Former Disney chairman and CEO Michael Eisner is in talks to become chairman of the board of The Tribune Co., reports the LA Times.
Tribune Co., which owns the LA Times as well as the Chicago Tribune, has been going through a messy bankruptcy that’s lasted nearly two years.
Eisner, who would replace Sam Zell as chairman, would be joined by Jeff Shell, a former News Corp exec who’s now working at Comcast, who would replace current chief executive Randy Michaels.
Neither Eisner or Shell would comment for the LAT’s story, but rumor has it that Eisner has been looking for a challenge since leaving Disney in 2005.
If the deal goes through, which is not a sure thing since the company still hasn’t worked out an acceptable plan with its creditors, look for the LAT to launch a new section: All Hannah Montana, all the time.