Last updated: February 21, 2008 - 2:40am
A CLASH OF NEWSPAPER FAMILIES
[SOURCE: New York Times, AUTHOR: Richard Silkos]
Harry Chandler of The Los Angeles Times and Colonel Robert R. McCormick of The Chicago Tribune were both towering figures of newspaper publishing in the first half of the 20th century. And like many newspaper moguls, both created trusts to safeguard the papers they built and the causes they championed. Both wanted to extend their fortunes and influence down through the generations. But decades after their deaths, the Chandler and McCormick legacies have come into stark contrast on the board of the Tribune Company, the media giant that today publishes 11 daily newspapers, including The Times and The Tribune, and owns 26 television stations. At stake in the dispute is not just money, but possibly control over the company's direction.
http://www.nytimes.com/2006/06/14/business/media/14tribune.html
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* Local Moguls Express Interest in Buying L.A. Times
http://www.latimes.com/business/printedition/la-fi-tribune14jun14,1,6476891.story?coll=la-headlines-pe-business
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