Zell: Eroding Tribune Co. Revenue May Force Sell-Off Of Newspapers

Chicago Tribune revenue is down significantly so far this year, and may force the Chicago media giant to sell off newspapers and other properties, Chairman and CEO Sam Zell said. "When we got into this, our goal was to keep everything together, and to preserve the ownership of all the assets," Zell said. "The significant erosions of the first quarter has certainly put that plan into some question, and we are forced to consider the divestiture of some of our assets."
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