Tribune Co. spun off its publishing business and will...
Tribune Co. spun off its publishing business and will now operate under the name Tribune Media Co., Tribune Media said in a news release Monday (http://bit.ly/1p5yUVA). The spinoff of Tribune’s publishing assets into Tribune Publishing Co. was disclosed last year, shortly after it agreed to buy Local TV’s TV stations (CD July 11/2013 p 7). That deal was approved by the FCC just before Christmas (CD Dec 23 p1). The broadcast assets acquired in that deal are now part of Tribune Media, which includes Tribune Broadcasting, Tribune Digital Ventures, Tribune Studios, WGN America and WGN Radio in Chicago, the company said.