Tribune Chairman Explains Rejection of Gannett Offer

The transcript discusses the challenges of monetizing content for a user base of 60 million, comparing it to Facebook's revenue per user. It introduces a new division, Trunk, focused on improving monetization through artificial intelligence. The discussion shifts to Gannett's acquisition offer, highlighting the market context and the board's decision to focus on internal strategies. The board's plan includes implementing new technologies to enhance monetization and improve revenue reporting, aiming to demonstrate the company's potential to shareholders.

What was the premium that Gannett wanted to pay for Tribune, and how does it compare to the average premium in media deals?

What are the implications of the dividend suspension on Tribune's stock performance?