Tribune's media businesses. It seeks to invest in new media, broadband communications and infrastructure, digital television, internet, technology businesses, online marketing services, electronic commerce, business-to-business information services, education, wireless, and consumer services related to Tribune's core publishing, broadcasting, education businesses and interactive business direct marketing. The firm prefers to invest companies located in Chicago metropolitan area, Midwest, and East Coast. It seeks to invest between from $3 million to $10 million. The firm also investments in publicly held companies have a current after-tax market value of approximately $450 million. It invests in companies as either a lead or follow-on investor. Tribune Ventures was founded in 1995 and is based in Chicago, Illinois.