Weak numbers at Tribune

August revenue for the parent company of the Los Angeles Times fell 1.6 percent from a year earlier. Ad revenue at Tribune papers was down 2.3 percent, although a lot of that was due to the loss of preprint customers at Newsday. Exclude that and ad revenue was down 1 percent. But the elephant in the room was national advertising - down 11 percent due to "weakness across most categories." Nothing specific in the August report about the Times.

Here's a breakdown on ad categories:

Retail +1.3%
National -11%
Auto classified -14%
Help wanted -9%
Real estate +22%
Online +22%

Tribune shares were down this morning.

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Mark Lacter
Mark Lacter created the LA Biz Observed blog in 2006. He posted until the day before his death on Nov. 13, 2013.
Mark Lacter, business writer and editor was 59
The multi-talented Mark Lacter
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