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Lee Enterprises Reports Second Quarter Results
Globenewswire· 2025-05-08 11:00
Total Digital Revenue(1) of $73M represented 53% of total revenue Digital-Only subscription revenue increased 20% YOY(2) Amplified Digital® Agency revenue totaled $25M, or up 9% YOY(2) DAVENPORT, Iowa, May 08, 2025 (GLOBE NEWSWIRE) -- Lee Enterprises, Incorporated (NASDAQ: LEE), a digital-first subscription platform providing high quality, trusted, local news, information and a major platform for advertising in 72 markets, today reported preliminary second quarter fiscal 2025 financial results(3) for the pe ...
Lee Enterprises plans quarterly call and webcast May 8, 2025
GlobeNewswire News Room· 2025-05-01 21:00
DAVENPORT, Iowa, May 01, 2025 (GLOBE NEWSWIRE) -- Lee Enterprises, Incorporated (NASDAQ: LEE), a major subscription and advertising platform and a leading provider of high quality, trusted, local news and information in 72 markets, has scheduled an audio webcast and conference call for Thursday, May 8, 2025, at 9 a.m. Central Time. Lee plans to issue a news release before the market opens that day with preliminary results for its quarter ended March 30, 2025. A live webcast of the conference call may be acc ...
MARY LEE BLAYLOCK JOINS SOTHEBY'S INTERNATIONAL REALTY AS PRESIDENT OF BROKERAGE
Prnewswire· 2025-04-21 19:30
Seasoned Real Estate Expert to Lead Company-Owned Brokerage OperationsNEW YORK, April 21, 2025 /PRNewswire/ -- Sotheby's International Realty today announced that seasoned real estate expert Mary Lee Blaylock has joined the brand as president of brokerage. Responsible for leading its company-owned brokerage operations, she will oversee 48 brokerage offices nationally that support more than 2,300 affiliated agents responsible for $20B in annual sales volume in 2024. Blaylock will focus on the development and ...
WANG AND LEE GROUP, INC. ANNOUNCES STRATEGIC INVESTMENT IN TROOPS, INC.
GlobeNewswire News Room· 2025-03-31 12:16
Hong Kong, March 31, 2025 (GLOBE NEWSWIRE) -- Wang and Lee Group, Inc. (NASDAQ: WLGS) today announced its strategic investment in Nasdaq-listed TROOPS, Inc. (NASDAQ: TROO). This collaboration aims to unlock synergies by integrating Wang and Lee's cutting-edge AI-driven advertising media, smart home devices, and blockchain-powered token rewards into TROOPS' expansive infrastructure. The proposed investment will enable Wang and Lee to deploy its AI-driven digital advertising platforms and IoT-enabled smart ho ...
WANG & LEE GROUP ANNOUNCES SUCCESSFUL COMPLETION OF HONG KONG'S FIRST LOCALLY DEVELOPED SMART FLOORING PROJECT, TRANSFORMING STEPS INTO CLEAN ENERGY
GlobeNewswire News Room· 2025-03-28 14:43
Innovative partnership with City University of Hong Kong paves the way for sustainable urban solutions HONG KONG, March 28, 2025 (GLOBE NEWSWIRE) -- Wang & Lee Group, Inc. (Nasdaq: ​WLGS) (the “Company”) today announced the successful installation of the first ever developed and made in Hong Kong smart flooring system capable of converting kinetic energy from human footsteps into usable electricity. This milestone achievement, developed in collaboration with City University of Hong Kong (“CityU”), marks a t ...
Lee Enterprises Extends Limited-Duration Shareholder Rights Plan in Light of Hoffmann Letter
Newsfilter· 2025-03-26 20:00
Core Viewpoint - Lee Enterprises has extended its shareholder rights plan for one year in response to an unsolicited acquisition interest from Hoffmann Family of Companies, ensuring fair treatment for all shareholders during potential takeover discussions [1][2][3]. Group 1: Rights Plan Extension - The Board of Directors unanimously approved the extension of the Rights Plan's expiration date from March 27, 2025, to March 27, 2026 [1][6]. - The Rights Plan was initially adopted in March 2024 to protect against a significant accumulation of shares by a competing digital publishing business [2][3]. - The extension aims to allow shareholders to realize long-term value and ensure fair treatment in any proposed takeover [3][6]. Group 2: Hoffmann's Acquisition Interest - Hoffmann has accumulated approximately 9.8% of Lee's outstanding common stock and expressed interest in acquiring the company [9]. - On March 20, 2025, Hoffmann publicly announced its interest in acquiring Lee but did not specify any acquisition price or material terms [9]. - The Board is open to reviewing any credible acquisition proposals and has offered to enter into a confidentiality agreement with Hoffmann to facilitate discussions [4][5]. Group 3: Company Overview - Lee Enterprises is a major subscription and advertising platform, providing local news and information through daily newspapers and digital products across 72 markets in 25 states [8]. - The company is committed to delivering valuable local news and information to the communities it serves [8].
WANG & LEE GROUP, INC., LINKO, AND HK GOLDEN, INC.
