LOS ANGELES--(BUSINESS WIRE)--Tribune Publishing Company (NYSE: TPUB) today issued a statement from its Board of Directors on the future of Tribune Publishing’s California News Group:
“We are fully committed to our five-point transformation plan to create value for all shareholders and stakeholders alike, which we launched last year when Tribune Publishing became a publicly traded company. Our California News Group, which includes the Los Angeles Times and The San Diego Union-Tribune, is a cornerstone of our Company’s portfolio and a key component to our success in the future. Tribune Publishing is deeply committed to these world-class institutions, the communities of Southern California and all the other markets in which we operate. We affirm our confidence in the ability of Jack Griffin, Chief Executive Officer; Tim Ryan, Publisher & CEO of the California News Group; and the entire management team to execute our strategy, drive great journalism and create engaging and rewarding experiences for readers and marketing partners.”
About Tribune Publishing Company
Tribune Publishing Company (NYSE:TPUB) is a diversified media and marketing-solutions company that delivers innovative experiences for audiences and advertisers across all platforms. The company’s diverse portfolio of iconic news and information brands includes 11 award-winning major daily titles, more than 60 digital properties and more than 180 verticals in markets, including Los Angeles; San Diego; Chicago; South Florida; Orlando; Baltimore; Carroll County and Annapolis, Md.; Hartford, Conn.; Allentown, Pa.; and Newport News, Va. Tribune Publishing also offers an array of customized marketing solutions, and operates a number of niche products, including Hoy, El Sentinel and VidaLatina, making Tribune Publishing the country’s largest Spanish-language publisher. Tribune Publishing Company is headquartered in Chicago.