November 10, 2006 |
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.
July 10, 2013 |
Tribune Co. is getting out of the faltering newspaper business, but probably not the way it hoped. The media giant announced Wednesday that it will spin off its publishing unit into a separate company, a maneuver that's likely to delay a long-expected sale of the Los Angeles Times. The spinoff could take nine months to a year to complete. The new entity, to be called Tribune Publishing Co., would comprise The Times, the Chicago Tribune and six other daily papers. All other assets, including the company's real estate holdings and stakes in several Internet sites, would remain part of Tribune Co. The spinoff would be tax-free to Tribune shareholders.
December 19, 2013 |
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.
September 10, 2013 |
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 |
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)
April 3, 2007 |
After more than 120 years, the Chandlers are getting out of the newspaper business. The much-celebrated and maligned family that once dominated the civic, cultural and political life of Southern California through its control of the Los Angeles Times agreed Monday to sell its entire stake in Tribune Co., the newspaper's parent.
November 26, 2013 |
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.
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.
January 17, 2008 |
How much should a company's culture reflect its chief executive, especially one who prides himself on being a blunt and innovative -- some might say abrasive -- businessman? If you're new Tribune Co. CEO Sam Zell, the answer seems to be: A lot. At least that was the feeling workers got Wednesday with the distribution of a new employee handbook, a document that's nothing like the mind-numbing, lawyered gobbledygook in most corporate manuals. Consider the opening: "Rule #1: Use your best judgment."
July 16, 2013 |
With the planned spinoff of its newspaper unit underway, Tribune Co. is turning its attention to its real estate. The media company announced Tuesday the hiring of real estate veteran Murray McQueen to fill the newly created position of president of real estate. He will assess whether Tribune is making as much money as it can from its holdings, including the historic Los Angeles Times headquarters in downtown L.A. All told, the company owns more than 7 million square feet of real estate, including buildings, printing plants and other facilities.