Tribune Media
Quick Summary
Tribune Media was an American media company that owned television stations, digital and technological operations, and real estate holdings. It was founded in 1847 as the Chicago Tribune newspaper. Over time, it grew into a large media conglomerate.1
In 2007, businessman Sam Zell acquired a controlling interest in the Tribune Company, aiming for economic gains. However, the company faced financial difficulties and filed for bankruptcy in 2008. Zell later left the company after it emerged from bankruptcy in 2012.2
In 2017, Sinclair Broadcast Group attempted to acquire Tribune Media, which would have made Sinclair the largest broadcaster in the U.S. This deal was ultimately withdrawn in 2018 due to antitrust concerns. The Tribune Company's publishing division was later spun off in 2014, and the company underwent restructuring.31
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