| Submit your comments on this article |
| Home Front: Culture Wars |
| MSM Company profits tumble |
| 2006-01-20 |
| This is the holding company for the LA Times and about a dozen other newspapers and over two dozen radio and TV stations (most not as lefty as the LA Times but a few even more left wing). CHICAGO, January 19, 2006 -- Tribune Company (NYSE: TRB) today reported its summary of revenues and newspaper advertising volume for period 12, ended Dec. 25, 2005. Consolidated revenues for the period were $539 million, down 6.1 percent from last year’s $574 million. Publishing revenues in December were $413 million compared to last year’s $431 million; the timing of the Christmas holiday on Sunday and the aftermath of Hurricane Wilma in South Florida accounted for about $6 million of the decline. Advertising revenues decreased 4.5 percent to $333 million, compared with $349 million in December 2004. |
| Posted by:mhw |
| #7 Sorry I don't feel their pain. They however can feel mine. Having been unemployed or under employed for a few long streches it's these subversive, anti republic, Tranzi bastards to get a taste too. Faster please. |
| Posted by: Sock Puppet O´ Doom 2006-01-20 22:29 |
| #6 I can't decide which is my favorite paper, the LA Times, or the NY Times. I mean, sure, the Times' ink doesn't run as much and leaves far less of a black streak on the briefs, but the Times' is much softer and more absorbent. I guess my favorite paper on any given day depends on what I ate for dinner the night before... |
| Posted by: Hyper 2006-01-20 11:45 |
| #5 The choice of clue-bat and the vigor of application is solely a function of the recipient, not the wielder. |
| Posted by: Ptah 2006-01-20 10:40 |
| #4 They've driven off the knowledgeable news junkies like all of us here, so all they have left are the ignorantly superior types -- who are already maxed out on their subscriptions. The youngsters coming up get their news on the web, and even the senior citizens are starting to do so. While I don't with them ill, perhaps at some point they'll notice that agenda-based reporting is counterproductive. We can hope, anyway. |
| Posted by: trailing wife 2006-01-20 10:32 |
| #3 It has unfortunately come to the point where this is a necessary condition for change. So I do rejoice. Otherwise, the MSM would have not incentive to change. I just hope it doesn't kill too much of the worthwhile infrastructure they've built. |
| Posted by: Nimble Spemble 2006-01-20 10:11 |
| #2 No, I don't rejoice. As Professor Reynolds put it, we *need* the New York Times (Washington Post, LA Times, Le Monde, etc.). But we *need* them to accurately report the facts, not actively try to impeach the President each and every day. |
| Posted by: Seafarious 2006-01-20 09:54 |
| #1 As much as I would like MSM crash and burn we should not rejoice: comparison is between a no-events year (2005, no presidential, no legislative not even primaries) and a presidential year. |
| Posted by: JFM 2006-01-20 09:42 |