Print newspapers are not dead! So says Tribune Publishing
Company. The company's portfolio includes 10 daily newspapers in 8
key markets. Tribune Publishing also owns more than 60 digital
properties and 150 niche publications. Its iconic newspapers
include the Los Angeles Times, the Chicago
Tribune, and the Baltimore Sun. Despite its
attachment to print, Tribune Publishing has been rolling out a
state-of-the-art, mobile-first digital platform for its key news
and information brands nationwide. The company's niche publications
include the Red Eye in Chicago along with Hoy and
El Sentinel, the largest Spanish-language newspaper
network in the US.
Along with its well-known newspapers, Tribune Publishing's
operations include a suite of digital, native advertising and
branded entertainment services and solutions for marketers. Its
Tribune Content Agency provides content to publishers of all types.
The company's 435 Digital is an in-house agency that partners with
local businesses to develop and execute online strategies. Tribune
365 is a national cross-platform sales team offering advertisers
customized solutions across all media platforms. Tribune
Publishing's TribDirect is a direct-marketing solution used for
direct mail campaigns.
When the publishing division were still part of Tribune Company
before the spin off, the company's revenue decreased in fiscal 2013
compared to the prior fiscal period. It reported $2.9 billion in
revenue for fiscal 2013, down from $3.1 billion in revenue in
More alarming was the drop in net income in fiscal 2013 compared
to the previous fiscal year. The company reported net income of
$241 million for fiscal 2013, down from a net income of $422
million for fiscal 2012.
In 2013 Tribune Company filed paperwork with the SEC for a
spinoff of its newspaper publishing operations (to form Tribune
Publishing) to shareholders and changed the name of its media and
digital business to Tribune Media. The transaction, which was
completed in the first half of 2014, allows Tribune Media to focus
on its growing television operations and digital properties.