Tribune (TRB) October Revenue Falls Over 9%, Where’s Zell?

In another sign that Sam Zell may not be able to fund his buy-out of The Tribune Company (TRB), October revenue at the company fell 9.3% to $383 million. Advertising revenue was off 10.6% to $222 million.

Broadcast revenue fell 13.3% to $96 million

Douglas A. McIntyre