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TRIBUNE MEDIA REVENUES UP 6.3 PERCENT IN OCTOBER; PUBLISHING UP 10.2 PERCENT, BOOSTED BY ACQUISITIONS

 CHICAGO, Nov. 17 /PRNewswire/ -- Combined revenues for Tribune's publishing, broadcasting and entertainment businesses were up 6.3 percent for the October period, the four weeks ending Oct. 24, and for the 10 periods to date, excluding 1992 results from discontinued operations.
 Publishing revenues were up 10.2 percent for the period, up 5.2 percent for the 10 periods to date. This gain included revenues from Contemporary Books and Compton's Multimedia, acquired in July and September, respectively.
 Newspaper advertising revenues were up 7.2 percent in the period, up 4.3 percent for the year to date. Of the three newspaper advertising revenue categories, classified was up 12.6 percent for the period, up 10.4 percent year to date; retail was up 4.9 percent in the period, up 3.4 percent for the year to date; and general was up 2.1 percent in the period, versus a negative 7.9 percent for the year to date. Full run lineage was up 4.1 percent in the period, positive in all six newspapers, compared with a 2.2 percent increase for the year to date.
 Newspaper circulation revenues were up 3.0 percent in the period, up 4.4 percent for the 10 periods. "Other" revenues were up 60.2 percent in the period, including results from Contemporary Books and Compton's, and up 19.2 percent for the year to date. Excluding these two acquisitions, "other" revenues decreased 27.0 percent for the period and were unchanged for the year to date.
 Combined broadcasting and entertainment revenues were down 1.0 percent for the period, up 8.2 percent for the year to date. Television revenues were up 3.9 percent for the period, up 12.6 percent for the year to date. TV revenues include those from WPHL-TV in Philadelphia since its acquisition in June 1992. Excluding WPHL, TV revenues increased 8.3 percent for the year to date.
 Radio revenues were up 6.8 percent for the period, up 16.4 percent for the year to date. Radio revenues include those of two Denver stations acquired in January 1993. Excluding the two stations, radio revenues decreased 5.9 percent for the period and increased 3.0 percent for the year to date.
 Entertainment revenues were down 31.8 percent for the period, down 7.4 percent for the year to date, because of six fewer Cubs games in the
October 1993 period. Entertainment revenues from 1992 include two TV programs that ran from January to August and were then cancelled.
 Tribune is a leading information and entertainment company. Tribune publishes six daily newspapers, operates seven television and six radio stations, produces and syndicates information and programming, publishes books and information in print and digital formats, and has an ownership interest in one of Canada's largest newsprint manufacturers. Earlier this month, Tribune announced its intention to acquire an eighth television station, WLVI (Ch. 56) in Boston.
 TRIBUNE COMPANY
 Revenue Summary (A)
 OCT. 24, 1993
 (In Thousands)
 PERIOD 10 (4 WEEKS) YEAR TO DATE (43 WEEKS)
 1993 1992 Percent 1993 1992 Percent
 Change Change
 NEWSPAPER
 PUBLISHING (B)
 ADVERTISING
 RETAIL $35,090 $33,443 4.9 $340,686 $329,449 3.4
 GENERAL 11,456 11,222 2.1 97,784 106,179 (7.9)
 CLASSIFIED 27,856 24,742 12.6 284,670 257,954 10.4
 SUB-TOTAL 74,402 69,407 7.2 723,140 693,582 4.3
 CIRCULATION 19,106 18,546 3.0 203,243 194,610 4.4
 OTHER (C) 10,843 6,770 60.2 66,450 55,759 19.2
