Tribune Company

Stories

Stories 1 - 20 of 27

1 2 Next >>

September 2008
- LA Times Staffers Sue Zell for Trashing Tribune
  
  Wall Street Journal | Sep 17, 08 10:15 AM CDT
  
  (Newser) - A group of current and former Los Angeles Times journalists is suing the Tribune Company for recklessly mismanaging the chain of newspapers, the Wall Street Journal reports. The suit claims billionaire boss Sam Zell has trashed the company in a hunt for quick profits, destroying the value of their pension and stock-ownership plans—though the stock plan is majority owner in the unusual buyout scheme. More »
July 2008
- LA Times Insider Launches Anti-Zell Blog
  
  New York Times | Jul 21, 08 8:14 AM CDT
  
  (Newser) - Heads continue to roll at the Tribune Company, but one staffer is aiming to prove the pen is mightier than Sam Zell's ax, reports the New York Times, with new blog TellZell.com. The site is airing the gripes of Tribune's disgruntled journalists, and is finding plenty of fodder—from top-level resignations at the LA Times to publishing the unreleased list of employees facing layoffs. More »
- LA Times Publisher Exits
  
  Reuters | Jul 15, 08 2:08 AM CDT
  
  (Newser) - A bad day for the Tribune Company got even worse yesterday with the resignation of Los Angeles Times publisher David Hiller, Reuters reports. Hiller is leaving after less than 2 years with the paper as Tribune owner Sam Zell prepares to cut jobs again and reduce pages at his papers. The editor of the Chicago Tribune, another of Zell's media properties , quit earlier yesterday. More »
- Chicago Tribune Editor Resigns Amid Cutbacks
  
  Associated Press | Jul 14, 08 3:58 PM CDT
  
  (AP) - Chicago Tribune editor Ann Marie Lipinski handed in her resignation today after 7 years in the top post at the Tribune Company's flagship paper. Lipinski's departure comes a week after the 161-year-old newspaper told its staff it would eliminate about 80 newsroom jobs amid a broad effort to cut costs as advertising and circulation revenues decline at its newspapers nationwide. More »
June 2008
- For Sale: Chicago Landmark
  
  Chicago Sun-Times | Jun 25, 08 9:44 PM CDT
  
  (Newser) - Saddled by debt from his acquisition of the Tribune Company media empire, billionaire Sam Zell may sell off the iconic Chicago headquarters of the Tribune newspaper, he said yesterday. The 83-year-old Tribune Tower could fetch $250 million, analysts told the Sun-Times , with Zell likely needing to assure a new owner that the newspaper would continue to occupy the building on a long-term lease to fetch maximum value. More »
- Zell's Tribune Co. Heads Toward Default on Loans
  
  Bloomberg | Jun 19, 08 5:43 PM CDT
  
  (Newser) - As the newspaper industry continues its accelerating skid into the red, even billionaire Sam Zell's Tribune Company is on track to default on its massive loans as soon as the end of the year, an analyst predicts. The parent of the Chicago Tribune and Los Angeles Times is far from alone. Bloomberg takes a look at the industry as it struggles to overcome historic lows in advertising revenue. More »
- News Writers Should Strive to Write as Much as Possible, Says Tribune Co.
  
  Washington Post | Jun 10, 08 3:47 PM CDT
  
  (Newser) - The Tribune Co., which as you have probably guessed is the company that produces the Chicago Tribune, among other newspapers, is bringing a revolution, or a big change, to the news business. Tribune Co.’s Chief Operating Officer, Randy Michaels, has decided to start measuring productivity by word count, and Michael Kinsley of the Washington Post and the LA Times , which is a Tribune paper, thinks it’s a fabulous, superb, nifty, keen, downright great, and perhaps even visionary idea. More »
- Sam Zell: Saving Newspapers, or Burying Them?
  
