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It joins other major media players in allowing fast-growing TV and digital operations to operate more freely and not be weighed down by the declining newspaper business.
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Read More »Tribune Co. to cut 700 jobs at newspaper division
Tribune Co. says it's eliminating about 700 jobs as part of a restructuring of its newspaper business.
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Read More »Baltimore Sun owner to split into 2 companies
CHICAGO — Tribune Co. said Wednesday that it wants to split its broadcasting and publishing businesses into two companies. Tribune said the move will let one company take advantage of growth in broadcasting and allow the other to focus on ...
Tagged with: Bankruptcy Banks Business business news newspapers television the baltimore sun tribune co.
Read More »Tribune to acquire 19 TV stations for $2.73B
CHICAGO — Tribune Co. said Monday that it reached a deal to buy Local TV Holdings LLC’s 19 TV stations for $2.73 billion in cash, significantly boosting its television business as it looks to sell its newspaper operations. Tribune currently ...
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Read More »Buffett: ‘No thanks’ on buying Tribune papers
Warren Buffett has been buying newspapers recently but says he’s not interested in the big papers owned by Tribune Co. Buffett spoke about his recent interest in the newspaper business on CNBC Monday. His Berkshire Hathaway will own 28 daily ...
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Read More »In-House Interrogatory
Should discussions between attorneys and their firm's in-house counsel remain confidential?
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Read More »Tribune leaves bankruptcy after 4 years
CHICAGO — Tribune Co., the parent company of The Baltimore Sun, the Los Angeles Times and the Chicago Tribune, emerged from a Chapter 11 restructuring Monday, more than four years after the media company sought bankruptcy protection. The reorganized company ...
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Read More »Creditors appeal Tribune bankruptcy plan approval
DOVER, Del. — Unhappy creditors are challenging a federal judge’s approval of Tribune Co.’s plan to emerge from bankruptcy, asking that it be put on hold until their appeals are heard. Separate appeals were filed late Monday by Aurelius Capital ...
Tagged with: appeals Aurelius Capital Management Bankruptcy Banks creditors debt jp morgan chase Settlement tribune co.
Read More »Tribune Co. gets OK for bankruptcy-exit plan
DOVER, Del. — Tribune Co. won court approval to emerge from Chapter 11 bankruptcy protection, more than four years after a leveraged buyout left the media company with unsustainable debt. U.S. Bankruptcy Judge Kevin Carey in Wilmington, Del., on Friday ...
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Read More »Tribune bankruptcy case likely to extend to summer
WILMINGTON, Del. — Media company Tribune Co. likely won’t emerge from bankruptcy protection until at least this summer. Tribune, which has been under Chapter 11 protection for three years, had hoped to end the case this year. But in October, ...
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