Business As Usual As Tribune Media Suffers A Weak Q1


For Tribune Media interim CEO Peter Kern, the first quarter results for the company that just announced it is merging with Sinclair Broadcast Group is “in line with expectations.”

Translation: The company knew that several factors would lead to a soft Q1.

What was a “surprise” to Reuters, and perhaps to Wall Street, are lower operating revenue, higher operating expenses, and a swing to a significant net loss.

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