Tribune

It’s Official: Cablevision Confirms Newsday Acquisition; Acquiring 97 Percent For $632 Million - 0 Comments
Posted By Joseph Weisenthal - Mon 12 May 2008 05:04 AM PST

As expected, Cablevision (NYSE: CVC) has won the Newsday-stakes, and will acquire 97 percent of the Tribune-owned paper for $632 million. Tribune will get another $18 million related to prepaid…

Industry Moves: Aegis Media; Facebook; MTV; Tribune - 0 Comments
Posted By Amanda Natividad - Sun 11 May 2008 04:54 PM PST

-- Aegis Media: Mainardo de Nardis has stepped down from his role as CEO and will be succeeded by Jerry Buhlmann, who also joins the board June 2. Buhlmann has…

Earnings: Tribune Q1 Revs Fall 7.8 Percent; Interactive Flat - 0 Comments
Posted By Joseph Weisenthal - Fri 09 May 2008 05:48 AM PST

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 year. Net income ballooned, but that’s…

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Industry Moves: Tribune Ups Broadcast/Interactive Head Randy Michaels To COO - 0 Comments
Posted By David Kaplan - Wed 07 May 2008 01:16 PM PST

After a chaotic six months at The Tribune Company’s interactive division, this may be a sign that things are settling down… Randy Michaels, who defected from radio network Clear Channel…

LATimes.com Projects $25 Million In ‘08 Display Ad Revenue, Boosts Local Ad Efforts - 1 Comment
Posted By David Kaplan - Thu 01 May 2008 05:32 AM PST

Tribune’s LATimes.com expects to generate $25 million in display ad revenue this year, more than tripling the $6 million that area attracted three years ago, according to Rob Barrett, SVP…

Cablevision Ready To Pay $650 Million For Newsday: Report - 0 Comments
Posted By Joseph Weisenthal - Wed 30 Apr 2008 12:41 PM PST

Yesterday, reports had Cablevision (NYSE: CVC) making a joint bid, possibly with Jared Kushner, for Newsday, the Long Island-based paper. Now WSJ is reporting that the cable operator is willing…

Cablevision Ponders Joint Bid For Newsday; Possible Combo With Jared Kushner: Report - 0 Comments
Posted By Joseph Weisenthal - Tue 29 Apr 2008 09:22 AM PST

Don’t count on Newsday, the Tribune-owned Long Island paper, going to News Corp (NYSE: NWS). just yet. Not only is Zuckerman still in the hunt, but new reports have Cablevision…

Zuckerman Bids $580 Million For Newsday; Matches Murdoch - 1 Comment
Posted By Rafat Ali - Fri 25 Apr 2008 05:39 PM PST

Mort Zuckerman, the owner of the New York Daily News and U.S. News and World Report, has offered $580 million to acquire Newsday from Tribune, matching a bid earlier this…

Tribune Nears Sale Of Newsday To News Corp: Report - 0 Comments
Posted By Staci D. Kramer - Mon 21 Apr 2008 08:24 PM PST

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 $580…

Tribune Previews Q1: Expect ‘Double-Digit’ Print Declines; Online Continues To Remain Positive - 0 Comments
Posted By David Kaplan - Thu 17 Apr 2008 01:27 PM PST

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 how it did since going private in…

Industry Moves: Tribune Taps Clear Channel’s Chase As Interactive President - 0 Comments
Posted By David Kaplan - Tue 08 Apr 2008 02:01 PM PST

After experiencing an executive shakeup earlier this year, The Tribune Company has hired Marc Chase, Clear Channel’s (NYSE: CCU) former SVP for programming, as president of interactive. Chase replaces Mark…

Tribune Could Default In ‘09: Analyst - 0 Comments
Posted By Joseph Weisenthal - Fri 04 Apr 2008 09:30 AM PST

The massive debt load carried by Sam Zell-owned Tribune guarantees a paper-thin margin for error in its operations. Credit analyst David Novosel estimates that the company has $4 billion in…

Latest Report Adds Kushner To The List Of Potential Newsday Suitors - 0 Comments
Posted By Staci D. Kramer - Tue 01 Apr 2008 08:27 PM PST

