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Media Talk

Tribune: Addressing Unique Issues But Industry Challenges Remain

Tribune (TRB) are up over 2% since reporting 3Q05 earnings and conducting a conference call on Thursday morning before the open. The key takeaway from the report and call is that TRB is putting its unique issues in the past and the company’s fortunes will begin to closely track the newspaper industry. Given poor trends in the industry, the lack of any signs of improving advertising or circulation growth, and multiples that still remain at historic averages, things really aren

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