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Items Tagged With: “Tribune”
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Chicago's WGN to move up to 7th floor, as Tribune leases space to a restaurant
Talk WGN (720) will retain the plaza-level glass-enclosed studio where morning man Jonathon Brandmeier operates from. But TimeOut Chicago's Robert Feder reports that "the rest of the station will relocate to the seventh floor." GM Tom Langmyer's memo to staff says “Our new location in the building will include a fresher and brighter workspace (as t…
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Tribune Chairman Sam Zell sues former shareholders
A strange case gets even stranger: The Chicago Tribune says Zell’s attorney “explained that his client’s real aim in filing [these two suits] is to gain leverage in his attempts to persuade the creditors to settle their disputes.” At one time, there were four competing reorganization plans in a Delaware bankruptcy courtroom. Now it’s down to two, a…
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Bill White officially oversees WGN-AM Chicago
Tribune's talk WGN-AM (720) Chicago makes it official and names Bill White
as director of programming and news, replacing Charlie Meyerson who
joined Merlin Media's WWWN-FM (101.1) in June, says Robert Feder's Time
Out Chicago. White already carried the director of programming title.
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Judge says no to competing plans for the Tribune bankruptcy
The US Bankruptcy judge overseeing the bankruptcy case of Tribune has quashed both proposals for the reorganization of the Chicago-based media company. In his 126-page opinion, Judge Kevin Carey wrote that a settlement, "should be approved because it is fair, reasonable and in the best interest of the Debtor's estates ...
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First June PPMs from 12 markets
New York – Clear Channel's AC "Lite" WLTW is consistent as usual: 7.0–6.6–6.6 since the April book. Classic hits WCBS-FM no longer has to share second place (5.3–4.9–5.4). Read More
What is Emmis announcing in Chicago today?
TimeOut Chicago's Robert Feder hears there is an all-hands staff meeting this morning at modern rock "Q101" WKQX and classic rock "Loop" WLUP (97.9). CEO Jeff Smulyan and CFO Pat Walsh are supposedly in town and may appear with Chicago market manager Marv Nyren.
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The Tribune bankruptcy plan is deadlocked – again
The Chicago Tribune, owned by the Tribune company, reports the bankruptcy case involving Tribune is deadlocked, following weeks of confirmation hearings in a Delaware courtroom. Tribune, which is also the parent company of Chicago's talk WGN-AM (720), now finds itself at an impasse.
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The next to leave Tribune – COO Gerry Spector
Gerry Spector, a longtime associate of Sam Zell, has been COO at Tribune since Zell took the company private three years ago. However, the Chicago Tribune reports that Spector will not lead the company in 2011, announcing he's leaving this week. Read More
Did Randy Michaels delete material from his Tribune company laptop?
Michaels left as CEO last month, and now the Chicago-based media company tells a federal bankruptcy judge it will investigate the apparent erasure of company-related emails and data. Reuters says that after Michaels handed it back in, Tribune wasn't able to recover any material from the computer, though an expert examination of his company cell pho… Read More
Jeff Kapugi returns to radio programming at CBS Radio's KEZK & Y98 St. Louis
Kapugi ("ka-POOG-ee") had a long career at Clear Channel, including as ops manager/PD in St. Louis at CHR KSLZ and classic hits KLOU.
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Making Moves: Wednesday, November 17, 2010
Katz Marketing Solutions promotes Molly Wythes & Julie Lane. Wythes will head the New York office, and Lane will add running the KMS office in Chicago to her leadership position in Dallas ...
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Sam Zell tells CNBC he'll be leaving Tribune
In an interview Monday, Tribune Chairman Sam Zell made it clear he does not see a future for himself with the company he currently heads. Zell tells Maria Bartiromo "The company is in dramatically better shape today than it was when we bought it in 2007." He also says he will hand over the keys to the company once the creditors determine who will b…
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Five Tribune execs are out of the $40M bonus pool, says a bankruptcy judge
Those executives, including the CFO and Senior VP of Financial Operations, are the objects of potential claims resulting from the late-2007 buyout led by Sam Zell. They might be defendants, and therefore both the creditors committee and the U.S. Read More
"Tribune Interactive" is now "Tribune Digital"; more staffers cut loose
The Chicago-based media company confirms that a number of executives are leaving in a organization. Among those are the three former Clear Channel staffers identified by the Chicago Tribune yesterday: Tribune Interactive President Marc Chase, plus Carolyn Gilbert and Jeff Kapugi. Read More
Three Michaels-hired execs leave Tribune: Chase, Gilbert, Kapugi
Randy Michaels resigned as CEO and at least three longtime associates of his from Jacor and/or Clear Channel Radio are going, too. The Chicago Tribune's Phil Rosenthal says more may be headed out the door, but he names three so far.
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Randy Michaels, in his first post-resignation interview, defends Tribune
The former Tribune CEO tells the Wall Street Journal the culture he fostered in nearly three years at Tribune was "inclusive, tolerant, fun, creative and sometimes irreverent, but with a purpose." He calls Lee Abrams' October 11 staff memo with links to some coarse material "careless" and
"indefensible." His main regret is that he moved
too fast …
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Tribune Company has spent $135 million in bankruptcy-related expenses
The plan submitted to a Delaware Bankruptcy Court late Friday has the support of senior lenders and creditors, and is the second one to be filed. But the Chicago Tribune paper’s coverage quotes an outside re-structuring expert saying “The fighting is not going to stop.” Bill Brandt says “What can be done now is to decide where the forum of the figh… Read More
No golden parachute for Randy Michaels at Tribune
The New York Times says Michaels “was not given a lucrative severance package beyond six months worth of his salary and health benefits.” He will continue as a consultant, but there will be no expensive going-away present, following his resignation on Friday. Along with other top Tribune brass, Michaels benefited from the $57 million in bonuses pai… Read More
All as expected, Tribune CEO Randy Michaels resigns
Tuesday morning’s Tribune Company board meeting didn’t immediately produce an announcement about Michaels' future, but the Chicago Tribune soon published a story saying that Michaels would be resigning from the company that has been in Chapter 11 bankruptcy since December 7, 2008. Also that the company will be temporarily governed by a four-person …
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Former News Corp. head Peter Chernin could be in line to head Tribune
While Tribune is in court today working on an exit to its bankruptcy plan, candidates to replace the outgoing Randy Michaels are emerging. The Wall Street Journal reports one name being floated is former News Corp.executive Peter Chernin.
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