Tribune Revenues Up For 2012
June 17, 2013 at 4:21 PM (PT)
TRIBUNE COMPANY has released consolidated financial statements for 2012, showing that the company, which emerged from bankruptcy at year's end, saw revenues rise slightly from $3.111 billion to $3.145 billion, with operating profit up from $369.6 million to $396.5 million.
Broadcasting revenue showed an increase from $1.102 billion to $1.141 billion; the revenues for the company's only radio property, Talk WGN-A/CHICAGO, fell 5% to $29 million in 2012.
TRIBUNE expects to release First Quarter 2013 financial results by the end of this month.