New Tribune Publishing CEO Jack Griffin Wants to Develop Company’s Marketing Arm
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Tribune Company has named Jack Griffin CEO of its publishing unit, the company said Thursday. His first day is April 14.
The publishing unit, which consists of eight newspapers including the Los Angeles Times and Chicago Tribune, was formed last July when Tribune announced its intention to spin off the papers into a separate public company. Mr. Griffin is now charged with leading this unit into and through the spinoff, which is expected mid-year.
In jettisoning the underperforming unit, Tribune can focus on its more lucrative broadcast properties. It’s a move others have made: Time Warner plans to spin off magazine unit Time Inc. in the second quarter of this year, and News Corp. split last year into a publishing company and an entertainment company.
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