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The publisher of the East Valley Tribune in the Phoenix suburb of Mesa said Friday that a buyer has made an offer that would keep the paper and its Web site in business.
Tribune Co., the owner of The Chicago Tribune, the Los Angeles Times and other news outlets, said Tuesday it will pay back $170 million worth of outstanding "debtor-in-possession" debt, which it took out to pay for Chapter 11 bankruptcy proceedings.
Tribune Co., owner of The Chicago Tribune, the Los Angeles Times and several other news outlets, will not use most Associated Press content next week to test whether the financially struggling company can do without it, according to a story on the Chicago Tribune's Web site.
The East Valley Tribune in the Phoenix suburb of Mesa will close on Dec. 31, less than a year after embarking on an experiment to focus more on digital content and reduce the number of days it went to print.
A Delaware bankruptcy judge has deferred action on the Tribune Co.'s request to halt a lawsuit alleging that Chairman Sam Zell misused an employee stock ownership plan in taking the company private in a 2007 leveraged buyout.
The Supreme Court has refused to revive a libel claim against the Chicago Tribune by a former prosecutor who accused the newspaper of a "witch hunt" against him.
A former Hartford Courant consumer-affairs columnist sued the newspaper and its owner on Tuesday, accusing the companies of violating his free speech rights by forcing him out of his job.
The Star Tribune emerged from bankruptcy protection Monday with its main lenders becoming the new owners and its debt slashed by 80 percent.
A federal bankruptcy judge cleared the way Thursday for the Tribune Co. to sell the Chicago Cubs and the storied Wrigley Field to the family of billionaire and longtime fan Joe Ricketts.
Still mired in Chapter 11 protection, the Tribune Co. said Friday it needs authority to dole out up to $70 million in bonuses as motivation for top managers working in a difficult environment for the media industry.
Status of some of the newspaper publishers that have filed for bankruptcy protection:
A Delaware bankruptcy judge on Monday approved Tribune Co.'s request for quick court action on the company's planned sale of the Chicago Cubs.
Tribune Co. could be facing a longer stay in Chapter 11 and a possible lawsuit over the $8.2 billion buyout that took the company private in 2007 and saddled it with much of the debt that landed it in bankruptcy protection only a year later.
A judge presiding over Tribune Co.'s bankruptcy case has agreed to expedited procedures regarding the company's sale of the Chicago Cubs baseball team.
Less than a year after Tribune Co. launched an innovative plan to combine the newsrooms of The Hartford Courant and a local TV station, a columnist is alleging that the new management forced him out because he wrote unflattering news about a Courant advertiser.
A union representing newspaper workers should be allowed to see details about the Tribune Co.'s proposal to give bonuses totaling up to $70 million to the company's top managers, a federal bankruptcy judge ruled Tuesday.
An agreement has been reached allowing the videotaping of Warren Beatty's deposition in his dispute with the Tribune Co. over the rights to cartoon detective Dick Tracy, a federal judge presiding over the case said Tuesday.
Warren Beatty has made a living in front of the camera, but he doesn't want one at his upcoming deposition in a bankruptcy court fight with the Tribune Co.
Attorneys for Warren Beatty asked a federal judge Thursday to allow the actor to proceed with a California lawsuit against the Tribune Co. over the TV and movie rights to comic book character Dick Tracy.
The Internal Revenue Service is auditing a Tribune Co. deal involving its employee stock ownership plan, a major piece of Sam Zell's plan to take his media company private.
A 32-year media veteran was named Tuesday as the new president and publisher of The San Diego Union-Tribune.
The Tribune Co. can pay more than $13 million in bonuses to almost 700 employees for their work last year, a federal bankruptcy judge ruled Tuesday.
The Chicago Tribune in recent weeks solicited subscribers' opinions on stories before they were published, a practice the paper's own reporters said raises ethical questions, as well as legal and competitive issues.
A judge presiding over Tribune Co.'s Chapter 11 bankruptcy case heard initial arguments Thursday in the company's dispute with actor Warren Beatty over the TV and movie rights to comic book character Dick Tracy.
Tribune Co. will pay the legal bills of Chairman and Chief Executive Sam Zell related to a federal corruption investigation into former Gov. Rod Blagojevich.
Layoffs in U.S. challenge traditional recovery strategiesOver 600,000 jobs lost in the shortest month of the year! How many of the newly unemployed are now homeless or facing being homeless? Car sales down and retail stores shutting down! Well, what else is new? What looks bad now will become much worse.
LA Times editor's fear: We could 'cut ourselves out of business' By David WestphalFinancial and legal experts, the editor of the L.A. Times Russ Stanton and discussed the bankruptcy of the Tribune Company Financia in front of a gathering of about 125 people at USC-Annenberg.
The Media Equation A Scandal in Chicago That Justifies Investigative Journalism By DAVID CARRread about the strange confluence of events in Illinois where last week the Tribune company filed for bankruptcy protection, and the next day the Governor's scandal broke.
