#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
How This Billionaire Plans To Save The Nation's Local Newspapers

In just four years, David Hoffmann has gained control of 131 publications including the Aspen Daily News and the St. Louis Post- Dispatch. Now he shares his plans.

Forbes