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TRIBUNE COMPANY:

SUMMARY OF WHAT THEY OWN:

23 TV stations--Major carrier of the CW Network, which is owned by CBS and Time-Warner

1 radio station in Chicago

13 daily newspapers mostly in big markets

1 nationwide cable channel-WGN



According to wikipedia:

The Tribune Company (NYSE: TRB) is a large American multimedia corporation based in Chicago, Illinois. It is the nation's second-largest newspaper publisher, responsible for the Chicago Tribune, Los Angeles Times, Newsday, Hartford Courant, and the Baltimore Sun, among others. Through other subsidiaries, the Tribune Company also owns Tribune Broadcasting, Tribune Entertainment, Tribune Media Services, and the Chicago Cubs baseball team.

On April 2, 2007, Chicago-based investor Sam Zell announced plans to buy out the media company for $34.00 a share, totalling $8.2 billion. Zell will also turn the company private. The deal is expected to be completed some time in the fourth quarter of 2007[1], and was approved by 97% of the Company's shareholders on August 21, 2007[2]. Upon completion of the transaction, Tribune will divest itself of the Chicago Cubs and its 25 percent interest in Comcast SportsNet Chicago, and possibly Wrigley Field.

The deal was approved by 97% of the Company's shareholders on August 21, 2007.[1] Privatization of the Tribune Company occurred on December 20, 2007 with termination of trading in Tribune stock at the close of the market.[2]

On 21 December 2007, Tribune and Local TV announced plans to collaborate in the formation of an as yet unnamed "broadcast management company".[3]


Television:

CW Stations:
WPIX 11 - New York
KTLA 5 - Los Angeles
WGN 9 - Chicago (Tribune's flagship TV station)
KDAF 33 - Dallas
WDCW 50 - Washington
KHCW 39 - Houston
WSFL 39 - Miami/Ft. Lauderdale
KWGN 2 - Denver
WTTV 4 - Bloomington/Indianapolis
KSWB 69 - San Diego
WTXX 20 - Waterbury/Hartford/New Haven
WNOL 38 - New Orleans
KPLR 11 - St. Louis
KRCW 32 - Portland, OR


Fox Stations:
KCPQ 13 - Tacoma/Seattle
KTXL 40 - Sacramento
WXIN 59 - Indianapolis
WTIC 61 - Hartford/New Haven
WXMI 17 - Grand Rapids/Kalamazoo, MI
WPMT 43 - York/Harrisburg, PA


ABC Station:
WGNO 26 - New Orleans


MyNetworkTV Stations:
WPHL 17 - Philadelphia
KMYQ 22 - Tacoma/Seattle


Other TV Assets:

Tribune Entertainment
Andromeda
Mutant X
BeastMaster
Family Feud
South Park
Soul Train
Candid Camera
Ron Hazelton: House Calls
Pet Keeping City Guys
Earth: Final Conflict


Cable Channels:
Superstation WGN

Chicagoland's Television

Tribune Broadcasting

Once owned 1/3rd of the Food Network, but it’s now owned by Scripps co.

Radio WGN (AM) – Chicago


Newspapers:

Newsday (Long Island, NY)
Los Angeles Times
Chicago Tribune
The Redeye
Baltimore Sun
AM New York
South Florida Sun-Sentinel
Orlando Sentinel
The Hartford Courant
The Morning Call (Allentown, PA)
Daily Press (Newport News, VA)
The Advocate (Stamford, CT)--sold 2007
Greenwich Time (CT)--sold 2007
Hoy (newspaper)
El Sentinel (Orlando)


Other:

Chicago Cubs (and Wrigley Field)

Tribune Media Services

Classified Ventures, LLC (partial)

CareerBuilder (partial)

Brass Ring

Zap2it

Chicago magazine

Forsalebyowner.com

Channel Guide Magazine


Former Tribune Properties:

Television:

(Station and Market | Former and Current Affiliations | Sold to...)
WATL, Atlanta, GA | WB/MyNet | Sold to Gannett Corporation in 2006
WCWN, Albany, NY | WB/CW | Sold to Freedom Communications in 2006
WGCL (formerly WGNX), Atlanta, GA | Ind./CBS | traded to Meredith Corporation in 1999 WLVI, Boston, MA | WB/CW | Sold to Sunbeam Television in 2006

-10/2007 Time Media sells the Recycler Classifieds to Target Media Partners. Recycler publishes 4 ad papers, and 11 weekly or bi-weekly photo ad and employment guides in Southern California.

-10/2007 The Tribune Company sells its two southern Connecticut daily papers, the Greenwich Time and The Advocate of Stamford, to Hearst Corp. for $62.4 million. The papers will be managed by MediaNews Group.

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Murdoch Deals Some of his TV Empire to Affiliate of the Tribune Company

12-24-2007

BACKGROUND:

Tribune is the major carrier of the CW Network, which is the joint venture of CBS and Time-Warner. Tribune now owns 23 major market TV stations. After this series of deals, Tribune will take over management of 17 more.

Rupert Murdoch will still own 2 TV stations each in L.A., New York City, Chicago, Dallas-Fort Worth, Houston, Phoenix, Minneapolis, Orlando, Washington D.C. and one station in Philadelphia, Atlanta, Detroit, Tampa, Baltimore, Austin, Memphis, Winston-Salem and Ocala-Gainesville Florida.

News Corp. sells 8 Fox stations

Cory Bergman December 22nd, 2007

News Corp. has sold eight of its 35 stations to Oak Hill Partners, a private equity firm. The stations sold are: WJW (Cleveland), KDVR (Denver), WGHP (Greensboro), KTVI (St. Louis), WDAF (Kansas City), WITI (Milwaukee), KSTU (Salt Lake) and WBRC (Birmingham). Oak Hill already owns 9 other stations under the name Local TV LLC, and the WSJ reports that the day-to-day operations of all the stations may fall to Tribune. After all, Local TV’s top exec was just hired by Sam Zell to take over Tribune’s broadcast and internet operations.

Fox sells eight TV stations to Oak Hill

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 Oak Hill have agreed to create a third-party management company that will share administrative duties. Randy Michaels, who was CEO of Local TV, was named Thursday as CEO of Tribune Broadcasting and Tribune Interactive.

The eight stations being sold are: WJW-TV in Cleveland, KDVR-TV in Denver, KTVI in St. Louis, WDAF-TV in Kansas City, WITI-TV in Milwaukee, KSTU in Salt Lake City, WBRC-TV in Birmingham, and WGHP-TV in Greensboro-High Point, N.C.

Six of these stations - WJW, KTVI, WDAF, WITI, WBRC, and WGHP - were former affiliates of the Big Three networks that were involved in the New World-Fox affiliation switch in 1994 and 1995. New World Communications sold all but two of its stations to Fox in 1997.

Local TV launched earlier this year when it made a deal to acquire eight former New York Times Co. stations, including WREG-TV (CBS) in Memphis, KFOR-TV (NBC) in Oklahoma City, WNEP-TV (ABC) in Wilkes-Barre/Scranton, Pa., and WQAD-TV (ABC) in Moline, IL.

The transaction leaves Fox with 26 stations (for now - the fate of WHBQ in Memphis is still undetermined), including WFLD-TV and WPWR-TV in Chicago.