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Tribune Media Co. operates as a media and entertainment company. It operates through Television & Entertainment segment, which provides news, entertainment and sports programming. Read More The Television & Entertainment segment comprises Tribune Broadcasting, which owns and operates local television stations; and Tribune Studios, which consists of digital applications and websites. This segment also includes Chicago's WGN-AM and the national multicast networks Antenna TV as well as THIS TV. Tribune Media owns & manages real estate properties. The company was founded in 1847 and is headquartered in Chicago, IL.
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Seeking AlphaMay 10
Retransmission fees carry Tribune Media to Q1 beat
Tribune Media (TRCO +0.2% ) -- headed for a buyout by Nexstar (NASDAQ:NXST) -- topped expectations in its Q1 earnings thanks to strength in retransmission fees, which made up for flat advertising.
Yahoo FinanceMay 10
Tribune Media: 1Q Earnings Snapshot
CHICAGO (AP) _ Tribune Media Co. (TRCO) on Friday reported first-quarter earnings of $113.2 million. On a per-share basis, the Chicago-based company said it had profit of $1.27. Earnings, adjusted for one-time gains and costs, were 60 cents per share. The operator of the WGN America network and local TV stations posted revenue of $455 million in the period. Tribune Media shares have increased 2% since the beginning of the year. The stock has climbed 24% in the last 12 months. _____ This story was gener...
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