17 Jun Tribune Company Releases 2012 Financial Results
Tribune Company today released consolidated financial statements at December 30, 2012 and December 25, 2011, and for each of the three fiscal years in the period ending December 30, 2012. The statements are posted on the company’s website, www.tribune.com, along with management’s discussion and analysis of financial condition and results of operations. [link]
Tribune’s 2012 full year consolidated operating revenues were approximately $3.145 billion, up from $3.111 billion for the same period in 2011. The company’s 2012 full year operating profit was approximately $396.5 million, up from $369.6 million for the same period in 2011.
Tribune expects to release financial information for the first quarter of 2013 by the end of this month.
TRIBUNE MEDIA COMPANY is home to a diverse portfolio of television and digital properties driven by quality news, entertainment and sports programming. TRIBUNE MEDIA is comprised of Tribune Broadcasting’s 42 owned or operated local television stations reaching 50 million households, national entertainment network WGN America, available in 72 million households, Tribune Studios, and Tribune Digital Ventures, including the websites Zap2it and TVByTheNumbers, and Gracenote, one of the world’s leading sources of TV and music metadata powering electronic program guides in televisions, automobiles and mobile devices. TRIBUNE MEDIA also includes Chicago’s WGN-AM, the national multicast networks Antenna TV and THIS TV. Additionally, the company owns and manages a significant number of real estate properties across the U.S. and holds other strategic investments in media.