Tribune Media Company
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The Tribune Tower in Chicago is the headquarters of Tribune Media
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| Publicly traded company | |
| Traded as | : TRCO |
| Industry | Conglomerate |
| Founded |
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| Headquarters | Chicago, Illinois, U.S. |
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Key people
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| Products | Television, radio, television production, real estate |
| Revenue |
 US$3.18 billion (FY 2010) |
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Number of employees
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14,000 |
| Subsidiaries |
Tribune Broadcasting Gracenote |
| Website | www |
The Tribune Media Company, also known as Tribune Media and formerly known as the Tribune Company, is an American conglomerate that is headquartered in Chicago, Illinois, United States. A significant amount of the stock of publicly traded Tribune is held by three firms that were the company's senior debt holders: Oaktree Capital Management (which owns a 23% interest), Angelo, Gordon & Co. and JPMorgan Chase (which both own 9%).
Through Tribune Broadcasting, Tribune Media is one of the largest television broadcasting companies, owning 39 television stations across the United States and operating three additional stations through local marketing agreements; it also owns national basic cable channel/superstation WGN America, regional cable news channel Chicagoland Television (CLTV) and Chicago radio station WGN. Investment interests include the Food Network (which the company maintains a 31% ownership interest).
Prior to the August 2014 spin-off of the company's publishing division into Tribune Publishing, Tribune Media was the nation's second-largest newspaper publisher (behind the Gannett Company), with ten daily newspapers, including the Chicago Tribune, Los Angeles Times, Orlando Sentinel, Sun-Sentinel and The Baltimore Sun, and several commuter tabloids.
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Wikipedia