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Tribune news company bankrupt

Monday, December 8th, 2008

This is big.

The Tribune Co. is the country’s second-largest publisher of newspapers behind Gannett. (And following the break-up of Knight-Ridder.) The company owns some of the most venerated brand names in print journalism: the Chicago Tribune, Los Angeles Times, Baltimore Sun, Hartford Courant and Orlando Sentinel.

Like Atlanta-based Cox Enterprises, Tribune is heavily invested in broadcasting, with two dozens TV and radio stations across the country. But it also owns plenty of other things most publishing companies don’t mess with, such as a sport franchise (Chicago Cubs), a ball park (Wrigley Field) and a cable sports network.

This afternoon, the NYT reports that Tribune filed for Chapter 11 bankruptcy protection.

Morning newsdome: Clark Howard on Headline News; Cheap Gas; Doctors who Tweet

Monday, December 8th, 2008
Not going to city hall, hes going down the street to CNNs Headline News  (Image courtesy Clark Howard)

Not going to city hall, he's going down the street to CNN's Headline News (Image courtesy Clark Howard)

A heaping helping of news headlines from me exclusively to you; cuz that’s just how I aggregate…