L.A. Times Juggled the Books and Fired Him, Auditor Says

By WILLIAM DOTINGA

 LOS ANGELES (CN) - Los Angeles Times fired an auditor for blowing the whistle on a scheme to pad circulation numbers, the man and his company claim in court. The higher a newspaper's circulation, the more it can charge advertisers.

 At some point, Daley says he became aware of "past fraudulent behavior at the Times, whereby the Times entered into agreements to 'buy its own newspapers' and count the purchases as part of its circulation," the complaint states.

  "This fraud was designed to deceive the Times' advertisers and was very similar to a situation involving newspapers Newsday and Hoy, which led to federal arrests and convictions of Tribune employees. In fact, while the U.S. Attorney in New York was prosecuting employees of Tribune regarding Newsday and Hoy, the Times was engaging in essentially the same illegal activities in Los Angeles. As with the Newsday and Hoy case, the fraud perpetrated here was performed by high-level executives."

Visit Courthouse News Service for complete article 

Wednesday Night in the Blogosphere

The Blogging Pressman with former publisher of the LA Times Eddy Hartenstein.

Believe it or not; Eddy made $2.6 million as publisher of the Times in 2013

New York Times mulls buyouts - Politico

Kushner's bold bet on newspapers teeters - USA Today

Knight Foundation announces new journalism division - Poynter

Tribune problem solver Jon Yates leaving ‘dream job’ - Robert Feder

Two California newspapers meet different fates - Portland Press Herald

More shrinkage at OC Reg as layoffs go national - Veronique de Turenne

Norwegian paper banking on all-access subscription model - Editors Weblog

Facebook Fills The Void Left By Local Newspapers - Business 2 Community

Dean Baquet: Our traditional N.Y. Times masthead no longer works - Romenesko

What we know (and don’t know) to make San Diego’s daily a nonprofit - NiemanLab

Eddy Hartenstein steps down as publisher of the Los Angeles Times

The Chicago Tribune put it's story about beginning a new corporate era as Tribune Publishing behind the firewall. Fortunately, that doesn't stop me. The big takeaway? No journalists on the new board. 

Highlights:

Eddy Hartenstein steps down as publisher of LAT. He becomes non executive chairman of Tribune Publishing board on Monday. (Non executive chairman exist to serve as counterweight to CEO, who in this case will be Jack Griffin.) Hartenstein will make $200,000 annually.

Other board members:
"•David Dibble, the top technology executive at Yahoo from 2008-13.

"•Philip Franklin, chief financial officer of Littelfuse Inc., a Chicago-based manufacturer of electronic components.

"•Renetta McCann, chief talent officer at Chicago-based ad agency Leo Burnett.

"•Ellen Taus, chief financial officer of The Rockefeller Foundation and a former publishing executive."

Tribune Publishing begins new era with new leaders

Eddy Hartenstein on the LATimes.com Replate

From: Hartenstein, Eddy
Sent: Monday, May 05, 2014 9:22 AM
To: AllLosAngelesTimesEmployees
Subject: Announcing the New latimes.com

All –

Over the past year, a team of our colleagues from various departments has taken a critical look at how we’ve previously presented our journalism and advertising digitally. We completely rethought how design and technology affect the consumption of news, information and images throughout the day. We took into account the inner-workings of a 21st century newsroom, how stories break and build, and how to best engage contemporary audiences. We evaluated current marketing trends to enable advertisers to better reach our broad readership, as well as target niche areas of interest. And we thought a lot about sparking conversations.

The result is the new latimes.com, one of the largest fully responsive news sites ever built. It is a rich, dynamic showcase for our storytelling and an exceptional platform for our advertisers.

We’ll be meeting shortly for a sneak preview before tomorrow’s launch. These are some of the highlights you can expect from our new site:

