Tribune Watch: Board voting on Zell’s offer
The Tribune’s board of directors are voting tonight whether to accept a sweetened offer from Sam Zell, the Chicago billionaire who is one of two bidders for the company.
Tribune Watch: No word on sale of Tribune Co.
The bids are due today for the Tribune Co., but there is still no word on who will end up with the media conglomerate – Chicago billionaire Sam Zell, who’s offering $33 a share, or the two L.A. billionaires, who’s offering $34 a share. There is a chance that the deadline could be extended, and at this late hour, it […]
The Tribune Co. is now on the clock…
But it looks like that self-imposed deadline by Tribune for bids on the company maybe extended, thanks to an 11th-hour bid by Los Angeles billionaires Eli Broad and Ronald Burke, a $34-a-share offer to Chicago billionaire Sam Zell’s $33-a-share offer. Reportedly, the loser will have his head shaved in the ring at Wrestlemania.
Extremely local news
Chicago Tribune’s Red Eye has started a CTA blog. So, if you want to complain about the CTA (and we all know you do), now you have a place to do so. Man, if this only existed 20 years ago when yours truly was regularly standing out on 79th street outside Sears in the wintertime waiting for a bus for […]
Tribune Watch: Zell getting close to deal
If all goes well, the ownership of the Tribune Co. will end up in the hands of billionaire Sam Zell with an $8 billion dollar offer. If it goes through, he plans to take the company private, and plans to keep it intact.
Tribune Watch: Murdoch wants in
Add the owner of NewsCorp to the list of names that want the Tribune Co. Rupert Murdoch wants to buy the Tribune-owned New York Newsday, so he can consolidate back offices between that paper and the New York Post, the paper he owns. But Murdoch owning the Tribune Co.? It may not be likely (because of the regulation mess), but […]
Slogan change at Defender
The Chicago Defender, one of Chicago’s oldest African-American newspapers, has dropped its branding from the paper’s front page. The slogan, “Honest. Truthful. Unapologetically Black.” was discontinued by the paper’s owner, arguably to go in a different direction. The slogan was created by Executive editor Roland Martin, whose contract to the Defender was not renewed. He gave the paper new life […]
Tribune Watch: Chandlers offer $7.6 billion for Tribune Co.
Here is some updated information on the Chandler family $7.6 billion bid for the Tribune Co, and a letter from the Chandler Trust filed with the Securities and Exchange Commission.
Tribune Watch: Deadline Passes
The deadline passes for bids on the beleaguered Tribune Co. and is mulling two offers: one from the Chandler family, Trib’s largest shareholder, and the other from two Los Angeles billionaires. Either way, it looks like the Tribune Co. will no longer be under local control.
TV Prevue news you can use
Mirror a trend that’s been going on in other newspapers, the Sun-Times is eliminating its TV Prevue section and moving its TV listings online (scroll way down to the end to see article). This comes on the heels on the news that TV Guide Canada eliminated its magazine and moved its listings online recently. I went to the Sun-Times TV […]
Tribune Watch: Stay of execution
We won’t know the fate of the Tribune Co. this year: Tribune extends its deadline to accept bids for the company through the first quarter of next year.
Is the end near?
For the Tribune Company? It looks like the company is going to implode. The television Stations, WGN radio, The Cubs, and the Chicago Tribune may all be sold. The Los Angeles Times reported yesterday that Tribune may be exiting the television ownership business because their stations in New York (WPIX) and Los Angeles (KTLA) licences are expiring soon. And with […]
Biggest waste of space since Skip Bayless’ column
Just wondering… Does the Chicago Tribune really need an Internet critic? Given the fact that the guy writing the column is a complete, utter moron: http://featuresblogs.chicagotribune.com/technology_internetcritic/ Another waste of space in the Tribune’s Tempo section.
LOL! That’s funny! Just as funny as "Happy Hour"
If you look on Page 1 of the Chicago Tribune Tempo Section in the lower right-hand corner, the “Tempo Subcommittee on Hissing Cockroaches” you can see why Tribune’s stock is sliding — They obviously hired sitcom writers to write parts of their newspaper, namely the Tempo section (and Dennis Byrne’s crapfest of a column.) Look, if you want to make […]