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...
To view the full article, register now.

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.