 SEGMENT TOTAL 104,351 94,723 10.2 992,833 943,951 5.2
 BROADCASTING/
 ENTERTAINMENT
 TELEVISION (D) 39,293 37,814 3.9 434,482 385,821 12.6
 RADIO (E) 4,401 4,122 6.8 47,520 40,842 16.4
 ENTERTAINMENT 4,868 7,136 (31.8) 119,796 129,421 (7.4)
 SEGMENT TOTAL 48,562 49,072 (1.0) 601,798 556,084 8.2
 INTERCO. SALES (353) (329) 7.3 (3,411) (3,604) (5.4)
 CONSOLIDATED
 REVENUE(F) $152,560 $143,466 6.3 $1,591,220 $1,496,431 6.3
 (A) As a result of the quno initial public offering completed in February 1993, newsprint operations revenues will no longer be reported as part of the company's consolidated operating revenues beginning in 1993. For purposes of this report and to enhance comparability, 1992 newsprint operations revenues and the related intercompany sales amounts have been removed.
 (B) 1992 and 1993 revenues exclude the Palo Alto daily and weekly newspapers. The company ceased publication of these newspapers on March 12, 1993.
 (C) Includes Contemporary Books and Compton's Multimedia since their acquisition in July and September 1993, respectively. Excluding these two acquisitions, other revenues decreased 27 percent for the period and was unchanged year to date.
 (D) Includes WPHL in Philadelphia since its acquisition in June 1992. Excluding WPHL, television revenues increased 8 percent for the year to date.
 (E) Includes two Denver stations since their acquisition in January 1993. Excluding the two Denver radio stations, radio revenues decreased 6 percent for the period and increased 3 percent for the year to date.
 (F) Excluding WPHL from the year to date and the other acquisitions referred to above from the period and year to date, consolidated revenues increased 2 percent for the period and 4 percent year to date.
 Advertising Inches Summary (A)(B)
 Oct. 24, 1993
 (In Thousands)
 PERIOD 10 (4 WEEKS) YEAR TO DATE (43 WEEKS)
 1993 1992 Percent 1993 1992 Percent
 Change Change
 FULL RUN (C)
 CHICAGO TRIBUNE 219 218 0.5 2,068 2,232 (7.3)
 SUN-SENTINEL 281 270 4.1 2,964 2,792 6.2
 ORLANDO SENT. 214 202 5.9 2,218 2,124 4.4
 NEWPORT NEWS 124 118 5.1 1,303 1,252 4.1
 ESCONDIDO 70 64 9.4 766 718 6.7
 TOTAL 908 872 4.1 9,319 9,118 2.2
 PART RUN (C)
 CHICAGO TRIBUNE 401 385 4.2 3,811 3,719 2.5
 SUN-SENTINEL 217 219 (0.9) 2,309 2,352 (1.8)
 ORLANDO SENT. 135 143 (5.6) 1,475 1,697 (13.1)
 NEWPORT NEWS 9 13 (30.8) 73 118 (38.1)
 ESCONDIDO 61 48 27.1 558 551 1.3
 TOTAL 823 808 1.9 8,226 8,437 (2.5)
 PREPRINT
 CHICAGO TRIBUNE 225 199 13.1 2,100 1,685 24.6
 SUN-SENTINEL 127 124 2.4 1,192 1,117 6.7
 ORLANDO SENT. 217 186 16.7 1,950 1,691 15.3
 NEWPORT NEWS 87 83 4.8 827 774 6.8
 ESCONDIDO 167 173 (3.5) 1,732 1,711 1.2
 TOTAL 823 765 7.6 7,801 6,978 11.8
 TOTAL ADVERTISING INCHES
 FULL RUN
 RETAIL 342 351 (2.6) 3,358 3,486 (3.7)
 GENERAL 57 56 1.8 515 592 (13.0)
 CLASSF'D 509 465 9.5 5,446 5,040 8.1
 SUB-TOTAL 908 872 4.1 9,319 9,118 2.2
 PART RUN 823 808 1.9 8,226 8,437 (2.5)
 PREPRINT 823 765 7.6 7,801 6,978 11.8
 TOTAL 2,554 2,445 4.5 25,346 24,533 3.3
 (A) Excludes shopper publications.
 (B) 1992 and 1993 advertising inches exclude the Palo Alto daily and weekly newspapers. The company ceased the publication of these newspapers on March 12, 1993.
 (C) Excludes preprints.
 -0- 11/17/93
 /CONTACT: Robert D. Carr, 312-222-3763, or home, 708-279-8021; or (Investors) Joseph Andrew Hays, 312-222-3237, or home 312-642-0040, or fax, 312-222-1573, all of Tribune/
 (TRB)


CO: Tribune Company ST: Illinois IN: PUB SU: ERN

OP -- NY062R -- 5574 11/17/93 14:35 EST
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