Zell could sell iconic Los Angeles Times and Chicago Tribune headquarters

Job and content cuts apparently won't be enough by themselves to pay off Tribune Co.'s approximately $13 million in debt.

Job and content cuts apparently won't be enough by themselves to pay off Tribune Co.'s approximately $13 million in debt. The same day that the Hartford Courant announced deep newsroom cuts, Tribune CEO Sam Zell told employees the company will consider selling the iconic Tribune Tower in Chicago, which is about 35% vacant, and Times Mirror Square, home of the Los Angeles Times. The Times reports that it may be difficult to find a buyer for the LA property.

Also in the news regarding Zell's Tribune Co. makeover: Only 0.05% of subscribers to the redesigned Orlando Sentinel contacted the newspaper to complain about its redesign, and chief innovation officer Lee Abrams says COO Randy Michaels' comments that reporter productivity should be measured by column inches were “misinterpreted.”

Also in the media glare:

NBC settles a lawsuit with the family of a man who killed himself after being confronted on To Catch A Predator.

The Palm Beach Post will cut 130 jobs in the newsroom and 300 positions companywide.

Former Nightly News anchor Tom Brokaw says he's not interested in hosting Meet the Press after the presidential election.

The San Jose Mercury News is reportedly trying to lay off nine employees, but only gives them a day to decide.

Jim Lehrer will return to PBS' The NewsHour after a two-month recovery from heart surgery. 

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