The Motley Fool is reporting today that Lee Enterprises, publisher of the Billings Gazette, as a member of the “specialist media,” “will be better positioned than their generalist peers to survive and even thrive in the new media landscape.” This could be good news for investors, the Motley Fool’s audience, but it remains to be seen whether readers of Lee Enterprise-owned newspapers and the people who work for them will see any benefits if Lee does outperform its “generalist peers.” So, how does Lee Enterprises qualify as a “specialist” media company anyway? Quoth the Fool: “Lee Enterprises is a publisher specializing in community newspapers that are focused on mid-sized to small markets. Community newspapers belong to a specialized category with unique characteristics.” Continue Reading →
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