10 July 2013, 16:43

Tribune Co to split broadcast, publishing arms

газета газеты пресса

The Tribune Company announced plans Wednesday to split off its struggling newspaper division into a new company, separate from its growing television station holdings.

One week after announcing a $2.7 billion deal to buy 19 local television stations, Chicago-based Tribune said splitting into two distinct companies would give each "greater financial and operational focus."

Voice of Russia, AFP

  •  
    and share via