Add Jared Kushner, owner of the New York Observer, to the pool of potential suitors for Newsday, according to the Wall Street Journal. Those already reported to be interested include…

Zuckerman On Newsday Bidding: Daily News Synergies; Comes Down To Price; Murdoch Always Overpays - 0 Comments
Posted By Joseph Weisenthal - Tue 25 Mar 2008 05:44 AM PST

Flipped over to MSNBC for a quick morning politics fix and caught Mort Zuckerman, owner of the New York Daily News (among other holdings), talking about rumors of his interest…

10-K Watch: Tribune: Newsday Numbers; Disposals Planned; Interactive Revs Up 12 Percent - 0 Comments
Posted By Joseph Weisenthal - Fri 21 Mar 2008 08:57 AM PST

Privately-held Tribune has filed its 10-K, a day after reports suggested that the company was shopping Newsday. Also yesterday, the company released Q4 numbers showing it had swung to a…

Newsday On The Block; Cablevision, News Corp. Interested: Reports - 0 Comments
Posted By Joseph Weisenthal - Thu 20 Mar 2008 07:13 PM PST

Tribune-owned Newsday, the Long Island-serving paper, is up for sale according to multiple reports. Both Cablevision (NYSE: CVC) (also based on Long Island) and News Corp (NYSE: NWS). are said…

Earnings: Tribune Swings To Loss In Q4 - 0 Comments
Posted By David Kaplan - Thu 20 Mar 2008 11:58 AM PST

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 year 2007, Tribune reported income from…

Industry Moves: Tribune Hires Innovation Officer; What About Motivation Officer? - 0 Comments
Posted By Rafat Ali - Wed 12 Mar 2008 06:40 PM PST

And it certainly needs all the help it can get on innovation, and that elusive thing, motivation: Tribune has hired radio veteran Lee Abrams as its first-ever chief innovation officer,…

The Quadrant Goes Collective: Newspaper Ad Alliance Picks Sides - 1 Comment
Posted By David Kaplan - Wed 27 Feb 2008 08:34 AM PST

We hear that NYC-based online ad network Collective Media has won a bid to power quadrantONE, the online newspaper advertising alliance backed by The Tribune Company, Gannett (NYSE: GCI), Hearst…

NYT-Gannett-Trib-Hearst Combine To Form Local Online Ad Sales Company quadrantONE - 1 Comment
Posted By Rafat Ali - Thu 14 Feb 2008 11:53 PM PST

This has been in works for a while as an alternative to the Yahoo (NSDQ: YHOO) newspaper consortium, as well as the Google-newspapers ad effort, and now it is finally…

LA Times Names Stanton Editor; Staff Shake-Up Has Bellack And Barrett Heading Digital - 0 Comments
Posted By David Kaplan - Thu 14 Feb 2008 01:57 PM PST

With all the talk of job cuts at the Tribune Company and New York Times in the last two days, here’s something a little different: the Los Angeles Times has…

Tribune Eliminating 400-500 Employees; 2 Percent Of Workforce; 100 At Trib; 100-150 At LAT - 0 Comments
Posted By Joseph Weisenthal - Wed 13 Feb 2008 11:41 AM PST

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 Times. The LA Times itself…

More Shakeup At Tribune: Interactive Head Replaced - 0 Comments
Posted By Rafat Ali - Mon 11 Feb 2008 03:40 PM PST

The shakeup of Tribune under Sam Zell continues: Tribune Interactive President Tim Landon has been replaced on an interim basis by Mark Sotir, managing director of Zell’s Equity Group Investments.…

Industry Moves: MySpace; Sprint; Vehix; CGS; IHT; IAC; Fox - 0 Comments
Posted By Amanda Natividad - Thu 24 Jan 2008 04:05 PM PST

-- MySpace: Jeff Berman has been promoted to EVP-marketing and content from GM-MySpaceTV. He will lead the development of marketing initiatives and oversee the growth of the social network’s various…

LA Times Publisher, Former Editor Dispute Departure; Zell Emphasizes Autonomy - 0 Comments
Posted By Staci D. Kramer - Mon 21 Jan 2008 02:56 PM PST

Push just came to shove at the LA Times, in a matter of speaking, with Tribune Company chairman and CEO Sam Zell coming down squarely on the business side in…