The Morning Lowdown 11-23-11
» Nokia (NYSE: NOK) Siemens to Cut 17,000 Jobs (WSJ; Press release)
» James Murdoch quits the boards of Sun and Times…
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Hartford Courant Settles Copyright And Hot News Claims
The Hartford Courant, which provoked a lawsuit over an ill-fated aggregation experiment, quietly settled the case last week. The settlement…
The Morning Lowdown 10-24-11
» Does Apple (NSDQ: AAPL) CEO Tim Cook Also Want To Destroy Android? (paidContent)
» Steve Jobs To Biographer: ‘I’m G…
Associated Press Teams With 40 Newspapers On Mobile Coupons
With newspapers having suffered through 20 straight quarters of decline — and no end in sight — a collaborative effort on the part of the…
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The Disintegrating Economics Of Newspaper Circulation
Anna Tarkov calculates that the Chicago Tribune’s Groupon deal – two years of the Sunday ‘bune for $20 – works out to 19 cents an issue. Wha…
The Morning Lowdown 08-22-11
» Newspapers Edit Down Outlooks (WSJ)
» Murdoch told me to have someone followed: Buttrose (ABC News)
» T…
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Tribune’s Reported Android Tablet Plan A Head-Scratcher
It’s not clear why a publishing company like Tribune would think it has a chance to build an iPad competitor when companies that live and br…
Blow for Big Media as Court Rejects FCC Bid to Relax Cross-Ownership Rules
Public interest groups and at least one FCC commissioner cheered on Thursday after a federal appeals court threw out part of the agency’s me…
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The Morning Lowdown 06-22-11
» Is Hulu In Play Or Just Jumping Through Hoops? (paidContent)
» Barnes & Noble: E-books Now Outsell Print Books 3 To…
The Morning Lowdown 06-03-11
» Now that Groupon has filed for a $750 million IPO, it’s time to guess the next daily deal site to go public. (paidContent)
…
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Tribune Co. Promotes LA Times’ Hartenstein to President, CEO In Dual Role
Eddy Hartenstein, the publisher and CEO of Los Angeles Times Communications and a member of parent Tribune Company’s Executive Council, has…
IAC Adds Eisner To Its Board
A high profile addition to IAC’s board: Michael Eisner. The former Disney (NYSE: DIS) CEO will become the thirteenth member of the company’s…
comScore: January Browsing Was All About Jobs, Taxes And Travel
The latest comScore (NSDQ: SCOR) Media Metrix rankings are out and January showed web users thinking about three things in particular: jobs,…
The Morning Lowdown 01-27-11
» What could have been… Demand Media (NYSE: DMD) priced its IPO on Wednesday and saw its stock rise 33 percent its first day. B…
The Morning Lowdown 01-24-11
» Apple (NSDQ: AAPL) had an interesting weekend, which served to distract from last week’s news about CEO Steve Jobs taking an in…
Perfect Market Raises $9 Million In A Round Led By Comcast
For the second time in less than a year, a major media company is investing in Perfect Market, a startup that helps publishers better moneti…
Tribune Media Services Buys Video Search Engine CastTV
Tribune-subsidiary Tribune Media Services has purchased video search engine CastTV. CastTV indexes videos from thousands of sources on the w…
Chicago Tribune Goes Shopping With Groupon
Daily local deals aggregator Groupon may have rebuffed Google’s offers to acquire it, but the company is still open to shopping companions f…
The Morning Lowdown 12.01.10
» Online media buying service AppNexus has been cut off from Google’s ad exchange after placing an ad that violated the company’s…
More Tumult At Tribune, As It Restructures Digital
The Tribune Company is moving fast to reorganize is digital and other divisions in the wake of CEO Randy Michaels resignation nearly two wee…
The Morning Lowdown 11.01.10
» The Daily Show host Jon Stewart’s Rally To Restore Sanity in Washington, D.C., on Saturday was “history’s largest act of press…