• Conceived as mobile-first and built to adapt to future distribution models.
• Responsive design ensures a consistent, optimal reading experience across devices and desktops, be it mobile mornings, desktop days or lean-back evenings.
• Visually striking, bold design that highlights our marquee journalism, eliminates clutter and puts focus on our unique voices.
• Photo-centric browsing option that anchors latimes.com and is accessible on all section fronts.
• Recognizes how readers search for news by treating article pages as entry points as valuable as the homepage.
• In-line and in-context video, photo galleries, story collections and slide-out panels that enhance our storytelling abilities and reader experience.
• Endless scrolling and multi-directional navigation that eradicates print-centric and antiquated web concepts, such as “the fold,” “the jump,” “endless clicking” and “the dead end.”
• Seamless pathing from one piece of content to the next, with section fronts and article pages anchored by a row of thumbnails that automatically transport readers to related coverage or other sections.
• Multiple quick-review and micro-sharing options, including at-a-glance “sharelines,” pull quotes and photos.
• New local feature pulling in neighborhood-level geocoded news and dining information, as well as crime data…with more to come.
• Expanded sales opportunities driven by increases in traffic and engagement, greater video pre-roll inventory, and new, responsive ad units.
• Disruption of the traditional page grid, which helps advertisers break through by solving for “right-rail blindness.”
• A new fully responsive, large-format ad unit offering advertisers and marketers an execution as technologically advanced and visually arresting as the rest of the new site.
• Browsing features that incorporate native advertising and sponsored content.

This is a very exciting moment in our digital evolution and this new platform architecture paves the way for all Tribune Publishing news sites. My deepest thanks and congratulations to all who have contributed to this massive undertaking.

See you at 11,
eddy

SOURCE: Kevin Roderick

Security beefed up (a tad) in LA Times building - LA Observed

Security beefed up (a tad) in LA Times building - LA Observed



Stay tuned as a share the lack of security at the Los Angeles Times Olympic Production Facility over the past few years as the security force was outsourced, and crime went through the roof, while Eddy Hartenstein looked the other way.

Tribune Company Names Leadership for Tribune Publishing

Press Release

Eddy Hartenstein to Become Non-Executive Chairman of the Board, Jack Griffin Named Tribune Publishing CEO, John Bode Continues as Chief Financial Officer

PR Newswire

CHICAGO, March 6, 2014

CHICAGO, March 6, 2014 /PRNewswire/ -- Tribune Company today named the leadership team that will guide Tribune Publishing following its pending separation from the company.  Peter Liguori, President and Chief Executive Officer of Tribune Company, announced that Eddy Hartenstein, publisher and CEO of the Los Angeles Times, will become Non-Executive Chairman of the Board of Directors of Tribune Publishing once it is established as an independent company.  Publishing and media veteran Jack Griffin, who has served as an advisor to Tribune over the last year, has been appointed Tribune Publishing Chief Executive Officer, effective April 14.  John Bode will continue as Chief Financial Officer for the new company, reporting to Griffin.

"This is an experienced leadership team, all of whom have the necessary vision and expertise to lead Tribune Publishing into its next chapter," said Liguori.  "With Eddy and Jack in place, I am confident that Tribune Publishing will continue to prosper far into the future and provide the quality journalism that has been the hallmark of its newspaper brands and digital services."

Following the spin-off, Tribune Publishing Company will become home to Tribune's publishing assets, including the Los Angeles Times, Chicago Tribune, The Baltimore Sun, Sun Sentinel (South Florida), Orlando Sentinel, Hartford Courant, The Morning Call and Daily Press.  The company has approximately 7,000 employees.

"After a terrific run leading the Los Angeles Times Media Group, I look forward to the opportunity to focus more on the strategic aspects of the publishing company and its transition to a stand-alone business," said Hartenstein.  "It gives me great pleasure to continue to support the outstanding men and women of Tribune Publishing."

Hartenstein has served as President and CEO of the Los Angeles Times Media Group and Publisher of the Los Angeles Times since August, 2008.  During his tenure the newspaper won three Pulitzer Prizes, including the 2011 Gold Medal for Public Service.  He also served as Tribune Company CEO from mid-2011 through early 2013.  A search for Hartenstein's successor at the Los Angeles Times Media Group is already underway.

Incoming publishing CEO Jack Griffin said: "Tribune Publishing is home to some of the country's most iconic print and digital brands and I'm honored to be able to help guide the evolution of the company to an independent business."

For the last three years, Griffin has been the co-founder and CEO of Empirical Media, a consulting firm advising national media properties, including Tribune Publishing.  In 2010, Griffin was named CEO of Time Inc. and from 2003 to 2010, Griffin served at the Meredith Corporation as the president of the National Media Group and earlier the president of the Publishing Group.  Under his leadership, Meredith successfully transformed itself into a digitally enabled, diversified media and marketing company.  From its print roots, Meredith became a major provider of marketing services through Meredith Integrated Marketing, of which Griffin was the founding General Manager in 1996.  From 1999-2003, Griffin was the president of Parade, the nationally syndicated magazine. Earlier in his career, Griffin worked at The New York Times Company for five years.

