Tribune News

Tribune Co. , publisher of the Baltimore Sun and Los Angeles Times, said it asked for more time to submit its restructuring plan in bankruptcy court, according to a memo sent to employees today.

The Associated Press announced last week that Tribune Co., the owner of such media giants as The Los Angeles Times and The Chicago Tribune, is going to suspend the use of AP stories this week, as a trial run for a possible long-term financial decision.

Nearly every paper in America has lost circulation, but The Post more than most -- down almost 30 percent in 2.5 years, to 508,000 in the most recent reporting period, against 544,000 for The Daily News.

American businessman Stan Kroenke has increased his stake in Premier League club Arsenal to 29.6 percent, only .3 percent short of a mandatory takeover bid.

Apple's iTunes Pitch: TV for $30 a Month Would you pay $30 a month to watch TV via iTunes? That's the pitch Apple has been making to TV networks in recent weeks.

Chief Administrative Officer Gerry Spector indicated yesterday in a memo about retirement plan changes that the Employee Stock Ownership Plan was going to be killed.

No big shocker here: Sam Zell 's bankruptcy of the Tribune Company is going to end up costing its employees more than just their jobs or perks, it's also going to retroactively remove their stock ownership in the company.

We've written before about how much of the MSM has closed out many of their local bureaus.

As international newswires like AFP and The Associated Press begin to regulate how much copy can be taken from their articles, it's not just blogs that are going to feel the pinch.

The controversial employee stock ownership plan at the center of Sam Zell's 2007 purchase of Tribune Co.

Tribune Co. wants to know if its papers, including the Chicago Tribune and Los Angeles Times, can do without content from the Associated Press.

Tribune Co., owner of The Chicago Tribune, the Los Angeles Times and several other news outlets, will not use most Associated Press content next week to test whether the financially struggling company can do without it, according to a story on the Chicago Tribune's Web site.

The Tribune Co. bankruptcy case appeared to be rolling along smoothly, until a group of junior creditors led by distressed-bond investor Centerbridge Partners began throwing grenades in late August.

CHICAGO While under Chapter 11 protection, Tribune Co. has paid "millions of dollars" in hidden and unauthorized fees to lawyers and financial advisory firms hired by senior lenders as part of a plan to grab the lion's share of the Chicago media giant's assets, claims a dissident group of bondholders.

So much for the Sun-Sentinel television show "SFL Live," which was once billed by Tribune execs as a revolution in programming.

Tribune Co. Chairman and Chief Executive Officer Sam Zell said in an interview Wednesday that " ith some reasonable luck," the company will exit bankruptcy in the first quarter of 2010.

Oct. 28 -- Sam Zell, chairman and chief executive officer of Tribune Co., talks with Bloomberg's Greg Miles, Erik Schatzker and Deirdre Bolton about the outlook for Tribune's emergence from bankruptcy.

Tribune Company plans to have users of its various newspaper websites sign in with a "universal registration" that is designed to make it easier for advertisers to target users.

Max & Erma's Inc. has filed for Chapter 11 bankruptcy protection from its creditors, listing between $1 million and $10 million in debts.

Newsday plans to start charging $5 a week for access to its Web site in a move that could generate more revenue but risks driving away readers.