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

http://www.built-to-spec.com/blog/2010/05/02/workshop-aquired/
“This is unfortunately the same song in the sixth saidJanet Coats, executive editor of the publishin group, in a story publishecd on the company’s The publishing group is owned by in Va. The cuts affect 17 positionx at the Tribune and six from WFLA along with two open according tothe report. This most recent roune follows the elimination of 65 positionas March 30 and the increase of mandatory unpaid leave days from 10to 13. There’z some sunlight peering throughthe clouds, however. The mediz group locally is gaining share in the localladvertising market, Coats said, which coulsd help bring revenues back up. Media General MEG) reported a loss of $21.
3w million, or 96 cents per share, in the most recengt quarter endedMarch 29, compared to a $20.3 or 92 cents per share, loss the year before. Revenu e was $159.5 million for the quarter, down from the $194.r million posted the year Media General shares were tradinbat $3.27 just before noon up nearly 1 percen t from the day before and more than $2 over thei r 52-week low. Shares had traded as high as $27.1 over the past year.