Tribune Company (TRB) Reports April Revenues
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Tribune Company (NYSE: TRB) reported its summary of revenues and newspaper advertising volume for period 4, ended April 29. Consolidated revenues for the period were $399 million, down 3.6% from last year's $414 million.
Publishing revenues in April were $279 million compared with $305 million last year, down 8.6%. Advertising revenues decreased 10.3% to $217 million, compared with $242 million in April 2006.
Retail advertising revenues decreased 6.8%, National advertising revenues declined 8.2%, and Classified advertising revenues decreased 14.9%.
Circulation revenues were down 7.2% due to selective discounting in home delivery and lower single-copy sales.
Broadcasting and entertainment group revenues in April increased 10.2% to $121 million compared with $110 million last year primarily due to more Cubs home games. Television revenues fell 1.1%.
Publishing revenues in April were $279 million compared with $305 million last year, down 8.6%. Advertising revenues decreased 10.3% to $217 million, compared with $242 million in April 2006.
Retail advertising revenues decreased 6.8%, National advertising revenues declined 8.2%, and Classified advertising revenues decreased 14.9%.
Circulation revenues were down 7.2% due to selective discounting in home delivery and lower single-copy sales.
Broadcasting and entertainment group revenues in April increased 10.2% to $121 million compared with $110 million last year primarily due to more Cubs home games. Television revenues fell 1.1%.
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