The Morning Lowdown 10.25.10
» There was a lot of drama between Newsweek owner Sidney Harman, IAC (NSDQ: IACI) chief Barry Diller and The Daily Beast’s Tina B…
The Morning Lowdown 10.20.10
» Tribune Company CEO Randy Michaels says he’s not stepping down, contrary to previous reports this week. [Chicago Tribune]
…
The Morning Lowdown 10.19.10
» Tribune Company’s board appears to have had enough and is preparing to ask CEO Randy Michaels to step down. The move follows la…
The Morning Lowdown 10.07.10
» The NY Post’s Page Six columnist Richard Johnson is the latest prominent print journalist to make the leap to digital. But he’s…
Tribune Follows Gannett Into The Digital Marketing Services Business
With ad dollars for magazines and newspapers continuing to shrink, publishers like Meredith (NYSE: MDP) and Gannett (NYSE: GCI) have expande…
Tribune’s Zell: Newspaper Home Delivery Likely To Be Replaced By ‘PDFs’
Tribune Chairman Sam Zell — whose company is still in bankruptcy proceedings — went on CNBC today and explained why the bankruptcy process…
Hyperlocal Orange County News Net Ceasing Operations – But May Relaunch
After just four months of operation, the Orange County News Network is shutting down, according to a memo obtained by the Orange County Biz…
Perfect Market Gets $6 Million In Third Round Led By Tribune
Perfect Market, which helps publishers monetize their ‘long-tail’ content, is getting a major endorsement from one of its customers. The Tri…
LA Times Laying Off 80; Both The Monday Business Section, Paper Size To Shrink As Well
The LA Times is cutting 80 jobs as it closes an Orange County printing plant as it tries to reduce costs further. The paper will rely on jus…
PaperG Strikes Hyperlocal Ad Deals With NYT, Gannett, NY Post
Fresh from having raised a $1.1 million second round, local online ad tech provider PaperG has signed up the New York Times (NYSE: NYT) Regi…
Randy Michaels Replaces Sam Zell As Tribune CEO; Zell Stays As Chairman
Two years, billions of dollars and one bankruptcy later, Sam Zell is out as CEO of Tribune Co. In his place and at his recommendation: Randy…
Tribune Goes On A Diet — No AP News For One Week
The Tribune Company’s chain of newspapers will try to see if they can do without the Associated Press news feed next week, as the bankrupt p…
Tribune Looks To ‘Universal Registration’ For Ad Targeting Across Its Websites
Tribune Company plans to have users of its various newspaper websites sign in with a “universal registration” that is designed to make it ea…
Industry Moves: LAT's Artley Leaving To Head CNN.com Editorial
*Meredith* Artley is leaving as Los Angeles Times online managing editor for CNN.com to fill the global news site’s top edit job. Artley’s d…
Tribune To Sell Control Of Cubs, Wrigley Field To Ricketts Family For $845 Million
After a tortured bidding process dating back more than two years, the bankrupt Tribune Co. is selling the Ricketts family 95 percent of the…
Report: Zell To Lose Control Of Tribune Under Reorganization Plan
There’s more speculation that Sam Zell may ultimately be pushed aside at the Tribune Co., which filed for bankruptcy last December. The Chic…
Tribune Company Forms Ad-Sales Partnership With AH Belo
Struggling newspaper companies Tribune Company and AH Belo (NYSE: AHC) (NYSE: BLC) are teaming up to sell national print and online ads, Tri…
Murdoch: Newspapers Must Charge For Online; Debt Is The Problem, Not Print
News Corp (NYSE: NWS). chairman and CEO Rupert Murdoch was looking very casual as he dropped in for an interview to discuss the future of ne…
IRS Audits Tribune’s ESOP; Bankruptcy Court Approves Bonuses, Denies Severance
The Internal Revenue Service is investigating Tribune Company’s ESOP (employee stock ownership plan), which was a key part of Sam Zell’s pla…
ChicagTrib’s Recipe For New Site: A Dash Of HuffPo, Stir In Some Facebook — Do Not Add Display