John Bode, who was named Chief Financial Officer for Tribune Publishing in September, 2013, will continue in his role overseeing all financial operations for publishing.  Bode served previously as Executive Vice President/Chief Financial Officer of Source Interlink Companies, where he held a variety of positions of increasing responsibility over a nearly 11-year career with the company.  Bode was instrumental in helping to transform the company, including successfully revamping its digital operations.

Tony Hunter will continue serving as President and CEO of the Chicago Tribune Media Group and Publisher of the Chicago Tribune.

Tribune Company also expects to name the remaining members of Tribune Publishing's Board of Directors in the coming weeks.

Complete bios are available upon request.

TRIBUNE is one of the country's leading multimedia companies, operating businesses in broadcasting, publishing, and interactive. The company's broadcasting group owns or operates 42 television stations, WGN America on national cable, the national multicast networks Antenna TV and THIS TV, Tribune Studios and Chicago's WGN-AM. In publishing, Tribune's leading daily newspapers include the Los Angeles Times, Chicago Tribune, The Baltimore Sun, Sun Sentinel (South Florida), Orlando Sentinel, Hartford Courant, The Morning Call and Daily Press. Popular news and information websites complement Tribune's broadcast and print properties and extend the company's nationwide audience.

Photo - http://photos.prnewswire.com/prnh/20140306/CG78262-a
Photo - http://photos.prnewswire.com/prnh/20140306/CG78262-b

SOURCE Tribune Company

Tribune Company Publishing Appointments

From: Tribune Communications
Sent: Wednesday, November 20, 2013 9:11 AM
Subject: Message from Eddy Hartenstein and Tony Hunter/Publishing Appointments 

We are pleased to announce today the promotion of several executives who will lead key company functions for Tribune Publishing. 

As Peter has just said, we are naming leaders of each major revenue function in our company including advertising sales, consumer marketing, and digital media. We will also be focusing our management resources in manufacturing, distribution, finance, human resources, and technology, so that each function can best serve the company, our advertisers, and our readers.

Our strategy is to make Tribune Publishing synonymous with the sharing of employee skills, best practices, product innovation, new revenue activities, and new content initiatives rapidly and seamlessly across the company. Each of these leaders has an established track record of success at our company. 

The following long-time Tribune executives will assume new responsibilities: 

Bob Fleck, currently Senior Vice President, Advertising for Chicago Tribune, will assume the new role of Executive Vice President of Advertising for Tribune Publishing, the company’s senior-most advertising position. All national advertising teams, including T365, Digital, MediaWorks, and Classified Marketplaces will report to Bob. Brad Agens will take on expanded national responsibility for Tribune’s digital advertising, reporting to Bob. Both Bob and Brad will work closely with Mike Tannourji, Executive Vice President of Advertising at Los Angeles Times Media, as well with the advertising teams of each of our publications, which will continue to report to their local publishers. 

Bill Nagel, currently Executive Vice President, Business Services at The Los Angeles Times will be appointed to the new role of Executive Vice President of Marketing for Tribune Publishing, overseeing all consumer marketing and circulation operations, both print and digital, as well as the company’s brand marketing, market research and events management. Joseph Schlitz, currently Senior Vice President of Marketing & Targeted Media for Chicago Tribune will assume the new role of Senior Vice President, Marketing & Targeted Media for Tribune Publishing, reporting to Bill and working closely with the marketing teams of all Tribune Publishing properties. 

Bill Adee, Emily Smith, and Barb Healy, will each take on expanded, companywide responsibilities for key dimensions of our digital strategy and operations. Led by Bill Adee, this new Tribune Publishing organization will be called Tribune Digital. 

Russ Newton, now Senior Vice President/Operations & Home Delivery for Los Angeles Times Media becomes Tribune Publishing’s Senior Vice President of Manufacturing. Bob Thomas, currently Vice President, Distribution Fulfillment, Chicago Tribune will lead companywide Distribution operations as Senior Vice President of Distribution. 

