If you're from L.A., the Tribune Company has probably played some kind of role in how you get the news. Tribune owns the L.A. Times, several other local newspapers and KTLA channel 5, and outside of California, it owns dozens other television stations and newspapers including the Chicago Tribune.
But now the Tribune is expected to sell some of its assets. The company just emerged from bankruptcy on New Year's Eve, in fact. Media analysts predict it will try to streamline its business.
Joining us now is Andrea Murphy who covers privately-held companies for Forbes.