Tribune Company
2 statements across 1 episodes · 1 bullish · 0 bearish · 1 people on the record · first statement Jun 6, 2022 by Sam Zell · across every show →
Everything said about Tribune Company, oldest first
Jun 6, 2022 neutral
Tribune buyout underwrote a 6% revenue drop; reality was 35%
“It was a deal where we assumed that the newspaper business was shrinking. We did an underwriting, whereas instead of underwriting revenue going up, we underwrote revenue going down. We assumed the level of suppression. And that number was six percent a year. W…”