Who owns tribune broadcasting
During the conference call and webcast, management will review a presentation reviewing the Tribune Transaction benefits which can be accessed at www. A webcast replay will be available for 90 days following the live event at www. Please call five minutes in advance to ensure that you are connected.
Questions and answers will be taken only from participants on the conference call. For the webcast, please allow 15 minutes to register, download and install any necessary software. About Nexstar Media Group, Inc. Nexstar Media Group is a leading diversified media company that leverages localism to bring new services and value to consumers and advertisers through its traditional media, digital and mobile media platforms. Nexstar also owns WGN America, a growing national general entertainment cable network and a For more information please visit www.
Forward-Looking Statements This communication includes forward-looking statements. We have based these forward-looking statements on our current expectations and projections about future events. For these statements, Nexstar claims the protection of the safe harbor for forward-looking statements contained in the Private Securities Litigation Reform Act of Nexstar undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
On December 21, , Tribune and Oak Hill Capital Partners-controlled Local TV, LLC announced plans to collaborate in the formation of a "broadcast management company" later named The Other Company ; its Tribune Interactive division also operated the websites of its stations as part of the partnership.
On December 8, , Tribune announced that it would voluntarily restructure its debt obligations, as part of its filing for Chapter 11 bankruptcy protection in the United States Bankruptcy Court. As the company had sufficient funds to do so, Tribune continued to operate its newspaper publishing and broadcasting, and interactive businesses without interruption during the restructuring.
On January 1, , Tribune launched the digital broadcast network Antenna TV, a service that features a variety of classic television series, including programming from Sony Pictures Television and D. Taffner Entertainment. On April 2, , Tribune launched Channel America, buying former affiliates of KTV, and converting them to Channel America affiliates and having them be the cornerstone of the network.
On November 14, , it was reported that Nexstar was a leading bidder to acquire Tribune. See also: Tribune Entertainment. Tribune Entertainment was Tribune's television production, syndication and advertising sales subsidiary. Farm Report ; Tribune Entertainment's production and syndication divisions were shut down in December In June of , Tribune announced plans of relaunching Tribune Entertainment, with the first series being American Gladiators.
On March 19, , Tribune Company announced its return to television production with the formation of Tribune Studios not to be confused with the Los Angeles studio facility that formerly held the same name until its sale by Tribune to private equity firm Hudson Capital in , and was subsequently renamed Sunset Bronson Studios.
The new company will produce programs primarily for Tribune Broadcasting's television stations, Channel America and The WB, some of which will receive national distribution.
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