| 
Tribune
Company Statement on FCC Ruling in Hartford, CT
CHICAGO,
April 13, 2005 -- Tribune Company
today issued the following statement regarding the decision
of the Federal Communications Commission to grant the company
a temporary waiver of the newspaper/broadcast cross-ownership
rule as it pertains to Tribune’s ownership of WTXX-TV
and The Hartford Courant:
"Tribune is pleased that the FCC has granted its
request for a temporary waiver of the newspaper/broadcast
cross-ownership rule as it relates to its television station
WTXX-TV and The Hartford Courant until at least April 1,
2007.
We are also pleased that the commission
recognized Tribune’s
service to the public through its ownership of WTXX. The
ruling reads in part, ‘Tribune has delivered on every
public interest benefit it identified in its initial application
to acquire WTXX... Given Tribune’s record of enhanced
service to the public, and its stated plans to continue and
expand such service in the future, we expect that Tribune
will continue to invest in the station and expand programming
and services available to viewers.’
Tribune will share today’s FCC order
with the federal district court in Hartford tomorrow, as
the court considers Tribune’s compliance with the commission’s
media ownership rules."
:: :: ::
Tribune (NYSE: TRB) is one of
the country’s premier
media companies, operating businesses in broadcasting and
publishing. It reaches more than 80 percent of U.S. households
and is the only media organization with television stations,
newspapers and websites in the nation’s top three markets.
In publishing, Tribune operates 14 leading daily newspapers
including the Los Angeles Times, Chicago Tribune, Newsday
and Spanish-language Hoy, plus a wide range of targeted publications.
The company’s broadcasting group operates 26 television
stations; Superstation WGN on national cable; WGN-AM in Chicago;
and the Chicago Cubs baseball team. Popular news and information
websites complement Tribune’s print and broadcast properties
and extend the company’s nationwide audience.
|
