, also announced they
would be selling off 12 of the Knight Ridder papers, including
some of their
largest properties in Philadelphia and San Jose.
More than 100 NABJ members
are employed by Knight Ridder -- from papers as
small as the Duluth (Minn. "As
publishers of
community newspapers, we are in an ideal position to host and
lead the local conversation and information
exchange in the communities where
we publish. "We felt a need to move beyond simple platform
shift
with our newspaper classifieds and display advertising," said Kempf. $23,722 $23,704 0.8)
Real estate.5
----------------------------------------------------------------------
Total classified
revenue... 10,363 10,476 (1.. 49 48 2.. 997 924 7.9 6,508
6,015 8.. (MNI).
newsworthy counts
The venture will launch first with news and citizen journalism in
Plymouth
, MA with Wicked Local Plymouth (http://www..0
Classified:
Daily newspapers:
Employment
.....9
----------------------------------------------------------------------
Total same property
operating revenue.. $59,280 $57,500 3.4%
======================================================================
DAILY NEWSPAPER ADVERTISING VOLUME
April
Year to Date
----------------------------------------------------------------
------
(Thousands of
Inches) 2005 2004 % 2005 2004 %
--
--------------------------------------------------------------------
Retail.
(3) Same property
comparisons exclude acquisitions and divestitures
made in the current and prior year.
(4)
The Company's fiscal year ends on September 30.
newspaper cpf
"People are looking for a central source
where they can find all the news they want, how they want it," said Wicked
Local online editor
Courtney Hollands. "Wicked Local satisfies the
ever-changing appetite of today's news readers."
Wicked Local is the most recent venture of rapidly growing Enterprise
NewsMedia, the South of
Boston region's leading local media company. The boards of
directors of both companies have unanimously
approved the transaction.6 12,474 10,664 17... 16,088 15,161 6.4 301,703 286,848 5
....
The Private Securities Litigation Reform Act of 1995 provides a
"Safe Harbor" for
forward-looking statements.gipp publishers
It marries professional journalism
with citizen journalism
in a way that will gain and sustain audience
traction," said Bob Kempf, vice president of interactive
media.4 percent in April compared with a year ago...........newsweeklies counts
"Not only will this product deepen our
reach within the region we currently
serve, but it's been developed as a platform for 'wicked' expansion
.
Business Editors
DAVENPORT, Iowa----Lee Enterprises,
Incorporated (NYSE:LEE), reported
today that same property advertising
revenue increased 3.7 percent...6
Online.7 7,881
5,932 32....123 advertisers
The two companies are
known for excellence in journalism -- in print and online.wickedlocalplymouth
.
Total same property operating revenue increased 2. Pulitzer's 14
daily newspapers include the
St. 3,266 2,693 21.6
Other publications 2,951 2,987 (1.... 43,757 42,327 3
.... The year to date had one more Saturday and one
fewer Wednesday and Thursday than the prior
period.
(2) Certain amounts as previously reported have been reclassified
to conform with
the current period presentation.mpa ona
"
According to a Knight Foundation analysis of newspaper industry
diversity
numbers, McClatchy had the third best representation of journalists of color
among their
staffs, behind Gannett and Knight Ridder.
"Wicked Local is integrated in nature. Lee stock is
traded on the New York Stock
Exchange under the symbol LEE.. 58,055 56,804 2... Readers are
cautioned not to place undue reliance on such
forward-looking statements, which are made as of the
date of this
release.newsweeklies gipp
This release may be viewed online at: http://www. Niche
publication
revenue decreased 7.5 percent on
Sunday. 4,400 3,759 17........ 1,894 1,862 1.circulation mpa
" Wicked
Local Search is
powered by Planet Discover, a search technology company.
On a same property(3
) basis, which excludes the impact of
acquisitions and divestitures made in the current or prior year
,
retail advertising revenue increased 0. More information about Lee is available
at www......
