Signaling the importance of the television business to the future of the company, Tribune has officially named longtime television executive Peter Liguori as its chief executive officer, reports Bloomberg.
Tribune, which emerged from bankruptcy at the end of 2012, is replacing Eddy Hartenstein, who remains the publisher of its Los Angeles Times newspaper.
Liguori, 52, "has the talent and experience to lead the company forward, and has a track record of success," said Bruce Karsh, president and co-founder of Oaktree Capital Management LP. Karsh was named Tribune’s chairman.
Liguori was most recently chief operating officer of Discovery Communications and previously was president of entertainment for Fox Broadcasting and president and CEO of FX Networks.