Tribune Revs Up, Rockets On Retrans Fees 08/14/2015

Tribune Media witnessed weak TV advertising growth in its second-quarter reporting period — but continued sharp gains from retransmission/carriage fees from pay TV providers.Advertising sales grew 1.4% to $334.6 million, with core advertising — excluding political revenues — 2.3% higher. TV station retransmission fees soared 23% to $70.1 million.

Source: Tribune Revs Up, Rockets On Retrans Fees 08/14/2015