dailys, more than 100 non-daily pubs. and 4,000 employees
- Mary E. Junck is Chairman of Board, President and CEO
her 2004 salary: $4,383,300
base: 750,000
bonus: 1.080 mil
other: 242,800
stock: 2,310,500
- 14 Vice Presidents including: John VanStrydonck who is V.P. - Publishing and the Missoulian Publisher
- 7 other board members
- at 4 p.m.EST stock trading at $37.86/share
-2005 earnings for fiscal year ending Sept. 30 =
$76.878 mil down over 9 mil from 2004
- numbers are down from the cost associated with the acquisition of Pulitzer
- The company is 115 years old
- 1890 Alfred Wilson Lee founded the company
- 1959 Phillip Adler purchased a group of Mont papers from the Anaconda Company
- Interesting facts: Mark Twain, Willa Cather and Thornton Wilder all wrote for the company
- AND a Lee reporter died in Little BigHorn covering Custer.
- financial and business analysis can be found at Yahoo, claritas and investorguide.com

The P. Kurtinest of Bulgers said...

1. 58 dailies (lee.net). 1,656,854 (lee.net)
2. St. Louis Post Dispatch (lee.net), 278,531 (lee.net), because it was just bought by Lee along with the other papers of Pulitzer Inc. (the American journalism review online)
3. Mary E. Junck, Chairman And CEO, Nancy S. Donovan and William E. Mayer, founding partners. All three are on the board of directors (lee.net)
4. Junck got $1.83 million (Yahoo! finance)
5. Between $37.68 and $38.12 (morningstar.com)
6. $48 million (businessweek.com)
7. Because of the purchase of Pulitzer Inc. (lee.net)
8. 1890, A. W. Lee, in 1959 it bought a group of Montana newspapers from the Anaconda Company (lee.net)
9. John Janedis, William Drewry, Paul Ginocchio (lee.net)
10. Mark Twain used to write for a Lee paper (lee.net)

count'em quick karl said...

1) 58 daily newspapers (Lee Enterprises website)
2) 1,656,854 (Lee Enterprises website)
3) St. Louis Post Dispatch (Lee Enterprises website)
4) 278,531 (Lee Enterprises website)
5) Bought Pulitzer Inc., and more importantly on a hip blog such as newzhound
6) Mary E. Junck (Chairman), Nancy Donovan (Founding Partner), Hebert Moloney III (Founding Partner) (Lee Enterprises website)

7) Junck- $1.83 (yahoo finance)
8) $37.86, daily range- $38.12-37.68 (Morningstar.com)
9) 683.3 million (Lee Enterprises website)
10) It recently bought Pulitzer Inc. so that will affect earnings.
11) 115 years (Lee Enterprises website)
12) A.W. Lee (Lee Enterprises website)
13) Phillip Adler bought newspapers in Montana when the Anaconda Company had to sell them.
14) Lauren Fine of Merrill Lynch and Brian Shipman of UBS
15) A) A reporter from one of the papers died with George Custer at the Battle of the Little Big Horn.

B) And one of the papers was the first newspaper in the world to be produced totally by computer.

C) Mark Twain wrote for a Lee newspaper (All three from Lee Enterprises website)

ian said...

