The Chicago Tribune is a daily newspaper in Chicago, Illinois, USA covering local news, sports, business, politics and community events.
The newspaper is published seven days a week.
It is one of the best American media outlets, according to Mondo Times members.
Founded in 1847, the Chicago Tribune is the principal daily newspaper in the city of Chicago and much of the midwestern United States, and one of the largest daily newspapers in the nation. Often called "The Trib," it was the starting point of the Tribune Company which in 2014, after years of mismanagement, was split into two independent businesses -- Tribune Publishing Company to publish newspapers and Tribune Media Company to operate local TV stations.
On May 21, 2021, Tribune Publishing Company shareholders approved the sale of the company to hedge fund Alden Global Capital for $633 million. The owner of MediaNews Group, Alden is a major player in American newspaper publishing and invests mainly in distressed financial assets.
The Chicago Tribune is still remembered for publishing the wrong headline and story -- "Dewey Defeats Truman" -- about the 1948 presidential election. Democrat Harry S. Truman was the underdog in the race but won the election, and was delighted to hold up a copy of the paper for one of the most famous photos in American political history. The same front page included made-up results for the election as the polls had not yet closed.
Circulation estimate: 238,000
The Chicago Tribune is one of the highest circulation newspapers in the USA.
This newspaper is owned by Tribune Publishing Company.
For Chicago Tribune contact information, see the Illinois news media contacts at EasyMediaList.com.
Very Good (15 votes)A Vulture Capitalist Walks Into a Newsroom... The Lure of Clickbait: When Newspapers Write Bad Headlines Chicago Tribune and Tribune Company Sold to Alden Global Capital Tribune Publishing Agrees to Sale to Alden Global Capital
Colin McMahon Replaces Bruce Dold as Chicago Tribune Editor-in-Chief
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-- ...and sees that the newspaper business is a declining industry where costs can be cut and assets sold to generate profits for investors. That's the business model "vulture capitalists" like Randall Smith and Heath Freeman, the co-founders of Alden Global Capital, are executing at the Chicago Tribune and many other papers. McKay Coppins takes a long look at the perps and vics in A Secretive Hedge Fund Is Gutting Newsrooms, published by The Atlantic on October 14, 2021.
Posted by Mondo Times editors, Boulder, Colorado USA, October 26, 2021
-- Macedonian teenagers know how to write clickbait and Facebook is almost always eager to promote it. Now American journalists are catching up, with some strange and problematic results. See what happens when a misleading Chicago Tribune headline is hyped by Facebook, exposing 54 million Facebook users to vaccine misinformation.
Joshua Benton wrote at Nieman Lab on August 24, 2021:
Facebook sent a ton of traffic to a Chicago Tribune story. So why is everyone mad at them?
Posted by Mondo Times editors, Boulder, Colorado USA, September 7, 2021
-- On May 21, 2021, Tribune Publishing Company shareholders approved the sale of the company to hedge fund Alden Global Capital for $633 million. Chicago Sun-Times reporter Andy Grimm recently called Alden "the worst of a class of owners who regard newspapers as assets to be stripped."
Posted by Mondo Times editors, Boulder, Colorado USA, May 21, 2021
-- February 16, 2021: Hedge fund Alden Global Capital will pay about $430 million to buy the shares of Tribune Publishing Company it doesn't already own. Tribune publishes the Chicago Tribune, New York Daily News and many others.
Alden owns MediaNews Group and is known for slashing newspaper expenses to maintain cash flow, sending product quality into a downward spiral. In November, 2019 Alden bought 25%...
-- February 27, 2020: Tribune Publishing Company said today that Bruce Dold, who has been publisher and editor-in-chief of the Chicago Tribune since February 2016, has been replaced as EIC by Colin McMahon, the company's chief content officer. Dold has had a 42-year career at the Tribune.
Also leaving is Peter Kendall, who has been a Chicago Tribune managing editor since January 2015.
The Chicago Tribune staff...Also in Illinois...
Local news media in Chicago, Illinois
Illinois local news media
Chicago Tribune newspaper website