Monday, July 21, 2014

Tribune Newspapers

Now that the Tribune newspapers have spun off, what are they worth? According to one analyst, $635 million.

And don't worry about Rupert Murdoch buying them either. For one thing, he's a little busy trying to buy a much bigger media conglomerate (Time Warner). For another, there are still laws in place preventing him from doing it (because he owns television stations in both Chicago and Los Angeles). And people say regulation is a bad thing.