Content area
Full Text
Long-Term Agreement Covers 16 Markets, Including NY, LA and Chicago
CHICAGO, Jan. 24 /PRNewswire-FirstCall/ -- Tribune Company (NYSE: TRB) today announced that it agreed to affiliate 16 of its television stations with a new broadcast network, The CW, being launched by Warner Bros. Entertainment and CBS Corporation. The network will debut this fall and feature the best programs from The WB and UPN networks, both of which will cease operations in September 2006. Tribune stations in seven of the country's Top 10 television markets will affiliate with the new network, including stations in New York City, Los Angeles and Chicago.
"This agreement is a great step forward for our TV group," said Dennis FitzSimons, Tribune chairman and chief executive officer. "Our stations, the communities they serve, and Tribune shareholders will benefit from this long- term affiliation with a network powered by two large, successful studios owned by Time Warner and CBS Corporation."
Tribune owns and operates...