Tribune Eyes Expense Cuts in Newspaper Unit
Posted: 9/30/2013 | By: Roger Yu | USA TODAY
Tribune Co., which owns the Los Angeles Times, Chicago Tribune and seven other daily newspapers, is reviewing possible cost cuts in its print publishing division.
trying to determine how to put our publishing businesses on the best
possible footing for the long term, to make them as strong as possible,"
said company spokesman Gary Weitman in a statement.
issued the statement after a Chicago media blog reported that Tribune
CEO Peter Liguori has directed the vice presidents in the publishing
unit to look for ways to save $100 million.