WILL TRIBUNE MEDIA EMPIRE NOW BE BROKEN UP?
June 7, 2012 by admin · Leave a Comment
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 […]
REPORT: TRIBUNE SET TO FIRE ITS CEO
October 19, 2010 by admin · 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 admin · 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 […]
TRIBUNE TV STATIONS TO REVAMP NEWSCASTS
May 4, 2010 by admin · Leave a Comment
The new president of Tribune Broadcasting has vowed to shake things up at its 23 owned-and-operated TV stations. Jerry Kersting, who was appointed to the post on Monday, said in a statement, “We intend to shake up traditional local television news by doing things differently and giving viewers innovative broadcasts and a clear choice in […]
