8 Facts About Tribune Company

1. On November 20, 2013, Tribune Company announced it would cut 700 jobs in its newspaper operations, citing falling advertising revenue.

2. On July 10, 2013, Tribune Company announced that it would split into two companies, spinning off the newspapers that were part of its publishing division into a separate company.

3. On July 1, 2013, Tribune Company announced that it would purchase the 19 television stations owned by Local TV, LLC outright for $2.75 billion.

4. On July 13, 2012, the Tribune Company received approval of a reorganization plan to allow the company to emerge from Chapter 11 bankruptcy protection in a Delaware bankruptcy court.

5. In 2006, Tribune Company acquired the minority equity interest in AM New York, giving it full ownership of the newspaper.

6. In June 2000, Tribune Company acquired the Los Angeles-based Times Mirror Company in a US$8.3 billion merger transaction, the largest acquisition in the history of the newspaper industry, effectively doubling the size of Tribune's newspaper holdings.

7. In June 1998, Tribune Company entered into a trade deal with Emmis Communications to swap WQCD-FM to the latter company, in exchange for acquiring two Emmis-owned television stations.

8. In 1988, Tribune Company purchased five weekly papers based in Santa Clara County, California.