5 Quotes by Dennis FitzSimons

From Tribune's perspective, this is the best of all worlds.

We have taken aggressive steps to reduce expenses. Now, our top priority for 2006 is revenue growth. The recent decision to affiliate 16 of our TV stations with The CW Network is a great step forward for our broadcasting group. We also look to continue expanding our interactive operations.

Tight cost controls remain in effect, and our actions in 2005 resulted in a 5% year-over-year staff reduction, or approximately 1,200 positions across the company, and lower compensation expense.

Our third-quarter results reflect the continuing soft ad environment, which is impacting both our newspaper and television groups.

Clearly the year hasn't been what we hoped it would be. In short, we are doing things differently and doing it wherever and whenever it makes sense.