April 15, 2014 |
SHREVEPORT, La. - A woodsy stretch of Willow Lake Farm, just outside this city, has been painstakingly built to look like a 17 t h century New England village, filled with shops and houses with steep-pitched roofs and drab clapboard exteriors. Milling about nearby are women in elaborate capes and cinched dresses, and men clad in peasant shirts and heavy coats. It's all textbook quaint - until you see the towering gallows at the center of town. This is the setting for "Salem," the new TV series from Tribune Co.'s WGN America set in the Massachusetts village that was the scene of notorious Colonial witch trials.
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 11, 2014 |
Tribune Co.'s newspaper unit will pay a dividend of up to $275 million to its parent when it is spun off later this year, according to a government filing. The new Tribune Publishing Co. will own the Los Angeles Times and seven other newspapers. Shares of the company will trade on the New York Stock Exchange under the ticker symbol TPUB. Details about the dividend were made public in a lengthy filing with the Securities and Exchange Commission submitted late Friday. The dividend has sparked opposition from critics who say it would weigh on the company at a time of diminishing advertising revenue and intensifying digital competition.
April 3, 2014 |
Tribune Digital Ventures, the technology and innovation arm of Tribune Co., has agreed to acquire TV by the Numbers, a source of television ratings analysis and programming news, the company said Thursday. Tribune Digital Ventures is also relaunching its entertainment website Zap2it to focus on helping consumers discover programming to watch on traditional TV and streaming services, including Netflix, Amazon and Hulu. Financial details were...
March 28, 2014 |
Profit at Tribune Co., the parent of the Los Angeles Times and other newspaper, radio and television properties, fell sharply last year amid a further decline in newspaper advertising and a significant drop in earnings at its broadcast division. The Chicago media company reported net income of $241.6 million for the year, down 43% from $422.5 million in 2012. Total operating revenue fell 8% to $2.9 billion, with a 6% decline in publishing and an 11% drop in broadcasting. For the fourth quarter, revenue dropped $97 million, or 11%, to $773 million, partly because the quarter included one fewer week than the previous year's final three months.