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Tribune Company Loses $121 Million
New York Times ^ | 11/10/2008 | ap

Posted on 11/10/2008 8:01:59 PM PST by Nachum

CHICAGO (AP) — The Tribune Company, owner of newspapers including The Los Angeles Times and The Chicago Tribune, along with the Chicago Cubs and Wrigley Field, said Monday that it lost $121.6 million in the third quarter as newspaper advertising revenue fell.

The company, which is privately held, had net income in the comparable quarter a year earlier of $152.8 million. Revenue fell 10.5 percent, to $1.04 billion, from $1.16 billion a year ago, the company said.

(Excerpt) Read more at nytimes.com ...


TOPICS: News/Current Events
KEYWORDS: 121; biasmeanslayoffs; dbm; loses; million; msmdeathwatch; tribune; trysellingthetruth
See what happens when go lib...
1 posted on 11/10/2008 8:02:00 PM PST by Nachum
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To: Nachum
I will be glade when the last news paper goes broke, I hate all those millions of pound of insert trash they put out every Sunday.
2 posted on 11/10/2008 8:04:26 PM PST by org.whodat ( "the Whipped Dog Party" , what was formally the republicans.)
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To: Nachum

Awwww...


3 posted on 11/10/2008 8:06:22 PM PST by HoosierHawk
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To: Nachum
Heh, heh, heh...

The MSM is destroying itself by failing in its duties as the Fourth Estate.

4 posted on 11/10/2008 8:06:24 PM PST by April Lexington
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To: Nachum

Women and minorities hardest hit...


5 posted on 11/10/2008 8:07:12 PM PST by advance_copy (Stand for life or nothing at all)
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To: Nachum

Couldn’t have happened to a nicer newspaper syndicate. NOT.

There is Justice in the World.

But we do need Newspapers, they just need to print the news and not editorialize when doing so.

Buh Bye.


6 posted on 11/10/2008 8:08:27 PM PST by HighlyOpinionated (The Court is very jealous of its power - even over presidents, even over presidents-elect.”)
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To: Nachum

Excellent.


7 posted on 11/10/2008 8:10:36 PM PST by coloradan (The US has become a banana republic, except without the bananas - or the republic.)
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To: Nachum

Maybe the government will bail them out and officially own the media.

Disturbing thought I just had.........


8 posted on 11/10/2008 8:10:58 PM PST by CrappieLuck
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To: CrappieLuck
Maybe the government will bail them out and officially own the media.

Don't give the bastards any ideas.

L

9 posted on 11/10/2008 8:13:33 PM PST by Lurker (Thank you Governor Palin. It's not your fault. You got shackled to the worst Pub since Ford.)
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To: coloradan

Newspapers kill trees-bad
newspapers promote libs-bad
this is a bipartisan win win. destroy newspapers for the planet.


10 posted on 11/10/2008 8:14:57 PM PST by omega4179 (Jindal 2012)
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To: Nachum

countdown to federal bailout of the all important ‘big media’... 3... 2... 1...


11 posted on 11/10/2008 8:17:30 PM PST by conservative_guyz
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To: Nachum

How is it that these big liberal money losers continue to get the credit to fund their operations?

If they were conservative leaning, the bank loans would dry up faster than the California courts will overturn Proposition 8.


12 posted on 11/10/2008 8:18:15 PM PST by o2bfree
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To: Nachum; Grampa Dave; abb

Ping...


13 posted on 11/10/2008 8:21:05 PM PST by tubebender (Retirement...The art and science of Killing time before it Kills you...)
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To: Nachum
I guess they just can't compete in the infotainment market anymore. Everyone knows that The Enquirer, The Globe, and The Sun must surely be beating them hands-down right now. Everyone knows that Bigfoot, bat boy, and the exploits of Hollywood trash takes precedence over real news. Just look at the magazine racks in the checkout line at your favorite grocer.
14 posted on 11/10/2008 8:22:43 PM PST by factoryrat (Better living through American Industrial Might.)
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Comment #15 Removed by Moderator

To: CrappieLuck
I used to be part of that business from writing stories through the 5 unions to get the paper out. As part of the Mailers Union I made great money before I handed the papers off to the Drivers and Distribution (Mafia).

