Ann Marie Lipinski, former editor of the Chicago Tribune, on Tuesday was named curator of the Nieman Foundation for Journalism at Harvard University. Get the full story »
Inside these posts: Chicago Tribune
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Tribune Co.’s Meek to exit company
Chicago Tribune parent Tribune co. is moving its Tribune Digital divsion into Tribune Technology, under Executive Vice President and Chief Technology Officer Steve Gable, employees were told today.
Don Meek, who had led Tribune Digital as executive vice president since November, when it changed its name from Tribune Interactive, is leaving the company.
Advisers value Tribune Co.’s newspapers below $1B
Two Tribune Co. financial advisers provided stark evidence of the newspaper industry’s decline Friday when they testified in bankruptcy court that the company’s flagship publishing division may have dropped below an estimated $1 billion in value. Get the full story »
Creditors OK Tribune-backed reorganization plan
Tribune Co. said Friday that the long-awaited creditor vote in the media company’s 26-month-old bankruptcy case will allow both restructuring plans competing for a judge’s approval to move forward toward confirmation hearings scheduled for March 7.
The vote provided no surprises. Each of the two competing plans won support from the creditor alliance that proposed it and suffered rejection from the other side.
Tribune Co. owns the Chicago Tribune, Los Angeles Times and other media properties. Get the full story »
Tribune Co. buys Naperville Magazine
Tribune Co. said Tuesday that its Chicago subsidiary has acquired Naperville Magazine, a lifestyle monthly devoted to the Illinois suburb of the same name. Get the full story »
Tribune creditors to vote on 4 reorganization plans
The judge in Tribune Co.’s contentious bankruptcy case signaled his approval Monday to send four competing restructuring plans out for vote by the Chicago-based media company’s creditors.
If he issues the formal order by Wednesday, which will mark the two-year anniversary of the case, solicitation packages containing disclosure documents explaining the four plans will likely be mailed on Dec. 22, said a Tribune Co. lawyer.
Creditors will then have until Jan. 28 to cast their votes and the judge will use those results to gauge support for the various plans ahead of a five-day confirmation hearing set for early March. Get the full story »
Judge gives creditors right to sue Zell, others
A bankruptcy judge on Friday granted Tribune Co.’s official committee of unsecured creditors authority to make the opening moves in long-threatened litigation over the 2007 leveraged buyout blamed for the media company’s tumble into Chapter 11.
Judge Kevin Carey said he would sign off on an order acknowledging the official committee is the proper body to bring claims against lenders, executives and other leaders of the embattled media company, as well as advisers who reaped millions in fees from the LBO. Get the full story »
Tribune Co. exec apologizes for ‘offensive’ memo
Days after Tribune Co.’s corporate management was characterized in a newspaper article as fostering a sexist “frat house” atmosphere, one of its top executives sent a company-wide e-mail with links to off-color satirical videos.
Among the videos was one the executive, Lee Abrams, labeled “Sluts” in which a gyrating woman appeared to pour liquor on her bare breasts.
Abrams, chief innovation officer of Tribune Co., which owns the Chicago Tribune, apologized “to everyone who was offended” in another company-wide e-mail Tuesday. Get the full story »
Tribune Co. names Liebentritt chief restructuring officer
Chicago Tribune parent Tribune Co. today named Donald Liebentritt chief restructuring officer, effective immediately. The company promoted David Eldersveld to be his successor as general counsel.
Tribune Co. delays filing amendments to bankruptcy plan
Tribune Co. delayed filing anticipated amendments to its bankruptcy restructuring plan Friday, citing ongoing negotiations with creditors.
A week ago, in the wake of collapsed talks toward a new settlement in the case, Tribune Co. lawyers told a Delaware bankruptcy judge that the company would file plan amendments by Friday and provide suggestions for new schedule for voting and confirmation hearings on the revised plan. Get the full story »
Will Eisner be Tribune Co.’s next chairman?
By Dawn C. Chmielewski, Michael Oneal and Sallie Hofmeister
Former Walt Disney Co. Chief Executive Michael Eisner is in discussions that could lead to his return to the media spotlight — as chairman of the now-bankrupt Tribune Co.
The Chicago-based media company’s largest creditors are having preliminary conversations with prospective candidates who could operate Tribune Co. once it emerges from bankruptcy, according to several people with knowledge of the situation.
Eisner, who has been dabbling in the digital world as an investor since stepping down from Disney in 2005, is among the candidates under consideration to replace Chicago real estate magnate Sam Zell as chairman of the reorganized company. Get the full story »
TV critic leaves Tribune for AOL Television
Maureen Ryan, a 13-year veteran of the Chicago Tribune and its television critic, announced Friday that she has left the newspaper to join AOL Television as its TV critic.
Before joining the Tribune, she worked for the magazines Chicago Enterprise and Cinescape, and she freelanced for Crain’s Chicago Business, RollingStone.com, the Chicago Reader, NewCity, Request and other publications.