Friday, December 18, 2009
As most of the broadcasting industry knows, Randy Michaels was named chief executive at Tribune a couple of weeks ago, succeeding Sam Zell who stays on as chairman. Randy also got a seat on the Board. He has been with the company since it went private in 2007, and COO since May, 2008.
If anyone can steer Tribune out of chapter 11 and back into prosperity, Randy can. He has a platform which includes WGN radio, 23 TV stations, and more than 50 web sites. I hope that the Board and the banks turn him loose to do his thing. If so, don't bet against him.
Media Services Group