Tribune Publishing Company

Tribune Publishing Company

TPCO
Tribune Publishing CompanyUS flagNASDAQ Global Market
17.26
USD
+0.07
- -
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Capital Structure

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Working Capital

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Growth Rates

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Quarterly Revenue

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Quarterly Earnings Per Share

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Quarterly Dividends Per Share

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Company Description

APIChat
CEO
Terry Jimenez
Full Time Employees
2,865
Sector
Communication Services
Industry
Publishing
Address
435 N Michigan Ave Chicago IL United States of America 60601
IPO Date
Jul 24, 2014
Business
Tribune Publishing Company (TPCO) operates as a diversified newspaper print and digital media publishing company owned by Alden Global Capital. The company publishes daily newspapers including the Chicago Tribune, Orlando Sentinel, Sun-Sentinel, The Virginian-Pilot, Hartford Courant, Daily Press, and The Morning Call; weekly and community newspapers such as those under Pioneer Press in Chicago suburbs, Boca Times, and Gateway Gazette in Florida; niche publications and magazines like Chicago Magazine, Hartford Magazine, and South Florida Parenting; commuter tabloids via Tribune News Service; and digital platforms including The Daily Meal, The Active Times, and Metromix. It provides syndication through Tribune Content Agency to over 2,000 media outlets in nearly 70 countries and offers integrated marketing services such as digital advertising via Adtaxi, mobile websites, search engine optimization, social media management, and content marketing targeted at local and national businesses serving small to medium-sized enterprises. Tribune Publishing conducts operations across key U.S. markets in Illinois, Florida, Virginia, Connecticut, and Pennsylvania from its headquarters at 160 North Stetson Avenue in Chicago, Illinois, where it was founded in 1847. In recent developments, the company sold The Baltimore Sun to David D. Smith of Sinclair Broadcast Group in January 2024 and closed its Freedom Center printing plant in Chicago in February 2024, laying off about 200 employees while shifting printing to the Paddock Printing Center in Schaumburg acquired by an Alden subsidiary in May 2023. Previously acquired by Alden Global Capital for $635 million in May 2021, Tribune Publishing reverted its name from tronc in October 2018 and maintains a portfolio serving over 47 million monthly readers through multi-platform content focused on local news, sports, entertainment, business, and real estate.

Company News

APIChat
  • Chicago Tribune, 6 other newsrooms begin 24-hour strike against Alden: ‘Full of so much greed'

  • L.A. Times owner sells San Diego Union-Tribune to hedge fund Alden Global Capital

  • Tribune shareholders approve sale of newspapers to Alden

  • Battle For Tribune Publishing Ends In A Whimper For Hedge Fund Alden Global

  • Tribune Publishing Stockholders Approve Proposed Merger with Alden Global Capital

  • US hedge fund wins deal for Tribune Publishing newspaper chain

  • NY Daily News parent Tribune approves takeover by Alden Global

  • Hedge Fund Buys Tribune Publishing Company For $633M

  • Tribune says Swiss billionaire Wyss walks away from buyout bid

  • Tribune Publishing Special Committee Determines April 1 Proposal From Stewart Bainum and Hansjörg Wyss No Longer Reasonably Expected to Lead to a "Superior Proposal"

  • Hotel exec seeks new financing for Tribune after partner drops bid

  • Swiss billionaire Wyss decides to drop out of bid for Tribune - Bloomberg, NYT

  • Due diligence underway for all of Tribune, as Hartford group forms to buy Courant

  • What To Know About Tribune Publishing's New $680M Acquisition Bid

  • Tribune board will consider $680M bid after approving lower offer

  • Tribune Publishing Special Committee Determines Revised, Non-Binding Proposal From Stewart Bainum and Hansjörg Wyss Would Reasonably Be Expected to Lead to a "Superior Proposal"

  • The Wall Street Journal: Rival group makes bid for Tribune Publishing that's superior to Alden's

  • Tribune Publishing, owner of NY Daily News, backs Alden Global's bid despite higher offer

  • Hotel Exec Stewart W. Bainum Jr. Seeks To Buy Tribune Publishing

  • Tribune Publishing Reports Fourth Quarter and Full-Year 2020 Results