Posted on 12/02/2005 8:14:27 AM PST by LdSentinal
Tribune Co. on Friday said November revenue fell 3.9 percent as advertising sales declined and publishing revenue was hurt by the impact of Hurricane Wilma in Florida.
The publisher of the Los Angeles Times, Chicago Tribune and Newsday said total monthly revenue fell to $437 million from $455 million last year. Publishing revenue slid 2.7 percent to $330 million, with Hurricane Wilma contributing about $4 million of the decline. Ad revenue fell 2.4 percent to $263 million from $269 million a year earlier.
Tribune said revenue from retail ads declined 3.3 percent and national ad revenue dropped 6 percent, while classified ad revenue rose 1.6 percent. Circulation revenue fell 5.1 percent mainly from lower volume at most of its newspapers, some higher discounting and the hurricane impact.
Broadcasting and entertainment revenue dropped 7.7 percent to $107 million, with TV revenue down 8.6 percent on soft ad revenue in most markets, the company said.
All sectors of the US economy are humming except for the Old MSM.
Does that tell us something?
Loosing money? TRY THE TRUTH !
Tired of paying commie journalists to lie to you?
Boycotts Work....
It's nice to end the week with good news.
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