Gannett raises offer for Tribune to roughly $864 million
USA Today and Indianapolis Star owner Gannett has boosted its takeover bid for Tribune Publishing Co. by about 22 percent.
Media & Marketing
Articles
More public schools raising funds through naming rights
An idea that started with professional sports teams and worked its way through colleges and universities has taken root in public schools around the United States.
NCAA asks U.S. Supreme Court to hear O’Bannon case
The NCAA is asking the U.S. Supreme Court to hear the case that successfully challenged the association's use of names, images and likenesses of college athletes without compensation.
WISH-TV news director to depart after year at station
Elbert Tucker said Friday he couldn’t pass up an opportunity to take the same position at a station in his home state of Tennessee.
Google to ban payday lending ads, calling industry ‘harmful’
Google said Wednesday it will no longer allow ads for loans due within 60 days and will also ban ads for loans where the interest rate is 36 percent or higher.
Tribune adopts shareholder rights plan to fend off Gannett
Fending off an unsolicited takeover by the owner of USA Today and The Indianapolis Star, Chicago’s Tribune Publishing has adopted shareholder rights plan, a so-called “poison pill.”
Salesforce as top tenant makes tower more marketable, expert says
With Salesforce.com establishing a 250,000-square-foot regional headquarters in the soon-to-be-christened Salesforce Tower Indianapolis, the building should become much more alluring when its owner shops it for sale.
Salesforce plans to hire 800, attach its name to downtown tower
The tech company on Friday is expected to announce its intention to add hundreds of workers and sign a naming-rights deal for the state’s tallest building.
Emmis plans reverse stock split ‘if necessary’ to remain listed on Nasdaq
Emmis received a letter from the stock exchange in December notifying the company that its stock had closed below its minimum $1-per-share requirement for 30 straight business days.
Nasdaq rules give Emmis 180 days, or until June 6, to get back in compliance.
Tribune Publishing rejects Gannett’s ‘opportunistic’ takeover bid
Gannett, publisher of USA Today and The Indianapolis Star, wanted to buy Tribune Publishing in a proposed deal valued at about $815 million.
University of Louisville students’ lawsuit against escort dismissed
A Louisville judge has dismissed a lawsuit by University of Louisville students filed against Katina Powell that said the escort’s book allegations of sex parties at the men’s basketball players’ dormitory had devalued their education.
Blogger Gary Welsh dies in apparent suicide
Welsh, 53, was found lying in a stairwell of the Lockerbie Glove Factory Lofts on Sunday morning with a gun next to him.
Despite expected sellout, Indy 500 won’t be televised live in local market
WRTV-TV Channel 6 for the first time will air the Indianapolis 500 twice. But neither of those telecasts will be live.
‘Bob & Tom Show’ reaches ratings crossroads
In the wake of two key departures in January, advertisers and radio stations nationwide are keeping a close watch on the ratings of “The Bob & Tom Show,”.
Pence argues email privacy ruling should apply to him, too
Gov. Mike Pence is using a recent Indiana Supreme Court decision over lawmaker emails to argue that he should not be required to release documents that have been deemed by law to be public records.
Time Warner Cable gets OK for $67B deal, with conditions
Federal regulators on Monday approved Charter’s $67 billion bid to buy Time Warner Cable and Bright House Networks, two companies that have about 240,000 customers in Indiana.
Gannett makes $815M bid for Tribune Publishing
The publisher of USA Today and the Indianapolis Star went public with an $815 million offer for Tribune, which owns the Chicago Tribune and Los Angeles Times.
IBJ wins 10 awards at state Excellence in Journalism contest
Among the winners were reporters Jared Council and Lou Harry, who won top honors for their work in business reporting and arts and entertainment coverage.
Candidates, PACs buy $850K in TV ads for presidential race here
Donald Trump, Ted Cruz and Bernie Sanders have bought TV time on Indianapolis stations. So have the Club for Growth, Our Principles and Trusted Leadership PACs.
Feds cite Fogle’s quest for teens for sex in appeal reply
A federal judge acted properly in sentencing former Subway pitchman Jared Fogle to more than 15 years in prison, prosecutors said in a response to his appeal in which they cited text messages illustrating his multiple efforts to find teenagers for sex.