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Zell: Tribune Ad Revs Cratering, Break-Up Possible

Newish Tribune owner Sam Zell doesn't own a public company, but he does have a lot of debt. Which is presumably why he held the equivalent of an earnings call today to provide an update on the business. It's not going well. Zell reported a... 7 months ago

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  1. bahellman
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    bahellman | 7 months ago

    Zell reported a double-digit decline in print revenue in Q1, which he said was primarily due to the vaporizing classified ad business. --- I don't doubt he had the intention of breaking up the business from the beginning.

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