17 November 2012 9:24 AM, PST | Deadline TV | See recent Deadline TV news »

Former News Corp and Discovery Communications executive Peter Liguori is expected to be appointed CEO of Tribune now that the FCC approved the transfer of TV and radio licenses to the company’s new owners. The 24 licenses were the last hurdle for Tribune in emerging from bankruptcy. Liguori was selected by Tribune’s new owners, a creditors group led by Oaktree Capital, Gordon & Company and J.P. Morgan Chase, according to a report in the Wall Street Journal. Formal appointment of Liguori, currently an advisor to Carlyle Group, is expected to take place once Chicago-based Tribune emerges from bankruptcy and a new board is in place. Current Tribune CEO Eddy Hartenstein said the company expects to emerge from Chapter 11 “over the next several weeks”. Liguori’s experience at Fox’s FX Network, Fox Broadcasting and Discovery signals TV’s significance for Tribune’s future. Tribune’s 10 newspapers include the Los Angeles Times and Chicago Tribune, »

- THE DEADLINE TEAM

Report a problem



Similar News Items

Rupert Murdoch
Discovery Communications [us]
FX Network [us]


IMDb.com, Inc. takes no responsibility for the content or accuracy of the above news articles, Tweets, or blog posts. This content is published for the entertainment of our users only. The news articles, Tweets, and blog posts do not represent IMDb's opinions nor can we guarantee that the reporting therein is completely factual. Please visit the source responsible for the item in question to report any concerns you may have regarding content or accuracy.

See our NewsDesk partners