DallasNews Corporation, established by Alfred H. Belo in 1885, is the parent company of The Dallas Morning News, the 14th-largest newspaper in the United States. Through its print and digital platforms, the publication reaches an active monthly audience of over 12 million people.
HF Companies remains steadfast in its commitment to local media. Recently, the company reported that it is the second largest shareholder in Lee Enterprises Inc. (Lee) and is holding a 9.94% ownership stake. HF Companies has publicly stated its intention to continue acquiring shares in both Lee and DallasNews Corporation as favorable market conditions arise.
“We are excited to deepen our investment in DallasNews Corporation and support their management team as they continue to drive new opportunities for growth and innovation,” stated David Hoffmann, Chairman of HF Companies. “Through our investment in media, we continue to publicly share our belief in the vital role trusted news sources play in our communities.”
In addition to its investments in Lee and DallasNews Corporation, HF Companies owns Hoffmann Media Group, a privately held media firm with a portfolio of 20 news-related properties across the United States.
About Hoffmann Family of Companies
Hoffmann Family of Companies is a multi-vertical, family-owned private equity firm consisting of over 120 global brands, and employs 16,000 employees with businesses located in 30 countries and 400 locations around the world. Hoffmann Family of Companies’ verticals include Aviation, Agriculture, Financial Services, Hospitality, Business & Professional Services, Industrial, Manufacturing, Marine, Media & Marketing, Real Estate, and Transportation.
About Hoffmann Media Group
Hoffmann Media Group, a privately held media company based in Southwest Florida, publishes a variety of print, online, mobile, and email publications. Over the past 15 years, our writers, designers and ad builders have earned over 200 awards from the Florida Press Association, Society of Professional Journalists and Florida Newspaper Advertising and Marketing Executives Association. The Florida Press Association has recognized us as the best in the state for content, consumer experiences and advertising services. Our flagship brands, including 20 newspapers, magazines and media investments, serve over 30 markets, offering premier digital advertising services, newspapers, and magazines across Florida, California, Michigan and beyond. For more information, visit www.hoffmannmediagroup.com.