Tribune Co. Revenue Drops - Again
It should come as a surprise to nobody that revenue is down again for the Tribune Company, owner of news properties such as the LA Times and Chicago Tribune. This time the bleeding stopped at 5.9 percent. Circulation was down 5.4 percent. Classifieds are down 18.2 percent. Retail advertising sales are down 6 percent.
But it's not their fault, of course. This time the blame is "due to difficult year-over-year comparisons." Though one must wonder if their circulation would continue to have dropped had they heeded my suggestion that newspapers "get rid of the bias, the America-hating columnists, the socialist editorials, and the reporters pushing a gay/lesbian/transgendered/illegal alien/pro-abortion/anti-God/anti-gun agenda?"
Or they could continue doing what they're doing.