It’s official: Alden takes over the Chicago Tribune

Alden takes control, ending local ownership after more than 150 years  In a move everyone saw coming, New York City-based hedge fund Alden Global Capital last Friday got the green light to take full ownership of Tribune Publishing.  The Chicago Tribune – one of the papers involving in the Alden transaction, reported the deal officially closed late Monday night. This […]

Alden Global Capital to acquire the rest of Tribune Publishing

It’s [another] end of an era in Chicago media. But this one particularly stings In a deal anticipated for months, New York City-based hedge fund Alden Global Capital announced Tuesday it has decided to acquire the 68 percent of Tribune Publishing they already didn’t own in a $630 million deal, giving them full control of the Chicago-based media company. In […]

Gray buys Quincy Media’s TV outlets

Another television group exits Illinois  Atlanta-based Gray Television announced Monday the acquisition of Quincy Media’s television and radio properties for $925 million, a move expected as the Quincy, Ill.-based company announced late last year it was putting their media properties up for sale.  Once the deal is completed, Gray would own stations in 102 markets, mostly mid-sized and small metros. […]

What to look for in 2020

What’s on the media agenda in the first year of the new decade The new decade brings us things to look forward to in the world of media. So here’s are the ten things to keep your eye on in Chicago and in general for 2020. We’ll check back in at the end of the year to see how we […]

The Media Notepad: Univision Chicago, Chicago Reporter team to cover Latino community

Also: WLS-FM achieves historic feat; Nick Cannon to get new daytime show; MST3K canceled again Univision (branded locally as Univision Chicago) and the non-profit Chicago Reporter are teaming up to cover more of the area’s Hispanic community. As first reported by Broadcasting and Cable, the duo is forming a multi-platform news service named Latintext, and plans to cover important issues […]

FCC approves Tribune, Nexstar deal

Move ends 95 years of local control  I guess this is another way for the Trump administration and Republicans to stick it to Chicago. In another… all together now – partisan divided vote, the FCC approved the transaction of Nexstar Broadcasting, swallowing up Chicago-based Tribune Media for $6.4 billion. This gives Nexstar over 100 stations in 114 markets with a […]

Rewinding 2018 in media

Year marked by scandals, futility, and other things 2018 wasn’t exactly a repeat of the last two horrendous years in the media world, but scandals and deceit still ruled the roost. Though not topping 2017’s Disney-Fox deal, 2018 had some mega transactions – though the second-biggest merger of 2017 went bust as Sinclair Broadcasting’s $4 billion deal to buy Tribune […]

Goodbye (and good riddance) tronc

Company reverts back to Tribune Publishing One of the most stupidest names ever to grace a media company is finally gone. As speculated back in June, “tronc” is reverting back to the Tribune Publishing name after two years of criticism and ridicule. The change officially takes place October 9 at 3:15 p.m. local time in a decision announced Thursday. We […]

So long and no thanks for the tronc

Named expected to change back to Tribune Publishing after sale of LA Times, Ferro departure One of the most ridiculous names in media history is heading into the history books after two years. In a move approved last month, the parent company of the Chicago Tribune is reverting back to Tribune Publishing, after a disastrous  stint under the name “tronc”. […]

T Dog’s Media Notepad: “Supergirl” could fly to CW

With the upfronts a little over a week away, reports are surfacing on not if Supergirl is coming back next season but where: The Wrap is reporting Warner Bros. Television is discussing a plan to move the freshman drama from CBS to The CW next year, where CBS and Warner Bros. have a 50/50 interest. There are concerns if the […]

T Dog’s Think Tank: Chicago Tribune still feeling effects of Hurricane Zell

Last week’s opinion piece shows the insensitivity of the Zell and Michaels era still abound at the Trib As you know by now, Chicago Tribune Editorial Board member Kristen McQueary caused a huge stir last Friday writing a column “wishing” a Hurricane Katrina storm would wipe out Chicago, giving it a “reboot” as the city struggles with crime, financial problems, and […]

The Grab Bag: Tony Sculfeld heads to WSRB-FM

News and notes from around the industry – WSRB, a Crawford-owned urban adult contemporary station previously known as Soul 106.3, is trying its luck with an other former WGCI alum – Tony Sculfield, who’ll soon take over the evening slot vacated by Ramonski Luv, who was out after less than six months on the air. Recently, Sculfield was part of […]

Tribune latest media company to do the split

The Tribune Co. announced Wednesday it was splitting its publishing properties from the rest of the company’s assets, becoming the latest media conglomerate to do so. The new company is being named Tribune Publishing Co., and consists of the Chicago Tribune, Red Eye, Hoy, Los Angeles Times, Orlando Sentinel, Sun-Sentinel (Miami-Ft. Lauderdale area), Hartford Courant, Morning Call, and Daily Press. […]