1) Lee owns 58 newspapers and more than 300 weekly newspapers, shoppers and specialty publications in 23 states. Their total daily circulation is 1,656,854. (http://www.lee.net/newspapers/)
2) Their largest paper is the St. Louis Post Dispatch. The Post Dispatch’s daily circulation is 278,531. It was recently making news both because the editor retired and the managing editor was named chief editor (the 7th in 127 years operating), and because 130 of their staff retired early when offered extra benefits for doing so. (http://www.lee.net/newspapers/ and http://www.lee.net/newsreleases/)
3) Lee’s “Executive Team” is made up of 15 officers (the president and 14 vice presidents). The team is listed below.
Mary E. Junck,Chairman, President, and Chief Executive Officer
Roseanne Cheeseman, Vice President of Sales and Marketing
Vytenis P. Kuraitis, Vice President of Human Resources
Terrence C.Z. Egger, Vice President of Publishing; Publisher – St. Louis Post Dispatch
Linda Lindus, Vice President of Publishing; Publisher – The Pantagraph
Nancy L. Green, Vice President of Circulation
Kevin E. Mowbray, Vice President of Publishing; Publisher – The Times, NW Indiana
Carl G. Schmidt, Vice President, Chief Financial Officer and Treasurer
Michael R. Gulledge, Vice President of Publishing; Publisher, Billings Gazette
Daniel K. Hayes, Vice President – Corporate Communications
Gregory P. Schermer,Vice President of Interactive Media; Corporate Counsel; Board Member
James W. Hopson, Vice President of Publishing; Pubisher – Wisconsin State Journal
John VanStrydnock, Vice President of Publishing; Publisher; Missoulian
Brian E. Kardell, Vice President of Production; Chief Information Officer
Greg R. Veon, Vice President of Publishing
(http://www.lee.net/aboutlee/executiveteam.shtml)
4) Junck, Lee’s CEO, made $1.83 million in 2004. (Yahoo! Finance)
6) As of 4:03 p.m. EST, on 12/5/05, one share of Lee’s stock was worth $37.86 (http://www.lee.net/financial/)
7) Lee reported revenue of $683,324,000 in 2004 (http://www.lee.net/financial/annual.shtml)
8) Lee isn’t expecting normal earnings over the next few years because advertising revenue, 75% of the company’s income, has been declining. It’s anticipated that the decline will continue due to the current state of the economy.
Also, Lee will have difficulty gauging its earnings because of possible unforeseen economic effects after acquiring the Pulitzer chain of newspapers. (http://www.lee.net/financial/annual.shtml)
9) Lee was founded in 1890 by A.W. Lee. The company gained control of papers in Anaconda, Billings, Butte, Helena, Missoula and Livingston (though they closed Anaconda’s paper and sold the Livingston paper) after the Anaconda Mine Company decided to get out of the news business in 1959. (http://www.lee.net/aboutlee/history.shtml)
10) Six analysts follow Lee’s finances. They are:
John Janedis, of Banc of America Securities, LLC
William Drewry, of Credit Suisse First Boston
Paul Ginocchio, of Deutsche Bank
Lauren R. Fine, of Merrill Lynch
Steven Barlow, of Prudential Equity Group, LLC
Brian Shipman, of UBS
(http://www.lee.net/financial/analysts.shtml)
11) A reporter for a Lee newspaper was killed in the Battle of the Little Bighorn. Also, Mark Twain wrote for one of Lee’s first newspapers, the Muscatine Journal. (http://www.lee.net/aboutlee/history.shtml)

kilynch said...

1. Lee has 58 dailies in 23 states. Total daily circulation is 1,656, 854 and 1,933,923 on Sundays. (Lee website)
2. The largest Lee paper is the St. Louis Post Dispatch. It’s daily circulation is 278,531 and 428,601 on Sunday. It recently made news when its editor retired, it was purchased by Lee, along with 18 other papers, and 130 employees retired early when offered early retirement incentives. (Lee website)
3. Top corporate officials are Mary E. Junck- Chairman , President and Executive Officer; Rosanne Cheeseman- VP Sales and Marketing; Vtenis P. Kuraitis- Human Resources; Linda Lindus- VP Publishing; Terrance C.Z. Egger- VP Publishing; Nancy L. Green- VP Circulation; Kevin E. Mobray- VP Publishing; Michael R. Gulledge- VP Publishing; Carl G. Schmidt- VP Chief Financial Officer and Treasurer; Daniel K Hayes- VP Corporate Communications; Gregory P. Schermer- VP Interactive Media; James W. Hopson- VP Publishing; John VanStrydonck- VP Publishing; Brian E. Kardell- VP Production; and Greg R. Veon- VP Publishing. (Lee website)
4. The top paid executive was Junck. She made $1.83 million. (Yahoo finance)
5. Stock is selling at $37.86 as of 12/5. (Morningstar.com and Lee website)
6. Revenue was $683,324,000 in 2004’s annual report. (Lee website)
7. They’re not forecasting normal revenue because beginning in 2002 newspapers, including Lee, began to experience declining advertising revenue, which has continued to be adversely impacted by the current economy. Almost 75% of their revenue is from advertising. Also, the acquisition of the Pulitzer papers makes it difficult to predict their impact on the company earnings. (annual report)
8. The company was founded in 1890 by A.W. Lee. Lee acquired Montana papers in the early 1900’s when the Anaconda Mining Company sold its papers. (Lee Website)
9. Some analysts of the paper include Bank of America Securities – John Janedes; Merrill Lynch- Lauren K. Fine; UBS – Brian Shipman (Lee Website)
10. Mark Twain, Willa Cather and Thornton Wilder all wrote for Lee papers. Lee produced the first-ever all computer generated newspaper

persond223 said...

