Tribune Co. announces $67 million Q2 loss

Published August 13, 2008 4:00am ET



Tribune Co., which owns The Sun, 10 other dailies and 23 broadcasting stations, said Wednesday that its second quarter 2008 operating revenues declined 6 percent, or $67 million, to $1.1 billion as compared with the same quarter in 2007.

In its flagship publishing business, the company reported a second quarter operating revenue loss of 11 percent – or $83 million – to $701 million year-over-year, and a 15 percent decrease, or $91 million, in advertising revenues year-over-year for the quarter.

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