Tribune Company (TRB) Reports Revenues for October

Tribune Company (NYSE: TRB) reported its summary of revenues and newspaper advertising volume for period 10, ended Oct. 22, 2006. Consolidated revenues for the period were $428 million, down 1.0% from last year's $432 million.

Publishing revenues in October were $317 million compared with $330 million last year, down 3.9%. Advertising revenues decreased 4.0% to $254 million, compared with $265 million in October 2005.

Circulation revenues were down 6.0% due largely to continued selective home delivery discounting.

Broadcasting and entertainment group revenues in October increased 8.4% to $111 million, compared with $102 million last year. Television revenues rose 5.1%; strength in political, auto and telecom was partially offset by weakness in restaurant/fast food, movies and retail. Radio/entertainment increased 36.7% primarily due to additional Cub home games this year.

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