Tribune Sells Remaining 5% Of Chicago Cubs

Tribune Media Co. and the Chicago Cubs announced Friday that Chicago Entertainment Ventures, the Cubs’ parent company, has completed the purchase of Tribune’s remaining 5% membership interests in Chicago Entertainment Ventures.

The transaction occurred pursuant to the exercise of a purchase right under the parties’ agreements and concludes Tribune’s ownership interest in the Cubs and their affiliates.

Terms of the deal were not announced.

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[email protected] says:

January 25, 2019 at 11:02 pm

I wonder if that means no more Cubs on WGN after 2019 season the Cubs haven’t been on WGN America for years now as they don’t air sports anymore when it was a Superstation.

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