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No one in the group has any significant experience in print properties, although they have abundant digital and finance expertise.
"We are devising clever ways to monetize the content of some of our long established print properties".
Tribune emerged from bankruptcy on Dec. 31 and has hired JPMorgan Chase and Evercore Partners to sell its print properties.
"We are migrating the US business to a predominantly digital model and have taken steps to de-risk remaining print properties," the company said.
James Franklin, the president and chief executive of Liberation, said the deal would move the print properties into the electronic arena.
Early Tuesday morning, News Corporation said, through its newspaper, the Wall Street Journal, that it was considering a spin-off of its print properties.
Similar(21)
Printed polyethylene films substrates from the three print property tests were scanned to obtain digital images.
Mr. Dennis said that the two television efforts were chosen carefully to ensure success and avoid jeopardizing the image of the lucrative print property.
Three tests were done, one for each print property (adhesion, rub resistance, and gloss).
Three sets of printed polyethylene films were made for each set of ink samples, 1 set for each print property.
The challenge of actually converting a print property such as Time magazine to the Internet and television, for example, won't be easy.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com