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CHICAGO (AFX) - Media conglomerate Tribune Co. on Monday said October sales dipped 1 percent compared with the same period last year.
Revenue of $427.7 million compared with last year's $432.1 million. National advertising sales fell 15.5 percent to $56.2 million from $66.6 million. Circulation revenue slid to $43.1 million from $45.9 million due largely to continued home delivery discounts.
Broadcasting and entertainment group sales rose to $110.8 million from $102.2 million in October 2005.
Shares of Tribune, parent of 25 television stations, the Los Angeles Times, Chicago Tribune, and other newspapers, added 5 cents to $32.30 in afternoon trading on the New York Stock Exchange. Copyright 2006 Associated Press. All rights reserved. This material may not be
Copyright 2006 AFX News Limited. All Rights Reserved.
