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Circulation and financial status
As of October 2007:
"While the [rival Pittsburgh] Post-Gazette claims 212,075 weekday readers, documents in the case peg the Trib-Review at 52,453."
"...the Tribune-Review has been a gurgling sinkhole from Day One; Scaife's lawyers say their client has pumped as much as $312 million into it over the years. And he's going to have to keep on pumping. The Tribune-Review's CEO has predicted an annual shortfall of $20 million for years to come."
Articles and Resources
- ↑ Richard Mellon Scaife in the Wikipedia.
- ↑ Clint Hendler (2007-10-23). Richard Mellon Scaife. Columbia Journalism Review. Retrieved on 2010-01-12. “the lawsuit has revealed embarrassing, although not entirely unexpected, financial and circulation numbers at the Tribune-Review. While the Post-Gazette claims 212,075 weekday readers, documents in the case peg the Trib-Review at 52,453. That’s grim. But not as grim as the ledger books, which look so bad that “Ritchie” Scaife, Richard’s soon to be ex-wife, and her lawyers are arguing that the paper looses so much that under tax law, it should be classified as a hobby.”
- ↑ David Segal (2007-10-22). Low Road to Splitsville. Washington Post. Retrieved on 2010-01-12. “Ritchie Scaife's attorneys ... say that Richard Scaife operates the Tribune-Review with so little concern for profit and loss that it's more a hobby than a business.”