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Tribune August ad, publishing revenue falls
September 20, 2007 / 12:16 PM / 10 years ago

Tribune August ad, publishing revenue falls

NEW YORK, Sept 20 (Reuters) - Tribune Co TRB.N, which is going private in an $8.2 billion deal, said on Thursday that revenue fell in August because of a drop in publishing and advertising sales at its newspapers.

Revenue fell 5.2 percent from a year earlier to $391 million. Publishing revenue fell to 6.1 percent to $271 million, while ad revenue fell 7.2 percent to $210 million.

Retail ad revenue rose nearly 1 percent, and national ad revenue rose 2.8 percent, but classified ad revenue dropped 20.1 percent, partially due to a drop in real estate classified ad sales in the Los Angeles, Florida and Chicago markets.

Tribune publishes the Los Angeles Times, Chicago Tribune and Hartford Courant, among other papers.

Circulation revenue fell 4.8 percent, and broadcasting and entertainment group revenue fell 3 percent. (Reporting by Robert MacMillan)

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