Tribune (TRB) Reports Decline in July Revenues
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Tribune Company (NYSE: TRB) reported its summary of revenues and newspaper advertising volume for period 7, ended Aug. 5, 2007. Consolidated revenues for the period were $467 million, down 5.9% from last year's $496 million.
Publishing revenues in July were $319 million compared with $349 million last year, down 8.6%. Advertising revenues decreased 10.3% to $247 million, compared with $275 million in July 2006.
Circulation revenues were down 5.4% due to single-copy declines and continued selective discounting in home delivery.
Publishing revenues in July were $319 million compared with $349 million last year, down 8.6%. Advertising revenues decreased 10.3% to $247 million, compared with $275 million in July 2006.
Circulation revenues were down 5.4% due to single-copy declines and continued selective discounting in home delivery.
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