February 25, 2014 |
George Lucas and his wife, Chicago investment fund chief Mellody Hobson, are giving $25 million to build a deluxe arts center for a private grade school and high school on the University of Chicago's campus -- to be named for Gordon Parks, the celebrated photojournalist and film director who in 1969 became the first black director of a major studio film. The gift, reported by the Chicago Tribune, will cover more than half the cost of the $43.7-million Gordon Parks Arts Hall, expected to open next year, housing a gallery and studios for visual art and performance spaces of 700, 250 and 150 seats.
CALIFORNIA | LOCAL
February 19, 2014
James C. Dowdle Executive helped expand Tribune's TV, Internet operations James C. Dowdle, 79, an executive who played a key role in the transformation of Tribune Co. into a major media conglomerate, died Monday of congestive heart failure at his home in Wilmette, Ill., his family said. When Dowdle joined the company in 1981, Tribune was focused, as it had been for more than a century, on its newspaper holdings, particularly its flagship Chicago Tribune. By the time Dowdle retired nearly 19 years later as the company's second-ranking executive, Tribune owned 18 television stations, reached more than 75% of U.S. households, held a minority share in the WB network and was also aggressively involved in nearly every aspect of the information industry, including cable television, the Internet and new media.
February 18, 2014 |
In spinning off its publishing business, Tribune Co. will pick up a dividend that could be about $325 million from the new public company, which would consist of the Los Angeles Times, the Chicago Tribune and six other daily newspapers. Although the exact amount won't be determined until the separation agreement is final, expected in midyear, Tribune has indicated that the dividend it would receive from Tribune Publishing Co. would be worth about $325 million. That figure is contained in a document related to Tribune's purchase in December of a group of television stations.
February 6, 2014 |
WASHINGTON - Rep. Henry A. Waxman, after a 30-minute meeting with Tribune Co. Chief Executive Peter Liguori, said he still was concerned about the company's plans to spin off the Los Angeles Times and seven other newspapers into a separate unit. Waxman (D-Beverly Hills) had requested the face-to-face discussion after a meeting last month between his staff and Tribune executives failed to ease his worries that the newspapers would be hobbled financially after the spinoff. "I expressed to him my concern that they not leave the L.A. Times and the other newspapers with inadequate funding," Waxman said in an interview Thursday.
January 27, 2014 |
Arctic air is once again sweeping the nation east of the Rockies, hitting the East and mid-Atlantic states with frigid weather, with temperatures on average 20 to 30 degrees below normal throughout the region, according to the National Weather Service. In Chicago, a wind-chill warning shut down hundreds of schools Monday, commuters have been hit with public transit delays, and about 400 flights at Chicago O'Hare International Airport have been canceled, according to the Chicago Tribune.
CALIFORNIA | LOCAL
January 13, 2014 |
SAN DIEGO -- A woman who died after falling Sunday at Sunset Cliffs was identified Monday as a graduate student from the University of Illinois at Chicago. Anna Bachman, 25, was in San Diego for a midwinter break from her studies. She and her sister were taking pictures at Sunset Cliffs on the Pacific Ocean when Bachman slipped and fell to the large rocks about 50 feet below. Bachman was posing for a picture when she fell. She was declared dead by paramedics, according to the county medical examiner, who listed Bachman's hometown as Santa Rosa in Northern California.