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Editor’s Note: Encyclo has not been regularly updated since August 2014, so information posted here is likely to be out of date and may be no longer accurate. It’s best used as a snapshot of the media landscape at that point in time.

 is a Chicago-based media company, the United States’ second-largest newspaper publisher. It was formerly part of the Tribune Company.

Tribune Publishing owns , including its flagship, the Chicago Tribune, and the Los Angeles Times, Baltimore Sun and Hartford Courant. As part of the Tribune Co., it had owned , along with the cable network  and the digital music company , which it bought in 2014.

In 2013, it its publishing properties from its broadcasting properties, spinning its newspapers into Tribune Publishing and retaining the broadcasting assets as part of Tribune Media, though some expressed concern that such an arrangement would . The split was completed in . Tribune Publishing’s value was , and it  going into its split. Three investment firms own a total of 40% of Tribune Publishing and control the company.

The company was with the launch of the Chicago Tribune and went public in 1983. The Tribune doubled its size in 2000 by , which published the Los Angeles Times and Newsday.

Real estate magnate Sam Zell , making it private in an $8.2 billion deal that Zell . Zell for his fiery personality and harsh style: Under Zell, the Tribune in 2008 to pay off debt and made at several of its papers, several newspaper executives when they refused to comply. Zell’s leadership was in the light of those moves and the company’s struggles.

The company began posting losses in 2008 and later that year, the first major newspaper company to go bankrupt in more than 70 years. The paper on the last day of 2012 under the ownership of various creditors led by the Los Angeles hedge fund Oaktree Capital Management. The Tribune of the Chicago Cubs as part of bankruptcy proceedings in 2009. As it in July 2012,  indicated it planned to spin off many of its newspaper and broadcast units into separate subsidiaries, and it was to have hired bankers to sell its papers. Reportedly interested buyers included  and the conservative billionaire brothers , though the latter . The Tribune in late 2013 to cut 700 jobs across the company.

In 2008, Zell as the company’s chief innovation officer. Abrams helped engineer several at the Tribune’s papers, though his in journalism circles.

The Tribune Co. gave the Associated Press notice in 2008 that it would drop the wire service in 2010, though it did not until January 2013. The Los Angeles Times retains a contract with the AP.

The company has emphasized search engine optimization, with about devoted to it and plans to stop duplicate content.

In 2011, the Tribune Company was  (which never materialized) which might be given to newspaper subscribers for free or cheap.

The Tribune began putting up online paywalls in 2011, . By October 2012, the Hartford Courant was the .

In October 2010 the upper management of the Tribune Company came under fire after a New York Times report that started at the top with Randy Michaels, Tribune’s chief executive. David Carr, reporting for the Times, wrote: “Tribune Tower, the architectural symbol of the staid company, came to resemble a frat house, complete with poker parties, juke boxes and pervasive sex talk.” It was shortly after that Abrams resigned from the company after sending a Within a matter days the Tribune board also accepted the resignation of Michaels.

In November 2010 the company’s creditors sued Zell and the banks that financed the sale of Tribune, accusing them of making the $8.2 billion deal .

Tribune Media has a digital innovation unit based in Palo Alto, California, and Bangalore called , which What’s On in 2014. In early 2014, it that reads audio versions of textual news stories. At the time of the app’s launch, Tribune Digital Ventures had 50 employees, plus 350 from Gracenote.

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Primary author: Mark Coddington. Main text last updated: September 11, 2014.
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