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

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“This is unfortunately the same song in the sixth saidJanet Coats, executive editorf of the publishing group, in a story publishecd on the company’s TBO.com. The publishingf group is owned byin Richmond, Va. The cuts affect 17 positions at the Tribune and six from WFLA alon with twoopen positions, according to the report. This most recenr round follows the eliminatiob of 65 positions March 30 and the increase of mandatoryu unpaid leave days from 10to 13. There’s some sunlight peeringh throughthe clouds, however. The mediqa group locally is gaining share in the localadvertisingg market, Coats said, which could help bring revenues back up.
Medias General (NYSE: MEG) reported a loss of $21.3 million, or 96 cents per share, in the most recen quarter endedMarch 29, comparec to a $20.3 million, or 92 centws per share, loss the year before. Revenue was $159.6 million for the quarter, down from the $194. 5 million posted the year before. Media Generalk shares were tradingat $3.27 just before noon up nearly 1 percent from the day beforwe and more than $2 over theidr 52-week low. Shares had traded as high as $27.19 over the past year.