Ann Saphir

Trib's $122M loss deepens financial woes

Recommendation:
1

Tribune Co lost $122 million last quarter as ad revenue sank and the company took one-time charges for severance payments and software writeoffs. Sales at Tribune's publishing unit fell 13% to $654 million, and operating cash flow plummeted 91% to $13 million.

Tribune trimming beyond newsroom

Recommendation:
1

The Chicago Tribune will trim non-newsroom staff next month as it struggles to cope with unprecedented declines in revenue.

Trib buries news in redesign test

Recommendation:
2

The new face of the Chicago Tribune is taking shape, as staffers at the newspaper put the finishing touches on a prototype set for a test run in the next few weeks.

Tribune slashes Allentown Morning Call news staff

Recommendation:
1

The Allentown Morning Call became the latest Tribune Co. paper to fire a large swath of journalists as profits plummet amid the current economic malaise. About 24% of the Pennsylvania newsroom, or 35 to 40 positions, will be eliminated.

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