The Chicago Tribune will introduce a new website adjunct in June called Chicago Now that has a lot of various elements: there’s social media…
Chicago Tribune Cuts Newsroom By 11 Percent
The Chicago Tribune has cut 53 newsroom jobs, paper’s Phil Rosenthal reported (via Romenesko). While certainly not good news for the staffer…
Labor Dept. Investigating Tribune Company’s Stock Ownership Plan
Tribune Company’s ESOP (employee stock option plan), which was a major component in Sam Zell’s purchase of the publisher two years ago, has…
Tribune Forms ‘Online Entertainment News’ Bureau; LAT and Zap2It Merge Efforts
Tribune, still in the middle of its Chapter 11 bankruptcy proceedings, has expanded into something new, for a change: it has formed an onlin…
NYTCo In Talks To Sell Part Of Building; Tribune Finds New Cubs Owner
Desperate to free up much-needed cash as the newspaper business struggles onward, the New York Times Co (NYSE: NYT). and Tribune Company are…
Newspaper Roundup: NYT; Lee; Gannett; Hoy; AsianWeek; Pew Research
— CBS makes NYT’s front page (in an ad): Trying to stave of further ad revenue declines, the NYT has accepted its first display ad on the f…
Sam Zell’s Plan D: It’s All About Buying Time
[Guest post by Ken Doctor, Content Bridges] Sam Zell’s House of Cards has fallen flat. Today’s bankruptcy filing changes everything and noth…
Tribune’s Ch. 11: Its Debt to Media Companies
From Tribune’s Chapter 11 filing, some of the media-related creditors Tribune owns money to, besides the big banks:
— Total Debt: $12,972,…
Tribune’s Ch. 11: Its Letter To Advertisers
Tribune has sent out a letter to its advertisers across newspaper, TV and other publishing outlets, trying to assure them about its Chapter…
Tribune Files For Ch. 11 Bankruptcy Protection; Cubs Not Included In Filing
Tribune has filed for Chapter 11 protection this morning, in bankruptcy court in Wilmington, Delaware. This comes after the news yesterday t…
Tribune Hires Bankruptcy Advisers; May File Ch. 11 This Week
Tribune, the Sam Zell-owned newspaper chain, has hired bankruptcy advisers in an attempt to stave off potential bankruptcy filing, reports N…
Earnings: Tribune Loses $124 Million In Q3; Severance, Writedowns Take Heavy Toll
Tribune CEO Sam Zell’s entry in the understatement of the week contest: “We are operating in an exceptionally difficult financial and econom…
@ Media & Money: No Government Bailout For Newspapers; WSJ’s Thompson: Newspapers Already Non-Profit
Given the level of distress throughout the newspaper business these days, maybe the industry should consider lobbying Capitol Hill for a bai…
Jack Nelson Among Current, Ex Tribune Co Staffers Suing Zell; Claim ‘Scam’
Current and former members of the Tribune Co. Employee Stock Option Plan (ESOP) and various retirement programs sued Sam Zell in U.S. Distri…
SEC Looks Into UAL Stock Scare; Implications For Online News?
A ton of digits have been devoted to this in other spots but the SEC’s decision to investigate takes it to another level. The backstory: a s…
Gannett Pays Tribune $135 Million To Acquire Majority Stake In CareerBuilder
Gannett (NYSE: GCI) has acquired an additional 10 percent stake in CareerBuilder from the troubled Tribune for $135 million. That gives Gann…
Industry Moves: Tribune Entertainment’s Morehouse Defects To Startup
Another Tribune Company exec departs… Clark Morehouse is the latest to leave Sam Zell’s house, exiting as head of Tribune Entertainment to…
Earnings: Tribune Q2 Revs Fall 5.7 Percent; Takes Huge Loss On Writedown; Interactive Down
Privately held Tribune isn’t bucking any industry trends… The Sam Zell-owned company has reported Q2 revenue of $1.1 billion, down 5.7 per…
Industry Moves: Tribune’s Silver Joins Yahoo Newspaper Consortium As Exec Director
Michael Silver, a former veteran exec with the The Tribune Company for two decades, is taking on the new post of executive director of the Y…
Newspaper Roundup: Yahoo; NYT; Tribune; Star-Ledger; NY Newsday/Cablevision
