From Jordan Bastian:
Indians press conference to announce the hiring of Terry Francona as manager is scheduled for 11 a.m. ET Monday morning.— Jordan Bastian (@MLBastian) October 7, 2012
I would expect the press conference to be covered live online and perhaps be on some of the local TV and radio stations.
Update: the press conference will air live on WTAM 1100 in Cleveland, as well as on STO. For a live stream of the press conference, go here.