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Average Units (1) Primary Website Location Daily (2) Sunday Magic Valley Group The Times-News magicvalley.com Twin Falls, ID 14,455 12,797 Elko Daily Free Press elkodaily.com Elko, NV 3,218 — globegazette.com Mason City, IA 9,668 11,995 Santa Maria Times (3) santamariatimes.com Santa Maria, CA 7,784 11,971 The Daily News tdn.com Longview, WA 13,498 11,194 (3) napavalleyregister.com Napa, CA 8,519 8,881 (3) azdailysun.com Flagstaff, AZ 6,411 (6) 7,687 The Citizen auburnpub.com Auburn, NY 5,620 7,148 thetandd.com Orangeburg, SC 6,460 6,995 The Sentinel cumberlink.com Carlisle, PA 6,780 (6) — The World (3) theworldlink.com Coos Bay, OR 4,473 — The Sentinel (3) hanfordsentinel.com Hanford, CA 4,575 — The Ledger Independent maysville-online.com Maysville, KY 3,773 — (3) dailyjournalonline.com Park Hills, MO 3,654 (6) — 787,655 1,129,677

(1) Source: AAM: September 2017 Quarterly Executive Summary Data Report, unless otherwise noted. (2) Not all are published Monday through Saturday (3) Owned by Pulitzer, Inc. (4) Owned by MNI. (5) Owned by Star Publishing and published through TNI. (6) Source: Company statistics.

NEWSPRINT

The raw material of newspapers, and our other print publications, is newsprint. We purchase newsprint from U.S. and Canadian producers. We believe we will continue to receive a supply of newsprint adequate for our needs and consider our relationships with newsprint producers to be good. Newsprint purchase prices can be volatile and fluctuate based upon factors that include foreign currency exchange rates and both foreign and domestic production capacity and consumption. Price fluctuations can effect our results of operations. We have not entered into derivative contracts for newsprint. For the quantitative impacts of these fluctuations, see Item 7A, “Quantitative and Qualitative Disclosures about Market Risk”, included herein.

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