Dissatisfied investors in the Tribune Company have forced the corporation to put itself on the auction block.
And the Tribune Company is hardly the only media group with angry shareholders.
Here to talk to us about what's going on with the Tribune Company is NPR's media correspondent David Folkenflik.
The Tribune Company also owns the Chicago Tribune, Newsday and eight other dailies, 26 television stations and the Chicago Cubs.
After four long years, the Tribune Company announced on December 31, that it had completed its restructuring process.
FORBES: Tribune Emerges from Bankruptcy, Will Likely Be a Smaller Company in 2013
Disclosure: NPR media correspondent David Folkenflik previously worked for The Baltimore Sun, which was purchased by the Tribune Company in 2000.
Perhaps similar results could be achieved by breaking up the Tribune Company?
Investigators say he tried to use state funds to persuade the Tribune Company to fire Chicago Tribune editorial board members critical of him.
The Tribune Company owns the Los Angeles Times, the Chicago Tribune, Baltimore Sun, and eight other daily newspapers, as well as the Chicago Cubs and more than 20 television stations.
As the Chandlers' letter witheringly points out, the Tribune Company consistently lags behind its media peers in the kind of things that investors find important: its share price, its revenues and its profits.
When the Tribune Company management begrudgingly put the company on the auction block at the behest of the Chandler family, they said they would not consider bids for individual parts of the company.
He is alleged to have identified himself on an internet chat forum as a former Tribune Company employee and then provided members of Anonymous with the login and password to the Tribune Company server.
It has, you know, well over 100 languages spoken widely there -very complex and yet the Tribune Company is asking the Times to cover that region and to cover the world with increasingly constrained resources.
Federal investigators also allege the two were trying to have Chicago Tribune editorial board members fired by leveraging state assistance to the parent company of the newspaper, the Tribune Company, in its sale of Wrigley Field.
According to the three-count indictment, Keys provided members of Anonymous with log-in credentials for a service belonging to The Tribune Company, the parent company of his then-former employer, Sacramento-based TV station KTXL Fox 40.
The Star-Tribune notes that company investigators have interviewed the 29-year-old woman connected to Dunn and that she has retained a lawyer.
Bids are in for the country's second-largest newspaper company, The Tribune.
Astonishingly, Abrams sent his email just days after a blockbuster New York Times story about the pervasiveness of sexual harassment and other bad behavior at Tribune since Sam Zell took over the company in 2007.
That is, they were the motivating force behind forcing Tribune management to solicit offers last year for the company.
The hacker allegedly told him that Tribune Company system administrators had locked him out.
The company owns the Chicago Tribune, the Cubs and Wrigley Field.
The publishing company is seen as a possible bidder for Tribune Co. newspapers including the Los Angeles Times, and it also continues to pour money into its fledgling for-profit education venture called Amplify.
Sam Zell wound up being the winner when he bought the paper as part of a wider acquisition of the U.S. media company Tribune.
This comes after the news yesterday that the debt-laden newspaper company and owner of LA Times and Chicago Tribune had hired investment bank Lazard and the law firm Sidley Austin to try and help in this process.
"Tribune's board of directors is focused on filing the company's plan of reorganization this Friday and has no comment on any other issue, " a Tribune spokesman said in a statement, declining to comment further on the meeting.
People familiar with the situation say Mr. Murdoch has long eyed titles such as the Los Angeles Times, whose parent company, Tribune Co.
WSJ: Rupert Murdoch Has Change of Heart on Publishing Business
The federal indictment accuses Keys of giving hackers the information they needed to access the computer system of Times' parent company, Tribune Co.
Department spokeswoman Alison Ritter told the Tribune that Helms has been in talks with the company and the National Park Service because of the sensitive location.
The New York Times reported in the Tuesday edition of its newspaper that Tribune's board had lost confidence in Mr. Michaels ability to run the company and was expected to ask for his resignation at its board meeting.
Over the past two weeks, the potential sale of Tribune Co. seemed headed for disappointment, as few suitors lined up for bids as the company's stated Jan. 17 deadline approached.
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