Tribune Media Company Stock Listed on NYSE

By Michael Malone
( Broadcasting & Cable )
published

Tribune Media Company has received approval to list its Class A common stock on the New York Stock Exchange (NYSE). The company expects trading on the NYSE to start Dec. 5 under the symbol "TRCO." Tribune’s Class A stock will continue to trade on the OTC Bulletin Board, ceasing when the stock is traded on the NYSE.

Tribune Media Company's warrants and Class B common stock are expected to continue to be traded on the OTC.

In August, Tribune Media Company, which holds TV and radio stations and a cable network, completed its spin-off of Tribune Publishing Company. The newspaper division’s stock is traded on the NYSE under the symbol "TPUB.”

Michael Malone
Michael Malone

Michael Malone, senior content producer at B+C/Multichannel News, covers network programming, including entertainment, news and sports on broadcast, cable and streaming; and local broadcast television. He hosts the podcasts Busted Pilot, about what’s new in television, and Series Business, a chat with the creator of a new program, and writes the column “The Watchman.” He joined B+C in 2005. His journalism has also appeared in The New York Times, The Philadelphia Inquirer, Playboy and New York magazine.