Tribune Media (TRCO) Misses Q4 EPS by 21c

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Tribune Media Company Reports Strong Fourth Quarter and Full Year 2014 Results

March 6, 2015 7:30 AM EST

NEW YORK, March 6, 2015 /PRNewswire/ -- Tribune Media Company (the "Company") (NYSE: TRCO) today reported its results for the three months and year ended December 28, 2014 and announced a special dividend of $650 million as well as the adoption of a quarterly dividend policy.

Special Dividend and Ordinary Quarterly Dividend

On March 5, Tribune's Board of Directors authorized and declared a special cash dividend of $6.73 per share on the Company's Class A common stock and Class B common stock. In addition, holders of warrants will... More