Monday, December 9, 2019

TRIBUNE’S WPIX REMAINS DARK IN NEW YORK

August 20, 2012 by · Leave a Comment 

Another week and another stand-off between a cable or satellite distributor and a content provider. In this case, it’s New York-based Cablevision versus Tribune Corp, which owns WPIX in New York and WPHL in Philadelphia, cities where Cablevision operates. Statements from each side echoed those released during previous clashes between other cable and content companies. […]

TRIBUNE CREDITORS TO SUE ZELL

December 7, 2010 by · Leave a Comment 

Just hours ahead of a Wednesday deadline, Tribune Co. lenders plan to file a lawsuit today (Tuesday) against Sam Zell, the real estate mogul who engineered the $11.7 billion leveraged buyout of Tribune in April 2007, the New York Post reported today. The newspaper said that lawyers for the lenders will accuse Zell, who put […]

REPORT: TRIBUNE SET TO FIRE ITS CEO

October 19, 2010 by · Leave a Comment 

UPDATE: Tribune CEO Randy Michaels emerged from a meeting of The Tribune Co.’s board of directors Tuesday, remarking to reporters: “I work here today and I’m still working.” The Tribune Company is expected to fire CEO Randy Michaels today (Tuesday), days after Michaels himself dismissed another top executive, Lee Abrams, as its chief innovation officer, […]

TRIBUNE DEAL: BORN BANKRUPT

July 27, 2010 by · Leave a Comment 

The examiner appointed by a Delaware bankruptcy court to evaluate claims that the sale of the Tribune Co. to a group headed by real-estate billionaire Sam Zell was conducted fraudulently appeared to be of two minds concerning the transaction as he submitted his findings in an almost 700-page report on Monday. The $8.2-billion deal consisted […]