Close to four weeks ago we blogged about the Tribune’s sale of Newsday to Cablevision and at the time we didn’t allude to, at least not to a great extent, the publishing companies financial situation. In more recent news however, we see that the Tribune is looking to off load more of its media properties. According to a Tribune spokesperson, the publisher is looking to sell its Tribune Media Services (TMS) unity – a segment of the organization that aggregates and distributes news and entertainment to consumers via print, online and on-screen access. It is estimated that the TMS unit could go for as much as $200 million.
It seems to be a logical move for the Tribune Company to look to sell TMS as all indications of its mid-year 2007 activity led us to believe that the division could be costing the Tribune more than it bargained for.





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