The Latest on the Trib's Possible Sale

[vance_the_cubs_fan]

Link.

 

But other people with knowledge of management's thinking have said that the goal would likely be to take the company's newspapers private while spinning off the television stations and possibly the Cubs.

[vance_the_cubs_fan]

The NY Post also weighs in.

 

Link.

 

A special committee appointed by Tribune is expected to meet for the second time today to consider the company's future.

 

In addition to the Chandler offer, Tribune received a complex recapitalization proposal from West Coast billionaires Eli Broad and Ron Burkle and a bid for Tribune's TV assets by private-equity giant the Carlyle Group.

 

The company may reject the offers and come up with a proposal of its own.

 

But with the threat of a proxy battle, the company is expected to come up with a significant transaction, such as a spin-off of its TV business and the payout of a massive dividend to appease investors.

[Coach C]

Okay, help out this out-of-towner a few things.

 

Does the Trib own WGN, or does WGN has nothing to do with the Trib?

 

Secondly, supposely that the Trib does sell the Cubs, what would happen in terms of the Cubs/WGN baseball broadcast?

 

Thanks in advance.

[vance_the_cubs_fan]

Okay, help out this out-of-towner a few things.

 

Does the Trib own WGN, or does WGN has nothing to do with the Trib?

 

Secondly, supposely that the Trib does sell the Cubs, what would happen in terms of the Cubs/WGN baseball broadcast?

 

Thanks in advance.

 

Yes, the Trib owns WGN. As far as a sale and Cubs broadcasts on WGN, who knows? A lot depends on whether the Trib is sold together or as parts. Also, just because the Trib might retain ownership of both the Cubs and WGN doesn't mean they won't find it more profitable to sell the Cubs rights to other networks.

[Coach C]

Okay, help out this out-of-towner a few things.

 

Does the Trib own WGN, or does WGN has nothing to do with the Trib?

 

Secondly, supposely that the Trib does sell the Cubs, what would happen in terms of the Cubs/WGN baseball broadcast?

 

Thanks in advance.

 

Yes, the Trib owns WGN. As far as a sale and Cubs broadcasts on WGN, who knows? A lot depends on whether the Trib is sold together or as parts. Also, just because the Trib might retain ownership of both the Cubs and WGN doesn't mean they won't find it more profitable to sell the Cubs rights to other networks.

 

That's what I thought. I thought that the Trib owned WGN, but I wasn't 100% sure.

 

I guessing what most out-of-towners fears are, is that if the Trib sold the Cubs, but keep WGN (or the other way around),then more than likely the Cubs playing on WGN could be over?

 

I don't know what'll happen or what could happen, but I'm just trying to get a grasp of how things could possibly work, given the situation if the Trib does sell off one of the two, since I don't follow the situation closely.

[nilodnayr]

Okay, help out this out-of-towner a few things.

 

Does the Trib own WGN, or does WGN has nothing to do with the Trib?

 

Secondly, supposely that the Trib does sell the Cubs, what would happen in terms of the Cubs/WGN baseball broadcast?

 

Thanks in advance.

 

Yes, the Trib owns WGN. As far as a sale and Cubs broadcasts on WGN, who knows? A lot depends on whether the Trib is sold together or as parts. Also, just because the Trib might retain ownership of both the Cubs and WGN doesn't mean they won't find it more profitable to sell the Cubs rights to other networks.

 

That's what I thought. I thought that the Trib owned WGN, but I wasn't 100% sure.

 

I guessing what most out-of-towners fears are, is that if the Trib sold the Cubs, but keep WGN (or the other way around),then more than likely the Cubs playing on WGN could be over?

 

I don't know what'll happen or what could happen, but I'm just trying to get a grasp of how things could possibly work, given the situation if the Trib does sell off one of the two, since I don't follow the situation closely.

 

I'm guessing that even if they were separate entities the cubs and WGN could come to a mutually beneficial arrangement. The cubs depend on WGN for a national following, and if the cubs are decent, WGN depends on the cubs for viewership.

[J.R.]

WGN shows so few games anymore, it's to the point that it's not worth worrying about. MLBEI or MLB.tv are a must for anyone who got used to seeing 150+ games back in the day.

[hawkcub]

WGN shows so few games anymore, it's to the point that it's not worth worrying about. MLBEI or MLB.tv are a must for anyone who got used to seeing 150+ games back in the day.

 

That's a slight exaggeration. WGN still shows 60+ games. Granted this isn't like the past but it's still worth worrying about.