Outgoing Tribune CEO Peter Liguori didn’t comment on whether the company was in merger talks with the Sinclair. On his last call with analysts and investors he said he was “very bullish” about Tribune’s network affiliates’ getting carried on the virtual MVPDs; acknowledged that its stations’ core spot business was soft in December and January, but said Tribune is “highly encouraged” with the quickening pace of sales and predicted the company would meet its guidance for the year.
Peter Liguori, the company’s president since 2013, will leave that post and the board after the company’s next earnings report, expected in March. Board Chairman Bruce Karsh: “It became clear to Peter and the board that in this last year of his contract it was time to find a new CEO to run the more broadcast-centric company.”
The news that Tribune has hired firms to study “strategic and financial alternatives” doesn’t necessarily mean the storied broadcaster will sell off all its stations.That would be tough to do. Besides, Tribune has plenty of other assets it could sell to placate its large shareholders and boost its share value.
Tribune Media CEO Peter Liguori made $23 million in total compensation in 2014, according to a regulatory filing. That included a salary of nearly $1.6 million, up from nearly $1.5 million in 2013. He got no regular bonus in 2014 after getting $1.75 million in 2013. But his stock awards rose from $4.2 million to $8.4 million, and his option awards rose from $1.2 million to $11.55 million.
Tribune Media CEO Peter Liguori can’t wait for the 2016 presidential race to begin in earnest. Tribune’s TV stations raked in about $150 million-$155 million in political ad dollars during the 2012 presidential election cycle. “We’re going to crush that number in 2016,” Liguori told the crowd Monday at a Morgan Stanley investor conference in San Francisco.
In today’s earnings call with analysts, CEO Peter Liguori says over the next three-to-five years, it intends to turn WGN America into a “robust” cable network that includes 52 weeks of original programming encompassing four one-hour episode series such as the current Salem and Manhattan. He adds that “in general, we see over the top as a tremendous opportunity. We look forward to discussions with new entrants willing to pay fair market value for our content.”
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Peter Liguori, who led the historic transformation of Tribune Co. and emerged as chief executive officer of the newly named Tribune Media, made close to $1.5 million in salary and close to $7.3 million in bonuses and other compensation for a total of $8,757,914, according to a filing posted Monday on the Securities and Exchange Commission website.
Tribune CEO Peter Liguori is the network’s biggest affiliate owner, so the CW owners — CBS and Warner Bros. — have to take him seriously. And something will have to give based on the tough comments he made Thursday — the same day CW execs told advertisers, in their upfront presentation, that the network just attracted its largest audience in three years. Liguori says he’s “not pleased with where the CW is” adding that it “should not program to [young] people who don’t watch television.”
Two of the panel discussions at the NYC Television Week event focused on local TV. While the panel with Peter Liguori, president and CEO of Tribune Co., was held earlier than the lunchtime discussion with Valari Staab, president of NBC owned stations and Rebecca Campbell, president of ABC owned stations, much of the discussion revolved around the health of local stations.
Chicago media blogger Robert Feder stands by his report that Peter Liguori demanded $100 million in cuts by Dec. 1.
Tribune Co.’s $2.7 billion deal to buy 19 Local TV LLC stations sets the stage for a major battle over the retransmission fees cable and satellite operators pay to carry stations. Tribune CEO Peter Liguori opened a new front yesterday, making it known the company will be gunning for bigger licensing fees for its growing stable of network affiliates.
Television executive Peter Liguori was named the new chief executive of Tribune Co. Thursday, taking the reins of the reorganized Chicago-based media company weeks after its emergence from bankruptcy. Despite speculation by analysts and industry insiders that the company was unlikely to retain its full portfolio of TV stations and newspapers, Liguori says he is hoping to keep Tribune’s broadcasting and publishing businesses together under one roof.
Sharon Waxman in The Wrap: “With the Tribune Co. nearing the end of its interminable bankruptcy and Peter Liguori poised to become its new CEO, the question arises of what he will do with the reborn media company. From what my sources tell me, most likely he will oversee much of its dismantling.”
When Tribune Co. emerges from bankruptcy, the new owners plan to name television executive Peter Liguori as the company’s chief executive, according to sources familiar with the situation. Liguori is a former top TV executive at Fox and Discovery.
The Carlyle Group, one of the private equity entities with a stake in Nielsen, has hired former Fox and Discovery executive Peter Liguori in a consulting role.
Discovery Communications’ Peter Liguori, responsible for overseeing the new OWN network, is departing the company by the end of the year. Discovery says the COO position will be eliminated.
Jan. 19, 2012, would mark Peter Liguori’s second year anniversary at Discovery Communications but he may not be there to celebrate it. Deadline.com reports the veteran TV executive is considering leaving Discovery, where he serves as COO, before the end of the year.