As announced earlier, John Bode, Chief Financial Officer of Tribune Publishing will head up the company’s finance, accounting, and investor relations functions. Gwen Murakami, now Senior Vice President of Human Resources at Los Angeles Times Media, will assume expanded duties as Executive Vice President of Human Resources for Tribune Publishing, reporting to John. 

Ghalib Kassam will continue in his role as Executive Vice President, Information Systems and Technology. 

While each new appointment is effective January 1, 2014, our new functional executives will be meeting with many of you across the company in the interim to help plan our work together for 2014 and beyond. 

As already announced, a number of positions will be eliminated around the company in order to allow for reinvestment in future growth. We assure you that each will be handled with respect, dignity, and assistance for the future. 

Please join us in congratulating our new executive team. We look forward to working together to build the Tribune Publishing Company of the future. 

Eddy and Tony

SOURCE: Brett Levy

Good News from the Los Angeles Times

From: Hartenstein, Eddy
Sent: Friday, November 15, 2013 5:37 PM
To: yyeditall
Subject: Re: Congratulations to Doyle McManus

Doyle,
Congratulations from all of us!
Richly deserved and nicely done!
eddy
---------------------------------------------------------------------
From: Horton, Sue
Sent: Friday, November 15, 2013 04:38 PM
To: yyeditall
Subject: Congratulations to Doyle McManus

To The Staff:

We’re pleased to announce that Times Washington columnist Doyle McManus, whose incisive writing about politics and world affairs graces the op-ed pages on Wednesdays and Sundays, will receive the 2013 Arthur Ross Award for distinguished commentary on foreign policy.

The award, given by the American Academy of Diplomacy, recognizes “reporting and analysis on diplomacy and foreign affairs that is making a singular contribution to public understanding of the critical role played by diplomacy in the furtherance of America’s foreign policy interests.”

Previous recipients include our own Barbara Demick, the late Anthony Shadid of The New York Times, and Jim Lehrer of PBS.

Doyle has reported for the Los Angeles Times from the Middle East, Iran and Central America; and served as the newspaper's State Department correspondent, White House correspondent and Washington bureau chief before becoming a columnist in 2009. His column is now syndicated nationwide.

He happens to be in Los Angeles today, so keep your eyes peeled, and you may have a chance to offer him much-deserved congratulations in person.

Sue Horton and Nick Goldberg

Another Los Angeles Times Editorial Departure

Karlene Goller is leaving the Times:

Colleagues –

It is with great regret that we announce the departure of one of The Times’ most valued executives: Karlene Goller.

During her 23 years here, Karlene has served seven editors and nine publishers, but her heart has always been in the newsroom, where two principles have guided her: compassion for her colleagues and a fierce determination to help reporters access information and publish. She has consistently used her keen eye for legal nuance and potential hurdles to rescue stories with suggestions that allowed us to get crucial news and information to our readers while protecting the institution. Some lawyers obstruct. Karlene publishes. As John Carroll once noted, she really is an editor with a law degree.

Many are the threats to news gathering and publishing. Fortunately for The Times, Karlene has defended our line for nearly a quarter century. She has bailed Times journalists out of jail and protected reporters and editors from lawsuits and harassment. She has gone up against local and federal agencies, judges and unions. She is almost certainly the only lawyer ever to prevail over the Los Angeles Archdiocese, the Coliseum Commission and the legal department at Bagram Air Field.

Karlene has also guided the paper’s lobbying efforts in Sacramento and, because of her, journalists at The Times and throughout California have greater ability to protect the identities of sources and greater access to public meetings and trials.

Finally, two achievements bear special note: During her tenure, The Times has never lost a libel case and its journalists saw fit to honor Karlene with a Times Editorial Award for her unflagging support of the newsroom’s mission – a rare instance of reporters paying homage to a lawyer.

Now she’s prepared to try something new. All of us will miss her. Happily, she has helped us hire her replacement and will be staying on for a transition period, so she won’t be leaving the building just yet. We will be announcing her successor soon.

In the meantime, please join us in wishing Karlene well.
eddy

Tuesday Night in the Blogosphere

Will Eddy Hartenstein be the last publisher of the Los Angeles Times?

