Media & Publishing — Lee Enterprises adds reporters under new billionaire chairman while Axios proves less-is-more strategy works; OpenAI rapidly expands ad platform internationally

Media & Publishing · 2026-05-07

TODAY'S SIGNAL — The media industry is visibly bifurcating between two viable strategies: invest in people or invest in precision. Lee Enterprises, after years of cuts, is adding reporters under billionaire David Hoffmann's new ownership — a rare reversal for a legacy newspaper chain. Simultaneously, Axios cut output 22% but grew page views 30%, validating that disciplined editorial strategy can…