David Hoffmann Revives Local Journalism | Charlottesville News

David Hoffmann, billionaire chairman of Lee Enterprises, is betting big on local newspapers—acquiring dozens and revitalizing over a hundred more—despite industry collapse, driven by his belief that print is the heartbeat of community. Rising from humble Missouri roots as the son of a milkman and waitress, Hoffmann turned adversity into an empire of 127 companies, including the Pittsburgh Penguins. His love for local journalism began in childhood, when reading his hometown paper kept him connected. Now, he’s pouring capital into newsrooms, launching uplifting initiatives like “The Bright Side,” and slashing debt—proving print isn’t dead, just evolving. With the Horatio Alger Award in hand, Hoffmann is on a mission to save local journalism, calling it more vital than ever. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/5e9b792a12004b76