TRIBUNE EMERGES FROM BANKRUPTCY

Tribune Co. is due to emerge from Chapter 11 bankruptcy protection today (Monday) with a new board composed mostly of TV and movie executives who have had little experience running either newspapers or television stations, Tribune’s principal properties. It owns eight newspapers, including the Chicago Tribune, the Los Angeles Times, the Baltimore Sun, and the […]

GEFFEN: ANOTHER NEW MOVIE STUDIO? “IMPOSSIBLE”

David Geffen, who was once one of the most powerful figures in Hollywood — he was already a billionaire several times over from his music business when he cofounded DreamWorks with Steven Spielberg and Jeffrey Katzenberg in 1994 — now appears to be content remaining on the sidelines. Appearing at a news conference with television […]

TRIBUNE CO. LOSES ITS BIGGEST STARR

Tribune Co., which has parted ways with hundreds of reporters at its newspapers and television stations since Sam Zell’s takeover of the company in 2007, will be losing its most famous and most senior reporter of all. Brenda Starr, a comic-strip character who first appeared 70 years ago, is being dropped by Tribune Media Services […]

RANDY MICHAELS OUSTED AT TRIBUNE

Randy Michaels has been ousted as chief executive of The Tribune Company after waging a last-ditch effort to hold on to his job in the face of strident criticism of his crude management style that he brought with him from his years at rock-and-roll radio stations. The New York Times, which had earlier published an […]

REPORT: TRIBUNE SET TO FIRE ITS CEO

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, […]

EISNER SAYS HE’S NOT INTERESTED IN HEADING TRIBUNE

Former Disney chief Michael Eisner has scoffed at reports that he is in line to take over the chairmanship of the Tribune Co. In an interview on KTRS in St. Louis on Tuesday, Eisner insisted that he hadn’t even “thought of running” Tribune, which owns 23 television stations and a slew of newspapers that include […]

NEW LAWSUITS FILED IN BRITAIN’S HACKERGATE SCANDAL

Chris Bryant, the former Foreign Office Minister for Europe in the British Labor Party government, and Brian Paddick, a former Metropolitan Police (Scotland Yard) senior officer, have filed a lawsuit against the Yard, claiming that other officials of the agency engaged in a strategic cover-up of widespread phone hacking by the Sunday tabloid News of […]