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Tribune To Shed Publishing Division, Joining NewsCorp And Time Warner

  • Forbes, Wednesday, July 10, 2013 3:53 PM
Tribune’s plan to separate its newspaper and television properties emulates NewsCorp’s dissection earlier this year, writes Abram Brown.  Tribune will spin off its namesake the Chicago Tribune, along with the Los Angeles Times, Baltimore Sun and other papers into a new Tribune Publishing company, while its TV properties will remain in Tribune Co.  NewsCorp had done the reverse, keeping its newspapers in the established name, and spinning off its entertainment properties into 21st Cenutry Fox.  Oh yes, as Brown notes, Time Warner should also soon be joining Tribune and NewsCorp in splitting its publishing and electronic media.

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