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BuzzMachine (Free subscription) | yesterday
Companies have stupid fetishes about their names. Tribune Company isn’t The Tribune Company, it’s Tribune Company – no damned “the.” Time Inc. isn’t Time, Inc., we were informed when I worked there, it’s Time Inc. In a corporate dining room, there used to be a memo from one of the company’s founders with a rubber [...]
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MediaBistro.com (Free subscription) | 23/11/2009
Click here to receive mediabistro.com's Daily Newsfeed via email. Why Tapping a Non-Business Journalist to Edit BusinessWeek Just Might Make Sense (The Big Money) Marion Menaker: Last week Josh Tyrangiel was named the new editor of BusinessWeek as the publication completes the transition in ownership from McGraw-Hill to Bloomberg. His appointment represents the passing of financial media from the...
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BlogNetNews.com/Iowa (Free subscription) | 23/11/2009
© 2009, Des Moines Register and Tribune Company Sarah Palin could expect a lot of support in Iowa’s Republican caucuses if she launched a campaign for the 2012 presidential nomination, according to The Des Moines Register’s Iowa Poll. But the rising national figure, who is scheduled to stop in Iowa next month [...]
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MediaBistro.com (Free subscription) | 20/11/2009
Today saw the premiere issue of the much-discussed Chicago edition of The New York Times . The Times has been encroaching on regional news since it started Bay Area coverage last month , and the launch in Chicago is further indication that Arthur Sulzberger and company are betting the future of journalism is in hyper-local coverage. But it's not just the outreach to other cities that has competing...
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Networked Journalism Summit (Free subscription) | 20/11/2009
Tweet: How bankruptcy can help a newspaper get theah from heah. Don’t squander it. ** I fear that Tribune Company – and other newspaper companies – will come out of bankruptcy having squandered the opportunity it presents to rebuild from the ground up. At the New Business Models for (Local) News Summit at CUNY last week, my [...]
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SeekingAlpha Media Stocks (Free subscription) | 18/11/2009
Jeff Jarvis submits: Tweet : How bankruptcy can help a newspaper get theah from heah: Don’t squander it. ** I fear that Tribune Company – and other newspaper companies – will come out of bankruptcy having squandered the opportunity it presents to rebuild from the ground up. Complete Story »
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Paidcontent (Free subscription) | 16/11/2009
Tribune Company management under Sam Zell has sought an extension on its “exclusivity” to come up with a plan to emerge from bankruptcy, Chicago Tribune reported . The company made its request in a bankruptcy court filing, which indicated that if its request is approved, Tribune could come out of its bankruptcy by the end of next May. As it stands now, management’s exclusivity is...
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MediaBistro.com (Free subscription) | 16/11/2009
The Tribune Company indicated in court papers filed last Friday that it might emerge from bankruptcy by May 31 of next year. The company is filing for a four month extension "to craft a plan to exit Chapter 11 without interference from other parties." Bankruptcy is very confusing. More from the LA Times : The Chicago-based media company, whose holdings include the Los Angeles Times and KTLA-TV...
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TV Squad (Free subscription) | 15/11/2009
There's a lot of speculation in the biz about what will Oprah do next . The daytime talk show giant supposedly made up her mind recently and decided that her syndicated show, The Oprah Winfrey Show , would end its run in syndication and move to OWN, the Oprah Winfrey Network (formerly Discovery Health). An official announcement is anticipated before the end of the year, but is that really was Oprah...
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San Fransisco Chronicle (Free subscription) | 10/11/2009
Tribune Co., the owner of The Chicago Tribune, the Los Angeles Times and other news outlets, said Tuesday it will pay back $170 million worth of outstanding "debtor-in-possession" debt, which it took out to pay for Chapter 11 bankruptcy proceedings. Tribune... Los Angeles Times - Chapter 11 Title 11 United States Code - Tribune Company - Debt - United States
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PR News Wire (Free subscription) | 10/11/2009
CHICAGO, Nov. 10 /PRNewswire/ -- Tribune Company announced today that it will pay back the entire $170 million loan outstanding under the Company's syndicated accounts receivable asset-backed Debtor-in-Possession (DIP) facility led by Barclays Bank PLC (Barclays). All lenders will be notified of Tribune's intent today.
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Dick Destiny (Free subscription) | 06/11/2009
THAT'S BRILLIANT! Good news, lads! Good news! As companies continue mass firings and hundreds of thousands of lives stumble and and fail, the Los Angeles Times has your back. Even though the Tribune company is firing people left and right, in bankruptcy and losing circulation, it continues to come up with winning ideas like shipping its Official Los Angeles Rock Critic in from Tuscaloosa , Alabama,...
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THE METHODS REPORTER (Free subscription) | 05/11/2009
"How, for instance, can any 'owner' be fired without cause or due process? How is it that fired 'owners' lost all rights to future profits — such as they might be — upon termination...? Aren't the... (Like this story? Click the headline to vote it up on WindyCitizen.com)
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MediaBistro.com (Free subscription) | 04/11/2009
Chief Administrative Officer Gerry Spector indicated yesterday in a memo about retirement plan changes that the Employee Stock Ownership Plan (ESOP) was going to be killed. Ed Padgett has posted the memo on his Los Angeles Times pressmen blog , and we found the following excerpt especially interesting: When we emerge from bankruptcy, we expect that the shares of Tribune stock held by the ESOP will...
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2008 Democratic Convention Watch (Free subscription) | 04/11/2009
We've written before about how much of the MSM has closed out many of their local bureaus. For a lot of base news, they depend either on one another, as through pool reports, or through AP, Reuters or another bureau. Next week, the Tribune Company newspapers will cease using AP materials, with the exception of sports statistics and any information not available from any other source. This experiment...