Lee Enterprises Inc. (The Bottom Line)

Business Record (Des Moines), April, 2003

As of Sept. 30,2002, Lee Enterprises Inc., either through sole ownership or its 50 percent stake in Capital Newspapers, operated 44 daily newspapers in 18 states, mostly in the Midwest and Pacific Northwest, plus more than 175 weekly newspapers and classified and specialty publications. The daily newspapers had an average daily paid circulation of 1.126 million and an average paid Sunday circulation of 1.202 million during the six months ending September 2002. The company also operated Web sites associated with its publications and owned 81 percent of a company that provides Web infrastructure to more than 650 small daily and weekly publications and shoppers. In addition, it provided commercial printing services through several of its newspapers and through 11 stand-alone...