Tribune's revenue down

The Tribune Company is reporting a drop in revenues for November. Publishing revenues were down 3.5 percent. Advertising revenues also took a hit, with much of the newspaper division hit by a 26.2 percent drop in classified advertising revenues.
According to the release, "Real estate fell 39.8 percent with the most significant declines in Chicago, the Florida markets, and Los Angeles. Help wanted declined 28.4 percent and automotive decreased 7.6 percent."
On a positive note: publishing operating expenses decreased in large part because of lower newsprint, compensation and marketing cash expenses.
For the full breakdown and short-term plans/projections, click here.