Tribune bankruptcy filing includes RedEye & ‘b’

The Tribune Company – suffering from huge debts after it was acquired a year ago with loaned money by real-estate mogul Sam Zell – filed for bankruptcy protection today.

Apart from baseball team The Chicago Cubs, TV stations in Chicago and Washington, paid papers Chicago Tribune, L.A. Times and the Baltimore Sun, also two free dailies belong to company. (Washington Post)

Free Chicago daily RedEye, calls itself “an edition” of the Chicago Tribune while free daily ‘b’ was launched in April of this year by the Baltimore Sun. The Chicago free is making money according to the company, but ‘b’ obviously is not.

In May New York paid paper Newsday and its free spin-off AM NewYork were already sold by the Tribune Company (see previous post).

One Response to “Tribune bankruptcy filing includes RedEye & ‘b’”

  1. Piet Bakker Says:

    and free Spanish language paper Hoy in Chicago and L.A.