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
Disclosure
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…”
Sam Zell Jun 6, 2022 ▶ 52:23 Sam Zell – Common Sense and Uncommon Profits (Capital Allocators, EP.253)
Jun 6, 2022 positive
Opinion
Zell says he would repeat the Tribune buyout today
“If the Tribune scenario were presented to me today, I can't believe that I wouldn't do it again, because my assumptions were realistic.”
Sam Zell Jun 6, 2022 ▶ 53:08 Sam Zell – Common Sense and Uncommon Profits (Capital Allocators, EP.253)
Made with StarZero

Turn any episode into a week of clips.

This entire site, over 700 episodes transcribed, diarized, checked and made playable, runs on the StarZero media pipeline. Drop in your own episode and the podcast clipper finds the moments worth sharing, cuts them, captions them, and reframes them for every feed.