Blow for Tribune Co.

The Bush Administration won't appeal a court ruling throwing out new FCC rules that would have made it legal for media giants to own TV stations and newspapers in the same city. Tribune and other companies still plan to ask the Supreme Court to intervene, "but without government support their odds of persuading the court to hear the case are remote," a Chicago Tribune story today says. Tribune needs the new rules, or a federal exemption, in order to hang on to both KTLA Channel 5 and the Times. It also has ownership conflicts in New York, Hartford and South Florida. Editor & Publisher, LAT and New York Times carry stories as well.

Also Friday: Tribune earnings plunged 35% this quarter, though the fall was expected. Revenue from its newspapers was up 1%, "but the company said circulation revenues were down 6%, mainly due to declines in Los Angeles and New York." (E&P)


More by Kevin Roderick:
Ralph Lawler of the Clippers and the age of Aquarius
Riding the Expo Line to USC 'just magical'
Last bastion of free parking? Loyola Marymount to charge students
Matt Kemp, Dodgers and Kings start big weekend the right way
LA Times writers revisit their '92 riots observations
Recent LAT stories on LA Observed:
LA Times writers revisit their '92 riots observations
Los Angeles more worldly since '92, LA Times 'more insular'
More recommended media coverage of the riots
Fiction does have a winner at LA Times Book Prizes
LA Times geography throws USC a curve
Previous story: Black Clock #2

Next story: Life in the hover zone

New at LA Observed
Follow us on Twitter

On the Media Page
Go to Media
On the Politics Page
Go to Politics

LA Biz Observed
Arts and culture

Sign up for daily email from LA Observed

Enter your email address:

Delivered by FeedBurner


Advertisement
LA Observed on Twitter and Facebook