Tribune Media

Tribune Media Company, known until 2014 as the Tribune Company, was an American multimedia conglomerate headquartered in Chicago. It traced its origin to the Chicago Daily Tribune, first published on June 10, 1847, and grew from newspaper publishing into radio with WGN in the 1920s and into television from 1948. After it spun its newspapers off as Tribune Publishing in August 2014 it was chiefly a television group, owning 39 stations across the United States, the superstation WGN America and a 31 percent share of the Food Network. Sam Zell's leveraged buyout took the company private in December 2007, and its bankruptcy the next year was the largest in the history of the American media industry; it emerged in December 2012. Its stock began trading on the New York Stock Exchange in December 2014, and in 2019 it was merged into Nexstar Media Group in what was described as the largest broadcast merger in U.S. history.