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Posts Tagged ‘Tribune Company’

‘We Are the First Responders’: Station Group Heads Discuss Health of Local TV

NATPE_ConferenceTVSpy sat in on two of the TV Summit panel discussions at the “NYC TV Week” event this afternoon.

While the panel with Peter Liguori, president and CEO of Tribune Company, was held earlier than the lunchtime discussion with Valari Staab, president of NBC owned stations and Rebecca Campbell, president of ABC owned stations, much of the discussion revolved around the health of local stations.

“I actually had someone approach me who said ‘No one watches local news,’” said Liguori. “And they actually couldn’t be more wrong. This morning in LA, KTLA drew about 150,000 viewers. CNN probably drew 10,000. We’re so accustomed and trained to look at cable news on a national basis and never on a local basis. KTLA out delivered CNN ten times this morning. That’s incredibly powerful.” Read more

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Larry Wert: Hiring a News Director at WPIX is Top Priority

Larry Wert officially began his job as the president of local broadcasting for Tribune’s 23 stations this week. Wert tells Time Out Chicago’s Robert Feder that the vacant news director position at WPIX, Tribune’s CW affiliate in New York City, is at the top of his to-do list:

Filling the news director job and making a few other adjustments in the largest of the 23 markets Wert oversees is a top priority, he told me Monday, his first official day on the job.

[...] Coming off a 15-year run as president and general manager of NBC 5 — and a decade before that as a top radio station executive in Chicago — Wert, 56, knows he has taken on the biggest challenge of his career. “There’s so much to absorb and so many issues to catch up with, the task is almost overwhelming, but at the same time very exciting,” he said. “In meeting with many of the employees who’ve worked so hard and lived through years of uncertainty, you can feel their enthusiasm for what’s ahead.”

Tribune Company Cleared to Exit Bankruptcy

Tribune Company, the Chicago-based owner of several newspapers and 23 television stations, announced on Friday it has received approval needed to end its four-year bankruptcy proceedings.

“This decision will enable the company to continue moving forward toward emergence from Chapter 11, a process we expect to complete over the course of the next several weeks,” Tribune CEO Eddy Hartenstein said in a statement.

Tribune has cross-ownership of television stations and newspapers in five markets — Chicago, New York, Los Angeles, South Florida and Hartford — under exceptions to a 1975 FCC rule. Federal regulators have granted Tribune a permanent waiver in Chicago and extended waivers in the other four markets, allowing the company to continue cross-ownership. Read more