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<span style="font-weight: bold">Owner of Chicago Tribune, L.A. Times, Chicago Cubs has $13 billion in debt</span>
NEW YORK - Media conglomerate Tribune Co. has filed for bankruptcy protection.
The owner of the Chicago Tribune, the Los Angeles Times, the Chicago Cubs and other properties has $13 billion in debt.
In a press release, the company said <span style="font-weight: bold">"The Chicago Cubs franchise, including Wrigley Field, is not included in the Chapter 11 filing</span>. <span style="font-style: italic">Efforts to monetize the Cubs and its related assets will continue</span>
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