Keyword: trb
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For months, I have seen multiple conservative channels on news and social media apps touting something called a "Trump TRB Red Voucher." Does anyone know what this is, or how it got started? Every link I can find directs to a similar page, and I can't find any reference to Trump actually pitching something like this. It sounds like one gigantic scam ... but giant scams aren't usually so pervasive and found in so many different venues.
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Tribune's Revenue Drops in February on Weakness in Publishing Segment CHICAGO (AP) -- Media conglomerate Tribune Co. said Wednesday its revenue declined in February on weakness in its publishing segment. The company, whose publishing properties include the Chicago Tribune, the Los Angeles Times and the Baltimore Sun, said consolidated revenue for the period ended March 2 fell 3.4 percent to $385 million from $398 million a year ago. Publishing revenue slipped 5.1 percent to $294 million, hurt by a 5.1 percent drop in advertising revenue to $233 million. Circulation revenue slid 7 percent on single-copy declines and continued selective discounting...
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As part of a plan to auction off assets including TV stations, Tribune Co. cut a deal to sell WLVI Boston, a future CW affiliate, to Sunbeam Broadcasting for $113.7 million. Tribune is trying to sell off $500 million worth of assets. Of its TV stations, so far, Tribune has sold WATL Atlanta, a MyNetworkTV station, to Gannett Broadcasting for $180 million. The company also has a deal to sell WCWN Albany to Freedom Communications for $17 million. Selling WLVI is Tribune's largest market transaction so far. Boston is Nielsen's no. 7 TV market, according to the latest TV universe...
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CHICAGO Tribune Company reported Thursday that its period 8, or August, revenues were $419 million, down 1.6% from the same period in 2005. August publishing revenues were down 2.1% to $292 million from $298 million. Total advertising revenues decreased 2.3% to $229 million, hammered by double-digit declines in national and some classified categories. Newsday also dragged down results. Excluding the New York daily, Tribune said, ad revenues would have been down 1%. Retail advertising revenues increased 1.3%, Tribune said, with the hardware and home improvements, and specialty merchandise partially offset by weakness in the department store category. Preprint revenues, most...
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A Los Angeles Times editor, hoping to give his journalists a break from reporting the often grim news in America's second-largest city, offered an unusual morale booster Monday: pony rides. Managing Editor Doug Frantz ..."I hope it boosted morale..." Like many major U.S. newspapers, the Times, forced to compete with news Web sites on the Internet, has seen circulation decline.
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Advance sales for the season that begins in September are wrapping up below last year's tally... Television advertising executives are biting their nails this year as advance ad sales fall short of last year's tally... The frenzied "upfront" period, which typically accounts for about 75 percent of total prime-time ad sales... That's down about 3.4 percent from last year... "Buyers are in control," John Moore, group media director of MediaHub... "The competitive landscape is much, much different" from previous years. Networks even tried to sweeten deals this year by offering tie-ins with their online arms or product placements in the...
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Beer distributor Yusef Jackson has finally added a coveted title: publisher... Son of Rainbow/PUSH Coalition leader Rev. Jesse Jackson is attempting to resuscitate Radar, a saucy New York culture magazine that folded last year. He also said he’s hungry for other media properties, including the Chicago Sun-Times, for which he was an unsuccessful suitor in 2004, and possibly properties Tribune Co. sells off as it pares $500 million in assets amid a corporate restructuring. Mr. Jackson declined to say who his co-investors are in Radar. In 2004 he sought to buy the Sun-Times with California billionaire Ron Burkle, but he...
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The Tribune Co., parent of the "Orlando Sentinel," has reported a 62 percent drop in net income to $87.8 million, or 28 cents a share, from $233.4 million, or 73 cents a share, a year earlier. Chicago-based Tribune (NYSE: TRB - News) also pointed to cutbacks from national advertisers and falling circulation ...
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The numbers are starting to come out for newspaper earnings. Take a wild guess. The Tribune Company lost 62 percent of their earnings. McClatchy kept earnings about the same though they lost almost 5 percent of their circulation. Media General lost 47 percent from a year ago. Gannett lost 8.3 percent. Of course, none of the papers will admit that their bias and reportage are to blame for their problems. Instead it is all the fault of Internet activities, Craigslist, the uncooperative entertainment and auto industry, and a "weak operating environment." Leave it to journalists to blame even thier financial...
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Tribune Co., Belo Corp. and Journal Register Co. said advertising sales continue to slump, signaling the newspaper industry's woes may extend this year. Advertising sales in June "are soft and we expect first-half advertising to be flat," Donald Grenesko, chief financial officer of Chicago-based Tribune, the second biggest U.S. newspaper publisher in revenue and owner of the South Florida Sun-Sentinel, said Tuesday at the Newspaper Association of America's Mid-Year Media Review in New York... A protracted slowdown may mean increased investor pressure on publishers including Tribune, which is fending off calls from its second largest shareholder to break apart the...
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Dissident group says will continue efforts for sale or breakup of company... Tribune Co. shares gained ground Tuesday, rising as the media company that's been working to revamp operations amid shareholder unrest announced the results of a Dutch tender auction. Analysts said any gains could prove short lived, however. Chicago-based Tribune Co said that about 45 million, or 15%, of its common shares were tendered and that it expects to buy the shares at a price of $32.50 each. The number of shares tendered came in 8 million short of the maximum that the company had initially authorized in the...
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EW YORK (MarketWatch) -- Tribune Company (TRB) said it will buy back up to 75 million shares of its common stock, which would represent 25% of the total shares outstanding and have a total market value estimated at more than $2 billion. Of the total, the Chicago publishing and broadcasting company said 53 million shares would be repurchased by way of a Dutch Auction at a price between $28 and $32.50. In addition, 10 million shares will be bought back from a principal shareholder and 12 million will be repurchased in the open market. The company said it believes the...
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Published: May 02, 2006 3:15 PM ET CHICAGO Speaking at Tribune Co.'s brisk annual meeting Tuesday, Chairman, President and CEO Dennis J. FitzSimons told anxious shareholders that the newspaper and broadcast giant will "win" eventually -- but he could not guarantee the company will suffer the same fate as Knight Ridder Inc. "As Knight Ridder found out, in this environment anything is possible," FitzSimons said in response to a question from an unidentified Tribune employee. FitzSimons noted, however, that unlike Knight Ridder -- bought last month by The McClatchy Company in a $6 billion deal -- big blocks of Tribune...
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Tribune Co. Seen Falling Shy of Street's First-Quarter Profit Estimate NEW YORK (AP) -- Tribune Co. reports earnings for the first quarter on Thursday. The following is a summary of key developments and analyst opinion related to the period. EXPECTATIONS: Tribune Co., publisher of the Chicago Tribune, Los Angeles Times and other papers, is expected to post earnings of 36 cents per share on revenue of $1.3 billion for the quarter, according to Thomson Financial. ANALYST TAKE: "Given Tribune's heavy exposure to challenging metro markets, we believe revenue growth will be muted in 2006," JPMorgan analyst Frederick Searby said. "We...
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