FishbowlDC FishbowlLA TVNewser TVSpy SocialTimes LostRemote MediaJobsDaily more GalleyCat AppNewser UnBeige AgencySpy PRNewser 10,000 Words AllFacebook AllTwitter semanticweb.com

News Corp. Denies Interest in The Los Angeles Times, Chicago Tribune

Both The Los Angeles Times and Reuters have said that News Corp is currently in talks to acquire the Los Angeles Times and The Chicago Tribune. And both, according to News Corp., are wrong. “Reports that News Corp. is in discussions with Tribune or the L.A. Times are wholly inaccurate,” Julie Henderson, a spokesperson for the company, told Bloomberg News in an email.

The LA Times reported that News Corp. is in talks with the debt holders of Tribune Company (parent of the LA Times and Chicago Tribune). Those holders will become majority holders of the company when it emerges from bankruptcy.

Reuters has updated their report, saying that their source redacted info. The LA Times is sticking by its claim.

Mediabistro Event

Deloitte & Tango Join Inside Social Apps

ISAExplore the latest trends and opportunities in social and mobile apps at Inside Social Apps, June 6-7 in San Francisco. Newly added speakers include Val Bauduin of Deloitte & Touche, LLP and Eric Setton
Co-Founder and CTO of Tango. Don’t miss the chance to add these valuable contacts to your network. Register today.