Tribune Co.

POYNTER

Gannett asks Tribune's stockholders 'to send a clear message'

On Monday, Gannett announced it was seeking "withhold" votes at Tribune Publishing Co.'s annual meeting on June 2. 'We intend to give Tribune stockholders the opportunity to send a clear message to the Tribune Board that its lack of engagement with our Board and management team regarding our highly compelling, premium offer for $12.25 per share in cash … Read More
POYNTER

Weak Tribune Publishing and Scripps earnings make the case for spinning off newspapers

Tribune Publishing and E.W. Scripps this morning reported disappointing fourth quarter revenues from newspaper operations, matching the pattern established by other public companies. At the same time, the results suggested some of the logic behind divorcing newspapers from broadcast, as Tribune Publishing did seven months ago and Scripps plans for this April. Continuing the tone he … Read More
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News Corp. rumored to be putting together a new bid for Tribune newspapers

Rumor has it that News Corp -- with a $2.5 billion cash kitty for acquisitions -- may be mounting a new bid for the Los Angeles Times, the Chicago Tribune and the six other Tribune newspapers. Rupert Murdoch and his company were first reported interested in the acquisition (in a story in the L.A. Times and elsewhere) when the … Read More
POYNTER

Tribune expands music business with Gracenote purchase

Tribune Co. | The New York Times Tribune Co. is purchasing the music metadata firm Gracenote in an $170 million agreement with Sony Corp. of America, the company announced Monday: Gracenote is the largest source of music data in the world, featuring metadata for more than 180 million tracks, which helps power more than a billion smart phones and tablets, as well as the world’s most popular streaming music services. Read More
POYNTER

RedEye Chicago cover designs prove print can be interactive too

Chicago basketball fans are in a somber mood this week after news broke that Bulls star Derrick Rose will miss another season. RedEye -- the Chicago Tribune's free daily tabloid geared toward millennials -- rose to the occasion yesterday, offering a space on the print cover for fans to express their own unique get-well-soon wishes. Read More