April 14, 2014
Russ Newton joined The Times in 2000 as director of operations and president at California Community News, one of the Times wholly-owned business units. Before joining The Times, he was director of operations from 1998 to 2000 at Landoll Inc., a Tribune Education company. Previously, he led the packaging department at the Orlando Sentinel in Orlando, Fla., from 1994 to 1998, and the production division, press and packaging areas at the Daily Press in Newport News, Va., from 1987 to 1994. Newton joined Tribune Co. in 1985, serving as a shift supervisor, crew supervisor and trainer at the Chicago Tribune from 1985 to 1987.
April 11, 2014 |
WASHINGTON -- Rep. Henry A. Waxman said Friday that six media experts he consulted have serious concerns about the fate of the Los Angeles Times under the Tribune Co.'s plans to spin off the newspaper and seven others into a separate unit and called on company executives to change the terms. The experts said the spinoff provisos, such as a requirement for the newspaper unit to pay the parent company a cash dividend that could be about $325 million, would "place the long-term viability of the Los Angeles Times and other Tribune papers at risk," Waxman (D-Beverly Hills)
April 4, 2014 |
CHICAGO — Investors filled up on shares of GrubHub in the company's first day of trading. GrubHub shares rose as high as $40.80 on Friday and ended up 31%, at $34. The Chicago company's gains came even as the overall stock market fell, with the Dow Jones industrial average, the Standard & Poor's 500 index and the Nasdaq composite all posting declines. At $34 a share, the online food ordering service is worth about $2.67 billion, or roughly half as much as Groupon Inc., the Chicago daily deals company.
March 9, 2014 |
Clint Massey, who raps under the name RondoNumbaNine, brags in one of his videos about his ability to "meet face to face, put a hole in your face, still beat the case. " "Glock go blah , damn, that's great," he raps. Now the 17-year-old Chicago rapper is charged with first-degree murder in a shooting, and investigators say there's a fingerprint, witnesses and video footage that connect him to the killing, according to local media reports. Massey appeared in court Sunday, where he was ordered held in lieu of $2-million bail on suspicion of being part of a two-gunman team that shot and killed a livery driver in Chicago's South Side in February.
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.