Tribune Co. Compensation Expenses Fell $90 Million This Year

By: Andrew Beaujon | Poynter

Tribune Co. filed a form with the U.S. Securities and Exchange Commission Monday outlining its plans to spin off its publishing company. Tribune also owns TV stations, and separating its holdings this way “would enable Tribune Co. to offload its publishing assets while avoiding the large capital gains tax it would incur from an outright sale of the newspapers,” Robert Channick writes.