Danny Person


Lee Enterprises

58 newspapers
Daily circulation 1,656,854

Biggest Paper:
St. Lewis Post Dispatch circulation 278,531

The St. Louis Post Dispatch was recently bought out by Lee Enterprises. The company considered buying out Pulitzer to avoid the buy out, but to no avail. Only eleven percent of the editors wanted the buy out to happen. (Poynter online)


Lee B O A R D OF D I R E C T O R S

Mary E. Junck
Chairman, President and Chief Executive Officer; Director since 1999; Chairman of Executive Committee

Nancy S. Donovan
Founding Partner, Circle Financial Group, LLC; Founding Partner, Oakmont Partners, LLC; Director since 2003; member of Audit Committee

William E. Mayer
Founding Partner, Park Avenue Equity Partners, L.P.; Director since 1998; Lead Director, Chairman of Executive Compensation Committee and member of the Executive Committee and Nominating and Corporate Governance Committee

Herbert W. Moloney III
President and Publisher, Washington Examiner; Director since 2001; member of Audit and Nominating and Corporate Governance committees

Andrew E. Newman
Chairman and Chief Executive Officer, Race Rock International, Inc., and Culinary Essence, LLC; Director since 1991; Chairman of Audit Committee and member of Executive Compensation Committee

Gordon D. Prichett
Partner, Cairnwood Cooperative, and Professor of Mathematics, Statistics and Information Sciences, Babson College; Director since 1998; member of Audit and Executive committees

Gregory P. Schermer
Vice President – Interactive Media; Corporate Counsel; Director since 1999

Mark Vittert
Private Investor; Director since 1986; Chairman of Nominating and Corporate Governance Committee and member of Executive Compensation Committee



Junck’s salary
$750,000
Junck’s total Compensation
$4,383,300


Lee Stock
37.86


Revue
$683,324,000


Unusual earnings
They recently bought Pulitzer Inc. for $1.46 Billion.


History
Named for: A.W. (Alfred Wilson) Lee
He first went to work for a newspaper in 1880. He bought his first newspaper in 1890.
In 1959, Lee bought a group of papers in Montana from the Anaconda Copper company.




Independent Analysis

Banc of America Securities, LLC John Janedis
Credit Suisse First Boston William Drewry
Deutsche Bank Paul Ginocchio



Wacky Info:
A Lee reporter died at the Battle of the Little Big Horn along with George Custer.

Brenna said...

Lee Enterprises Inc. owns 58 daily newspapers and over 300 weekly newspapers in 23 states.
According to the 9/30/05 Audit Bureau of Circulations Publisher Statements, Lee's total daily circulation is 1,656,854.
Lee's biggest paper is the St. Louis Post Dispatch, with a daily circulation of 278,531 and a Sunday circulation of 428,601, according to Lee's Web site.
The the paper was in the news because according to a story by the Associated Press posted in November, the paper recently shed 130 employees by offering early retirement packages, expecting to save up to $7 million a year amid an uneven advertising market.
Mary E. Junck is the chairman, president and chief executive officer of Lee Enterprises, according to their Web site. Rosanne Cheeseman is the vice president of sales and marketing, Vytenis P. Kuraitis is the vice president of human resources, Nancy L. Green is the vice president of circulation, Carl G. Schmidt is the vice president, chief financial officer and treasurer, Daniel K. Hayes is the vice president of corporate communications, and Greg R. Veon
vice president of publishing.
Junck made $1.83 million, 863,000 of which was exercised, in 2004, according to Yahoo finance.
Lee's stock is presently selling for $37.86 per share, according to their Web site.
In the most recent annual report posted on their Web site, Lee reported that including acquisitions, for the year ending Sept. 30, advertising revenue increased 29.8 percent to $657.6 million, and total operating revenue increased 26.0 percent to $860.9 million. Operating expenses, excluding depreciation and amortization, rose 29.7 percent to $644.6 million. Expenses related to the acquisition of Pulitzer added $18.1 million.
Lee Enterprises is not forecasting normal earnings over the next few years because of it's June 3, 2005 aquistion of Pulitzer Inc.
The company is 115 years old, beginning when it's founder Alfred Wilson Lee decided to become a publisher in 1890, according to lee.net.
Lee's connection to Montana came about when Phillip Alder bought a group of Montana newspapers, including ones in Billings, Missoula and Helena, in 1959 when the Anaconda Copper Company decided to sell them, according to the Web site.
Listed on their Web site, there are six independent analysts that cover Lee, one being John Janedis from Banc of America Securities, LLC and another being William Drewry of Credit Suisse First Boston.
An interesting fact I found about Lee while looking through their Web site was that Mark Twain used to write for one of their newspapers.

