Tribune Buyout Done, Now Private

People have very mixed feelings about what will be the fate of the various Tribune Co. newspaper and media properties under Sam Zell, who has just taken over as CEO and Chairman, after an $8.2 billion buyout. However now that the company is private it hypothetically has more breathing room to take risks and make investments for the long term, without the heat of Wall Street looking at quarterly earnings.

Many changes are already afoot. And we’ll see if Zell & Co. right the ship or sink it.

2 Responses to “Tribune Buyout Done, Now Private”

  1. earlpearl Says:

    I believe most profits at the washington post these days come from Kaplan education a non newspaper subsidiary. What a striking surprising investment.

  2. HBO’s ‘Wire’ to Focus on State of US Newspapers « Screenwerk Says:

    […] print newspaper industry. The real-life Baltimore Sun is owned by The Tribune Co., which was just taken private by an group headed by real-estate investor Sam […]

Comments are closed.

%d bloggers like this: