Tribune Interactive includes Web sites of its newspapers and TV stations and other Internet properties, including real estate and tourist sites. Chicago Cubs baseball team. Web sites for newspapers, Times Mirror Interzines for sports fans. But many others remain unconvinced that Tribune can make its gamble pay off. Some also questioned Tribune's claim that the Federal Communications Commission will have to wait about six years before it could challenge the company's effort to blend its TV operations with Times Mirror-owned newspapers.
Federal rules bar such arrangements without a waiver.
Last year, the FCC relaxed limits on owning more than one TV station in a market. Others aren't so sure about the Tribune's position. If Tribune succeeds, he says, lots of broadcasters ''are going to want to hook up with newspapers. The family would trade its investment for a stake in Tribune. Four family members would also join the company board, which would expand to 16 members.