In print, newspapers cut opinion - Pew Research Center

It’s 73rd Newspaper Appreciation Week - Tahoe Daily Tribune

Researchers identify most common forms of plagiarism - Poynter

At 125 Years, a Rechristening for The Herald Tribune - New York Times

The New York Times continues to struggle with advertising - All Things D

Stop Press: we need to save journalism, not newspapers - The Conversation

Oklahoman apologizes for reporting on county officials’ tax breaks - Romenesko

Newspapers: Nasty, brutish, and unfortunately not that short either - Paid Content

12 in Projo union take buyouts, including Harrop; layoffs loom - Eyewitness News

Newspaper executives struggle whether the news should be digital - Lompoc Record

Tribune Company Press Release

CHICAGO, Jan. 17, 2013—Tribune Company today announced that its Board of Directors has elected Bruce Karsh as Chairman of the Board and Peter Liguori as Chief Executive Officer. The appointments are effective immediately. The company also announced that former Chief Executive Officer Eddy Hartenstein will continue to serve as Publisher of the Los Angeles Times and CEO of the Los Angeles Times Media Group, and will act as special advisor to the Office of the CEO.

“The Board is very optimistic about Tribune’s future,” said Karsh. “The company is well-positioned across its markets and now has a strong balance sheet, significant liquidity and low debt, so there is a lot of opportunity ahead.”

Since 1995, Karsh has served as President and co-founder of Oaktree Capital Management, L.P., formerly Oaktree Capital Management, LLC, a Los Angeles-based investment management firm. Prior to co-founding Oaktree, Karsh was a Managing Director of the TCW Group and the portfolio manager of its Special Credits Funds for seven years.

“Peter is the ideal choice to be Tribune’s next Chief Executive Officer,” said Karsh. “He has the talent and experience to lead the company forward, and has a track record of success. The Board has every confidence in him.”

Liguori most recently served as Chief Operating Officer of Discovery Communications. Before joining Discovery in 2009, he served as Chairman of Entertainment for the Fox Broadcasting Company. Prior to assuming that position in 2005, Liguori was president and CEO of News Corp.’s FX Networks since 1998.

“Tribune is a great company with an incredible collection of media assets, iconic brands in major markets across the country, tremendous journalism, and very talented people,” said Liguori. “Collectively, the company’s digital operations, broadcast outlets and newspapers are some of the best in the country. In many ways, Tribune is like a 165-year old start-up—there is a lot to build upon.”

Liguori and the Board of Directors also thanked Hartenstein for his leadership of the company during its recently completed Chapter 11 process.

“Tribune was fortunate to have Eddy guiding it through bankruptcy—his commitment to keeping operations on track, the businesses focused and employees energized, was exactly what the company needed,” said Karsh. “I am very pleased that Eddy will be staying with Tribune and The Times.”
Hartenstein said, “I’m pleased that the Chapter 11 process is complete and we can all turn our full attention to growing our business and making this company as successful as possible.”

 SOURCE: Kevin Roderick

Eddy Hartenstein replaced as CEO of Tribune Company

From: Hartenstein, Eddy
Sent: Thursday, January 17, 2013 4:03 PM
Subject: Our Future


All -

It has been an honor and a privilege to represent you and Tribune Company as Chief Executive Officer these last eighteen months. Despite a difficult economy, a tough advertising environment and our recently completed Chapter 11 process, thanks to your smart, innovative work, our media businesses are in terrific shape. As I have said many times, you are Tribune’s greatest asset—I appreciate everything you’ve done to help us reach this point. Your efforts have positioned Tribune well for success in 2013 and beyond.

Please join me in giving Tribune’s new CEO, Peter Liguori, your full support. Peter’s talent, experience and energy are a perfect match for this company, and I look forward to working with him. As you may know by now, I will remain with Tribune as a member of the Board and a special advisor to the CEO, and as Publisher/CEO of the Los Angeles Times Media Group.

I am optimistic and excited about the future.

Thank you again.
eddy


SOURCE: Kevin Roderick

Tribune's New Board Members

Peter Liguori, former chief operating officer at Discovery Communications, expected to become Tribune Co. CEO. He earlier was chairman of entertainment for the Fox Broadcasting Co. and was president and CEO at News Corp.’s FX Networks. He also held jobs at HBO and in advertising at Ogilvy & Mather and Saatchi & Saatchi. 

