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Georgia Newsroom (Free subscription) | 08/29/2008
The New York Observer The New York Observer’s John Koblin took this photo of newspapers yesterday afternoon at the stand of Sam Zell’s beleaguered Tribune Company. Late in the day … plenty to choose from … does anybody read these things anymore?
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Infectious Greed (Free subscription) | 08/28/2008
Some quick links others may find interesting: Sam Zell says newspaper are broken, subprime is in 8th inning and he's buying ... stuff ( Bloomberg ) Subprime is a pig in a python, and it's passing quickly ( Bronte ) Lots of whinging from wrong-footed bears wrt the high Q2 GDP numbers ( Portfolio ) Eye-popping set of photos from Rio de Janeiro ( Boston Globe )
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The Media Mob (Free subscription) | 08/28/2008
It's an incredible thing: Hit the submit button, and after several hours of elaborate and costly printing and distribution, your content is before the reader! At about 4:30 yesterday afternoon, if you wanted a copy of the morning papers in the Tribune section of Media Pavilion 2 there were still plenty of choices. The reporters sitting in here are filing material out to The Baltimore Sun, The Hartford...
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MarketingVOX (Free subscription) | yesterday
... from Tribune, which will use the money to help finance the $13.4 billion debt raised by CEO Sam Zell, who dabbles in real estate. In May it sold Newsday to Cablevision for $650 million. Other Tribune properties up for hock include the Chicago Cubs and interest in a regional sports network, Silicon Alley Insider.
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Silicon Alley Insider (Free subscription) | 09/03/2008
Gannett Co. (GCI) is helping Tribune Co. CEO Sam Zell raise some much-needed cash. The nation's largest newspaper chain is paying Tribune $135 million for a 10% interest in CareerBuilder, a deal that values the employment site at $1.35 billion. The deal raises Gannett's interest in CareerBuilder to 50.8%, leaving Tribune with 30.8%. McClatchy (MNI) and Microsoft (MSFT) hold 14.4% and 4% respectively....
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MediaBistro.com (Free subscription) | 09/02/2008
Sam Zell 's Tribune Co. has garnered some notoriety for sending out cheeky, possibly sexist , press releases announcing new appointments or news. "Highlights" of past notes include an executive who previously served as president of buying crap at eBay and another who was a former waitress at Knockers The Place for Hot Racks and Cold Brews. Sadly, the latest installment announcing that the...
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Paidcontent (Free subscription) | 08/28/2008
Another Tribune Company exec departs… Clark Morehouse is the latest to leave Sam Zell's house, exiting as head of Tribune Entertainment to join local digital broadcast network .2 (as in "dot-2"), B&C reports . The network launches December 8 and offers entertainment programming on stations' digital channels. Morehouse is the latest in a string of high level departures on Tribune's broadcast...
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MediaBistro.com (Free subscription) | 08/28/2008
Dawn Girocco has been hired by the L.A. Times to head the advertising department. From L.A. Observed: "Those fears within the Tribune about Sam Zell 's radio-izing of the company look even more justified now. A day after the Los Angeles Times hired a top executive with roots in the Phil Anschutz empire, he hires a new advertising senior VP from FM radio. Pretty sad that being mentioned as one...