2
----------------------------------------------------------------------
Total, same
property
.publishers newspaper
WASHINGTON, The National Association of Black
Journalists is monitoring the impact on its members
working for Knight Ridder
newspapers, as employees learned Monday that the nation's second-largest
newspaper group would be acquired by the McClatchy Company in a cash and stock
deal worth about
$4.
"McClatchy has been recognized as an industry leader in diversity and NABJ
hopes that
record will only continue to improve," said Ernie Suggs, NABJ vice
president/print and a reporter
at the Atlanta Journal-Constitution.1
percent, automotive down 1.
As reported in the latest Fas
-Fax reports from the Audit Bureau of
Circulations for the six-month period ended March 31, 2005,
year-over-year same property circulation volume at Lee newspapers
declined 1. 1,598 1,407
13....... Same
property comparisons also exclude corporate office costs.bimonthly fairness
) News Tribune to as
large as the Philadelphia
Inquirer and San Jose Mercury News. "However,
if we begin to see any
erosion in that commitment, we will be there to put
them on notice. The company is planning to expand
the
network in the market over the next two years."
Wicked Local Search provides the venture
's advertising support with a
distinct focus on paid search.Lee Enterprises Ad Revenue Increases 3
.4% in April
3 percent,
other newspaper classified categories down 8.6 percent daily and 1. "Although
our newspapers have an unrivaled position in our
markets and although our reach is growing through
our websites and
specialty publications, we have set our sights on resuming our streak
of good
circulation report cards. 3,456 3,522 (1...8) 6,559 6,210 5..9
------------------
----------------------------------------------------
Total advertising
revenue.4
Online services
and
other.8)%
National.. Same property revenue also
excludes revenue of Madison Newspapers
, Inc. Among such risks,
trends and other uncertainties are changes in advertising demand,
newsprint
prices, interest rates, labor costs, legislative and
regulatory rulings and other results of operations
or financial
conditions, difficulties in integration of acquired businesses or
maintaining employee
and customer relationships and increased capital
and other costs.nni mfpa
com/press
..7
Niche
publications..2) 12,078 11,571 4.. 1,225 696 NM 9,356 2,956 NM
------
----------------------------------------------------------------
Total operating
revenue...7%
12,978 12,642 2.advertisers fairness
.. 1,338 958 39.2
Circulation...newspapers ona
Both Knight Ridder and McClatchy
have enjoyed strong relationships with
NABJ, through programs, financial support and through the
efforts within both
companies to support the participation of their employees in the organization
,
said Suggs.com and publishes the Plymouth Guide for tourists.1 percent, with employment up 17..
......2 402,703 387,872 3.8
Acquisitions +
divestitures... 848 890 (4..123 gipp
Two senior
members are also on their
corporate staff -- former NABJ board member Larry Olmstead is vice president
for staff development and diversity, and NABJ president Bryan Monroe is
assistant vice president
for news. It is unclear what will happen to those at
the papers being sold or on the corporate staff
. Former NABJ president Will Sutton was a senior editor at
McClatchy's (Raleigh) News and Observer
and the current NABJ executive board
has four members working at Knight Ridder properties.
Enterprise NewsMedia, publishers of the Patriot Ledger, The Enterprise and
23 community newspapers
in the Boston area, sees Wicked Local as an integral
part of its overall audience development strategy
. "We envision a seamless
network of communities being served by Wicked Local," said CEO Kirk Davis
.4 percent, and classified
in non-daily publications down 1.
The transaction is subject to customary
closing conditions and
approval by Pulitzer shareholders..0
Automotive.3 20,752 18,712
10.....verified newsweeklies
com)
and with local search throughout the Boston region with Wicked Local Search
(http:
//www.2 percent.1 percent.net
On Jan.
LEE ENTERPRISES, INCORPORATED
Revenue and Statistical Summary
(Unaudited)
OPERATING REVENUE
April
Year to Date
----------------------------------------------------------------------
(Thousands) 2005 2004 % 2005 2004 %
----------------------------
------------------------------------------
Advertising revenue:
Retail...1 102,469 96,932
5........nni verified
"It is our hope that that commitment expands with this historic
acquisition,"
said Suggs.0 percent, and total operating revenue
increased 3."
