The investors in Sun-Times Media Holdings have elected Jeremy Halbreich successor to the late James Tyree as chairman.
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Tyree remembered for ‘hands-on’ style
Jim Tyree in 2009. (Brian Cassella/Chicago Tribune)
Mesirow Financial colleagues, a U.S. Senator, a governor and neighborhood folks from the South Side were among those who jammed into Old St. Patrick’s Church Monday night to attend a funeral Mass for James Tyree, the financier and Sun-Times owner who died last week at age 53.
The first of three eulogies was given by Richard Price, a longtime Mesirow executive who has replaced Tyree as chairman and chief executive of the Chicago-based financial services firm.
Price, whose voice wavered on at least a couple of occasions, said his business partner had a “desire to be hands-on,” noting that 55 of Mesirow’s 1,200 workers reported directly to him. The two executives were tight, even vacationing together with their families. Get the full story »
More job cuts in Sun-Times newsroom
The Chicago Sun Times building at 350 N.Orleans Street. (Nuccio DiNuzzo/Chicago Tribune)
A day after the death of Sun-Times Media Chairman James Tyree, who led the effort to save the local media company from liquidation 17 months ago, the company’s flagship Chicago Sun-Times on Thursday laid off several newsroom employees.
“That was something that had been planned for a while. It certainly had nothing to do with yesterday’s news,” said Jeremy Halbreich, Sun-Times Media’s chief executive .
Sources said they believed the reduction affected four staff members, but Halbreich did not confirm an exact figure. The cuts, he said, were part of an ongoing effort to centralize certain operations among the company’s many area publications.
Hearing set in Conrad Black’s bid to remain free
Conrad Black enters a Chicago court room in 2007. (Tribune file)
Will former media mogul Conrad Black eventually head back to prison? Or will the flamboyant, 66-year-old’s long-running legal saga end with a judge setting him free for good? A status hearing Thursday in Chicago isn’t likely to answer those questions definitively, though it could provide clues about what U.S. District Judge Amy St. Eve is inclined to do.
Two years into a 6 1/2-year sentence, Black was released last year from a Florida prison while he appealed his conviction for defrauding Hollinger International Inc. investors. Black, whose media empire once included the Chicago Sun-Times, The Daily Telegraph of London and community papers in the U.S. and Canada, was expected to attend Thursday’s hearing. Get the full story »
Mesirow’s Tyree to begin chemotherapy next week
James Tyree, the Mesirow Financial chief executive who last week disclosed that he has stomach cancer, will begin chemotherapy next week.
“I feel pretty good,” he told the Tribune Wednesday night. “I’m sitting here stronger and greater than ever, and it’s stunning that these things are inside me”
In a note to Mesirow workers on Thursday, Tyree said that, over the past week, he has completed additional tests and consulted with several more doctors. Get the full story »
Sun-Times’ Tyree diagnosed with stomach cancer
James Tyree, the Mesirow Financial chief executive who nearly four years ago had a kidney and pancreas transplant, has been diagnosed with stomach cancer.
Tyree said he doesn’t know the stage of the cancer yet.
“I’ll find that out over the next few days,” he told the Tribune in a phone interview from his office, where he continues to work every day. “They did more tests to find out if it has spread anywhere else,” he said, noting that it’s currently in his stomach and one lymph node. Get the full story »
More staff cuts at the Chicago Sun-Times
From Crain’s Chicago Business | Chicago-based company Sun-Times Media LLC is cutting jobs across the company, including at the Chicago Sun-Times, the Post-Tribune in Merrillville, Ind., and the Southtown Star in Tinley Park.
Conrad Black’s attorneys in appeals court today
From Canada’s National Post | Attorney’s for former Sun-Times publisher and media mogul Conrad Black will appear in Chicago’s 7th Circuit Court of Appeals to argue that Black’s fraud convictions should be tossed. Black was released from prison after serving two years of a 6.5-year sentence for breaking the so-called “honest services” law.
Get the full story >>
Aug. 26, 2010 at 2:42 p.m.
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Filed under: Advertising/Marketing, Internet, Media, Radio, Sports, TV ESPN, AOL suspend Jay Mariotti after arrest
Former Chicago Sun-Times star sports columnist Jay Mariotti, has not spoken publicly about his weekend arrest in Los Angeles on suspicion of felony domestic assault. And it doesn’t appear he will be saying much of anything on his usual turf, ESPN or AOL’s Fanhouse site, at least for a while.
Mariotti will be sidelined next week from his regular role as panelist on ESPN’s “Around the Horn,” perhaps longer, it was learned Thursday. AOL Fanhouse, for which Mariotti has been a columnist since January 2009, has suspended him pending its own investigation.
Aug. 19, 2010 at 1:07 p.m.
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Filed under: Bankruptcy, Health care, Jobs/employment, Media, Newspapers, Unions Sun-Times unions go to court over health benefits
Unions representing former employees of the Sun-Times Media Group Inc. are seeking information from the company in a dispute over termination of health-insurance benefits.
The unions have filed a motion in Delaware bankruptcy court seeking access to documents and other information from the company, which they claim has stopped paying for insurance coverage without court approval. Get the full story »
Conrad Black, U.S. clash over ‘07 conviction
After the U.S. Supreme Court eviscerated one of the fraud laws used to convict former media baron Conrad Black, federal prosecutors have to prove beyond a reasonable doubt that the trial error was harmless.
Lawyers for Black say the burden is impossible to meet and that a federal appeals court should toss out his conviction. Black was recently freed from prison after the Supreme Court in June ordered a review of his case because of flawed jury instructions.
