Tribune To Split Publishing, Broadcasting Assets

Law360, New York (July 10, 2013, 1:17 PM EDT) -- Tribune Co., the publisher of several big-name newspapers in the U.S., will split its print and broadcasting operations into separate companies as part of a plan to bear down on its more lucrative television business, it said Wednesday.

Under the media giant’s plan, it would split off its newspapers — among them The Los Angeles Times, Chicago Tribune and Baltimore Sun — into a new entity, Tribune Publishing Co. The rest of its assets, including the 19 television stations Tribune picked up in a $2.7 billion...
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