Tribune Company (ticker: TRB, exchange: New York Stock Exchange (.N))
News Release -
Chicago Tribune Increases Commitment to Literacy Through Purchase of Printers Row Book Fair
CHICAGO, Nov. 29 /PRNewswire/ -- As part of its ongoing commitment to the
written word and its support of literacy and literary endeavor, the Chicago
Tribune has announced the purchase of the Printers Row Book Fair from the Near
South Planning Board. The Fair -- the largest free outdoor literary event in
the Midwest -- drew more than 75,000 book lovers to the two-day showcase in
"The Fair has a broad cultural impact through the programs it supports and
the participants it brings to Chicago," said Owen Youngman, Chicago Tribune
vice president/development. "We view it as an important part of what makes
the Near South area of Chicago a vital, growing part of the City of Chicago,
and we intend to invest in the Fair in ways that cement its importance in both
the city and the community."
He continued: "In addition, as we increase the size and scope of our
philanthropic commitment to literacy through Chicago Tribune Foundation and
Chicago Tribune Charities [a fund of the McCormick Tribune Foundation], we
believe the Printers Row Book Fair will help us draw even more attention to
the importance of this issue for all of Chicagoland."
The Printers Row Book Fair was founded in 1985 to attract visitors to the
Printers Row neighborhood (once the city's bookmaking hub). By 2002, it had
grown to five city blocks (on Dearborn, from Congress to Polk), attracting
more than 170 booksellers from across the country displaying new, used and
antiquarian books, and featuring six stages with more than 80 free literary
"Over the past 18 years, Printers Row has become one of the best book
fairs in the country," said Bette Cerf Hill, a founder of the Fair.
"Personally, I hope that with the Tribune's backing, it will become the best
in terms of being a literary event and outdoor book fair."
"As a visitor and presenter, I've been a huge fan of the Printers Row Book
Fair," said Elizabeth Taylor, Chicago Tribune literary editor. "It's a really
authentic Chicago institution that's evolved out of a growing neighborhood.
We respect the Fair's tradition and are committed to maintaining its unique
character. We hope to build on the Fair's success by working with our
partners in the literary community to support this fabulous weekend by
attracting more writers and book enthusiasts to the event."
The Fair has been run by the not-for-profit Near South Planning Board,
which will now concentrate more of its resources and attention in other areas
of the community. "We have worked hard the last 18 years to establish the
Fair, which is now recognized as a top tourist attraction not only for Chicago
but for Illinois," said Bonnie Sanchez-Carlson, president and executive
director of the Near South Planning Board. "The Chicago Tribune has the
ability to raise the profile of the Fair even further and expand literacy
efforts in Chicagoland."
The 2003 Printers Row Book Fair is scheduled for June 7 and 8, with the
Near South Planning Board Literary Dinner slated for June 5. The Literary
Dinner kicks off the Fair, and since 1989 has been the forum for presenting
the Harold Washington Literary Award, given to an author who creatively uses
the written word to address issues of contemporary life. Past recipients
include Grace Paley, August Wilson, Robert Pinsky and Studs Terkel. Proceeds
from the dinner support the Near South Planning Board's Authors in the Schools
program, which sends published children's authors into third-grade classrooms
as part of students' reading and writing curriculum.
Chicago Tribune Company publishes the Pulitzer Prize-winning newspaper
with daily readership of more than 2 million and nearly 3 million on Sunday.
The company also operates related developing media businesses serving
Chicagoland. Chicago Tribune is the founding publication of Tribune Company
(NYSE: TRB), one of the country's leading media companies, operating
businesses in broadcasting, publishing and on the Internet.
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SOURCE Chicago Tribune
/CONTACT: Patty Wetli of the Chicago Tribune, +1-312-222-4429/