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MSM Company profits tumble
This is the holding company for the LA Times and about a dozen other newspapers and over two dozen radio and TV stations (most not as lefty as the LA Times but a few even more left wing). CHICAGO, January 19, 2006 -- Tribune Company (NYSE: TRB) today reported its summary of revenues and newspaper advertising volume for period 12, ended Dec. 25, 2005. Consolidated revenues for the period were $539 million, down 6.1 percent from last yearâs $574 million. Publishing revenues in December were $413 million compared to last yearâs $431 million; the timing of the Christmas holiday on Sunday and the aftermath of Hurricane Wilma in South Florida accounted for about $6 million of the decline. Advertising revenues decreased 4.5 percent to $333 million, compared with $349 million in December 2004. Posted by: mhw 2006-01-20 |
| http://www.rantburg.com/poparticle.php?ID=140323 |