Chicago Public Media needs a new chief. Tribune to sell a few stations. Fox launches new Saturday night animation block. – As first reported by Robert Feder on Friday, Torey Malatia resigned from his post as Chicago Public Media CEO and from the Board of Director after approximately twenty years. During Malatia’s watch, WBEZ created successful radio programs such as […]
Tribune adds stations from Cleveland, Milwaukee, and Memphis to its stable About a year or so ago, there was speculation on whether or not Tribune Broadcasting, planning to exit Chapter 11, would stay in the broadcast business. Consider this a definite answer. Chicago-based Tribune announced Monday it was acquiring Newport, Ky.-based Local TV LLC for $2.7 billion. The […]
News Corp. had made good on its promise to sell eight of its Fox TV stations, and it did to the newly-formed Local TV group headed by private equity firm Oak Hill Partners for $1.1 billion. The proceeds from the sale gives News Corp. the cash it needs to purchase the Wall Street Journal. In a separate development, Tribune and […]