Tribune losing €90,000 each week

THE Sunday Tribune lost almost €90,000 a week in 2003 and 2004, the latest annual report for the newspaper reveals.

Tribune losing €90,000 each week
Wed, 25 May, 2005 - 01:00
Ian Guider

The company blamed the losses on a costly redesign and promotions campaign aimed at improving sales at the ailing paper.

Pre-tax losses for the 18 months to December 2004 were €7.09 million, compared with a loss of €2.08m for the whole of 2003.

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