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Tribune to pay $15 millon for circulation fraud

December 20, 2007 by Veronica Villafañe

The Tribune Co. has agreed to pay a $15 million settlement in order to close the criminal fraud investigation into inflated circulation at Hoy New York and Newsday. Both papers reported false circulation numbers to the Audit Bureau of Circulations, between 2001 and 2004.

In an article published in Newsday, the paper acknowledges that it inflated circulation of its publication by as much as 100,000 copies, and Hoy’s by as much as 45,000. To date, the newspaper has paid advertisers $83 million in restitution. As part of the settlement, Tribune will not face criminal charges.

Earlier this year, Tribune sold Hoy New York to ImpreMedia, publisher of El diario/La Prensa and La Opinión.

Filed Under: People Tagged With: circulation fraud, Tribune

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Veronica Villafañe, Editor & Publisher

Emmy award-winning journalist and former president of the National Association of Hispanic Journalists (NAHJ). Most recently, a reporter for Voice of America, she has worked as an on-air reporter, anchor, writer and producer for Spanish and English-language TV, print and online media, including Univision, Telemundo, Fox 11 News in L.A. and the San Jose Mercury News.

She is also a Hispanic media and entertainment contributor to Forbes.

Full bio here
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