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Daily Star parent reports $1.5 million 3Q loss

Lee Enterprises, the troubled parent company of the Arizona Daily Star and about 50 other newspapers, reported a $1.5 million third-quarter loss, lower than last year's 3Q loss of $155 million. But the company's revenues fell 4.3 percent, and employment was down 7.5 percent.

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4 comments on this story

1
1770 comments
Jul 18, 2012, 10:20 am
-0 +1

Wow…when a $1.1M quarterly loss sounds like good news, you know the place is in trouble. Doesn’t exactly make me want to spend my investment budget purchasing shares of Lee Enterprises.

I say you reap what you sow. But, when they shut down, they’ll just blame the internet just like the Citizen did, and the monkeys who run the place will learn absolutely zero life lessons from the experience.

2
197 comments
Jul 18, 2012, 2:58 pm
-0 +1

Didn’t Mary Junck get a nice fat raise earlier this year?

Why do Star print product customers have to send their subscription renewals to a PO Box in Los Angeles? (I refuse to give them my credit card, they can just bill me.)

3
1770 comments
Jul 18, 2012, 3:50 pm
-0 +1

Star subscribers?

4
556 comments
Jul 18, 2012, 7:42 pm
-0 +1

@EllieMae

Junck was granted a $500,000 bonus after Lee exited bankruptcy.

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