02 Dec Tribune Media Company Announces NYSE Listing of its Class A Common Stock
Tribune Media Company (the “Company”; OTC: TRBAA; NYSE: TRCO) today announced that it has received approval to list its Class A common stock on the New York Stock Exchange (the “NYSE”). The Company expects trading of its Class A common stock on the NYSE to commence on December 5, 2014 under the symbol “TRCO”. Prior to that date, the Company’s Class A common stock will continue to trade on the OTC Bulletin Board (“OTC”), but trading on the OTC will cease concurrent with the listing of the Class A common stock on the NYSE. The Company’s warrants and Class B common stock are expected to continue to be traded on the OTC.
Cautions Concerning Forward-Looking Statements
Certain disclosures in this press release include forward-looking statements, within the meaning of the federal securities laws that are based largely on Tribune Media Company’s current expectations and reflect various estimates and assumptions by the Company. Forward-looking statements are subject to known and unknown risks and uncertainties, many of which may be beyond our control. These statements may be identified by words such as “may,” “might,” “will,” “could” “should,” “estimate,” “project,” “plan,” “anticipate,” “expect,” “intend,” “outlook,” “seek,” “designed,” “assume,” “implied,” “believe” and similar expressions. Forward-looking statements are subject to certain risks, trends and uncertainties that could cause actual results and achievements to differ materially from those expressed in such forward-looking statements. Such risks, trends and uncertainties include the Company’s ability to satisfy all of the NYSE listing requirements on or prior to the date when the Company’s Class A common stock is expected to begin trading on the NYSE. Any forward-looking statements in this press release should be evaluated in the light of these important risks and readers are cautioned not to place undue reliance on such forward-looking statements, which are being made as of the date of this press release. Except to the extent required by applicable law, the Company undertakes no obligation to update or revise any information contained in this press release beyond the published date, or for changes made to this press release by wire services, Internet service providers or other media, whether as a result of new information, future events or otherwise.
Tribune Media Company (OTC: TRBAA; NYSE: TRCO) is home to a diverse portfolio of television and digital properties driven by quality news, entertainment and sports programming. Tribune Media is comprised of Tribune Broadcasting’s 42 owned or operated local television stations reaching over 50 million households, national entertainment network WGN America, available in approximately 71 million households, Tribune Studios, and Tribune Digital Ventures, including Gracenote, one of the world’s leading sources of TV and music metadata powering electronic program guides in televisions, automobiles and mobile devices. Tribune Media also includes Chicago’s WGN-AM, the national multicast networks Antenna TV and THIS TV. Additionally, the Company owns and manages a significant number of real estate properties across the U.S. and holds other strategic investments in media. For more information please visit www.tribunemedia.com.
VP/Corporate Finance & Investor Relations 212/210-2703
Chief Communications Officer 212/210-2794