Around the Net
Set For End Of Bankruptcy, Tribune Co. Could Sell Its Papers
- Financial Times, Thursday, June 7, 2012 3:43 PM
The Tribune Company, owner of TV networks and such newspapers as the Los Angeles Times, is expected to emerge from bankruptcy at the end of the year -- when it could sell off its print
assets.
"To many industry observers, Tribune is a case study of the erosion of US newspapers," writes the Financial Times.
Meanwhile, "Tribune’s broadcast assets
face a somewhat brighter future, with the local television business proving resilient."
