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Alvarez & Marsal (A&M) is a global professional services firm notable for its work in turnaround management and performance improvement of a number of large, high profile businesses both in the USA and internationally such as Lehman Brothers, HealthSouth, Tribune Company, Warnaco, Interstate bakeries, and Arthur Andersen.
The Federal Communications Commission generally does not allow cross ownership, to keep from one license holder having too much local media ownership, unless the license holder obtains a waiver, such as News Corporation and the Tribune Company have in New York.
After acquiring Tribune Company in a leveraged buyout in April 2007, Sam Zell hired Wilson as president of Tribune Broadcasting in February 2008 as part of a new management team led by Randy Michaels.
In August 2010, KTUU became the third Schurz-owned television station (after KWCH-DT and KSCW-DT in Wichita, Kansas and WDBJ in Roanoke, Virginia) to relaunch its Web site through a new partnership with the Tribune Company's Tribune Interactive division.
Owned by the Tribune Company, it broadcasts a high definition digital signal on UHF channel 25 (virtual channel 22.1 via PSIP) from a transmitter at the studio facilities that the station shares with Fox-affiliated sister station KCPQ on the west shore of Lake Union in Seattle's Westlake neighborhood.
Army General Harrison Gray Otis bought the paper in 1884 to form the Times-Mirror Company which eventually merged with the Tribune Company in 2000.
Before then, WUPL was one of two network-owned stations in New Orleans at the time (then-WB affiliate WNOL-TV, owned by The WB's part-owner, the Tribune Company, was the other).