Tribune Co. petitioned for Chapter 11 bankruptcy today, and in its bankruptcy filing listed many key financial details, including who it owes money to. Among them are the amounts it...
It’s nothing compared to the cuts at virtually every paper in the Tribune chain, but News Corp is whacking some positions at the Wall Street Journal. Five high-ranking Journal and...
. . . around five minutes ago. INTERVIEWER: What about the ad market? SAM ZELL: What ad market?...
I'm outside of London right now with wacky connectivity, so the following memo may be everywhere already. But around an hour ago Hartford Courant staffers were told that around a...
Tribune recently hired former all-star radio consultant Lee Abrams to be its chief innovation officer. When the company did so, it likely did not expect some bloggy backlash from diehard...
I still don’t understand why more major-market newspapers aren’t doing this. The big-city daily typically owns a huge chunk of prime downtown real estate, which was bought, built and developed...
Perry Sook. (All together now: Who?)...
This week's column contains some suggestions for how new Tribune owner Sam Zell might make his big deal work. My goof in not asking all of you for input. So...
So says the new owner of Tribune when interviewed by Maria Bartiromo in this week's BusinessWeek. Full interview is here Some other interesting bits: "I don't have any plans to...
Turns out I am wrong in this post when I say Sam Zell will be stuck with the Los Angeles Times (and vice versa), and that selling the L.A. Times...
I was quiet here on Monday about the sale of Tribune, because I was working on this column....
UPDATE 4/6: Oooh--thesis below turns out to be wrong. Or at least incomplete. For a correction, an explanation, a mea culpa, and a couple of additional questions, read this post....
(UPDATE 1/18: This is why I generally avoid gambling and most forms of predictive markets! Reality checks as of 10:15 AM Eastern time in parentheses.) Bids due tomorrow for Tribune...
The New York Times Co.'s sale of its broadcast TV stations suggests that sale multiples for broadcast tv stations--in this case, major-network affiliated TV stations primarily located in mid-sized markets--are...
. . . about how the modern newspaper company can't get anything done quickly. I’ve harped on this before but, forgive me, I still can’t get over it. A...
Given all the recent developments, I'm starting to wonder who isn't interested in all or part of Tribune....
Surely it's entirely coincidental that Britney Spears and the Los Angeles Times (and by extension Tribune Co.) both essentially buried bad news by putting it out there yesterday. I mean,...
Those who said that Tribune Co. CEO Dennis FitzSimons would not tolerate pushback from Los Angeles Times execs were right. Jeff Johnson out as Publisher, replaced by David Hiller, Publisher...
It's pretty to think of a Los Angeles Times liberated from Tribune and in the hands of kindlier local ownership. But there are numerous real-world factors that argue against this...
I'll have more to say about the Tribune-Los Angeles Times situation in my next BusinessWeek column, which will go up on the Web late today. (UPDATE: It's here.) But Slate's...
A not-great earnings call yesterday; more job cuts at the Chicago Tribune announced today. (On yesterday's call, Chairman-CEO Dennis FitzSimons had very little to say about the Chandler situation.)...
Not that the rules allow them to say much right now. In that piece I identified a few properties that could, conceivably, fit Tribune's definition of a non-core asset, since...
When I wrote about Tribune in the most recent issue of BusinessWeek, one of the things I was unable to fit in the column--I swear!--and intended to address in this...
One of the weirdest spectacles of the media world circa right-now is the way Tribune is twisting, twisting in the wind, beset by terrible stock performance and board tumult. It's...
The media world continues to shapeshift as new forms arise and old assumptions erode. On this blog, Bloomberg Businessweek will provide sharp analysis and timely reports on the transformation of this constantly changing terrain.