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L.A. Times Drags on Tribune Revenue (200 *more* layoffs expected)
Los Angeles Business Journal ^ | 11/2/05 | ANNE RILEY-KATZ

Posted on 12/02/2005 5:52:30 PM PST by BurbankKarl

Tribune Co.’s November newspaper ad revenue fell 2.4 percent to $262.7 million, the company reported Friday, reflecting a 6 percent national advertising drop that was blamed on weak ad sales at the Los Angeles Times, the Chicago-based company’s largest paper.

The company’s total November revenue fell 3.9 percent, to $436.8 million, compared with the previous year.

Full-run ad volume at the Times tumbled 9 percent from November of last year. In addition to the Times and Newsday, Tribune owns its namesake paper in Chicago. The Times announced in mid-November that it planned to cut jobs throughout the newspaper, including about 85 of its newsroom positions.

Tribune’s local automotive-classified ads continued to slide, with revenue falling by 18 percent. Circulation revenue slipped 5.1 percent. Its interactive ad revenue jumped 36 percent, and the company saw a small 1.6 percent increase in classifieds.

Tribune’s stock, down 25 percent this year, fell 0.9 percent Friday, settling at $31.39.


TOPICS: Business/Economy; News/Current Events; US: California
KEYWORDS: biasmeanslayoffs; latimes; schadenfreude; wagesofmediabias
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To: All; yall

If they printed news instead of fiction, they might have a fighting chance. As it is... they're a waste of good trees that would otherwise be converting carbon dioxide to oxygen.


21 posted on 12/02/2005 6:47:37 PM PST by sionnsar (†trad-anglican.faithweb.com† || To Libs: You are failing to celebrate MY diversity! || Iran Azadi)
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To: Boundless
Print is dying. Lefty print is just dying faster.

Due to exponentially higher costs of pushing ink and paper molecules out to real space while New Media pushes electrons out to cyberspace.
22 posted on 12/02/2005 6:53:14 PM PST by Milhous (Sarcasm - the last refuge of an empty mind.)
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To: BurbankKarl

Gee, does that mean all those folks are going to have to go out and WORK for a living?! What a way to swell those republican ranks.


23 posted on 12/02/2005 6:55:11 PM PST by metmom (Welfare was never meant to be a career choice.)
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To: BurbankKarl

Thanks -- I'm interested in how the media demographics are developing. I can't believe the LAT allowed La Opinion out of its grasp. I figured that was its last port in this particular storm. The 'Times' they are a-changing.


24 posted on 12/02/2005 7:00:37 PM PST by Bernard Marx (Don't make the mistake of interpreting my Civility as Servility)
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To: BurbankKarl

bump


25 posted on 12/02/2005 7:04:19 PM PST by VOA
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To: BurbankKarl

How long before Babs (Barbra Streisand) buys hereself a newspaper? She is so upset with the way The Times is being run these days and she is so desperate to sway public opinion to her deluded way of thinking, it seems a natural turn of events.


26 posted on 12/02/2005 7:10:27 PM PST by Arizona Carolyn
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To: doug from upland
I used to rant at the Boston Globe when they called weekly until I realized they were putting me on the speaker phone for a laugh.

The last time I caught the sound of what seemed like a dozen people laughing at once in the background.

Now I just hang up.
27 posted on 12/02/2005 7:11:32 PM PST by mmercier (the cruel strength of the crushing world)
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To: mmercier

Sometimes when they call, I pull the same trick as I do on other solicitations. I tell them I'm glad they called and try to sell them a parcel of real estate. I ask for their social security number, bank reference, net worth, down payment, etc. It usually doesn't take them long to hang up on me.


28 posted on 12/02/2005 7:13:35 PM PST by doug from upland (The troops will come home when the mission is complete)
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To: randog

I have started emailing LA Times writers with my opinion after reading an article online.....and tell it like it is....a couple even respond back angrily.


29 posted on 12/02/2005 8:25:18 PM PST by BurbankKarl (NRA EPL)
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To: BurbankKarl

Yup, no more cherry-picking fawning letters-to-the-editor that reinforces their BS. I can't imagine the panic that's going on inside the newspaper offices.


30 posted on 12/02/2005 8:49:07 PM PST by randog (What the....?!)
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To: sionnsar

"If they printed news instead of fiction, they might have a fighting chance"


You mean like this???


LA Times' apology for altered war photo
LA Times ^ | LA Times

http://www.freerepublic.com/focus/f-news/883094/posts


31 posted on 12/02/2005 8:54:35 PM PST by Mo1 (Message to Democrats .... We do not surrender and run from a fight !!)
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To: Bernard Marx
"The 'Times' they are a-changing."

Zimmerman, is that you again?

32 posted on 12/02/2005 9:00:39 PM PST by blam
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To: BurbankKarl

Well then, the only prudent thing to do is print pictures of naked women. Language problem solved.


33 posted on 12/02/2005 9:00:41 PM PST by kylaka
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To: BurbankKarl

If the times were to fold and all the liberal writers and editors got released would anyone really care?
Hell I 'd think it would be a good thing.


34 posted on 12/03/2005 3:16:28 AM PST by Joe Boucher (an enemy of islam)
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To: BurbankKarl
I just found out one of my high school classmates was the editor of the Sunday Opinion section of the LAT and a protege of Kinsley -- until recently, that is. His name is Bob Sipchen, and I think he's one of the many being axed or shuffled around.

The funny thing is, I was on the school newspaper and I don't recall that he ever was. Never would have expected him to win a Pulitzer, either, but he has two... *sigh*

35 posted on 12/03/2005 3:42:18 AM PST by IrishRainy
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To: IrishRainy

Raise Taxes! Raise Prices! Democrats tell us it works everytime.


36 posted on 12/03/2005 3:45:48 AM PST by stocksthatgoup (Polls = Proof that when the MSM want your opinion it will give it to you.)
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To: Joe Boucher

The sound of fishwrap!


37 posted on 12/03/2005 3:51:14 AM PST by stocksthatgoup (Polls = Proof that when the MSM want your opinion it will give it to you.)
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To: BurbankKarl
"L.A. Times Drags on Tribune Revenue (200 *more* layoffs expected)"

Couldn't happen to a more deserving Lame Stream Media Loser!

BUH-BYE, Liberal Rag!

38 posted on 12/05/2005 9:42:42 PM PST by albee ("Those that bite the hand that feeds them will lick the boot that kicks them!" - Eric Hoffer)
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