Chicago Tribune

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Trib Goes Tabloid on Weekdays
 Trib Goes Tabloid on Weekdays 

Trib Goes Tabloid on Weekdays

Newspaper will be smaller on newsstands, remain broadsheet for home deliveries

(Newser) - The Chicago Tribune is changing its street-sale format from broadsheet to tabloid beginning next week, the newspaper reports. The move, which will affect weekday retail editions but not subscription copies, puts the paper in direct competition with its rival, the Chicago Sun-Times, which has long published in the format. The...

Tribune Story Forced Feds to Arrest Blago Early

Story broke up meeting

(Newser) - US Attorney Patrick Fitzgerald must have been grinding his teeth as he arrested Rod Blagojevich Tuesday morning, reports the Wall Street Journal. Fitzgerald’s team had been salivating over the prospect of catching the sale of Barack Obama’s Senate seat on tape, but those hopes were dashed when the...

Tribune to Blago: Resign Already
 Tribune to Blago: 
 Resign Already 
OPINION

Tribune to Blago: Resign Already

Governor really can't govern after indictment

(Newser) - It's not news that Rod Blagojevich has been a “governor who cannot govern,” writes the Chicago Tribune in a furious editorial, but any ability he did have to serve Illinois has been swept away by this indictment. “The governor must resign immediately,” the paper declares, or...

Tribune Bankrupt One Day, Engulfed by News the Next

Chicago institution breaks Blagojevich news, and is a player in corruption allegations

(Newser) - What a difference a day makes for the Chicago Tribune, which yesterday broke the story of Illinois Gov. Rod Blagojevich’s arrest, and was itself an object of his alleged corrupting intentions—just a day after its parent company declared bankruptcy, the Wall Street Journal notes. “It’s pretty...

Blago Charges Go Beyond Obama Seat
Blago Charges Go Beyond Obama Seat
UPDATED

Blago Charges Go Beyond Obama Seat

'Breadth of corruption' would 'make Lincoln roll over in his grave'

(Newser) - In addition to bartering over President-elect Obama’s vacant Senate seat, Illinois Gov. Rod Blagojevich sought campaign contributions in return for government action, and attempted to influence the editorial board of the Chicago Tribune, the Sun-Times reports. The FBI released transcripts of incriminating conversations today. “The conduct would make...

Tribune Company Files for Bankruptcy

Financing billions in debt becomes too onerous in down economy

(Newser) - The Tribune Company filed today for Chapter 11 bankruptcy protection, due to mounting debt and an inability to pay interest in the floundering economy, the Wall Street Journal reports. Tribune’s profits declined 83% in the third quarter, making it difficult to finance $12 billion in debt. The company has...

Tribune May File for Bankruptcy This Week

Saddled with debt, media company looks at Chapter 11

(Newser) - The Tribune Co. has hired a financial adviser to help it file for bankruptcy as early as this week, the Wall Street Journal reports. Facing $12 billion in debt and shrinking profits, the owner of the Chicago Cubs and several newspapers has also brought in legal counsel to guide it...

Zell 'Clueless' About Journalism and Democracy
Zell 'Clueless' About Journalism and Democracy
OPINION

Zell 'Clueless' About Journalism and Democracy

What he's done to, and says about, Tribune Co. shows fundamental misunderstanding

(Newser) - Sam Zell may or may not turn the Tribune Company around, but his ownership has crippled “real newsgathering,” Peter Osnos writes in the Daily Beast. “If Tribune goes down, he will still be very rich,” Osnos continues, “but he will have presided over the evisceration...

Extra! Extra! Obama Win Sells Out Newspapers

Chicago Tribune , Washington Post , others go back to presses

(Newser) - Barack Obama’s victory was excellent news for the newspaper business. Papers sold out so fast the Chicago Tribune, Washington Post and Cincinnati Enquirer fired up presses for a second run, with the Post rattling off 150,000 extra copies. Lines formed outside the New York Times building and Tribune...

Obama Is First Democrat to Land Tribune Endorsement

GOP-leaning hometown paper cites senator as unifying force in time of trouble

(Newser) - In its first-ever endorsement of a Democrat in a US presidential election, the Chicago Tribune touts Barack Obama as the candidate “to lead us through a perilous time and restore in us a common sense of national purpose.” It cites its backing of independents against Republicans as precedent,...

