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BUSINESS
August 1, 2006 | Thomas S. Mulligan, Times Staff Writer
Tribune Co. Chairman and Chief Executive Dennis J. FitzSimons disclosed that he underwent surgery for prostate cancer Monday and expected to return to work full time before the end of August. "Tests have indicated the disease is at an early stage and prospects are excellent for a quick and full recovery," FitzSimons, 56, wrote in an e-mail message to employees Monday afternoon. The company issued a news release simultaneously.
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BUSINESS
November 16, 2012 | By Jim Puzzanghera
WASHINGTON -- Federal regulators on Friday granted waivers to the Tribune Co. for its ownership of newspapers and broadcast stations in five markets, clearing the way for the company to emerge from its long-running bankruptcy. The Federal Communication Commission's Media Bureau issued the waivers of its so-called cross-ownership rules for Tribune's media properties in Los Angeles, Chicago, New York, South Florida and Hartford, Conn. The waivers allow the agency to transfer TV and radio station licenses in those markets to Tribune's new owners, a group led by senior creditors Oaktree Capital Management , Angelo Gordon & Co. and JPMorgan Chase & Co. “We are extremely pleased with today's action by the FCC,” said Eddy Hartenstein, Tribune's chief executive officer.
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BUSINESS
November 16, 2012 | By Jim Puzzanghera
WASHINGTON -- Federal regulators on Friday granted waivers to the Tribune Co. for its ownership of newspapers and broadcast stations in five markets, clearing the way for the company to emerge from its long-running bankruptcy. The Federal Communication Commission's Media Bureau issued the waivers of its so-called cross-ownership rules for Tribune's media properties in Los Angeles, Chicago, New York, South Florida and Hartford, Conn. The waivers allow the agency to transfer TV and radio station licenses in those markets to Tribune's new owners, a group led by senior creditors Oaktree Capital Management , Angelo Gordon & Co. and JPMorgan Chase & Co. “We are extremely pleased with today's action by the FCC,” said Eddy Hartenstein, Tribune's chief executive officer.
BUSINESS
November 15, 2012 | By Jim Puzzanghera, Los Angeles Times
WASHINGTON — Tribune Co. is close to securing the regulatory approval it needs to emerge from its long-running bankruptcy. The staff of the Federal Communications Commission on Wednesday recommended that the agency grant the company waivers of rules that prohibit the ownership of newspapers and broadcast stations in the same city. Tribune needs the waivers for its cross-ownership of media properties in Los Angeles and four other markets. The waivers — the last major hurdle in the four-year case — would be granted Friday as long as none of the five commissioners raises serious objections, according to a person at the FCC who wasn't authorized to speak and therefore did not want to be identified.
BUSINESS
November 15, 2012 | By Jim Puzzanghera, Los Angeles Times
WASHINGTON — Tribune Co. is close to securing the regulatory approval it needs to emerge from its long-running bankruptcy. The staff of the Federal Communications Commission on Wednesday recommended that the agency grant the company waivers of rules that prohibit the ownership of newspapers and broadcast stations in the same city. Tribune needs the waivers for its cross-ownership of media properties in Los Angeles and four other markets. The waivers — the last major hurdle in the four-year case — would be granted Friday as long as none of the five commissioners raises serious objections, according to a person at the FCC who wasn't authorized to speak and therefore did not want to be identified.
BUSINESS
August 30, 1995
Tribune to Buy San Diego TV Station: The Chicago-based media company said it plans to buy its ninth television station, San Diego's KTTY-TV, for $70.5 million. Tribune said it won the rights to acquire the station, a Warner Bros. Television Network affiliate, at an auction. The transaction is expected to close by Dec. 31. KTTY was launched in 1984 by a San Diego investment group that still owns and operates the station.
NEWS
November 12, 1994 | Associated Press
The Chicago Tribune has sent a handful of reporters and production workers to the strikebound San Francisco Chronicle, a Tribune spokeswoman confirmed Friday. Other newspapers have also been asked to help the Chronicle since 2,600 reporters, salespeople, printers and delivery drivers went on strike against the paper, as well as the San Francisco Examiner, on Nov. 1, Tribune spokeswoman Faith Brown said.
