Dec 5, 2014
NEW YORK, Dec. 5, 2014 /PRNewswire/ -- Tribune Media Company (the "Company"; NYSE: TRCO) announced that its Class A common stock commences trading today on the New York Stock Exchange (the "NYSE") under the symbol "TRCO".
"The listing of our stock on the NYSE represents another important step in the transformation of Tribune Media," said Peter Liguori, Tribune Media's President and Chief Executive Officer. "We have built a compelling, diversified media company and are diligently executing the business strategies that we believe will drive profits and value for all of our constituents. We look forward to a long and collaborative partnership with our shareholders and with the NYSE."
Tribune Media Company (NYSE: TRCO) is home to a diverse portfolio of television and digital properties driven by quality news, entertainment and sports programming. Tribune Media is comprised of Tribune Broadcasting's 42 owned or operated local television stations reaching over 50 million households, national entertainment network WGN America, available in approximately 71 million households, Tribune Studios, and Gracenote, one of the world's leading sources of TV and music metadata powering electronic program guides in televisions, automobiles and mobile devices. Tribune Media also includes Chicago's WGN-AM, the national multicast networks Antenna TV and THIS TV. Additionally, the Company owns and manages a significant number of real estate properties across the U.S. and holds other strategic investments in media. For more information please visit www.tribunemedia.com.
Cautions Concerning Forward-Looking Statements
Certain disclosures in this press release include forward-looking statements, within the meaning of the federal securities laws that are based largely on Tribune Media Company's current expectations and reflect various estimates and assumptions by the Company. Forward-looking statements are subject to known and unknown risks and uncertainties, many of which may be beyond our control. These statements may be identified by words such as "may," "might," "will," "could" "should," "estimate," "project," "plan," "anticipate," "expect," "intend," "outlook," "seek," "designed," "assume," "implied," "believe" and similar expressions. Forward-looking statements are subject to certain risks, trends and uncertainties that could cause actual results and achievements to differ materially from those expressed in such forward-looking statements. Such risks, trends and uncertainties include those described under the heading "Risk Factors" in the Company's Registration Statement on Form 10 filed with the U.S. Securities and Exchange Commission on December 1, 2014, including the Company's expectations with respect to trading of the Company's Class A common stock on the NYSE. Any forward-looking statements in this press release should be evaluated in the light of these important risks and readers are cautioned not to place undue reliance on such forward-looking statements, which are being made as of the date of this press release. Except to the extent required by applicable law, the Company undertakes no obligation to update or revise any information contained in this press release beyond the published date, or for changes made to this press release by wire services, Internet service providers or other media, whether as a result of new information, future events or otherwise.
SOURCE Tribune Media Company
For further information: MEDIA CONTACT: Christa Robinson, Chief Communication Officer, 212/210-2794, firstname.lastname@example.org or INVESTOR CONTACT: Donna Granato, VP/Corporate Finance and Investor Relations, 212/210-2703, email@example.com