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The impending end of Times Mirror Co. as a Los Angeles institution signals the passing of a consequential and controversial California epoch, and may mark the final major chapter in the abandonment of downtown Los Angeles by major corporations. On Monday, the city's political and cultural leaders reacted with wariness and concern to news that Times Mirror Co., parent company of The Times, was being acquired by Chicago-based Tribune Co.
November 10, 2006 | James Rainey, Times Staff Writer
John S. Carroll was at the pinnacle of his career. The editor of the Los Angeles Times had just led the newspaper to two Pulitzer Prizes, the 12th and 13th of his five-year tenure. The coveted public-service award that spring of 2005 seemed particularly sweet. It honored the newspaper's investigation into patient deaths at Martin Luther King Jr./Drew Medical Center -- a series that Carroll had painstakingly polished himself, pencil in hand.
December 19, 2013 | By Richard Simon
WASHINGTON - Rep. Henry A. Waxman (D-Los Angeles), expressing concern about the future of the Los Angeles Times, is asking Tribune Co. executives to explain the company's move to spin off its newspaper operations into a separate company. "I am concerned that corporate actions the Tribune Co. is taking may not be in the best interests of the Los Angeles Times," Waxman said in a letter to Peter Liguori, Tribune's chief executive. The company last week filed paperwork with the Securities and Exchange Commission as a preliminary step toward establishing the newspaper unit, to be called Tribune Publishing Co. The newspaper unit will pay the parent company an undetermined cash dividend, funded through borrowing, according to the filing.
April 11, 2014 | By Walter Hamilton and Jim Puzzanghera
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.
March 6, 2014 | By Meg James
Veteran publishing executive Jack Griffin has been named chief executive of the new Tribune Publishing Co., leading a group of eight newspapers including the Los Angeles Times and Chicago Tribune. The publishing chain is being spun off as a separately traded public company by Chicago-based Tribune Co., which plans to retain ownership of its TV stations and related broadcast properties. The separation is expected to happen by this summer. ON LOCATION: Where the cameras roll Eddy Hartenstein, who has been publisher of The Times since August 2008, will become chairman of Tribune Publishing, a non-executive role.
September 10, 2013 | By Robert Lloyd, Times Television Critic
Arsenio Hall, who was on the cover of Time magazine in 1989 ("TV's hip host grabs the post-Carson generation"), returned to the air Monday night for an indefinite run as the host of a revived "The Arsenio Hall Show. " (It should be said right off that the Tribune Co., of which this paper is a property, is a co-producer of the series.) "Leave it to the first black late-night host to take 19 years off work," said Hall, "and come back here and expect my job to still be waiting for me. " If it was not a stunning return to form -- the original show was a cultural landmark over its five-year run, the place where candidate Bill Clinton famously donned a pair of sunglasses and blew a couple of choruses of "Heartbreak Hotel" -- it was, in any case, a return.
July 29, 2013 | By Yvonne Villarreal
For Arsenio Hall, revisiting the talk show circuit after a nearly 20-year absence, comes with at least two caveats for the Dog Pound looking to get reacquainted with their ol' late night pal: less hair, littler shoulder pads. "It's kind of the same Arsenio you know," Hall joked while promoting his upcoming late-night talker, "The Arsenio Hall Show," Monday at the Television Critics Assn. press tour.  Hall made a splash on the late-night arena in the late '80s and early '90s, with his hit syndicated talk show, bringing a new voice to the scene and creating memorable moments along the way (he cites Magic Johnson's revealing he had HIV, and then-presidential hopeful Bill Clinton playing the saxophone as his most personally memorable shows)
June 19, 2013 | By Meg James
Tribune Co. has hired Steven Berns, the top finance executive for cosmetics company Revlon Inc., as its chief financial officer and promoted its current CFO, Chandler Bigelow, to serve in an expanded role developing strategy for the company. Chicago-based Tribune, parent company of the Los Angeles Times, made the announcements Wednesday. Bigelow, the company's CFO for nearly five years, will transition into a newly created position of executive vice president and chief business strategies and operations officer.
April 22, 2013 | By Victoria Kim and Joseph Serna
News agency Reuters has fired deputy social media editor Matthew Keys after he was indicted on federal charges of conspiring with the hacking group Anonymous to breach a Tribune Co. website, changing a Los Angeles Times online story. Matthew Keys, 26, said on his Twitter account Monday morning that he “Just got off the phone. Reuters has fired me, effective today. Our union will be filing a grievance. More soon.” Reuters spokesman David Girardin confirmed the firing. Keys was charged last month with three hacking-related counts in the December 2010 incident.
November 26, 2013 | By James Rainey
Nearly 40 news organizations have accused the Obama administration of improperly controlling images of the president by limiting the access granted to independent photojournalists while allowing free rein by the White House's own photographers. In a letter and a meeting last week, the news outlets and journalism groups complained to White House Press Secretary Jay Carney about the practice, saying the White House has prevented an unvarnished view of government business, while encouraging officially sanctioned competition for private news organizations.
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