— *Yahoo* Newspaper Consortium: While Yahoo (NSDQ: YHOO) does not release the financials related to its Newspaper Consortium, but some of t…
More Tribune Cost Cutting: Trib Eliminates 80 Newsroom Jobs; Baltimore Sun Cuts Biz Section
More aggressive cost cutting at Tribune, which is doing everything in its power to avoid default… The flagship paper Chicago Tribune annou…
Tribune Gets $300 Million Loan To Pay Down Existing Debt
Getting some much-needed cash, Sam Zell’s Tribune has arranged a $300 million bank loan from Barclays, with the proceeds going towards debt…
Tribune’s Redesign Kicks Off With Orlando Sentinel
Tribune Co.’s Orlando Sentinel debuted on newsstands today in its stripped-down form. WSJ takes a look at the new layout — which incorporat…
Newspaper Roundup: Tribune Bankruptcy Speculation; Gannett, NYTCo May Numbers, Sun-Times
— Tribune: As industry economics deteriorate, speculation heightens that Sam Zell’s uber-leveraged Tribune Co. will be forced to file bankr…
Industry Moves: Top Tribune Publishing Exec Scott Smith Retiring
Scott Smith, president of Tribune Publishing since 2005, is stepping down. In a memo (via Chicago Tribune) Smith told the company: “Sam, Ra…
Not The Newspaper As You Know It: Tribune Plans Vast Changes, Cutting Pages, Jobs
The financial situation at the Tribune Co. is worse than we thought, Sam Zell, the company’s CEO, told investors during a conference call. S…
Tribune Weighs Sale Of Media Services Unit
Tribune may shed more baggage as it seeks to climb out from its enormous debt load. The privately-held company is weighing a sale of Tribune…
Updated: TiVo Partners With Chicago Tribune To Deliver Critic’s Picks; Will Offer Movies From Disney
TiVo (NSDQ: TIVO) has announced a partnership with the Chicago Tribune that will allow TiVo subscribers to automatically record the recommen…
Earnings: Tribune Q1 Revs Fall 7.8 Percent; Interactive Flat
For the benefit of its investors who aren’t named Sam Zell, Tribune announced Q1 revenue of $1.11 billion, a 7.8 percent decline from last y…
Industry Moves: Tribune Ups Broadcast/Interactive Head Randy Michaels To COO
After a chaotic six months at The Tribune Company’s interactive division, this may be a sign that things are settling down… Randy Michaels…
LATimes.com Projects $25 Million In ’08 Display Ad Revenue, Boosts Local Ad Efforts
Tribune’s LATimes.com expects to generate $25 million in display ad revenue this year, more than tripling the $6 million that area attracted…
Tribune Nears Sale Of Newsday To News Corp: Report
Looks like Rupert Murdoch may be on his way to some kind of odd New York trifecta … WSJ is reporting that parent News Corp is close to a $…
Tribune Previews Q1: Expect ‘Double-Digit’ Print Declines; Online Continues To Remain Positive
Details of The Tribune Company’s Q1 performance won’t be released until mid-May, but the media company sought to provide a general view of h…
Industry Moves: Tribune Taps Clear Channel’s Chase As Interactive President
After experiencing an executive shakeup earlier this year, The Tribune Company has hired Marc Chase, Clear Channel’s (NYSE: CCU) former SVP…
Tribune Could Default In ’09: Analyst
The massive debt load carried by Sam Zell-owned Tribune guarantees a paper-thin margin for error in its operations. Credit analyst David Nov…
Zuckerman On Newsday Bidding: Daily News Synergies; Comes Down To Price; Murdoch Always Overpays
Flipped over to MSNBC for a quick morning politics fix and caught Mort Zuckerman, owner of the New York Daily News (among other holdings), t…
Earnings: Tribune Swings To Loss In Q4
Tribune Company posted a $78.8 million loss from continuing operations in Q4, compared to a profit of $239 the year before. For the full yea…
Newspaper Roundup: NYTCo; Tribune; Scripps; LA Daily News
— NYTCo: The New York Times Company’s (NYSE: NYT) January revenues from continuing operations dropped 5.5 percent compared to the same mont…
