THE LA TIMES GOES DOWN, DOWN, DOWN

Michelle Malkin · ^ | January 19, 2006 | Michelle Malkin ·

[george76]

Bad news tonight for Tribune Company shareholders:

Shares in Tribune Co. tumbled Thursday after the media company reported a 6.1% drop in revenue last month on declines in both its newspaper and television businesses.

Tribune, whose holdings include 26 television stations, 11 urban U.S. dailies and Spanish-language Hoy, said December revenue fell to $539 million from $574 million a year earlier.

The company's stock fell $1.01, or 3.2%, to $30.80 in afternoon trading on the New York Stock Exchange. Tribune shares sank 28% in 2005.

Advertising revenue in the publishing division fell 4.5%to $333 million, down from $349 million.

The decline included a 5.2% decrease in retail ad revenue and a 9.6% decline in national ad revenue, mainly at the Los Angeles Times.

[george76]

[SaxxonWoods]

I've got it. We all send in checks in to open subscriptions, and then stop payment and cancel.

Frazzle city.

[george76]

"Today's poor earning report follows several previous reports of declining circulation at the LA Times."

Memo to Tribune officers:

"shoving liberalism down your readers' throats is not a good business straetgy."

http://patterico.com/2005/12/31/4057/pattericos-los-angeles-dog-trainer-year-in-review-2005/

[TChad]

They dropped Robert Scheer and everything just went to hell.

[Reactionary]

What's the use? People who write for newspapers all have the same opinions, anyway. They all think alike; they write alike. There aren't very many of them who are, in any sense, interesting. They're smug little clones.

I can find a greater variety of thought and opinion on the Internet. Newspapers are just boring.

[goodnesswins]

Perfect graph of what LIBERALISM does to a person, city, county, state, country......

[jazusamo]

Looks like when the schnoz Streisand jerked her subscription, it hurt them more than anyone anticipated.

[dsc]

Well, it couldn't happen to a nicer pack of moral lepers.

[yarddog]

Couldn't happen to nicer people. Weren't they the ones who sued FR?

[Shortstop7]

Lol.....i had forgotten about that.......

Good riddance LA Times!

[US_MilitaryRules]

I sent in their empty postage paid envelope today!

[US_MilitaryRules]

Also time to short this POS!

[LowOiL]

A month old Wall Street Journal is better than having tommorrows LA Times.

[nightdriver]

"The decline included a 5.2% decrease in retail ad revenue and a 9.6% decline in national ad revenue, mainly at the Los Angeles Times."

Maybe they will rememdy it the liberal way and jack up their ad prices to cover the shortfall.

Well, that's the way gubm'nt-operated businesses do, (post office, rapid transit systems, etc) isn't it?

[GOPJ]

bump

[george76]

How low can they go ?

[SevenofNine]

YUP that one that sue FR both LA Times and Wash Post NICE GOIN LA TIMES

[Youngman442002]

Go Internet GO..we are WINNING

[Lancey Howard]

Shares in Tribune Co. tumbled Thursday after the media company reported a 6.1% drop in revenue last month on declines in both its newspaper and television businesses.

This probably has something to do with being scared into reporting honest circulation numbers. Democrat newspapers like the LA Times NEVER find it easy to tell the truth. Surprise, surprise. I wish these "old media" Democrat newspapers and networks would just hurry up and die. They have already done enough damage to this country over the decades.

[george76]

[bray]

Who said that the Stone Age Press only reports Bad News?? The New Press Rules!!

Pray for W and Our Freedom Fighters

[george76]

[phoenix0468]

We need to do that to the NY Times as well.

[phoenix0468]

Kill them 32 cents at a time. That's great!!

[Boundless]

> This probably has something to do with being scared
> into reporting honest circulation numbers.

Sarbanes-Oxley perhaps? Or just that they've been caught
out before with inflated figures?

Whatever, at some point the advertisers will finally
notice, and an accelerating death spiral will be evident.

This report could be the tipping point.

[george76]

[skikvt]

Yep. I often enjoy reading the old media in the horse and buggy on the way to work. Sometimes I even like to catch up on the farm report when the telegraph machine stops its incessant tapping fer a spell. Uh-yep...

Looks like that Roosavelt fellahs been a chargin up San Juan hill again...

uh-yep.

[onedoug]

Don't read it. Won't read it.

[phoenix0468]

Yeah, keep doing what your doing LA Times, and pretty soon you'll do no more.

[VeniVidiVici]

Now THAT is funny!

[george76]

mainly at the Los Angeles Times...

