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Tribune revenues down 1% in May

Published on .

Chicago--Tribune Co., the media conglomerate that publishes The Chicago Tribune and The Los Angeles Times, Thursday reported that overall revenues fell 1% in May to $429 million, from $432 million a year earlier. Year-to-date, consolidated revenues were down 3% because of weakness in the high-tech, financial and automotive categories. The company's publishing revenue in May decreased 1%, while TV revenue rose 1%. Although TV and print revenue continues to be sluggish, online revenue grew 39% to $6 million in May, up from $5 million a year earlier.
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