GlobeNewswire News Room· 2025-03-18 15:41
Core Insights - Wang & Lee Group, Inc. has formed a strategic partnership with HK Golden, Inc. to integrate ad-driven content into Linko's AI-powered smart home devices, allowing users to earn blockchain tokens for ad engagement, thereby enhancing ESG impact and consumer value [1][2][3] Group 1: Tokenized Ad Engagement - Users of Linko's devices will earn W&L-issued blockchain tokens for every minute spent interacting with HKGolden's ads, which can be redeemed for device upgrades, premium subscriptions, or cash [2] - The partnership ensures transparent tracking of ad engagement and token distribution through W&L's blockchain ledger [2] Group 2: ESG-Driven Synergy - A portion of the ad revenue generated will fund W&L's solar crypto-mines, linking user engagement to renewable energy growth and supporting global decarbonization goals [3] - This initiative promotes sustainable behavior while rewarding users for their engagement with ads [3] Group 3: Leadership Commentary - The CEO of Wang & Lee Group emphasized the transformation of passive ad consumption into active participation in the green economy, benefiting both users and the environment [4] - Representatives from Linko and HK Golden highlighted the enhanced value of devices and the pioneering nature of the alliance in redefining media monetization [4] Group 4: Strategic Benefits - Users can earn tokens through ad engagement, energy savings, and sustainable actions, while advertisers benefit from precise AI targeting, leading to higher ROI [5] - The partnership positions Wang & Lee as a leader in combining AI smart homes, blockchain rewards, and ESG-aligned media partnerships [5] Group 5: Projected Impacts - Anticipated user growth in Linko device adoption is expected post-integration, driven by the incentive of token rewards [6] - The alliance is projected to reduce household carbon footprints among participating users [6]
Lee Enterprises' Amplified Digital Agency Launches Expansive Suite of AI Solutions to Serve Local Businesses
Newsfilter· 2025-03-18 13:50
Core Insights - Lee Enterprises has launched a suite of AI-powered solutions called AmplifiedDigital.AI aimed at supporting local businesses in enhancing operations and customer connections in a digital marketplace [1][2]. Group 1: AI Solutions Overview - The AI solutions are designed to provide local businesses with essential tools for success, including data-driven insights and personalized marketing capabilities [2]. - The first product, A.I. Enablement, focuses on transforming businesses through various features that address marketing inefficiencies and customer engagement challenges [3][4]. Group 2: Commitment to Local Businesses - Lee Enterprises emphasizes its mission to foster economic growth and support local entrepreneurs, highlighting the importance of local businesses as the backbone of communities [3][4]. - The company aims to create opportunities and drive results through its AI solutions, which are not solely technology-focused but also geared towards tangible business success [4]. Group 3: Features of AI Solutions - Key features of the AI solutions include enhanced visibility in AI search engines, rapid content creation, distribution through local news websites, educational resources for leveraging AI, AI-enhanced social media tools, and next-generation website optimization [5].
Lee Enterprises’ Amplified Digital Agency Launches Expansive Suite of AI Solutions to Serve Local Businesses
Globenewswire· 2025-03-18 13:50
Core Insights - Lee Enterprises has launched a suite of AI-powered solutions called AmplifiedDigital.AI aimed at supporting local businesses in enhancing operations and customer connections in a digital marketplace [1][2][3] Group 1: AI Solutions Overview - The AI solutions are designed to provide local businesses with essential tools for success, including data-driven insights and personalized marketing capabilities [2] - The first product, A.I. Enablement, focuses on transforming businesses through various features [2][3] Group 2: Support for Local Businesses - The launch emphasizes Lee Enterprises' commitment to fostering economic growth and supporting local entrepreneurs by addressing marketing inefficiencies and customer engagement challenges [3][4] - The company aims to create opportunities and drive results for local businesses, which are considered the backbone of communities [4] Group 3: Features of AI Solutions - A.I. Visibility enhances visibility in top-performing AI search engines, ensuring content is indexed and featured prominently [5] - Content Creation allows for the generation of sponsored articles in seconds [5] - Content Distribution utilizes Lee's local news websites and other AI engines for effective outreach [5] - Education is provided through a comprehensive library to leverage AI for business growth [5] - AI Social offers AI-enhanced social media tools [5] - SmartSites.AI represents a next-generation approach to website optimization [5]
LEE ENTERPRISES PARTNERS WITH GARY VAYNERCHUK'S VEEFRIENDS TO PRODUCE EXCLUSIVE WEEKLY COMICS
Newsfilter· 2025-02-20 17:45
Core Insights - Lee Enterprises Inc has partnered with VeeFriends to produce original comics that will be published weekly in its publications, marking a significant content expansion strategy [1][5] - VeeFriends, created by Gary Vaynerchuk, features a universe of 251 characters aimed at connecting with audiences through storytelling and positivity [2][6] - The comics will debut on February 23 and will include characters like Brave Bison and Empathy Elephant, designed to inspire and entertain readers [3][6] Company Strategy - Lee Enterprises is enhancing reader experiences through strategic content partnerships, with this collaboration being a key example of delivering premium content [5][6] - The partnership aims to engage audiences by integrating interactive elements, such as live drawing events and a Readers' Choice feature for fan contributions [4][6] Industry Context - The collaboration reflects a growing trend in the media industry to incorporate diverse content formats, such as comics, to attract and retain subscribers [5][6] - VeeFriends' focus on community-driven experiences and storytelling aligns with current consumer preferences for engaging and relatable content [2][7]