Ross Levinsohn, former interim chief executive officer at Yahoo Inc. He previously was co-founder and managing director of Fuse Capital, an investment and strategic equity management firm focused on investing in digital media and communications companies. Levinsohn previously was president of News Corp.’s Fox Interactive Media. Levinsohn also held senior positions with AltaVista, CBS Sportsline, and HBO. 

Eddy Hartenstein, president and chief executive officer of Tribune Co. He also is publisher and chief executive officer of the Los Angeles Times. Former executive at Hughes Communications, which became satellite TV pioneer DirecTV, where he was chairman until 2004 when the company was sold to News Corp. 

Craig Jacobson, founding partner at the law firm Hansen, Jacobson, Teller, Hoberman, Newman, Warren, Richman, Rush and Kaller L.L.P. He has practiced entertainment law for 25 years.

 

Bruce Karsh, president and co-founder of Oaktree Capital Management LP, a Los Angeles-based investment management firm. He serves on the board of Charter Communications Inc. and Oaktree Capital Group LLC and is chairman of the investment management company for Duke University.

 

Ken Liang, managing director at Oaktree Capital Management LP, a Los Angeles-based investment management firm. Liang has worked with a number of Oaktree’s portfolio companies including Store Capital, Jackson Square Aviation, Tekni-Plex and Taylor Morrison.

 

Peter Murphy, founder of Wentworth Capital Management. He previously served as president, strategy and development of Caesars Entertainment. He was an operating partner at Apollo Global Management focused on media and entertainment investing and spent 18 years in executive roles at the Walt Disney Co.

Tribune Company Press Release

December 31, 2012
Emerges with Portfolio of Profitable Assets, Strong Liquidity and New Board of Directors

Tribune Company announced today that it has successfully emerged from its Chapter 11 restructuring process. The company’s plan of reorganization was confirmed by the U.S. Bankruptcy Court for the District of Delaware in July, and the Federal Communications Commission granted Tribune the necessary transfer applications and waivers in November. Tribune’s plan of reorganization officially became effective today, Dec. 31, 2012, and distributions to creditors have been initiated.

“Tribune emerges from the bankruptcy process as a multi-media company with a great mix of profitable assets, strong brands in major markets and a much-improved capital structure,” said Eddy Hartenstein, Tribune’s chief executive officer. “The company’s greatest asset, however, is its employees who, individually and collectively, have remained focused on serving our viewers, readers, advertisers and communities with a single-minded sense of purpose and dedication. I want to thank all our employees for their talent and effort throughout this four-year process.”

In connection with emergence, Tribune closed on a new $1.1 billion senior secured term loan and a new $300 million asset based revolving credit facility. The term loan will be used to fund certain required payments under the plan of reorganization, and the revolving credit facility will be used to fund ongoing operations.

In addition, Tribune’s pre-petition credit facilities and outstanding notes and debentures were cancelled and extinguished, and its pre-petition common stock was cancelled. Upon completion of all distributions under the plan of reorganization, Tribune will have issued to former creditors a mix of approximately 100 million shares of new class A common stock and new class B common stock and new warrants to purchase shares of new class A or class B common stock. Former creditors entitled to receive a distribution of Tribune’s new common stock or new warrants are encouraged to review the information and documents which will be posted to Tribune’s website at www.tribune.com relating to such securities, including Tribune’s Amended and Restated Certificate of Incorporation, Amended and Restated Bylaws, the warrant agreement setting forth the terms of the new warrants and other information, including FAQs with respect to distributions under the plan of reorganization.
“In accordance with our restructuring plan, Tribune’s subsidiary creditors and vendors are receiving payment in full—100% recovery of what they are owed,” said Hartenstein. “These long-term relationships are very important to the company and we are pleased to have successfully resolved these obligations.”

The company also announced its new Board of Directors, effective immediately: Bruce Karsh, Ken Liang, Peter Murphy, Ross Levinsohn, Craig A. Jacobson, Peter Liguori, and Eddy Hartenstein.

Tribune’s new Board of Directors will convene its first meeting in the next several weeks, at which time it will define the roles of its members, its committee structure, and designate and ratify the company’s executive officers. Chief executive officer Eddy Hartenstein will remain in his current role until that time.

