Posted on 12/02/2005 5:52:30 PM PST by BurbankKarl
Tribune Co.’s November newspaper ad revenue fell 2.4 percent to $262.7 million, the company reported Friday, reflecting a 6 percent national advertising drop that was blamed on weak ad sales at the Los Angeles Times, the Chicago-based company’s largest paper.
The company’s total November revenue fell 3.9 percent, to $436.8 million, compared with the previous year.
Full-run ad volume at the Times tumbled 9 percent from November of last year. In addition to the Times and Newsday, Tribune owns its namesake paper in Chicago. The Times announced in mid-November that it planned to cut jobs throughout the newspaper, including about 85 of its newsroom positions.
Tribune’s local automotive-classified ads continued to slide, with revenue falling by 18 percent. Circulation revenue slipped 5.1 percent. Its interactive ad revenue jumped 36 percent, and the company saw a small 1.6 percent increase in classifieds.
Tribune’s stock, down 25 percent this year, fell 0.9 percent Friday, settling at $31.39.
If they printed news instead of fiction, they might have a fighting chance. As it is... they're a waste of good trees that would otherwise be converting carbon dioxide to oxygen.
Gee, does that mean all those folks are going to have to go out and WORK for a living?! What a way to swell those republican ranks.
Thanks -- I'm interested in how the media demographics are developing. I can't believe the LAT allowed La Opinion out of its grasp. I figured that was its last port in this particular storm. The 'Times' they are a-changing.
bump
How long before Babs (Barbra Streisand) buys hereself a newspaper? She is so upset with the way The Times is being run these days and she is so desperate to sway public opinion to her deluded way of thinking, it seems a natural turn of events.
Sometimes when they call, I pull the same trick as I do on other solicitations. I tell them I'm glad they called and try to sell them a parcel of real estate. I ask for their social security number, bank reference, net worth, down payment, etc. It usually doesn't take them long to hang up on me.
I have started emailing LA Times writers with my opinion after reading an article online.....and tell it like it is....a couple even respond back angrily.
Yup, no more cherry-picking fawning letters-to-the-editor that reinforces their BS. I can't imagine the panic that's going on inside the newspaper offices.
"If they printed news instead of fiction, they might have a fighting chance"
You mean like this???
LA Times' apology for altered war photo
LA Times ^ | LA Times
http://www.freerepublic.com/focus/f-news/883094/posts
Zimmerman, is that you again?
Well then, the only prudent thing to do is print pictures of naked women. Language problem solved.
If the times were to fold and all the liberal writers and editors got released would anyone really care?
Hell I 'd think it would be a good thing.
The funny thing is, I was on the school newspaper and I don't recall that he ever was. Never would have expected him to win a Pulitzer, either, but he has two... *sigh*
Raise Taxes! Raise Prices! Democrats tell us it works everytime.
The sound of fishwrap!
Couldn't happen to a more deserving Lame Stream Media Loser!
BUH-BYE, Liberal Rag!
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