CEO states that "The acquisition clarifies and accelerates Tribune's strategy for growth, market leadership, and shareholder value. Our investment thesis is simple, scale matters. Scale enhances all elements of our business, advertising, relationships with our MVPDs, our network affiliates, of our programming and local news content as well as spectrum. Lets break these down. On an advertising front. With the scale provided by the local TV acquisition, we at Tribune will be able to maximize advertising opportunities both nationally and locally and giving locals '14 swings states politically used well.
Combined we will be able to achieve greater ROI by continuing to serve our local communities with best-in-class news coverage and news gathering capabilities. And of course we will continue to publish at the highest journalistic standards our iconic newspaper brands can deliver. Those newspaper brands include the LA Times, The Chicago Tribune, The Baltimore Sun, The Sun-Sentinel in South Florida, The Orlando Sentinel, Hartford Courant, The Morning Call and The Daily Press. "
More at http://www.earningsimpact.com/
Combined we will be able to achieve greater ROI by continuing to serve our local communities with best-in-class news coverage and news gathering capabilities. And of course we will continue to publish at the highest journalistic standards our iconic newspaper brands can deliver. Those newspaper brands include the LA Times, The Chicago Tribune, The Baltimore Sun, The Sun-Sentinel in South Florida, The Orlando Sentinel, Hartford Courant, The Morning Call and The Daily Press. "
More at http://www.earningsimpact.com/
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