Tribune Taps Peter Liguori To Be CEO, Eddy Hartenstein To Run LA Times, As Expected

This falls into the “as expected” category. We’ve known since November that Tribune was planning to offer the top job to Peter Liguori, who’s best known for his years as an executive at Fox and Discovery. Now that Tribune has emerged from bankruptcy protection, it’s widely believed that the company will focus on its broadcast properties which include 23 television stations as it tries to unload its fleet of newspapers which include the Los Angeles Times, Chicago Tribune, The Baltimore Sun and the Hartford Courant. Tribune Chairman Bruce Karsh, the co-founder of Oaktree Capital Management — a major stakeholder in the media company — calls Liguori “the ideal choice to be Tribune’s next Chief Executive Officer. He has the talent and experience to lead the company forward, and has a track record of success.” In a memo to staffers, Liguori said that he wants the broadcast properties to air “compelling, original programming and best-in-class local news.” And newspapers must provide readers with “the content they need and want, wherever they are and whenever they want it.” He looks to “accelerate our digital offerings and get paid for them” urging employees to do “more blogging, tweeting and recording to deepen our relationship with our audience.” He plans to meet with employees and urged them to “Please be candid and direct with me and I promise that I will actively listen to you….I am passionate about succeeding.  I know you are too.”

Eddy Hartenstein had run the LA Times before May 2011 when he was picked to run Tribune as it struggled with its bankruptcy problems. The former DirecTV chief says he is “pleased that the Chapter 11 process is complete and we can all turn our full attention to growing our business and making this company as successful as possible.”

Here’s today’s release: (more…)

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