# # #

Cautionary Statement Regarding Forward-Looking Statements
The information contained herein may include certain forward-looking statements. Forward-looking statements reflect various estimates and assumptions by Tribune Company and are subject to risks, trends and uncertainties that could cause actual results and achievements to differ materially from those expressed in such statements. Whether or not any such forward-looking statements are in fact achieved will depend upon future events, some of which are not within the control of Tribune Company. Readers are cautioned not to place undue reliance on such forward-looking statements. The words “believe,” “expect,” “anticipate,” “estimate,” “could,” “should,” “intend” and similar expressions generally identify forward-looking statements.

About Tribune Company

TRIBUNE is one of the country’s leading multimedia companies, operating businesses in publishing, digital and broadcasting. In publishing, Tribune’s leading daily newspapers include the Los Angeles Times, Chicago Tribune, The Baltimore Sun, Sun Sentinel (South Florida), Orlando Sentinel, Hartford Courant, The Morning Call and Daily Press. The company’s broadcasting group operates 23 television stations, WGN America on national cable, the national multicast network Antenna TV and Chicago’s WGN-AM. Popular news and information websites complement Tribune’s print and broadcast properties and extend the company’s nationwide audience.

SOURCE: Tribune Company

Eddy Hartenstein to Tribune Employees

From: Tribune Communications
Subject: Message from Eddy Hartenstein/Tribune Emergence from Chapter 11


Colleagues—

Tonight we issued the attached press release, announcing that Tribune will successfully emerge from the Chapter 11 reorganization process tomorrow, Dec. 31, 2012. The restructuring plan approved last July by the U.S. Bankruptcy Court for the District of Delaware will become effective at that time.
Tribune will emerge as a dynamic multi-media company with a great mix of profitable assets, powerful brands in major markets, sufficient liquidity for operations and investments and significantly less debt. In short, Tribune is far stronger than it was when we began the Chapter 11 process four years ago and, given the budget planning we’ve done, the company is well-positioned for success in 2013.

The press release also contains details about Tribune’s new Board of Directors, which will convene in the next several weeks, at which time it will define the roles of its members, its committee structure, and designate and ratify the company’s executive officers.

You can find additional information regarding our emergence and some Q&A related to employees on TribLink.

Once again, I want to thank you for your talent, effort and focus these last four years—I know it has been a challenging period. Throughout it all, you have been resilient, dedicated to serving the company, our customers and your fellow employees. You are what sets Tribune apart from our competitors.

Now, let’s get the new year off to a strong start. There is a lot of opportunity ahead.
eddy

SOURCE: LAObserved

Eddy Hartenstein Message to Los Angeles Times Employees

From: Hartenstein, Eddy
Sent: Thursday, December 01, 2011 5:18 PM
To: AllLosAngelesTimesEmployees
Subject: The Times 130th Anniversary: Looking Forward/Reflecting Back


Colleagues –

Sunday, December 4th marks The Times’130th anniversary. From 1881 to the present, we have carved out a powerful role as the voice of the region, chronicling the area’s growth from Wild West outpost to the metropolis millions now call home. Just as we helped shape Southern California’s history, we will be an integral part of the future.

This landmark occasion offers us an interesting vantage point to reflect on our accomplishments and to look towards The Times’ next 130+ years. We have much to rejoice about, including now reaching more readers than ever before, through all of our media. We also have much hard work to do to make certain that we continue as the vibrant, multimedia of choice for Southern California.

More details will follow each day next week, but please mark your calendars and join the party.

Monday, December 5th
Company-wide drawing to win $130 gift cards and Paid Days Off launches
7-10a.m.: Complimentary coffee, tea and beverages in the cafeteria
a.m. / p.m.: $1.30 breakfast and lunch specials in the cafeteria (will run throughout the week)

Tuesday, December 6th
1-3 p.m.: A special building-wide photo display and light refreshments in Chandler Auditorium
Note: attendance and timing will be staggered by department, more information will be provided by department heads

Wednesday, December 7th
2-3 p.m.: Spring Street food truck visit and sweets at Oly and CCN

Thursday, December 8th
2-3 p.m.: “Four Seasons of Yosemite: A Photographer’s Journey” book signing for employees with LAT photographer Mark Boster
Note: 33% discount on book purchase for employees / free LAT Travel bag with purchase of two or more books

Friday, December 9th
11:00 a.m.- 12 Noon / 2-3 p.m. Darrell Kunitomi will lead Times Tours

You make the difference and are the Los Angeles Times Media Group. Thank you for your dedication and continued commitment.

Eddy & Kathy