Former TV exec Liguori named Tribune CEO - Dallas News | myFOXdfw.com

Former TV exec Liguori named Tribune CEO

Posted: Updated:

LOS ANGELES (AP) -- Former television executive Peter Liguori was named chief executive of Tribune Co., the media conglomerate that recently emerged from a four-year bankruptcy with its creditors in charge.

Liguori, most recently the chief operating officer of Discovery Communications Inc., replaces Eddy Hartenstein, who will continue to serve as publisher and CEO of the Los Angeles Times.

Bruce Karsh, the president of Oaktree Capital Management, was named chairman of the board.

Tribune owns or operates 23 TV stations and 12 newspapers, including the Los Angeles Times, Chicago Tribune and Baltimore Sun. A leveraged buyout in 2007 left with the company with $13 billion in debt and forced it to seek Chapter 11 bankruptcy protection in 2008. It emerged from Chapter 11 on Dec. 31.

Liguori told the Tribune he hopes to keep the newspapers but has a duty to hear offers from interested buyers.

Share Your Photos & Video

Powered by WorldNow

KDFW FOX 4
400 N. Griffin Street
Dallas, Texas 75202

Main Station Directory:
(214) 720-4444
News Fax:
(214) 720-3263 or (214) 720-3333

Didn't find what you were looking for?
All content © Copyright 2000 - 2014 Fox Television Stations, Inc. and Worldnow. All Rights Reserved.
Privacy Policy | Terms of Service | Ad Choices