  New York Times | Jun 9, 08 5:58 AM CDT
  
  (Newser) - Sam Zell and his Tribune Company announced last week that they would trim 500 pages of news each week from the conglomerate's dozen newspapers, including the LA Times and the Chicago Tribune . But is a paper split 50-50 between news and ads the solution for an industry in crisis? The New York Times looks at the viability of a radical plan. More »
- Honey, I'm Shrinking the Tribune Papers
  
  Chicago Sun-Times | Jun 6, 08 4:42 AM CDT
  
  (Newser) - Publisher Sam Zell has announced he'll quickly slash pages and more editorial jobs to offset huge debts and a larger-than-anticipated decline in advertising revenue at his newspapers, including the Los Angeles Times and Chicago Tribune . An 80-page edition of the Tribune could be sliced to 48 pages, reports the Chicago Sun-Times . The papers have already lost a significant number of staffers to buyouts. More »
April 2008
- Daily News Owner Makes Newsday Bid
  
  New York Times | Apr 26, 08 6:02 AM CDT
  
  (Newser) - Daily News owner Mort Zuckerman has matched Rupert Murdoch's bid for Newsday , the New York Times reports—but didn't go a penny over the $580 million the New York Post owner offered. Instead Zuckerman claimed his bid is the better one because, unlike Murdoch's, it doesn't run the risk of running into an FCC tripwire. More »
- Zell Turns to Radio Talent to Shake Up Newspapers
  
  Wall Street Journal | Apr 7, 08 8:20 AM CDT
  
  (Newser) - New publishing mogul Sam Zell is recruiting colorful veterans from the radio industry in a bid to help save his struggling Tribune Company, the Wall Street Journal reports. Zell is hoping the imports will spark innovation at the company, whose debt has swelled to $12.8 billion amid declining newspaper ad revenue. Most of the new recruits come from Clear Channel Communications; they're expected to shake up Zell's newspapers as they did the radio scene. More »
March 2008
- Newsday Sale Another Bad Sign in Teetering Industry
  
  New York Times | Mar 24, 08 11:07 AM CDT
  
  (Newser) - Just last year, Sam Zell was optimistic enough about newspapers to buy the Tribune Company. Now he’s selling Newsday , one of the conglomerate’s top publications. “The news business is something worse than horrible,” he said recently. Across the industry, gung-ho new owners like Zell are experiencing buyer’s remorse, David Carr writes in the New York Times . More »
- Zell Might Sell Newsday
  
  New York Times | Mar 20, 08 9:44 PM CDT
  
  (Newser) - Falling ad revenues could push Sam Zell's Tribune Company to sell Newsday , the Long Island newspaper with the 10th-highest circulation in the nation, the New York Times reports. Among those interested are Rupert Murdoch, who already owns the New York Post . Also in the running are the owner of the Daily News and the family that runs Cablevision. Tribune announced yesterday it lost $78 million in the fourth quarter. More »
January 2008
- LA Times Shakeup: He Said, He Said
  
  Wall Street Journal | Jan 22, 08 2:23 PM CST
  
  (Newser) - In announcing that James O'Shea was leaving the LA Times, publisher David Hiller said the paper's top editor was "unable to make the hard choices" involved in budget-cutting. But the rift may run deeper: O'Shea tells the Wall Street Journal his ideological differences over how to save a sinking paper just didn't gel with Hiller's. More »
- LA Times Loses 3rd Editor to Budget Disputes
  
  Associated Press | Jan 21, 08 4:32 AM CST
  
  (Newser) - The top editor of the Los Angeles Times has been fired after a confrontation with publisher David Hiller over $4 million in planned newsroom cutbacks, reports AP. James O'Shea's departure after just 14 months marks the third time in less than three years that the paper's top editor has left over budget issues. Hiller denies that he fired O'Shea and said his departure was part of a "reorganization." More »
December 2007

News Sections

Newser Specials

Stories

LA Times Staffers Sue Zell for Trashing Tribune

LA Times Insider Launches Anti-Zell Blog

LA Times Publisher Exits

Chicago Tribune Editor Resigns Amid Cutbacks

For Sale: Chicago Landmark

Zell's Tribune Co. Heads Toward Default on Loans

News Writers Should Strive to Write as Much as Possible, Says Tribune Co.

Sam Zell: Saving Newspapers, or Burying Them?

Honey, I'm Shrinking the Tribune Papers

Daily News Owner Makes Newsday Bid

Zell Turns to Radio Talent to Shake Up Newspapers

Newsday Sale Another Bad Sign in Teetering Industry

Zell Might Sell Newsday

LA Times Shakeup: He Said, He Said

LA Times Loses 3rd Editor to Budget Disputes