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At the turn of the 21st century, the Tribune underwent a series of leadership changes and began to venture into new initiatives, including a free tabloid edition, RedEye (2002), which was geared toward younger readers.
The fourth television station acquired was KPLR-TV in St Louis, which was purchased for $200 million in March 2003.
Tribune Publishing also attempted to reach young adults, many of whom were not regular readers of traditional newspapers, through commuter tabloid publications RedEye (Chicago) and amNewYork, both of which debuted in 2003.
At the end of 2003 Madigan retired from the company after a 28-year career, as FitzSimons took on the chairmanship as well.
For years the Tribune formed the basis of the Tribune Company (later Tribune Media). However, in 2014 the company’s publishing division was spun off, and the Tribune became a subsidiary of the newly formed venture, Tronc, Inc.
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| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| Los Angeles Times | 1881 | $780.0M | 2,052 | 3 |
| Gannett | 1906 | $3.2B | 21,255 | 157 |
| Los Angeles Daily News | 1911 | $5.2M | 125 | - |
| Boston Herald | 1846 | $56.0M | 811 | - |
| Beats | - | $1.5B | 25 | - |
| The Asylum | 1997 | $790,000 | 50 | - |
| The Second City | 1959 | $21.4M | 520 | - |
| Left Right | 2005 | $8.0M | 175 | - |
| Santa Fe New Mexican | 1849 | $42.0M | 750 | - |
| The Onion | 1988 | $2.7M | 17 | - |
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