Tribune Doubles Down
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The media giant more than doubles the charge it will take to cope with its infamous circulation inflation.
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2004 didn't turn out as Tribune expected, but the company may be barking up the wrong tree as it seeks to bolster results.
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Tribune Co , which is going private in an $8.2 billion deal led by Chicago real estate tycoon Sam Zell, on Wednesday reported lower quarterly profit and revenue as advertising sales fell at its newspapers.
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The embattled Tribune Co., which has put its 11 newspapers and 25 television stations up for sale, is not ready to consider bids for individual properties, the company said in an e-mail exchange with a Baltimore investor group.
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The New York Times Co. said November advertising revenue declined 3.8 percent. Total company revenue, excluding TV stations up for sale, declined 1.7 percent to $278.5 million, the publisher said. The drop reflects the industry's continued loss of advertisers to other media. Ad sales at the New England Media Group, led by The Boston Globe, slid 11 percent to $36 ...
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Tribune Co. TRB.N on Thursday said  quarterly profit slumped 32 percent, hurt by costs to reimburse  advertisers after a circulation scandal at two of its  newspapers and an uneven advertising market.
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Tribune Co.  completed a tender offer for half its shares, but the media company had to agree to difficult borrowing terms, the Wall Street Journal reported on its Web site on Friday.
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Who knows what&#8217;s going to happen to the Tribune Company (as it tries to sell itself). But for the time being it has taken a good step (about time) in starting to leverage Topix.net&#8217;s numerous strengths. As you may remember, Tribune, Gannett and KnightRidder (now McClatchy) bought a 75% stake in Topix in March of [...]
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By Michael Oneal and Phil Rosenthal, Chicago Tribune  Sep. 20--As the Tribune Co.
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Tribune Co.  shares have been trading significantly below the price offered in an $8.2 billion buyout of the media company led by Chicago real estate magnate Sam Zell, a sign of nervousness over whether the deal will be completed.
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Media group Tribune Co.'s   special committee will meet again on Saturday to evaluate  alternatives that could split up the company or take it  private, a source familiar with the situation said on Friday.
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The newspaper publisher and television station operator said third-quarter profit fell to $2.5 million as ad revenue slumped.
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The newspaper publisher and television station operator said fourth-quarter profit dropped 70 percent, hurt by a write-down and less political advertising revenue.
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Tribune Co , which is going private in an $8.2 billion deal led by Chicago real estate tycoon Sam Zell, on Wednesday reported lower quarterly profit and revenue as newspaper advertising sales fell.
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Newspaper and television station owner  Tribune Co. TRB.N on Wednesday said third-quarter earnings  would lag Wall Street estimates because of lower-than-expected  publishing and broadcasting revenue.
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The Boston Globe and The Worcester Telegram & Gazette have suffered from sluggish advertising and a migration of readers to the Internet.
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Newspaper publisher Tribune Co. , embroiled in a scandal over inflated circulation figures, on Friday further cut circulation numbers at two New York newspapers and said it will take a charge of as much as &#36;60 million.