Jonas Brothers Fans See Red Over Green Posters

Upset teens entered contest, never judged

(Newser) - Legions of young Jonas Brothers fans showed up for a concert as instructed with "thinking green" posters—only to see most of them summarily dumped in the trash, the Chicago Tribune reports. The teens had created the posters for a Chevy-sponsored contest in hopes of winning the top prize:...

Chicago Tribune Editor Resigns Amid Cutbacks

Ann Marie Lipinski ends 7-year run in job 'not the fit it once was'

(Newser) - Chicago Tribune editor Ann Marie Lipinski handed in her resignation today after 7 years in the top post at the Tribune Company's flagship paper. Lipinski's departure comes a week after the 161-year-old newspaper told its staff it would eliminate about 80 newsroom jobs amid a broad effort to cut costs...

For Sale: Chicago Landmark
 For Sale: Chicago Landmark 

For Sale: Chicago Landmark

Tribune Tower may hit market as Zell looks to pay down debt on giant media company

(Newser) - Saddled by debt from his acquisition of the Tribune Company media empire, billionaire Sam Zell may sell off the iconic Chicago headquarters of the Tribune newspaper, he said yesterday. The 83-year-old Tribune Tower could fetch $250 million, analysts told the Sun-Times, with Zell likely needing to assure a new owner...

Zell's Tribune Co. Heads Toward Default on Loans
Zell's Tribune Co. Heads Toward Default on Loans
analysis

Zell's Tribune Co. Heads Toward Default on Loans

Newspapers reeling from low ad revenue

(Newser) - As the newspaper industry continues its accelerating skid into the red, even billionaire Sam Zell's Tribune Company is on track to default on its massive loans as soon as the end of the year, an analyst predicts. The parent of the Chicago Tribune and Los Angeles Times is far from...

Sam Zell: Saving Newspapers, or Burying Them?
Sam Zell: Saving Newspapers, or Burying Them?
Analysis

Sam Zell: Saving Newspapers, or Burying Them?

News cuts may stem advertising losses or hemorrhage them

(Newser) - Sam Zell and his Tribune Company announced last week that they would trim 500 pages of news each week from the conglomerate's dozen newspapers, including the LA Times and the Chicago Tribune. But is a paper split 50-50 between news and ads the solution for an industry in crisis? The...

Honey, I'm Shrinking the Tribune Papers

Zell plans to slice pages to offset $13B debt

(Newser) - Publisher Sam Zell has announced he'll quickly slash pages and more editorial jobs to offset huge debts and  a larger-than-anticipated decline in advertising revenue at his newspapers, including the Los Angeles Times and Chicago Tribune. An 80-page edition of the Tribune could be sliced to 48 pages, reports the Chicago ...

How to Avoid R. Kelly Jury Duty

Twelve foolproof ways to not get picked

(Newser) - R. Kelly's jury is complete, and the arduous process of getting it filled contains a lesson: Should you ever be called upon to weigh in at a child pornography trial, the Chicago Tribune offers some proven ways—at least they worked in this case— to avoid getting trapped in the...

Walter Reed Exposé Helps Post Net 6 Pulitzers

NY Times , Chicago Tribune , Milwaukee Journal Sentinel among other winners

(Newser) - The Washington Post today won the prestigious Pulitzer Prize for public service for its coverage of the Walter Reed scandal and grabbed five more of the coveted awards in the biggest haul in the paper's history. A series on the power of Dick Cheney earned the national reporting medal, and...

Zell Turns to Radio Talent to Shake Up Newspapers

Tribune chief hiring radio veterans to help company

(Newser) - New publishing mogul Sam Zell is recruiting colorful veterans from the radio industry in a bid to help save his struggling Tribune Company, the Wall Street Journal reports. Zell is hoping the imports will spark innovation at the company, whose debt has swelled to $12.8 billion amid declining newspaper...

Cash-Strapped Papers Take Scribes Off Trail

Some mourn loss of perspective; others find blogs are OK substitute

(Newser) - The decline in the number of writers attached to presidential campaigns is “striking,” the New York Times reports—with only five newspapers trying to follow the candidates full-time. With per-person travel costs at $30,000, or more, a month, cash-strapped outlets are choosing not to foot the bill....

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