people won't talk to me said...

Lee Enterprises owns 58 daily newspapers. The total daily circulation is 1,656,854. –
The paper with the biggest circulation is the St. Louis Post Dispatch, in St. Louis. The daily circulation is 278,531 and Sunday circulation is 428,601. Found on the Lee.net website.
There are about 15 executive people Mary E. Junck
Chairman, President and CEO, Rosanne Cheeseman
Vytenis P. Kuraitis,
Mary Junck made $ 1.83 million last year.
Today, Lees stock was between $37.68 - 38.12. The last Sale was at $37.86, at 4:30 eastern according to Yahoo Finance. The change is down .73 percent.
Advertising revenue for the year ending September 30th, was $657.6 million, and total revenue was $860.9 million.
Lee will not have normal revenue because it is acquiring Pulitzer inc.
Lee Enterprises has been around for 115 years
A.W. Lee is the owner.
Phillip Alder bought some Montana newspapers, including ones in Billings, Missoula and Helena, in 1959 when the Anaconda Copper Company sold them.
Six, two are John Janedis of Banc of America Securities, LLC and William Drewry of Credit Suisse First Boston
Mark Twain once worked for them.

jacob said...

According to its website, Lee Enterprises owns 58 daily newspapers in 23 states. Their total daily circulation is 1,656,854 papers.

The website says Lee's biggest paper is the Saint Louis Post Dispatch with a daily circulation of 278,531.

The AP reported in early Novermber that the SL Post Dispatch will lose 130 employees to save $7 million a year. The employees opted to retire early for improved retirement packages.

The Lee website shows Mary E. Junck to be the president and CEO of Lee Enterprises. Rosanne Cheeseman is the vice president for sales and marketing, and Vytenis P. Kuraitis is the vice president for human resources.

Mary E. Junck was paid $1.83 million in 2004.

Lee's stock is selling for $37.86 per share today at a volume of 147,400 shares.

Lee reports that in the fiscal year that ended Sept. 30, 2005, their total operating revenue increased to $860.9 million. Lee is not predicting normal earnings over the next few years because of its June 3, 2005 acquisition of Pulitzer Inc.

Lee Enterprises is a 115 year-old company. Lee Enterprises was founded by Alfred Wilson Lee. In 1959, then owner Philip Adler purchased a group of Montana Newspapers, and expanded Lee into the West.

The Lee website says that it is followed by several independent business analysts. Banc of America Securities, LLC, Merrill Lynch, and Deutsche Bank are a few.

Mark Twain was once a reporter for a Lee newspaper. In terms of daily circulation, Lee Enterprises is the seventh largest newspaper company in America.

12th most powerful student on campus said...

1. Lee owns 58 newspapers, with a total daily circulation of 1,656,854.
2. The St. Louis Post-Dispatch is Lee's largest newspaper, with a daily circulation of 278,531. It recently let go of 130 employees by offering them early retirement packages (d. robert davis didn't find this answer and I am laughing at him because of it).
3. Mary Junck, President and CEO; Rosanne Cheeseman, Vytenis P. Kuraitis, Terrance C.Z. Egger, Linda Lindus, Nancy L. Green (all vice presidents).
5. Mary Junck made $2,072,800 in 2004.
4. Lee's stock is currently worth $37.86.
6. Total revenue for 2004- $860.9 million.
7. Lee recently purchased Pulitzer, and revenue is predicted to increase.
8. A.W. Lee found the company 115 years ago. Philip Adler purchased a group of Montana papers from the Anaconda Copper Company in 1959.
9. Lee has six independent analysts, including John Janedis (Banc of America), Lauren R. Fine (Merril Lynch), and Brian Shipman (UBS).
10. Lee recently made Forbes' 200 Best list, and is ranked No. 1 in sales.