Tribune Eliminating 400-500 Employees; 2 Percent Of Workforce; 100 At Trib; 100-150 At LAT
In yet another bid to cut costs, Tribune Co. will be cutting between 400-500 jobs, or around 2 percent of its total workforce, reports LA Ti…
More Shakeup At Tribune: Interactive Head Replaced
The shakeup of Tribune under Sam Zell continues: Tribune Interactive President Tim Landon has been replaced on an interim basis by Mark Soti…
Industry Moves: MySpace; Sprint; Vehix; CGS; IHT; IAC; Fox
— MySpace: Jeff Berman has been promoted to EVP-marketing and content from GM-MySpaceTV. He will lead the development of marketing initiati…
Industry Moves: New Tribune CEO Zell Appoints Two Top Execs, Five Board Members
Sam Zell didn’t waste any time as the new chairman and CEO of Tribune Company, (NYSE: TRB) hiring two senior execs and adding five directors…
It’s Official: Tribune Goes Private; Zell Takes Over, Invests Extra $65 Million
Tribune Company (NYSE: TRB) has completed its going-private transaction and will operate under the Tribune Employee Stock Ownership Plan (T…
Updated: Tribune’s FitzSimons Resigns As Zell Takeover Nears; Funding Not Yet Finalized
Update: Tribune Company (NYSE: TRB) Chairman and CEO Dennis FitzSimons has made his resignation official and will leave the company at the e…
Broadband Content Bits: Joost/NBA/PBS; Chicago Tribune; MySpace; Freemantle
— Joost: Two new agreements with two very different programmers: the NBA and PBS. With the NBA, Joost will run
Tribune’s November Revs Drop 3.3 Percent; Online Up 7.8 Percent, Classifieds Fall 26.2 Percent
The Tribune Company’s (NYSE: TRB) November revenue picture was pretty bleak, with online classifieds representing one of the few bright spot…
Tribune Gets Waivers, FCC Approval
The FCC voted 3-2 Friday to allow Tribune Company (NYSE: TRB) to transfer control of its radio and TV stations to Sam Zell et al, knocking a…
Tribune Interactive Launches Branded Channels On YouTube
Tribune Interactive is launching branded channels on YouTube for its newspapers and TV stations. The focus differs a little for each categor…
Tribune: October Interactive Up 11.4 Percent; Total Revs down 9.3 Percet on Ad Weakness
The Tribune (NYSE: TRB) Company announced October revenue of $383 million, down 9.3 percent from last year’s $422 million, primarily attribu…
Gannett Joins Tribune to Launch Metromix LLC; JV to Promote Tribune's Metromix Network
Gannett (NYSE: GCI) and Tribune have announced the creation of Metromix LLC, a joint venture that will promote and expand Metromix.com, a ne…
Earnings: Tribune Q3 Revenues Fall 4 Percent, Interactive Up 9 Percent
As it waits for a resolution to its pending $8 billion buyout, The Tribune Company (NYSE: TRB) is struggling with the same weak advertising…
LAT Sells Recycler Classifieds Back To Target Media Partners
The Los Angeles Times Media Group, part of Tribune, has sold Recycler Classifieds to classifieds firm to Target Media Partners, for an undis…
After Throwing Cold Water On NWS-DJ, FCC’s Copps Douses Tribune, XM-Sirius Deals
He might not have a decisive impact on the outcomes, but at least he’s consistent: FCC Commissioner Michael Copps, a long-time opponent of m…
Tribune Watch: Shareholders Back Buyout; Financing, Fed Approval Next Hurdles
Tribune Company (NYSE: TRB) took another step towards going private today when shareholders approved the $8.2 billion buyout. According to A…
On Eve Of Shareholder Vote, Some Investors Bet Tribune Deal Won't Happen
Tribune (NYSE: TRB) shareholders at a special meeting Tuesday are likely to approve Chicago billionaire Sam Zell’s complex $8.2 billion plan…
Industry Moves Roundup: IGN; LATimes; Scripps; BermanBraun; Napster
— Fox Interactive Media: FIM has appointed Charlie Barrett as SVP-sales for IGN Entertainment. He will head up sales for IGN.com, GameSpy,…
Earnings: Preparing To Go Private, Tribune’s Q2 Income Falls 58.7 Percent; Online Up 17 Percent
