Tribune Chief to Step Down as Newspaper Chain Goes Private
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CEO FitzSimonsâ decision comes on the eve of an $8.2 billion privatization deal and clears the way for real estate billionaire Samuel Zell to assume control.
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USA Today publisher Gannett Co Inc said on Thursday that the president of its newspaper division will retire in late May.
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Tribune Co. (TRB.N: Quote, Profile, Research) , the publisher of Newsday and Hoy which has been embroiled in a circulation scandal, said on Friday it would make more revisions to circulation
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MOSCOW -- The editor of Russia's prominent daily newspaper Izvestia said yesterday that he is stepping down in a dispute with his publisher over the paper's coverage of the school hostage standoff, including its publication of graphic pictures of wounded and dead children and other victims.
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The retailer's CEO steps down amid a shakeup in operations.
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Roger Alton, editor of the Observer for almost a decade, yesterday announced he would step down at the end of the year.
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CHICAGO -- Spanish-language daily Hoy -- owned by the Tribune Co. -- said on Thursday it is reducing its staff by 20 percent across the company.
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Federal Communications Commission Chairman Michael K. Powell plans to step down from the job he's held for four years, two agency officials said Friday.
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Tribune lowers its Q3 guidance, sending the whole media sector lower.
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CHICAGO  Â The Sam Zell era is about to begin at Tribune Co. The real estate billionaire and self-described "professional opportunist" was set to take the ailing newspaper and TV company private with the expected closing of his $8.2 billion buyout as soon as Thursday.
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E.W. Scripps Co. said on Tuesday it will shut down afternoon newspapers The Cincinnati Post and The Kentucky Post by the end of the year at the conclusion of a joint operating agreement.
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California newspaper heir Kevin McClatchy, who bought the Pittsburgh Pirates for approximately $90 million in 1996, will step down as the club's chief executive at the end of the season.
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Federal Communications Commission Chairman Michael K. Powell plans to step down, an agency official said Friday.
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Tribune Co.'s Newsday newspaper, which  got a new publisher in July after a circulation scandal, on  Tuesday replaced its top editor, Howard Schneider, who was in  the job for about a year.
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The chairman of Hewlett Packard is stepping down amid controversy over a probe into leaks at the firm.
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Helen Copley, former chairman of privately held newspaper chain the Copley Press and publisher of the San Diego Union-Tribune, has died at the age of 81, the newspaper said on Thursday.
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USA Today publisher Gannett Co Inc  said on Thursday that the president of its newspaper division  will retire in late May.