[george76]

LA TIMES EDITORS ARRIVE AT NATIONAL MEDIA CONVENTION

[Wiseghy]

I keep recalling how some NY Times guy was gripping on Jon Stewart about (conservative) "people only wanting to have their own views affirmed", and how the Times would never (demean themselves and) do THAT!

Talk about a group of folks who just don't get it...shocking, really.

[bybybill]

The have raised ad rates and continue to be unable to atract and keep readers. It`s all Bush`s fault

[Bob]

We need to do that to the NY Times as well.

Their charts look similar. :=)

Two year NYT stock chart

[seastay]

One problem with this report is that it doesn’t separate the growth of their sister paper Spanish language Hoy.

With illegal immigrant readership rising, and with decline in US citizen readership, it not much of a leap where they will be investing in the future. The liberal socialist tone of the paper is just a reflection of what they think their true audience wants. They have right to print in Spanish, but studies can show that more than 50% of those who do read Spanish’s dailies are illegal immigrants who don’t have any allegiance to this country . Therefore LA times company above and beyond its liberal policies are handing over LA to Mexican socialists for it own pocketbook.

---

Hoy Readership Increases 27% in Los Angeles
Wednesday October 12, 2005
Double-digit audience growth continues in all markets for the only national Spanish-language newspaper

---

CHICAGO, Oct. 12 /PRNewswire-FirstCall/ -- Hoy, the nation's leading Spanish-language newspaper, with daily editions in New York, Los Angeles and Chicago, today released new Scarborough numbers that report its Los Angeles daily readership increased by 27 percent for the most recent six-month 2005 measurement period. For the entire 12-month period, readership averaged 176,300 per issue and 420,100 per week.
"These are terrific numbers for a newspaper that has been in the market for only 18 months," said Gisselle Acevedo-Franco, President and General Manager of Hoy Los Angeles. "It reflects Hoy's strong connection to the needs and interests of Los Angeles area Latinos."

Hoy's readership is on a fast growth pace in all three of its markets. In addition to the increase in Los Angeles, Hoy's New York and Chicago editions earlier this year reported large increases in readership. Hoy New York improved its average daily readership by 21 percent year over year. (Scarborough New York Hispanic Custom Study) Chicago reported an even stronger readership growth with numbers showing a 39 percent increase in daily readership for the first six months of 2005 over the same time period of the previous year. (Gallup Poll of Media Usage-Chi©2005)

"Hoy is seeing a steady and strong trend in readership growth," stated Digby Solomon Diez, Hoy Publisher. "We are gaining new readers daily by providing Spanish-dominant Latinos with the content they want most and distributing the paper in highly targeted areas."

Hoy is the country's only national Spanish language daily, with an average issue readership over 525,000 and a net average daily distribution of more than 165,000 copies across its NY, LA and Chicago Editions. Hoy is published by Tribune Company (NYSE: TRB - News), one of the country's top media companies, operating businesses in broadcasting and publishing. Tribune reaches more than 80 percent of U.S. households and is the only media company with television stations, newspapers and websites in the nation's top three markets. Visit

[george76]

Liberals that I know, never, ever get it.

They stare so hard at one tree...they never see the forest.

They rarely can even see two or three trees at once.

[Dustbunny]

Wonder why the MSM cannot realize that most people are not interested in paying to read liberal/socialist lies.

[cricket]

Perfect graph of what LIBERALISM does to a person, city, county, state, country.....

Great analogy. . .and so true. . .

NOTHING good, comes from an ideology which is premised against against the individual.

When Libs go up. . .the good, go down.

[cgk]

Malkin ping!

(Photo credit: link provided by FReeper GordonGekko909 :D)

Please FReepmail me if you would like to be added to, or removed from, the Michelle Malkin ping list!

[SaxxonWoods]

Freep these papers! That would be hilarious, hundreds of subscriptions started and cancelled at the NYT and LAT.

The more I think about this, the better I like the idea.

[nutmeg]

ping!

Please FReepmail me if you want on or off my ‘miscellaneous’ ping list.

[kpp_kpp]

no wonder the media can't report on the booming economy... they've only been looking at their own stocks.

[george76]

Because they are liberals...?

The elite reporters will never get it.

The stock holders do get it....

the stock prices are dropping because paid circulation is way down, real ad rates are way down, and who is paying for internet access to these clowns ?

[nutmeg]

Michelle Malkin ping!

[ajolympian2004]

Thanks!

[george76]

[RunningWolf]

Okay turn my clock back 20 years or so!

Wolf

[Jeff Gordon]

Die, liberal media, die!