Tribune Co.'s Advertising Outlook Improves

  • October 2, 2002
Tribune Co. said its advertising market is gradually improving. Both retail and national advertising in Tribune's newspapers improved in September and it was a good month in its broadcast holdings. August's advertising revenues were $216.2 million for its publishing segment. Tribune said it expects more than $1.4 billion of operating cash flow this year, and free cash flow of more than $650 million, an increase of about 15% from 2001.
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