Latest Tribune Co. Stories
Union Demands Agency Protect Public Interest As Required By Law WASHINGTON, July 13 /PRNewswire-USNewswire/ -- Yesterday the Teamsters Union responded at the Federal Communications Commission (FCC) to the Tribune Co., which had opposed the union's petition to deny Tribune's application for reorganization and for waivers of the broadcast cross-ownership rules.
Petitions FCC to Deny Tribune's Waiver Requests to Broadcast Cross-Ownership Rules WASHINGTON, June 15 /PRNewswire-USNewswire/ -- The Teamsters Union has petitioned the Federal Communications Commission (FCC) to deny Chicago-based Tribune Co.'s application for reorganization and for waivers of its broadcast cross-ownership rules - meant to protect localism and diversity in programming - until the owners of the company, Tribune employees, have their say.
CHICAGO, Oct. 12 /PRNewswire/ -- In a major national marketing initiative, Tribune Co.
The Ricketts family's purchase of the Chicago Cubs from the Tribune Co. has passed muster with federal antitrust regulators. Crain's Chicago Business reported Tuesday the approval of the $800 million deal appears on a Sept.
Tribune Co. creditors asked a U.S. bankruptcy judge for permission to hire a law firm to investigate billionaire Sam Zell's leveraged buyout of the company. Having put up $315 million for stock options, Zell controls the company.
Billionaire Sam Zell may be forced out of the Tribune Co., despite improvements in the Chicago media company's cash assets, sources close to the talks said. In a recent financial report filed in federal bankruptcy court, the Tribune's cash on hand rose to $740.5 million, up from $702 million in late May, the Chicago Sun-Times reported Friday. But creditors may be running out of patience with the management team that has leveraged the company $13 billion into debt, the newspaper said....
The Ricketts family and the Tribune Co.
The Dallas Morning News said it had reached a deal for Tribune Co. of Chicago to handle its national news ad sales. The deal allows Tribune Co. to offer national advertisers a new audience in addition to the Chicago Tribune, the Los Angeles Times, the Baltimore Sun and other newspapers.
The Tribune Co. and the Ricketts family have made progress in closing a sale for the Chicago Cubs baseball team and Wrigley Field, sources say. Sources familiar with the matter told Saturday's Chicago Tribune the parties have made good progress in the long negotiations, one day after Tribune Co.