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Tribune Company

The Tribune Media Company, also known as Tribune Media and formerly known as the Tribune Company, is an American multimedia corporation that is headquartered in Chicago, Illinois, United States. A signifiant amount of the stock of publicly traded Tribune is held by three firms that were the company's senior debt holders: Oaktree Capital Management (which owns a 23% interest), Angelo, Gordon & Co. and JPMorgan Chase (which both own 9%).Through Tribune Broadcasting, Tribune Media is one of the largest television broadcasting companies, owning 39 television stations across the United States and operating three additional stations through local marketing agreements; it also owns national basic cable channel/superstation WGN America, regional cable news channel Chicagoland Television (CLTV) and Chicago radio station WGN. Investment interests include the Food Network (which the company maintains a 31% ownership interest).Tribune Technology LLC, another subsidiary, manages the interactive operations of major daily newspapers such as the Chicago Tribune and Los Angeles Times and their associated websites. Its national network sites owned with partners include CareerBuilder, Cars.com, Apartments.com and Topix.net. Its Tribune Media Services division provides syndicated content to print and electronic media. Key company investment interests include CareerBuilder (30.8% ownership), Classified Ventures (28%) and Topix.com (34%). Prior to the August 2014 spin-off of the company's publishing division into Tribune Publishing, Tribune Media was the nation's second-largest newspaper publisher (behind the Gannett Company), with ten daily newspapers and several commuter tabloids including the Chicago Tribune, Los Angeles Times, Orlando Sentinel, Sun-Sentinel and The Baltimore Sun.
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Tribune Company

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Category: Media/News/Publishing
Found: 04.07.2015

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