12th most powerful student on campus said...

1. Lee owns 58 newspapers, with a total daily circulation of 1,656,854.
2. The St. Louis Post-Dispatch is Lee's largest newspaper, with a daily circulation of 278,531. It recently let go of 130 employees by offering them early retirement packages (d. robert davis didn't find this answer and I am laughing at him because of it).
3. Mary Junck, President and CEO; Rosanne Cheeseman, Vytenis P. Kuraitis, Terrance C.Z. Egger, Linda Lindus, Nancy L. Green (all vice presidents).
5. Mary Junck made $2,072,800 in 2004.
4. Lee's stock is currently worth $37.86.
6. Total revenue for 2004- $860.9 million.
7. Lee recently purchased Pulitzer, and revenue is predicted to increase.
8. A.W. Lee found the company 115 years ago. Philip Adler purchased a group of Montana papers from the Anaconda Copper Company in 1959.
9. Lee has six independent analysts, including John Janedis (Banc of America), Lauren R. Fine (Merril Lynch), and Brian Shipman (UBS).
10. Lee recently made Forbes' 200 Best list, and is ranked No. 1 in sales.

Karl Krempel said...

1. Lee owns 58 daily newspapers and over 300 weeklies/shoppers/specialty publications.
2. Daily circulation is 1,656,854
3. St. Louis Post Dispatch is Lee's largest paper.
4. The Post Dispatch's daily circulation is 278,531. Its Sunday circulation is 428,601.
5. In an effort to reduce personnel costs, employees were offered a chance at early retirement. There were 130 employees who chose to retire.
6. Lee's top corporate officals are:
Mary E. Junck
Chairman, President and Chief Executive Officer

Rosanne Cheeseman
Vice President –
Sales & Marketing

Vytenis P. Kuraitis
Vice President – Human Resources

Terrance C.Z. Egger
Vice President –
Publishing: Publisher,
St. Louis Post-Dispatch

Linda Lindus
Vice President –
Publishing; Publisher,
The Pantagraph

Nancy L. Green
Vice President – Circulation

Kevin E. Mowbray
Vice President –
Publishing; Publisher,
The Times, NW Indiana

Michael R. Gulledge
Vice President – Publishing;
Publisher, Billings Gazette

Carl G. Schmidt
Vice President, Chief Financial Officer and Treasurer

Daniel K. Hayes
Vice President –
Corporate Communications

Gregory P. Schermer
Vice President – Interactive Media; Corporate Counsel;
Board Member

James W. Hopson
Vice President – Publishing; Publisher, Wisconsin State Journal

John VanStrydonck
Vice President – Publishing; Publisher, Missoulian

Brian E. Kardell
Vice President – Production; Chief Information Officer

Greg R. Veon
Vice President – Publishing

7. Mary E. Junck had a $750,000 salary in 2004 and received a $1,080,000 bonus. (ecomponline.com)
8. Stock is selling for 37.86
9. $86,071,000 in earnings in 2004
10. Lee expects to have higher earnings as a result of their purchase of the Pulitzer papers.
11. The company is 115 years old.
12. Lee was founded in 1890 by A.W. Lee.
13. Lee purchased the Montana papers from the Anaconda company in 1959.
14. Yes,
Banc of America Securities, LLC-John Janedis
Credit Suisse First Boston-William Drewry
Deutsche Bank-Paul Ginocchio
Merrill Lynch-Lauren R. Fine
15. A Lee reporter died with George Custer at the Battle of the Little Big Horn.
All information except for #7 from Lee.net.

12th most powerful student on campus said...