Citing the declining ad sales that’s plagued much of the newspaper industry, Tribune Company (NYSE: TRB), in perhaps its last earnings repor…
Tribune Interactive Rolling Out Metromix City Entertainment Brand Across Its Newspapers
Tribune Company hopes one of its oldest digital brands, local entertainment guide Metromix launched for Chicago a decade ago, can prove suc…
Tribune Deal Is Several Steps Away From Happening
With all the attention on the possibility of a Dow Jones sale to News Corp., it’s easy to forget that the Tribune Company still has to pass…
Free NYC Commuter Dailies Target Online Readers
After noticing the early web success of free New York City commuter tabloid amNew York, rival daily giveaway Metro New York (print circ. 310…
Tribune Starts Another Round Of Job Cuts
Maybe Sam Zell doesn’t see the people who put out the newspapers he plans to invest in as assets or maybe it’s all on management — although…
Earnings: Tribune’s 1Q Revenue, Profit Decline, While Interactive Classifieds Were Positive
Reporting its 1Q earnings a day later than previously scheduled, the Tribune Company (NYSE: TRB) cited softness in classified advertising a…
Earnings: Tribune Postpones Report Until Thursday
The Tribune Company was scheduled to report 1Q07 earnings before the market opened this morning but has postponed the release until tomorrow…
Tribune Update: Zells Keeps Talking; Stamford Sale Blocked; Shareholder Sues
The man who will take control of the Tribune Company if a complicated process goes as planned (note to copy desks: he’s not the new owner) h…
Tribune: Zell Talks; Burkle And Broad Plot; Debt Looms
Sam Zell, who hopes to be chairman of the Tribune Company by the end of the year, reads five daily newspapers and various business mags but…
It’s Official: Tribune To Go Private At $34 A Share — If Sale Goes Through; Cubs To Be Sold
After months of the corporate equivalent of water torture, the Tribune Company will go private and sell its sports interests — including th…
Tribune Watch: Last Minute Bid Wins Tribune For Zell: Report
The WSJ (sub. req.) is reporting that Chicago real estate mogul Sam Zell has won the bidding for Tribune Company. Exact terms weren’t availa…
Tribune Watch: Deal In The Wings?
No decisions yet from the Tribune board — as far as anyone outside the board knows — but the Chicago Tribune reports that negotiations wit…
Tribune Watch: Zell, Burkle-Broad Revised Bids Force Last-Minute Consideration
The Tribune Company board was supposed to announce results of its months-long navel-gazing/auction Saturday. But revised — upwards — bids…
Tribune Watch: As Zell’s Bid Gains Preference, Burkle And Broad May Issue Challenge
As the Tribune Company prepares to decide whether to put its newspaper and TV properties up for sale next week, LA businessmen Ron Burkle an…
Industry Moves: Former LAT Publisher Joins Burkle; Rashtchy Leaving Piper
Former Times publisher Johnson takes job with Burkle’s Yucaipa Cos.: An interesting move for former LAT publisher Jeffrey M. Johnson, who jo…
Tribune Watch: Zell Would Take Trib Private; Invest $300 Million; Become Chairman
Some more details on Chicago developer Sam Zell’s efforts to change the Tribune Company’s destiny from
Barrons (sub. req.) via “a person con…
Tribune Sells Two Small Newspapers To Gannett, As Zell Makes His Offer Official
The Tribune Company continues to inch closer to a decision on whether to sell its entire company, but in the interim, as expected, it has ag…
Tribune: Chicago Developer Zell’s Last-Minute Proposal Gets Hearing
A last-minute proposal by Chicago developer Sam Zell is “being actively worked” by the Tribune Company board, a source told its flagship Chi…
Tribune Likely To Wave Off All Bids
This is beginning to sound like the toddler who insists she can hold her own hand to get across the street … As has been possible all alon…
Industry Moves: IHT.com’s Artley Will Head LATimes.com Newsroom
