Potential Tribune Co. Newspaper Sale Complicated by Digital Assets

Like & Share E&P:
RSS
Follow by Email
Facebook
Facebook
Google+
http://www.editorandpublisher.com/news/potential-tribune-co-newspaper-sale-complicated-by-digital-assets/
LinkedIn

By: Chicago Business Journal

Though it’s long been understood that Tribune Co. is trying to sell newspaper properties in order to concentrate on its digital and broadcast outlets, there may be a major obstacle to any sale.

According to Crain’s Chicago, Tribune has ownership stakes in two classified-advertising companies, CareerBuilder and Classified Ventures, which have revenue agreements with some of Tribune’s newspapers that could be altered upon a sale. That, in turn, Crain’s said, could drastically affect the sale prices for those newspapers.

Comments:

Your email address will not be published. Required fields are marked *