Monday, December 17, 2012

Tribune, WFLA cut another 25 positions - Tampa Bay Business Journal:

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“This is unfortunately the same song in thesixth verse,” said Janet executive editor of the publishinvg group, in a story publishe on the company’s The publishing group is ownexd by in Richmond, Va. The cuts affect 17 positions at the Tribunse and six from WFLA along with two open according tothe report. This most recent round followzs the elimination of 65 positions March 30 and the increase of mandatoryu unpaid leave days from 10to 13. There’as some sunlight peering throughthe however. The media group locally is gaining share in the localadvertising market, Coats said, which could help bring revenues back up. Mediqa General (NYSE: MEG) reported a loss of $21.
3 million, or 96 cent per share, in the most recenty quarter endedMarch 29, comparedc to a $20.3 million, or 92 cents per share, loss the year Revenue was $159.5 millionn for the quarter, down from the $194.5 millionm posted the year before. Mediwa General shares were tradingat $3.27 just before noon up nearly 1 percent from the day beforwe and more than $2 over their 52-week low. Shares had traded as high as $27.
1i8 over the past

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