To this day the unions are causing a lot of the problems with newspapers.

Times change and the newspaper business might be the last to learn about it. Fact, the Mailers Union had 227 people distributing papers to the drivers. Now they do it with 55 people.

16 posted on 11/10/2008 8:24:31 PM PST by AGreatPer (Telling Obama all the secrets makes me sick)
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To: org.whodat

Time to close down the credibility challenged LA Times.

Who in their right mind would read this rag ever again, after this last election?


17 posted on 11/10/2008 8:28:24 PM PST by FormerACLUmember (When the past no longer illuminates the future, the spirit walks in darkness.)
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To: Nachum; abb; tomkow6; All

OH ABB more seriously you reported


18 posted on 11/10/2008 8:32:02 PM PST by SevenofNine ("We are Freepers, all your media belong to us, resistence is futile")
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To: FormerACLUmember

So where’s that tape?


19 posted on 11/10/2008 8:33:04 PM PST by word_warrior_bob (You can now see my amazing doggie and new puppy on my homepage!! Come say hello to Jake & Sonny)
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To: Nachum

Wake up People!!! Cancel your subscriptions to the NYT’s, LA Times and Chicago Tribune. (not that anyone on FR subscribes but some of our neighbors, associates and friends may - talk to them).

Move your mutual fund portfolio away from investments in these Newspaper companies.

NYT is a junk bond status. Write the advertisers. Cancel subscriptions. Don’t buy the papers.

The Media as we know it now must lose. We can help make it happen. Who’s with me! Let’s Go!


20 posted on 11/10/2008 8:40:56 PM PST by chief_believer
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To: Nachum

Time to really put the pressure on the advertisers.


21 posted on 11/10/2008 8:41:14 PM PST by Tempest (Obama is not my president.)
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To: Nachum

22 posted on 11/10/2008 8:41:22 PM PST by softwarecreator (Wow, free food, free gas and no more mortgage payments after January 2009, thanks Obama!!)
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To: Nachum

bump


23 posted on 11/10/2008 8:42:15 PM PST by VOA
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To: Tempest

I agee wholeheartedly.


24 posted on 11/10/2008 8:42:39 PM PST by chief_believer
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To: FormerACLUmember
Who in their right mind would read this rag ever again

Well, I'm sure the liberals would ... oh, never mind.

25 posted on 11/10/2008 8:44:15 PM PST by softwarecreator (Wow, free food, free gas and no more mortgage payments after January 2009, thanks Obama!!)
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To: All

Time to start writing and calling the remaining advertisers and tell them you will boycott them for the smears the newspapers engaged in against Palin and the journalistic malpractice displayed this election season.

Let’s break these f***ers.

I would love to see these lefty hacks get laid off and jobless after what they did to such a fine person as Sarah Palin, and how they cheerled for a hoodlum like Zer0bama.


26 posted on 11/10/2008 8:51:55 PM PST by Rodney Dangerfield (It's mourning for America...)
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To: April Lexington
The MSM is destroying itself by failing in its duties as the Fourth Estate.

I still think a newsroom populated by educated, grown-up Americans could be successful. But none seems to exist.
27 posted on 11/10/2008 8:56:23 PM PST by hemogoblin
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To: CrappieLuck

The Dems already own the media.


28 posted on 11/10/2008 9:01:26 PM PST by berdie
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To: Rodney Dangerfield

I like your way of thinking. How do we start a movement to do this? Who are the advertisers? I would love to see them tumble down stairs like a slinky out of control.


29 posted on 11/10/2008 9:02:22 PM PST by chief_believer
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To: Nachum

Whenever I need a laugh I re-watch those YouTube videos of Sam Zell giving his uppity reporter and terminally stupid upper-management type holy hell.


30 posted on 11/10/2008 9:11:56 PM PST by 3AngelaD (They screwed up their own countries so bad they had to leave, and now they're here screwing up ours.)
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