We don’t cover a lot of editorial moves but this one stands out … Meredith Artley, who has been the International Herald Tribune’s digital…
Tribune Outsources Certain Classifieds and User-Gen Content Functions
Tribune has made two deals amidst its continuing probable-sale saga. The first one: It has tied up with news aggregator Topix.net, in which…
Murdoch Joining With Chandlers On Tribune Bid? Would Be Minority Partner: Report
The bidding for the Tribune Company may be getting more interesting if a report from the Financial Times about Rupert Murdoch’s involvement…
Tribune Board Committee Reviews Options; TV Stations May Be Key
Despite the intense focus on the Tribune’s newspapers, the special board committee responsible for reviewing the paltry three bids and the c…
Tribune Update: Three Bids In, None Stunning; Chandlers, Burkle & Broad Vie
The bids are in and the results reported so far are murky. According to the Tribune-owned LA Times, none of the bids really covers the whole…
Geffen Offered $2 Billion Cash For LA Times: Report
If there was an award for best coverage of your own organization, James Rainey of the LA Times would be one of the top nominees … today’s…
Chandler Family May Bid For (Bid Up?) Tribune: Report
Unsatisfied with the results so far of its push to have the Tribune Company sold, the NYT reports that the Chandler family is considering a…
Tribune Extends Sale Decision Deadline
Media and newspaper conglomerate Tribune has extended its deadline for deciding whether to sell the company from the end of the year until t…
Gannett May Be In Hunt For All — Or Part — Of Tribune
Not sure there’s enough Pepto-Bismol in the world for Gannett to swallow Tribune whole but bits and pieces of the company could be a differe…
Billionaires Burkle, Broad Making Joint Bid For Tribune: Reports
Los Angeles billionaires Ron Burkle and Eli Broad are teaming up to make a joint bid for the Tribune Co., according to reports from the LA T…
Tribune Forces Editor Out At LA Times
That didn’t take long … Dean Baquet, the editor of the Los Angeles Times in the spotlight for standing up to Tribune brass on demands for…
Tribune Willing To Consider Bids For Individual Assets; Offers For Whole Disappointing: Report
Resistant until now to efforts to cherry pick properties, the Tribune is now ready to hear bids for inididual assets, according to the NYT.…
Interest in Tribune is Lukewarm At Best: Report
Ever have that nightmare where you plan a party an no one shows up. That must be the feeling that Tribune’s bankers are having today.
The LA…
Dean Singleton May Join Tribune Fray
Dean Singleton’s MediaNews Group may snap up some of Tribune’s newspapers, according to Newsday. Citing a person close to the company, Newsd…
Tribune Protecting Top Employees
The Tribune Co. continues to prepare for a possible sale.
In filings with the Securities & Exchange Commission, the beleaguered media compan…
Old Media Again Calls for New Federal Ownership Rules
Some of the old media has added a new twist to its long-standing complaints about federal ownership regulations.
CBS seemed particularly ind…
PE Firms Considering Tribune; May Be Best Bet In Auction
Tribune Company’s exploration of options already includes an auction process; the Journal is reporting that the company is asking for nonbin…
Earnings: Trib Q3 Profit Misses Wall Street Forecasts; Online Revenue Soars
Tribune Co. buried its best news — the online numbers — in today’s third quarter earnings results. But anyone looking at buying either par…
LAT Starts Innovation Project Compared To Making Atomic Bomb
It’s exaggerated, of course, but the latest effort to remake the LA Times is code named “The Manhattan Project” (as in the rush to make an A…
Industry Moves: Publisher Forced Out At LA Times; Hiller Replaces Him
Some news making quite a buzz here at ONA/ASNE … The turmoil at Tribune Publishing continued today with the forced resignation of Jeffrey…
The End of the World As We Know It If Media Consolidation Continues?
