Tribune classifieds boom online, slump offline

Tribune Company, owner of the LATimes and the Chicago Tribune, says that online revenues in August grew 29% to $6.4 million, up from $4.9 million in August 2001. The growth is attributed to the company’s CareerBuilder web site, says this article.

Meanwhile print classified sales declined 1%, with the biggest decline coming in the “help wanted” category, which was down 17 percent.

Cannibalization? Nawww.