Media News

Who edited the 'hate blacks' column? - Peninsula Press Club
A new question is being asked in the week-long controversy over a column headlined "Why I Hate Blacks" in the Asian Week newspaper: Who decided to print the column?

No current plans' to sell The Morning Call - Morning Call
Tribune Co., parent company of The Morning Call, said Tuesday it has no current plans to sell the Allentown newspaper as it faces a self-imposed deadline to shape the company's future.Tribune, which on Tuesday officially announced the sale of two smaller papers, had at one time considered the sale of the Lehigh Valley's largest newspaper, according to reports last year. The Chicago media giant has sold more than $500 million in assets in six months, part of a broad effort to redefine itself and boost its financial performance.

Zell gains traction in bid for Tribune - Los Angeles Times
Sam Zell, a Chicago real estate magnate who made a fortune by turning around distressed properties, has emerged as a strong contender to buy the company that owns the Los Angeles Times, KTLA-TV Channel 5 and the Chicago Cubs baseball team, according to people familiar with ongoing negotiations.Zell's bid for Tribune Co. is getting serious consideration because it could buy out the disgruntled Chandler family of California and take the company private, said one Tribune executive who asked not to be named because details of the company's auction were supposed to remain confidential. That scenario is attractive to Tribune management because it would remove the company from the pressure of Wall Street investors.