FCC Chairman Kevin Martin is bringing his idea of loosening media restrictions to the country and he’s getting a mouthful. R.E.M.’s Mike Mil…
Tribune Board Appoints “Value Creation” Committee; LAT Not For Sale
The Tribune Company board meeting that some observers speculated could result in some kind of bold action instead wound up after five hours…
Tribune May Consider LBO or TV Spinoff
So says WSJ. Tribune is expected to consider some radical options at a big board meeting today, including taking the company private in a le…
Industry Moves: Viacom Brand Solutions UK; BBC Worldwide; Tribune Interactive
— New EVP/MD, Viacom Brand Solutions UK: MTV Networks UK has recruited Kevin Razvi as EVP and MD for Viacom Brand Solutions, the broadcaste…
Tribune, FIM, Others Try Ad Auctions Monetize To Make Money From Low-Traffic Pages
Tribune, LookSmart and Fox Interactive Media are wringing every last cent from their advertising space through a new product called Publishe…
LA Times Launches Its Dedicated RSS Newsreader
LA Times has been testing a dedicated RSS newsreader for a long time now…it started sometime early last year. Today, it has finally launch…
Web-Only Readers Account For Up To 15 Percent of Newspaper Audience: Study
Stop the web — websites help build newspaper audience! Web-only newspaper readers account for between two and 15 percent of a newspaper bra…
Icahn Boosts TW Stake, Starts New Fund; Peltz Buys Into Tribune
Activist, dissident — whatever the appellation, investors Carl Icahn and Norman Peltz are making headlines with their media buys. Icahn, wh…
Tribune Interactive Launches Mobile Network With 16 WAP Sites
Tribune Interactive has launched a mobile network with 16 WAP sites including latimes.com, chicagotribune.com, newsday.com, hoyinternet.com,…
LA Billionaires Try To Buy LAT; Tribune Says Not For Sale — Now
The Tribune Co. hasn’t been shy about its desire to raise money through the sale of non-core assets but the Chicago-based company has been a…
NAA Mid-Year: Singleton Bullish On Internet, Tribune’s FitzSimons
The Chicago Tribune’s Phil Rosenthal talked with MediaNews Group Chairman Dean Singleton about the Tribune Co., Chairman and CEO Dennis Fitz…
NAA Mid Year Roundup: NYTCO, DJ Pay Models; Media General, Journal Register,
— N.Y. Times, Dow Jones tout online pay models: NYTCO and DJ are considering more premium products. NYTCO CEO Janet Robinson said TimesSele…
Chandlers Demand Tribune Breakup; Cite Strategic Failure
Looks like the SEC filing that set off a wave of speculation about the Tribune Co. was a trial balloon after all … Last week, the three bo…
Tribune Split Rumors Aren’t Going Away
The very boost of the Tribune Co.’s stock — powered initially by last week’s buyback announcement and now split-up rumors aided by dissent…
Dissent On Tribune Board Could Cause Problems
More accurately, perhaps, the WSJ report about an SEC filing that shows dissension on the Tribune Co. board has set off a wave of speculatio…
Tough Decisions Aren’t Over For Tribune
The moves Tribune Co. announced this week — a $2 bllion-plus buyback, asset sales (non-core), and more cost-cutting — boosted the company’…
Tribune Buying Back 25 Percent Of Stock For $2 Billion Plus; Selling Assets
The Tribune Companies, which moved its annual meeting to Tribune Tower to save money, launched a series of financial initiatives today inclu…
Tribune Buys Out Realty Site ForSaleByOwner.com
Tribune Interactive, the digital media subsidiary of Tribune, has acquired ForSaleByOwner.com, a national real estate website that directly…
Earnings: Tribune’s Profits Down; Online Revs Up 30 Percent
Tribune’s Q1 profits fell 28 percent as revenue edged lower and the company absorbed stock-based compensation expenses and one-time charges.…
Trib CEO: “We’re Going To Operate Our Way Out Of This”
Tribune Co. Chairman and CEO Dennis FitzSimons is resisting suggesting that it’s time for the company to start selling assets. John Miller,…
Update On Newspaper Experiments With Free Classifieds; Tribune’s Recycler.com Back To Drawing Board
We wrote about it late last year when the San Diego Union-Tribune announced that, after 90 days, its experiment with free classifieds for it…
More on Tribune’s Online Earnings: Revs Total $180 Million
We covered Tribune’s Q4 earnings yesterday…some more details from the transcript of the conference call, on Media Stock Blog.
“Interactive…
Earnings: Tribune’s Earnings Plunge; Online Revs Up 40 Percent
Things aren’t very pretty at Tribune: Q4 earnings of $132.3 million down from $214.7 million in the year ago quarter. The 2005 figure includ…
Tribune Interactive Invests in Online Coupons Company
We don’t really cover online coupons but this involves Tribune: Tribune Interactive has invested in and partnered with Boodle, a provider of…
@ Media Week: FitzSimons: Tribune “Not Actively Involved” In Knight Ridder Process; Job Cuts Total
:Updated: Asked about potential interest in Knight Ridder’s larger markets, Tribune Chairam Dennis FitzSimons told UBS attendees, “We look a…
Sign Of The Times: Tribune Erases Last Vestiges Of Legendary News Service, Funnels Some Resources On
Is it just my imagination or are the Tribune Company and Knight Ridder trying to out do each other in the 4th-quarter cutback dash? Among th…
