MURDOCH DETERMINED TO REVIVE HIS STRUGGLING NEWSPAPERS

Rupert Murdoch suggested on Thursday that he’s exhilarated by the prospect of restarting News Corp as a stand-alone news operation. At a New York investors conference, he remarked “You may be wondering why I want to do it all over again. The simple answer is: there is opportunity everywhere.” Not too many other media moguls […]

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 […]

TRIBUNE LIKELY TO DUMP NEWSPAPERS, BECOME A BROADCAST COMPANY

The Tribune Co. may wind up as strictly a broadcast company if reports that it plans to sell its newspaper holdings prove to be accurate. Bloomberg said on Tuesday that Tribune, whose newspapers include the Chicago Tribune, Los Angeles Times, Baltimore Sun, Orlando Sentinel and Hartford Courant, intends to sell the money-losing print assets as […]

REPORT: TV VET LIGUORI TO HEAD TRIBUNE

Peter Liguori, who built the News Corp-owned FX cable network into a powerhouse and later, as COO of Discovery Communications, oversaw the launch of Oprah Winfrey’s cable network, will become CEO of Tribune Co. when it emerges from bankruptcy, the Chicago Tribune and the Los Angeles Times (both Tribune-owned newspapers) reported today (Saturday), citing sources […]

TRIBUNE’S WPIX REMAINS DARK IN NEW YORK

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. […]

WILL TRIBUNE MEDIA EMPIRE NOW BE BROKEN UP?

The once-mighty Tribune Corporation, which owns a slew of newspapers, radio and TV stations and interests in cable channels is about to exit bankruptcy protection, but with a future no brighter than it was when it entered it three years ago. The company will emerge with new owners — principally the companies that lent it […]

TRIBUNE SEEMS TO HAVE LOST BATTLE WITH DIRECTV

Tribune Co.’s television stations are back on DirecTV after the two companies reached an agreement on retransmission fees. Subscribers to the satellite service had not been able to receive the stations since Sunday, when Tribune yanked them. Terms of the deal were not disclosed but DirecTV executive Derek Chang indicated that Tribune did not get […]

TRIBUNE STATIONS REMAIN DARK ON DIRECTV

Stations owned by Tribune Corp. disappeared from the satellite service DirecTV on Sunday in a dispute over retransmission consent fees. Tribune owns 23 TV stations in the U.S., including several in top markets. Tribune President Nils Larsen said in a statement, “We don’t want anyone to lose the valuable programming we provide, but we simply […]

JUDGE REJECTS BOTH SIDES’ PLANS TO RESTRUCTURE TRIBUNE

In a hefty, 126-page opinion in which he invoked the parable of the born enemies, a fox and a scorpion, who had to cooperate in order to cross a river, a federal bankruptcy judge on Monday rejected two proposals for reorganizing Tribune Co., the owner of newspapers such as the Chicago Tribune and the Los […]

MICHAELS’S CLEAR CHANNEL COHORTS AXED AT TRIBUNE

Several of ousted Tribune CEO Randy Michaels’s former colleagues from his radio days at Jacor and Clear Channel Communications are following him out the door of the media company. The Chicago Tribune reported on Tuesday that they include John Phillips, a former traffic reporter for Clear Channel, whom Michaels had brought on board as director […]

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