Raiders File Paperwork To Move To Vegas NFL Seems More Comfortable With Vegas Johnson's Ambassadorship Leaves Jets In Flux Eagles' Lurie Becoming More Hands On Hornets Raising Season-Ticket Prices For '17-18 Yankees Embracing Youth Movement Jose Bautista's Contract Has Attendance Incentive Chargers Hold L.A. Kickoff Ceremony At The Forum 76ers Rising In Merch Sales, Home Attendance Nationals Deny Payroll-Spring Training Connection
TRIBUNE COMPANY REPORTS SECOND QUARTER HIT
Published July 19, 1995
The Tribune Co., owners of the Cubs and WGN, reported a 3% drop in 2nd-quarter net income. They earned $82.1M, down from $85M from the same period last year. By taking away a boost in '94 earnings from the $13M sale of common stock in QUNO, a Canadian newsprint manufacturer, the "primary net income" for the quarter rose 19% to $1.19 a share from $1.00 a year ago after the comp. The Tribune Co. said the 3% drop was largely due to lower attendance at Cubs games and the loss of 18 games due to the strike (CHICAGO TRIBUNE, 7/19).