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Tribune To Split in 2, Spinning Off Its Newspapers

J

JayR

From the Chicago Tribune (no less :eek: ):

Tribune Co. to spin off newspapers

Chicago Tribune and other papers to become part of Tribune Publishing Co., separate from WGN radio and TV

One week after boosting its broadcasting holdings with the announcement of a deal to purchase 19 television stations, Tribune Co. said Wednesday morning it intends to spin off its publishing business into a separate company.

The move would separate Tribune Co.’s publishing assets, including the Chicago Tribune, Los Angeles Times and six other daily newspapers, from the Chicago-based media company’s more profitable broadcasting holdings, ending decades of evolution together under one roof.
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It was just a matter of time...
 
Don't Scripps, Gannett, Hearst-Argyle, Post-Newsweek & friends all operate this way too ??

If so, then it's a no brainer for Tribune to do the same thing

Cheers & 73 ;D
 
Gannett has that idiotic color scheme bar for their TV stations to match/promote USA Today.

Other than that I'm pretty sure companies try to segregate the two industries.
 
w00t said:
Other than that I'm pretty sure companies try to segregate the two industries.
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I'm not.

Gannett has figured out, faster than most other companies, that a "newspaper" and a "TV station" are pretty much in the same business these days when it comes to news content creation. Here in western New York, Gannett owns the Democrat and Chronicle in Rochester and WGRZ-TV 60 miles down the road in Buffalo. It's no longer at all uncommon to see Buffalo-area stories and images in the D&C, credited to WGRZ, nor is it uncommon to see Rochester video on WGRZ shot by D&C crews.

In Phoenix, Gannett moved KPNX-TV into the Arizona Republic building a couple of years ago and now shares news content between the two.

That's the direction the industry is going in - even Tribune, before the bankruptcy, integrated WTIC-TV into the Hartford Courant newsroom, and it will be interesting to see them unwind that integration now. (I guess the plans to move KTLA into the LA Times building are dead now.)

As for the other examples, I'm pretty sure that Scripps, Hearst and Post-Newsweek have their TV stations under the same corporate umbrella as their broadcast properties. They're not at all doing the same thing as Tribune, which is splitting broadcast and print into completely separate companies. (Media General and Belo have done the same thing in recent years.)
 
Scott Fybush said:
w00t said:
Other than that I'm pretty sure companies try to segregate the two industries.
Click to expand...
That's the direction the industry is going in - even Tribune, before the bankruptcy, integrated WTIC-TV into the Hartford Courant newsroom, and it will be interesting to see them unwind that integration now. (I guess the plans to move KTLA into the LA Times building are dead now.)
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Would it be possible for them to maintain a 'content agreement' under the split without violating FCC guidelines to keep that integration? I know even after Media General sent their papers off to Warren Buffett's newspaper division that the Tampa Tribune and WFLA-TV continue to operate under the same roof. Somehow I don't see WGN Radio, which just spent millions upon millions on new studios in the Tribune Tower vacating to Bradley Place with WGN-TV anytime soon either.
 
No reason I can see why not. The FCC doesn't get involved in content-sharing deals. If it were to rise to the level of a transfer of control of the broadcast license, that might be different.
 
Is it possible that Tribune is actually splitting the two sides to bring them closer together without violating cross-ownership rules since they're technically separate companies?
 
No. This is a straight spinoff, just as it was with Media General and Belo. (And in any event, there's not much of a way Tribune could integrate operations between broadcast and newspaper any more than they've already done in Hartford, Chicago or south Florida.)
 
Scott Fybush said:
...I'm pretty sure that Scripps, Hearst and Post-Newsweek have their TV stations under the same corporate umbrella as their broadcast properties. They're not at all doing the same thing as Tribune, which is splitting broadcast and print into completely separate companies. (Media General and Belo have done the same thing in recent years.)
Click to expand...

Actually, Media General sold off their newspapers outright, selling them to World Media Enterprises, a media company owned by investment firm Berkshire Hathaway. The new company is based in Omaha, where B-H already owns the Omaha World Herald.

mrschimpf said:
I know even after Media General sent their papers off to Warren Buffett's newspaper division that the Tampa Tribune and WFLA-TV continue to operate under the same roof.
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The Tampa Tribune was sold separately to another party, the Revolution Capital Group. Though both the Trib and WFLA-TV still share "The News Center" in downtown Tampa.
 
w00t said:
Gannett has that idiotic color scheme bar for their TV stations to match/promote USA Today.

Other than that I'm pretty sure companies try to segregate the two industries.
Click to expand...

Personally, I don't think it is "idiotic", but it should be something they ought to only use it on their NBC affiliated stations though...
 
kilamanjero said:
w00t said:
Gannett has that idiotic color scheme bar for their TV stations to match/promote USA Today.

Other than that I'm pretty sure companies try to segregate the two industries.
Click to expand...

Personally, I don't think it is "idiotic", but it should be something they ought to only use it on their NBC affiliated stations though...
Click to expand...
Why? What's wrong with the idea of it being used elsewhere?

I can see using the NBC chimes derivative in the newscast theme music only on the NBC stations & associated duopolies (Heck, they could even get a derivative of the ABC World News opening for their ABC stations & associated duopolies as well if they wanted to) but the color scheme?? I don't think so

Just my opinion.....

Cheers & 73 ;D
 
kilamanjero said:
w00t said:
Gannett has that idiotic color scheme bar for their TV stations to match/promote USA Today.

Other than that I'm pretty sure companies try to segregate the two industries.
Click to expand...

Personally, I don't think it is "idiotic", but it should be something they ought to only use it on their NBC affiliated stations though...
Click to expand...

If the objective is to create a distinctive Gannett design language, then why would they exclude some of their stations based on network affiliation?
 
Morgan Wick said:
Maybe the intended point had something to do with NBC's multicolored peacock logo?
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Everything with Gannett stations these days is to tie in with the design and coloring of the co-owned USA Today, with news blue, sports read, entertainment purple, etc.
 
Morgan Wick pointed it out precisely. The color scheme matches the NBC peacock logo. Gannett has a very close relationship with the NBC network due to it owning so many of their major market affiliates... Gannett should have came up with a variation for their other affiliates as well because the USA Today color scheme is too close to the NBC peacock multicolor scheme.
 
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