Tribune Media
American media conglomerate
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February 2024 | Tribune Publishing announces plans to layoff about 200 employees from the Freedom Center printing plant in Chicago, which will be closed and demolished to make way for a casino site. |
January 15 2024 | Tribune Publishing sells The Baltimore Sun to David D. Smith, executive chairman of Sinclair Broadcast Group. |
2021 | Tribune Publishing divested the Baltimore Sun and New York Daily News. |
May 25 2021 | The sale to Alden Global Capital was officially closed, making Alden the second-largest newspaper publisher in the United States. |
May 21 2021 | Tribune Publishing confirmed its sale to hedge fund Alden Global Capital, a major ownership transition for the company. |
April 2021 | Hansjörg Wyss withdrew from acquisition talks in the third week of April. |
April 2021 | Tribune Publishing enters discussions with alternative suitors Stewart W. Bainum Jr. and Hansjörg Wyss for a potential higher-value acquisition. |
March 12 2021 | Stewart W. Bainum Jr.'s deal to purchase the Baltimore Sun from Alden fell apart due to disagreements over transitional services agreement terms. |
February 2021 | Tribune Publishing announced it had agreed to be wholly acquired by Alden Global Capital. |
2020 | During the COVID-19 pandemic, Tribune Publishing closed newsrooms for several newspapers including the New York Daily News, The Morning Call, the Orlando Sentinel, the Carroll County Times, the Capital Gazette, and the Hartford Courant. |
February 2020 | David Dreier and Timothy Knight stepped down from their roles as chairman and CEO. Terry Jimenez, the chief financial officer, replaced Knight as CEO. |
December 2019 | Alden Global Capital acquired a 32% stake in Tribune Publishing Company, purchasing most of its shares from Michael Ferro at $13 per share. |
September 19 2019 | Nexstar Media Group completed its acquisition of Tribune Media. |
September 16 2019 | FCC approved the Nexstar-Tribune Media merger. |
August 1 2019 | United States Department of Justice approved the Nexstar-Tribune Media merger. |
January 2019 | Timothy P. Knight succeeded Justin Dearborn as CEO. David Dreier was elected as the new chairman, replacing Dearborn. |
2018 | Tribune Publishing divested Hoy, Los Angeles Times, San Diego Union-Tribune, and AM New York publications. |
2018 | Tribune Publishing divested Hoy, Los Angeles Times, and San Diego Union-Tribune. |
December 3 2018 | Nexstar Media Group announced a merger with Tribune Media for $4.1 billion. |
November 2018 | Sale rumors intensified with potential bidders including Byron Allen, Ion Media, and Nexstar Media Group showing interest in acquiring Tribune Media. |
October 2018 | Company officially confirmed the name change back to Tribune Publishing. |
August 9 2018 | Tribune cancelled its sale to Sinclair Broadcast Group and sued the company for breach of contract. |
July 2018 | Tribune Publishing moved its headquarters from Tribune Tower to One Prudential Plaza in Chicago. |
July 23 2018 | Tronc announced massive layoffs at the New York Daily News and ousted its editor in chief. |
July 16 2018 | FCC chairman Ajit Pai expressed serious concerns about the merger and proposed a hearing before an administrative law judge. |
June 19 2018 | Reported that tronc would revert its name back to Tribune Publishing, a significant corporate rebranding decision. |
June 18 2018 | Sale of California properties to Patrick Soon-Shiong was completed, and Tribune Publishing announced it would no longer be called tronc. |
February 7 2018 | Tronc announced the sale of California properties (Los Angeles Times, San Diego Union-Tribune) to Patrick Soon-Shiong for $500 million, with $90 million in pension liabilities assumed by the buyer. |
October 19 2017 | Tribune Media shareholders approved the proposed sale to Sinclair Broadcast Group. |
September 4 2017 | Tronc acquired the New York Daily News for $1 plus the assumption of its liabilities. |
July 13 2017 | Tribune Media shareholders began filing class-action lawsuits seeking to halt the sale to Sinclair, with shareholders Sean McEntire and Robert Berg initiating legal actions. |
May 8 2017 | Tribune announced its planned sale to Sinclair Broadcast Group. |
April 20 2017 | Bloomberg reported Sinclair Broadcast Group was considering acquiring Tribune Media, contingent on FCC reinstating the UHF discount. |
March 13 2017 | Tronc announced licensing of Arc, the content management system from The Washington Post. |
January 2017 | Tribune Media announced Peter Liguori would step down as President and CEO in March. |
December 2016 | Tribune Media sold Gracenote to Nielsen Holdings for $560 million, planning to use the sale to pay down $3.5 billion in debt. |
November 1 2016 | Gannett announced it would no longer pursue the acquisition of Tribune Publishing (then known as Tronc). |
August 7 2016 | Satirist John Oliver publicly mocked the 'tronc' name, criticizing the company's corporate restructuring and shift away from hard news. |
June 20 2016 | Official rebranding to tronc was completed, and the company began trading on NASDAQ under the symbol TRNC. |
June 2 2016 | Company announced rebranding to 'tronc', short for 'Tribune online content', with chief technology officer Malcolm CasSelle and chief digital officer Anne Vasquez outlining initiatives in content optimization, machine learning, and artificial intelligence. |
June 2 2016 | Tribune Publishing announced it would rebrand itself as 'tronc', an abbreviation for 'Tribune online content'. |
May 2016 | Tribune Publishing shareholders rejected Gannett's initial acquisition bid. Gannett subsequently increased its offer to around $15 per-share, approximately $800 million. |
May 17 2016 | Tribune chairman Michael Ferro stated his intention to make a counter-bid to acquire Gannett. |
April 2016 | Gannett Company made an unsolicited bid to acquire Tribune Publishing for $12.25 per-share (approximately $400 million). |
February 29 2016 | Tribune Media announced plans to review strategic alternatives to increase shareholder value, including potential sale of company or assets. |
May 7 2015 | Tribune Publishing announced a deal to acquire the San Diego Union-Tribune and its associated properties for $85 million, ending the paper's 146 years of private ownership. The acquisition led to the creation of the California News Group, led by Timothy E. Ryan. |
October 2014 | Tribune Publishing acquired six suburban daily and 32 weekly newspapers in the Chicago Metropolitan Area, expanding its footprint in its eight 'core markets'. |
August 4 2014 | The corporate split was finalized, with the publishing arm spun out as Tribune Publishing Company and the former parent company renamed Tribune Media. |
June 17 2014 | Tribune revealed August 4 as the target date for spinning off Tribune Publishing in a presentation for lenders. |
November 20 2013 | Tribune announced job cuts of 700 positions from its newspaper properties due to declining advertising revenues. |
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