This squares off a wrestling match between branded content and means of distribution with Disney's array of household media names pitched against Time Warner's hefty strength in cable distribution.

The new Tribune Company is a multi-tiered, diversified media company with real strength in local media.

Anyone who picks up a newspaper in the morning can feel that it's a lighter newspaper. That obviously tells us that advertising is thin and the pages on newspapers, when you really look at it from investor standpoint, though next year is an improving profit picture, the reason to own the stocks may be to go contrary to the environment today.

The Web will not do away with daily print editions, and well-managed innovative newspaper companies will benefit from accelerating that slowing growth as a result.

“We divide it (wrestling) into two seasons and we take both seriously from the get-go.

Max is an anomaly in that this is only his second year wrestling in high school and he's improved by leaps and bounds. His learning curve has been very sharp, and he's become someone who we count on to win for us. He's a wrestler that not too many people know about, so we're hoping he will continue to surprise his opponents in the future.