1. Lee owns 58 newspapers, with a total daily circulation of 1,656,854.
2. The St. Louis Post-Dispatch is Lee's largest newspaper, with a daily circulation of 278,531. It recently let go of 130 employees by offering them early retirement packages (d. robert davis didn't find this answer and I am laughing at him because of it).
3. Mary Junck, President and CEO; Rosanne Cheeseman, Vytenis P. Kuraitis, Terrance C.Z. Egger, Linda Lindus, Nancy L. Green (all vice presidents).
5. Mary Junck made $2,072,800 in 2004.
4. Lee's stock is currently worth $37.86.
6. Total revenue for 2004- $860.9 million.
7. Lee recently purchased Pulitzer, and revenue is predicted to increase.
8. A.W. Lee found the company 115 years ago. Philip Adler purchased a group of Montana papers from the Anaconda Copper Company in 1959.
9. Lee has six independent analysts, including John Janedis (Banc of America), Lauren R. Fine (Merril Lynch), and Brian Shipman (UBS).
10. Lee recently made Forbes' 200 Best list, and is ranked No. 1 in sales.

pete d said...

-58 dailies and over 300 weekly newspapers
-1,656,854
-St. Louis Post Dispatch
- 278,531
-It acquired Pulitzer Inc. in June
-Mary E. Junck (CEO), Charles Schmidt VP and Treasurer
- Junck made $1.83 million in 2004 and only $863,000 of it was exercised, according to Yahoo Finance
-stock cost $37.86
-Revenue was $76.878 million, according to Lee's website
-115-year-old company
-Founded by A. W. Lee
-In 1959 Philip Adler was running company as its Vice President and under him it cought a group of Montana newspapers in 1959.
-Paul Ginocchio of Deutsche Bank, Lauren R. Fine of Merrill Lynch and Brian Shipman of UBS all
-A Lee newspaper reporter died with George Custer at the Battle of Little Big Horn

Laureljwm said...

Lee Enterprises owns 58 newspapers, with a total circulation of 1,656,854, according to Lee Enterprises’ website
November 1, the St. Louis Post-Dispatch, the largest paper Lee Enterprises owns with a daily circulation of 278,531, fired 130 workers, which is supposed to save the paper $7 billion dollars a year, according to the AP.
At Lee Enterprises, Mary E. Junck is president and chief executive officer, Rosanne Cheeseman is the vice president of
Sales & Marketing, Vytenis P. Kuraitis is the vice president Human Resources, and John VanStrydonck, the publisher of the Missoulian is vice president of Publishing, according the their website.
Is Mary E. Junck paid $1.83 million annually.
Lee Enterprises stock is selling at $38.14 a share.
For the 2005 fiscal year, Lee Enterprises income was $76.9 million.
Lee bought Pulitzer Inc. on June 3, 2005, a publisher of 44 daily newspapers which will change the amount they earn.
Lee Enterprises is 115 years old and it was founded in 1890 by A.W. Lee.
After the mining companies, which basically owned many towns in early Montana, decided to get out of the newspaper business, Lee Enterprises bought the newspapers.
John Janedis, William Drewry, and Lauren R. Fine are some independent business analysts that follow Lee.
Mark Twain worked for Lee, and I like the name Lauren R. Fine.

Patrick Cross said...

1. 57 newspapers, 1,656,854 circulation
2. St. Louis Post Dispatch, 278,531 circulation, what Danny said
3. Junck, Donovan, Mayer, Moloney, Newman, Prichett, Schermer, Vittert
4. Junck was payed $750,000 with $4,383,300 in salary+bonuses+stock benefits (Des Moines Register)
5. $37.86
6. $107,186 (perhaps this is for October 2004 alone)
7. There will be no election advertising this year
8. 115 years, Alfred Wilson Lee, Phillip Adler purchased numerous Montana papers from the Anaconda Copper Co. in 1959
9. Bank of America Securities, Merrill Lynch, USB
10. A Lee reporter died at the Battle of the Little Bighorn

Swibold said...

Mythbuster No.1 -- Be a little circumspect about corporate histories and claims to fame. Mark Twain may have worked for the daily in Muscatine but that was long before Lee bought it.

Mythbuster No. 2 -- A Bismarck Tribune reporter named Mark Kellogg did die with Custer at the Little Bighorn in 1876, but that was 102 years before Lee's purchase of the paper.

Swibold said...

Good scavenging, newzhounds. The one fact that seemed to vary widely, however, was Mary Junck's compensation. What gives? See the newest blog entry.