NEWS
December 4, 1989 | From Times Staff and Wire Reports
More than a third of U.S. hospitals failed to meet quality standards for surgery, blood transfusions and treatment in coronary and intensive care units, according to a report in the Chicago Tribune. In addition, the newspaper said, more than 40% of hospitals surveyed were cited for violations of safety standards, ranging from inadequate electrical wiring to improper disposal of hazardous waste.
BUSINESS
April 22, 1996 | Times Staff and Wire Reports
Tribune Co. Completes Purchase KTTY-TV: The Chicago-based company said it bought the San Diego television station for $70.5 million from Citibank, which took over the property after the previous owners defaulted on their obligations. The transaction, originally announced Aug. 29, gives the Tribune Co. its 10th television station. KTTY (Channel 69) is in the nation's 16th-largest market in terms of television revenue. Tribune Co.
NATIONAL
December 10, 2008 | Robert Becker and Todd Lighty, Becker and Lighty write for the Chicago Tribune.
Angered by Chicago Tribune editorials, Illinois Gov. Rod R. Blagojevich tried to get members of the newspaper's editorial board fired, promising in exchange to support lucrative state financial assistance in the sale of Wrigley Field -- part of the cash-strapped parent company's efforts to sell the Chicago Cubs, authorities charged Tuesday.
NATIONAL
October 18, 2008 | Kate Linthicum
The Los Angeles Times and the Chicago Tribune on Friday endorsed Barack Obama -- the first time either newspaper has supported a Democrat for president. Obama has picked up endorsements from several other big newspapers in the last week, including the Boston Globe and the Washington Post. He has been endorsed by more than 50 newspapers nationwide, and his opponent, Republican John McCain, has been endorsed by 16, according to Editor & Publisher, a journal that covers the newspaper industry.
BUSINESS
July 17, 2007 | From the Associated Press
The Chicago Tribune will join others in the struggling newspaper industry in selling front-page advertisements, the paper said Monday. The Tribune also will run the 1 1/2 -inch strip ads on the front of its sports and Tempo sections as part of an effort to generate more revenue, spokesman Mike Dizon said. He said the ads would be unobtrusive and emphasized that the news would continue to be edited and presented independent of the advertising. It's not yet known when the ads will begin.
BUSINESS
August 1, 2006 | Thomas S. Mulligan, Times Staff Writer
Tribune Co. Chairman and Chief Executive Dennis J. FitzSimons disclosed that he underwent surgery for prostate cancer Monday and expected to return to work full time before the end of August. "Tests have indicated the disease is at an early stage and prospects are excellent for a quick and full recovery," FitzSimons, 56, wrote in an e-mail message to employees Monday afternoon. The company issued a news release simultaneously.
BUSINESS
January 12, 2006
Newspaper publisher Tribune Co. said it would pull most stock-price listings from the Chicago Tribune, citing rising newsprint costs and increasing use of the Internet to track stocks. The paper said it would run condensed listings for the most active stocks and mutual funds Tuesday through Friday, publishing an extensive report on Saturdays. Readers will be able to get complete stock and fund prices by visiting the paper's website or by calling a new toll-free number.
NATIONAL
September 16, 2002 | From Times Wire Reports
Nationally syndicated Chicago Tribune columnist Bob Greene resigned after acknowledging he engaged in inappropriate sexual conduct with a teenage girl, the newspaper said. In a note on the paper's front page Sunday, Editor Ann Marie Lipinski said Greene acknowledged the sexual conduct with a girl in her late teens whom he'd met in connection with his column. Greene, 55, told Associated Press in an e-mail Sunday that there have been "indiscretions in my life that I am not proud of."
NEWS
June 12, 2000 | From Associated Press
George W. Bush says Texas has "adequately answered innocence or guilt" in its death penalty cases and disagreed with a newspaper report Sunday that dozens of inmates have been executed although their defenses were marred by unreliable evidence, disbarred or suspended defense attorneys and questionable psychiatric testimony. The Republican presidential contender has expressed confidence in his state's system of capital punishment and has said he sees no need to institute a moratorium.
NEWS
June 17, 1997 | DAVID SHAW, TIMES STAFF WRITER
Tribune Co., publisher of the Chicago Tribune, is investing $15 million to $20 million in its interactive media division this year, making it probably the most aggressive and well-financed program of any paper in the country.
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