TVNewser FishbowlDC AgencySpy TVSpy LostRemote PRNewser SocialTimes AllFacebook 10,000 Words GalleyCat UnBeige MediaJobsDaily

Sam Zell’s Idea of a Joke

samzellimage.jpgThe Tribune Co. issued this April Fool’s Day press release:

TRIBUNE COMPANY ANNOUNCES NAME CHANGE
Zell Tells Employees of Switch in an Email;

Company Announces Revenue Generating Efforts To Offset Debt

CHICAGO, April 1, 2008 — Tribune Company, the largest employee-owned media company in the nation, today announced it has changed its name to ZellCoMediaEnterprises Inc. or ZCMEINC. Zell, who made a fortune in real estate before deciding he’d like to dabble in an industry completely unfamiliar to him, announced the change in his record-setting 437th email to exhausted employees this year.

“H—, I put $315 million into this thing, and we’re on the hook for $13 billion — the least I ought to get is my name on the company’s stationery,” said Zell, who remains chairman and CEO of the newly named enterprise.

Which would be funny, if it were not totally and maddeningly possible.

Mediabistro Course

Get a Literary Agent

Get a Literary AgentStarting August 6, learn how to find the right agent for your book and write a query that will get the deal done! Taught by Barbara Clark, a book agent and publishing consultant, you will learn the best methods for finding a literary agent, the proper protocol and etiquette for seeking literary representation, how to send queries and more. Register now!