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[$$] Tribune Media's Profit Declines, Revenue Climbs

Co. (TRCO) in the fourth quarter as the company’s results in the year-ago quarter included a $219.8 million income tax benefit. The company reported net income of $132.8 million, down 60% from the comparable quarter a year prior. Tribune Media’s results for the fourth quarter a year prior included a $219.8 million income-tax benefit whereas the results for the most recent fourth quarter included $46 million in income tax expense.