The former Fox Broadcasting president and Discovery Communications COO is a “leading candidate” to become Tribune‘s CEO after it emerges from bankruptcy, Reuters says. The wire service, citing two unnamed sources “close to the situation,” says that talks are in the late stages but could still fall apart. Peter Liguori would replace Eddy Hartenstein, who has been CEO of the newspaper and broadcast company since May 2011. But several things have to happen before Liguori could come aboard. Tribune needs FCC approval to transfer its 24 TV and radio station licenses to new owners before it can emerge from bankruptcy. The company has to assemble a new board of directors. Reuters also says that Liguori would have to be approved by Tribune’s biggest creditors: Oaktree Capital Management, JPMorgan Chase, and Angelo, Gordon & Co. Liguori left Discovery late last year after briefly stepping in to run its OWN joint venture with Oprah Winfrey. Since then he has joined the boards of Yahoo and MGM and agreed to consult for the Carlyle Group.
Peter Liguori In Talks To Run Tribune: Reuters
What's Hot on Deadline
'Me And Earl And The Dying Girl' Takes Top Dramatic Honors At Sundance; Is It The Next 'Whiplash'? - Winners List
ADG Awards: 'Birdman', 'Grand Budapest Hotel', & 'Guardians' Take Top Film Prizes - 'Game Of Thrones', 'True Detective Among TV Winners
More From Lieberman
- Why Wall Street Remains Wary About Viacom
- Are Advertisers Getting Ready To Leave The Super Bowl Party?
- Univision Extends CEO Randy Falco’s Contract To 2018
- Nickelodeon Developing A Direct-To-Consumer Subscription Service
- Viacom Q4 Revenues Miss Expectations With 6% Drop In U.S. Ad Sales
- NBC (Finally) Sells Out Super Bowl Ad Inventory