#DavidHoffmann is investing in #localnewspapers, aiming to save them by focusing on #profitability and #hyperlocal. He owns 42 titles and a controlling stake in #LeeEnterprises, implementing strategies like consolidating payroll, sharing services, and pivoting to paywalls. https://www.forbes.com/sites/luisakroll/2026/04/05/this-billionaire-david-hoffmann-wants-to-save-americas-newspapers-he-thinks-hes-found-a-way/?eicker.news #tech #media #news
