LEE LEE ENTERPRISES INC

Lee Enterprises and Perplexity Partner to Revolutionize Local News with AI Innovation

Lee Enterprises and Perplexity Partner to Revolutionize Local News with AI Innovation

DAVENPORT, Iowa, Dec. 06, 2024 (GLOBE NEWSWIRE) -- Lee Enterprises, Inc. (NASDAQ: LEE), a leading provider of trusted local journalism across the United States, has announced a partnership with Perplexity, the AI search engine, through the company’s Publishers’ Program. This collaboration underscores Lee’s commitment to advancing local journalism by integrating innovative AI solutions that enhance content delivery, deepen audience engagement, and create new revenue opportunities.

By leveraging Perplexity’s advanced AI capabilities, Lee aims to redefine how communities interact with local news and advertising, offering personalized content experiences and opening new avenues for local businesses to connect with their audiences.

Unlocking the Potential of AI for Local Journalism

The partnership between Lee Enterprises and Perplexity focuses on two key initiatives:

  • Advertising Innovation: Utilizing AI technology to empower local businesses with data-driven advertising solutions, optimizing their reach, and ensuring campaigns resonate with community needs.
  • Future-Ready Strategies: Collaborating on scalable innovations to strengthen local journalism, explore new content monetization opportunities, and support advertisers in an evolving digital landscape.

Innovation with Integrity

“AI is reshaping the business models of industries around the world, and journalism is no exception,” said Kevin Mowbray, Chief Executive Officer at Lee Enterprises. “This partnership with Perplexity is a bold step forward in embracing change. By integrating AI into our operations, we’re excited to transform how we deliver news, support our advertisers, and engage with readers in ways that were never possible before. This is about creating a future where trusted local journalism thrives in the digital age.”

Dmitry Shevelenko, Chief Business Officer at Perplexity, added, “We started our publisher program to develop strategic partnerships with news organizations whose content informs the questions people ask. We’re glad to welcome Lee Enterprises, whose media organizations span more than 70 US markets, as one of our newest members. We look forward to working with them to leverage our technology to power new reader-first experiences and to ensure a healthy and active information ecosystem.”

The Scale of Opportunity

The global AI market is projected to reach $500 billion by 2025, transforming industries worldwide, including media. Perplexity’s conversational AI search engine processes over 400 million queries per month, highlighting the vast potential to amplify the reach of Lee’s trusted journalism. This partnership positions Lee at the forefront of the AI-driven transformation in media, unlocking opportunities to expand its audience and diversify revenue streams.

About Lee Enterprises

Lee Enterprises, Inc. is a trusted local news provider serving 73 markets in 26 states. With a dedication to quality journalism and digital innovation, Lee delivers valuable content and advertising solutions to its communities and partners. For more information, visit .

About Perplexity

Perplexity is the conversational 'answer engine' that draws from credible sources in real time to answer users’ questions with in-line citations. Founded in 2022 by former members of OpenAI, Meta, Quora, Bing, and Databricks, the company's mission is to serve the world's curiosity by bridging the gap between traditional search engines and AI-driven interfaces. Each week, Perplexity answers more than 100 million questions around the world. Perplexity is available online at  and on iOS, Mac, and Android.

Contact:



(563) 383-2100



EN
06/12/2024

Underlying

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on LEE ENTERPRISES INC

 PRESS RELEASE

Lee Enterprises Reports Strong First Quarter Results and Closing of St...

Lee Enterprises Reports Strong First Quarter Results and Closing of Strategic Investment Q1 Adjusted EBITDA(1) growth of $5M or 61% YOY$50M equity investment(2) enhances financial stabilityInterest rate on outstanding debt reduced to 5% from 9%(3) DAVENPORT, Iowa, Feb. 10, 2026 (GLOBE NEWSWIRE) -- Lee Enterprises, Incorporated (NASDAQ: LEE), a digital-first subscription platform providing high quality, trusted, local news, information and a major platform for advertising in 72 markets, today reported preliminary first quarter fiscal 2026 financial results(4) for the period ended Dece...

 PRESS RELEASE

Lee Enterprises and Hudl Partner to Expand Access to High School Sport...

Lee Enterprises and Hudl Partner to Expand Access to High School Sports, Connecting Fans, Athletes, and Coaches to Local Communities at Scale DAVENPORT, Iowa, Feb. 09, 2026 (GLOBE NEWSWIRE) -- Lee Enterprises and Hudl today announced a new content partnership that significantly expands access to high school sports coverage across Lee’s nationwide network of trusted local news brands, marking one of the largest collaborations in local sports media. Through this partnership, the two companies will work to bring high-quality high school sports video and storytelling across Lee Enterprise...

 PRESS RELEASE

Lee Enterprises Closes Strategic Investment, Welcomes David Hoffmann t...

Lee Enterprises Closes Strategic Investment, Welcomes David Hoffmann to Board DAVENPORT, Iowa, Feb. 05, 2026 (GLOBE NEWSWIRE) -- Lee Enterprises, Incorporated (the “Company” and Nasdaq: LEE) today announced that it has closed its previously announced $50 million strategic equity private placement. The investment was led by David Hoffmann (“Hoffmann”), with participation from other existing investors in the Company, providing the Company with committed capital and a strengthened financial and governance foundation as it moves into its next phase. The Company received $50 million of gross p...

 PRESS RELEASE

Lee Enterprises plans quarterly call and webcast February 10, 2026

Lee Enterprises plans quarterly call and webcast February 10, 2026 DAVENPORT, Iowa, Jan. 29, 2026 (GLOBE NEWSWIRE) -- Lee Enterprises, Incorporated (NASDAQ: LEE), a major subscription and advertising platform and a leading provider of high quality, trusted, local news and information in 72 markets, has scheduled an audio webcast and conference call for Tuesday, February 10, 2026, at 9 a.m. Central Time. Lee plans to issue a news release before the market opens that day with preliminary results for its quarter ended December 28, 2025. A live webcast of the conference call may be accessed...

 PRESS RELEASE

Lee Enterprises Announces Strategic Investment and Board-Led Transitio...

Lee Enterprises Announces Strategic Investment and Board-Led Transition DAVENPORT, Iowa, Dec. 30, 2025 (GLOBE NEWSWIRE) -- Lee Enterprises, Incorporated (the “Company” and Nasdaq: LEE) today announced that it has entered into a definitive stock purchase agreement for a $50 million strategic equity investment in the Company’s common stock. The investment is led by David Hoffmann (“Hoffmann”), with participation from other existing investors in the Company, providing the Company with committed capital and a strengthened financial and governance foundation as it moves into its next phase. U...

ResearchPool Subscriptions

Get the most out of your insights

Get in touch