Good swaps USA Today for Tribune Publishing
Gavin Good has joined Tribune Publishing’s Pioneer Press as the Lake County Board and Lake County government reporter. Previously, he covered Illinois football and men’s basketball beat for two Gannett publications, the Peoria Journal Star and the State Journal-Register in Springfield, Ill. He has previously written for 247Sports and Smile Politely Magazine, both in Illinois. […]
Tribune Publishing appoints veteran Connecticut journalist Bennett as executive editor
Tribune Publishing has named Helen Bennett executive editor of the Hartford Courant, the largest daily newspaper in Connecticut. Bennett has over 25 years’ experience in Connecticut news media. She joins from the New Haven Register, The Middletown Press and the Register Citizen, Hearst Connecticut Media, where she was editor. “I’m very excited about this new opportunity,” […]
CNBC hires Russom as correspondent for Shep Smith show
Perry Russom joins CNBC as a new correspondent for “The News with Shepard Smith,” based at CNBC Global Headquarters in Englewood Cliffs, New Jersey The Emmy award-winning journalist joins from NBC10 and NECN, where he spent five years as a general assignment reporter and most recently as a weekend anchor. He has also worked at […]
Tribune Publishing moving forward with hedge fund’s bid
Tribune Publishing is moving ahead with plans to be acquired by Alden Global Capital and has ended talks with Maryland hotel executive Stewart Bainum, who was also interested in purchasing the Chicago-based newspaper chain. Swiss billionaire Hansjörg Wyss has also pulled out of a bid to buy Tribune Publishing. Due to this, the Wyss/Bainum entity […]
Swiss billionaire joins bidding for Tribune Publishing
Hansjörg Wyss, a Swiss billionaire who has donated hundreds of millions to environmental causes has joined in the bidding for Tribune Publishing. Wyss, who is also the former CEO of medical device manufacturer Synthes, said in an interview that “he had agreed to join with Maryland hotelier Stewart W. Bainum Jr. in a bid for […]
Hedge fund to acquire Tribune in multimillion-dollar deal
Alden Global Capital, a hedge fund known for restructuring at local newspapers, is acquiring the remainder of Tribune Publishing. The remaining buyout will give Alden 68 percent of the shares it does not already own in the Tribune for roughly $431 million, per The Chicago Tribune — valuing the full company at $630 million, reports […]
Hedge fund seeks to buy rest of Tribune Publishing
A hedge fund that owns a big stake in Tribune Publishing Co. is seeking to buy the newspaper chain behind titles including the Chicago Tribune and New York Daily News, reports Cara Lombardo, Dana Cimilluca and Lukas I. Alpert of The Wall Street Journal. Lombardo, Cimilluca and Alpert report, “Alden Global Capital LLC, which is already Tribune’s largest shareholder with […]
Zeus Technology to license its AdTech to Tribune Publishing
Zeus Technology, the industry-leading revenue platform from The Washington Post, has announced that it will license its performance AdTech to Tribune Publishing. The agreement continues a period of growth for Zeus which will now power AdTech for nearly 70 sites in the U.S. Jarrod Dicker, VP of Commercial Technology at The Post and GM of […]
Tribune Publishing to vacate offices at 5 papers
Tribune Publishing Company announced Wednesday that it is closing the newsrooms at five of them, including New York’s Daily News and The Capital Gazette in Annapolis, Maryland. However, the Orlando Sentinel in central Florida, the Morning Call in Allentown, Pennsylvania, and the Carroll County Times in Maryland will continue to be published with employees working […]
Tribune Publishing joins the pay cut trend
Tribune Publishing CEO Terry Jimenez announced a series of permanent pay cuts for non-union employees as the company battles with the economic effects of the pandemic, reports Poynter. The cuts take effect April 19. Jimenez said, “the company will permanently reduce base pay from 2% to 10% for employees who have an annual base salary […]
