PW: Tribune Sees Faster Growth in Consumer Unit

The education group's supplemental education division (grades K-8) represented 63% of total revenues, or $142 million last year. To help expand the education unit's exposure abroad, the company acquired Shortland Publications last fall for $32 million. Shortland, based in New Zealand, has been made part of the Wright Group, for which it has provided content for several years. Shortland will continue to maintain a 44-person product-development team in Auckland and a 20-person sales and marketing office in London.

The third part of the education group, high school and adult, contributed 11%, or $25 million in revenue. Tribune said it expects total revenues for the education group, which hit $226 million last year (News, Feb. 9), to more than double by 2000 through both internal growth and acquisitions.