Dealbook - Workers Pay for Debacle at Tribune - NYTimes.comA fortune seeker gambled away employee money at the Tribune for a chance at making a fortune. Now employees have little left, much less their pensions. And the banks and other tied to this debacle got rich.
Tribune Files for Bankruptcy - Mergers, Acquisitions, Venture Capital, Hedge Funds -- DealBook - New York TimesNewspapers continue to struggle, with the Tribune Company filling for bankruptcy today, because of declining ad revenues. Tribunes join a long list of newspaper companies who are on the verge of folding. Gannett Corporation laid of 10% of its workforce last week.
Bankrupty for Los Angeles Times, Chicago Tribune, Baltimore Sun, South Florida's Sun Sentinel, Orlando Sentinel, Hartford Courant Media conglomerate Tribune Co. has filed for bankruptcy protection, pressured by high debts. The beginning of the end for the print newspaper business? Developing.
Tribune Co.Weighs Filing for Chapter 11 Bankruptcy Tribune Co. is preparing for a possible filing for bankruptcy-court protection as soon as this week, according to people familiar with the matter, in a sign of worsening trouble for the newspaper industry.
Cuban May Be Out Of Consideration For Cubs Purchase Chicago, IL (AHN) - Sam Zell's bid to sell the Chicago Cubs has slowed due to the shaky economy, and Mark Cuban may be out of the running for the club altogether according to reports.
Will Scripps Follow Tribune In Dropping AP?NEW YORK Just days after Tribune Co. revealed it had given its two-year notice to possibly drop the Associated Press following a recent new rate structure, another major newspaper chain indicated it is considering the same move and is negotiating with AP over rates.
CHICAGO TRIBUNE: Barack Obama for presidentOn Nov. 4 we're going to elect a president to lead us through a perilous time and restore in us a common sense of national purpose.
East Valley Tribune 142 jobs, reduces publicationThe East Valley Tribune on Monday announced 142 layoffs, a reduced four-day publication schedule and free distribution as it grapples with a severe slump in newspaper readership and advertising.
The Sun cuts about 100 jobs, 55 of them in newsroomThe Baltimore Sun completed its latest round of job cuts today by eliminating about 100 positions.
Gannett / Point Roll join forces with ShopLocal.comMcClatchy said it used the proceeds to pay down debt. It will record a related charge of about $3 million in the second quarter. McClatchy had acquired a stake in ShopLocal through its acquisition of newspaper publisher Knight Ridder Inc.
Test your Hillary Clinton IQ Test your knowledge of Hillary Clinton in this quiz based largely on Tribune reporting. (Take a Barack Obama quiz here. Coming soon: a John McCain quiz.) Comments about this quiz? Contact us.
Racism needs to stay in lightShawn Young of Austin, Texas, wrote: "Substitute 'half-breed' and 'mongrel' and you have an argument the KKK has been making since Reconstruction. The Tribune could do better by Chicago, and the country. We deserve better and an apology."
Tribune tries out citizen journalismThe Chicago Tribune launches a community journalism web site encouraging readers to post their own articles.
Indonesians use Koran to teach environmentalism - International Herald TribuneBANTUL, Indonesia: Sitting cross-legged in the dirt beneath a canopy of jungle vegetation, Nasruddin Anshory, with his Koran open in front of him, was telling a group of visitors about their ordained responsibility to protect the environment.
For whom the Zell tolls - Sam Zell tells LA Times "I'm Your Viagra"Sweeping through his newly acquired business units with characteristic bluster and bluntness, it didn't take too long for Tribune Co. owner Sam Zell to acquire the nickname Yosemite Sam.
LA Times owner Blames Clinton, Obama for Bad EconomySam Zell, the equity fund titan who owns Tribune, ironically has struggled to maintain control over his own paper.
LA Times: Another editor out for refusing to make budget cutsTo the next editor of the LA Times: Cut the approximately $120 million budget by 1 percent. That would mean firing people. To keep that job, he or she had better do it — because the publisher fired the previous two editors who refused to make the cuts.
Tribune Co. says it plans to sell Cubs after seasonTribune Co., owner of The (Baltimore) Sun and other media properties, said it plans to sell the Chicago Cubs at the end of the 2007 baseball season, putting one of its most valuable assets on the block as it simultaneously announced Monday that real estate magnate Sam Zell was ac …
Tribune To Go Private At $34 A Share—If Sale Goes Through; Cubs To Be SoldAfter months of the corporate equivalent of water torture, the Tribune Company will go private and sell its sports interests—including the Chicago Cubs—under the terms of a deal orchestrated by Chicago developer Sam Zell.
Murdoch enters bid battle for TribuneRupert Murdoch's News Corporation has joined the Chandler family in its bid for Tribune Company, with an eye to taking a stake in New York's Newsday newspaper.
Grandmothers Ring: Now Made From Real Grandmas'Why settle for your recently deceased loved ones to be bottled up in a decorative urn on the mantle when now,with help from a company called LifeGem,you can turn your loved ones that have passed away into a sparkling ring to be worn and passed down as a real family heirloom.
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