Company Profile For Tribune Company

Tribune Company is a media and entertainment company engaged in newspaper publishing, television and radio broadcasting and entertainment through its subsidiaries. The Company’s operations are divided into two industry segments: publishing and broadcasting and entertainment. On April 1, 2007, the Company entered into a series of transactions with the Tribune Employee Stock Ownership Plan and EGI-TRB, L.L.C., which were completed, on December 20, 2007, culminating in the cancellation of all issued and outstanding shares of the Company’s common stock. In December 2007, Tribune completed its merging with an acquisition subsidiary of the Tribune Employee Stock Ownership Plan. In September 2008, Gannett Co., Inc. acquired an additional 10% stake in CareerBuilder, Inc., from Tribune, thereby gaining a 50.8% controlling interest.

BRIEF: For the thirty nine weeks ended 28 September 2008, Tribune Company's revenues decreased 8% to $3.15B. Net loss from continuing operations totaled $2.12B vs. a loss of $124.5M. Revenues reflects decreased income from Publishing segment and lower sales from Broadcasting & entertainment segment. Net loss reflects an increase in depreciation, the presence of write down of intangible assets and a rise in interest expense.