Back Tribune Publishing Czech Tronc (Unternehmen) German Tribune Publishing Spanish تریبون پابلیشینگ Persian Tribune Publishing French Tribune Publishing ID トリビューン・パブリッシング Japanese Tribune Publishing Portuguese Tribune Publishing Russian Tribune Publishing SIMPLE
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| Formerly | Tronc, Inc. (2016–2018) |
|---|---|
| Company type | Subsidiary |
| Nasdaq: TRNC (2017–2018) Nasdaq: TPCO (2018–2021) | |
| ISIN | US89609W1071 |
| Industry | Newspapers and commuter tabloids |
| Genre | Publishing |
| Founded | June 10, 1847 (original founding, as the Chicago Daily Tribune) August 4, 2014 (as Tribune Publishing Company) |
| Headquarters | Chicago, Illinois , U.S. |
Key people | |
| Revenue |  $983.1 million USD (2019) |
 $4.8 million USD (2019) | |
| Total assets | $682.3 million USD (2019) |
Number of employees | 4,114 (2019) |
| Parent | Tribune Company (1847–2014) Alden Global Capital (2021–present) |
| Website | www |
| Footnotes / references [1] | |
Tribune Publishing Company (briefly Tronc, Inc.)[2] is an American newspaper print and online media publishing company. The company, which was acquired by Alden Global Capital in May 2021, has a portfolio that includes the Chicago Tribune, the Orlando Sentinel, South Florida's Sun-Sentinel, The Virginian-Pilot, the Hartford Courant, additional titles in Pennsylvania and Virginia, syndication operations, and websites. It also publishes several local newspapers in its metropolitan regions, which are organized in subsidiary groups.
Incorporated in 1847 with the founding of the Chicago Tribune, Tribune Publishing operated as a division of the Tribune Company, a Chicago-based multimedia conglomerate, until it was spun off into a separate public company in August 2014.
The company confirmed its sale to hedge fund Alden Global Capital on May 21, 2021.[3][4][5] The transaction officially closed on May 25.[6][7] Prior to this acquisition, Tribune Publishing was the nation's third-largest newspaper publisher (behind Gannett and the McClatchy Company), with eleven daily newspapers and commuter tabloids throughout the United States. With the acquisition, Alden Global Capital became the second-largest newspaper publisher in the United States.[8]
- ^ "Tribune Publishing 2019 10K Filing". SEC EDGAR. Retrieved May 6, 2020.
- ^ "Tronc renames itself back to Tribune Publishing". Reuters. October 4, 2018. Retrieved October 4, 2018.
- ^ Folkenflik, David (May 21, 2021). "'Vulture' Fund Alden Global, Known For Slashing Newsrooms, Buys Tribune Papers". NPR. Retrieved May 21, 2021.
- ^ Chicago Tribune Staff (April 19, 2021). "Tribune Publishing ends discussions with Maryland hotel executive, moving forward with hedge fund Alden's bid for newspaper chain". Chicago Tribune. Retrieved April 20, 2021.
- ^ Tracy, Marc (February 16, 2021). "Hedge Fund Reaches a Deal to Buy Tribune Publishing". The New York Times. Retrieved February 17, 2021.
- ^ Roeder, David (May 26, 2021). "Chicago Tribune staff gets buyout offers as Alden takes over". Chicago Sun Times. Retrieved June 2, 2021.
- ^ Feder, Robert (May 21, 2021). "'Sad, sobering day' for Chicago Tribune as Alden wins takeover bid". Retrieved May 23, 2021.
- ^ Yoksoulian, Lois (June 2, 2021). "What does the Chicago Tribune sale mean for the future of newsrooms?". Illinois News Bureau. Retrieved June 2, 2021.