Judge to Approve Tribune’s Exit from Bankruptcy; Oaktree Capital Plays Major Role. The private equity firm that also backs Townsquare Media and Dial Global will be part of a group of creditors that will bring Tribune Company out of bankruptcy pending the revision of some of the reorganization plans. Judge Kevin Carey overruled the objections of some of Tribune’s creditors in approving the deal to end the bankruptcy protection that began three-and-a-half years ago and the emergence from which is expected to take several months. Also involved are JP Morgan Chase & Co. and Angelo Gordon & Co. There had been speculation that the company may be broken apart, with the publishing arm separated from the broadcasting division that owns 23 television stations and its lone radio property – WGN, Chicago – but that remains speculation as there does not appear to be a plan to sell anything just yet. The FCC must still approve the transfer of the TV and radio licenses.
Public Radio’s “The Takeaway” Ends Morning Drive Run in September. The show that was designed to be a younger-skewing alternative to NPR’s “Morning Edition” will move out of the AM drive daypart, trim down to one hour and be heard in the mid-mornings beginning in September. The show is a collaboration between WNYC, New York and Public Radio International. According to The Current, the show – hosted by John Hockenberry and Celeste Headlee – has 55 affiliate stations with another 15 carrying it on digital multi-cast channels. Due to the fact that it’s live and produced in New York, the show has had a tough time getting West Coast affiliates because it doesn’t seem as fresh several hours later. Beginning September 3, the one-hour version of the show will feed live at 9:00 am ET.
ESPN Radio’s Mike & Mike Debut Weekly NFL Show on ESPN. The morning drive duo of Mike Greenberg and Mike Golic (whose radio network show is also simulcast on ESPN2) will host a weekly football show for ESPN beginning Tuesday, September 11 at 3:00 pm ET called, “Mike & Mike’s Best of the NFL.” It’s a 30-minute program that features highlights from the previous week’s NFL games. ESPN says the duo will “count down the top passes, runs, catches, blocks, defensive plays and other categories from around the league. The show will offer footage that NFL fans have not seen in other highlight packages throughout the weekend.”
Odds ‘n’ Sods. Talk show host Joe Crummey (WABC, KFI, KABC, KFYI) sits in for Cumulus Media’s Geraldo Rivera on KABC, Los Angeles both this week and next. He’ll do it from New York next week as he’s also filling in for the WABC, New York show (Geraldo’s heard on both stations) July 23-25…..Shawn Wheat takes an anchor/reporter post with Morris Communications’ KIBW, Topeka and the Kansas Information Network.
Former Opie & Anthony Show Executuve Producer Steve Carlisi Dies. There are not a lot of details about the passing of Steve Carlisi, but the former executive producer of SiriusXM’s Opie & Anthony show is dead, leaving behind a wife and son. Carlisi was let go by SiriusXM from his producer role in 2010 in a round of budget cuts. Most recently he had worked at Shamrock Communications’ WEZX, Wilkes Barre/Scranton. He also served as a producer for the Danny Bonaduce show when it aired at WYSP, Philadelphia.