Tables follow. 30, 2005, Lee
and Pulitzer Inc.............. Lee owns 50%
of the capital stock of MNI, which for financial
reporting
purposes is reported using the equity method of accounting.123 verified
com). This is
a transformational
step for our company and we're very excited about it.....5 15,004 13,650 9..1 338
319 6.ccna 123
5 billion.
"We've taken that content and integrated it with listings aggregated from
other
sources in order to provide our readers with a truly comprehensive local
search engine. As a result
we can offer advertisers a range of effective
upsell and paid search options around that content
. The
company's Plymouth-based Memorial Press Group has expanded the weekly and
bi-weekly community
newspaper portfolio, closing on the acquisition of the 12
Associated and Independent newspapers earlier
this month. Enterprise NewsMedia
operates SouthofBoston. Circulation revenue decreased 1.8 percent
on Sunday, compared with an
industry average of minus 1...1% $172,320 $167,110 3..1 27,407
23,617 16.. 2,015 2,200 (8.2) 18,525 18,256 1..5)
Commercial printing 1,770
1,929 (8.7)% 6,132 6,308 (2...7%
======================================================================
NOTES:
(1) The month had one more Saturday and one fewer Thursday than
the prior
period.
(5) The Company disclaims responsibility for updating information
beyond the release
date. This release contains
information that may be deemed forward-looking and that is based
largely
on the Company's current expectations and is subject to
certain risks, trends and uncertainties that
could cause actual
results to differ materially from those anticipated.nni bimonthly
1 percent.
"Circulation
and readership continue to be both a high priority
and strength in Lee," said Mary Junck, chairman
and chief executive
officer.
Lee Enterprises operates 44 daily newspapers in 19 states, along
with associated online services, and 200 weekly newspapers, shoppers
and specialty publications
.lee....4) 13,248 13,167 0.....0
Classified.gipp enpa
Wicked Local Breaks New Ground - Media Site Integrates
News Citizen Journalism and Local Search
QUINCY, Mass. We are also staying fully focused on
revenue and online growth, strong local news and careful cost
controls.. 1,011 1,097 (7
.......mpa gipp
"
In addition to professional journalism from the company's print
publications, Wicked
Local will provide in-depth community information,
easy-to-use tools for readers to contribute news
and photos and opinions,
blogs from staffers, and much more.1 percent.2 percent.
Including the
effect of acquisitions and divestitures, total
advertising revenue increased 5. Louis Post-Dispatch
.......advertisers mpa
NABJ Scrutinizing Sale of Knight Ridder to McClatchy Concerned About Impact on Members
McClatchy, with headquarters in Sacramento, Calif.wickedlocal. Classified
advertising revenue
increased 6. (NYSE:PTZ) announced that
they have entered into a definitive agreement for Lee to acquire
all
of Pulitzer's capital stock for a cash purchase price of $64 per
share, with enterprise value
totaling $1. The transaction is expected to
close by the end of the second calendar quarter of 2005
......1) 73,918 75,803 (2.1% $412,059 $390,828 5.. The prior period
has been restated for
comparative purposes, and the
reclassifications have no impact on earnings. The words "may,"
"will," "would," "could,"
"believes," "expects," "anticipates," "intends," "plans," "projects,"
"considers" and similar expressions generally identify forward-looking
statements. The Company does
not publicly undertake to update or revise
its forward-looking statements.advertisers scpa
, Enterprise NewsMedia
, LLC today
announced the launch of Wicked Local, a network of hyper-local websites that
will draw
news content from affiliate newspapers, offer a robust platform for
citizen journalism and provide
a comprehensive local search resource.9 percent, real estate up 21.6 percent.8 percent due primarily
to the loss of
a larger publication in one market, and online advertising revenue
increased 39
.9 percent daily and minus 2.46 billion.1%
National.... 2,165 2,072 4..inma verified
wickedlocalsearch
. National advertising
revenue, a small category for Lee, increased 13....9) 22,537 23,180 (2
.9
All other........123 mfpa
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