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. @TribPub's annual shareholder meeting today lasted only 17 minutes -- they had enough time to consolidate Alden Global Capital's power on the board, but only answered two shareholder questions. Here are a few of the questions they didn't find "relevant" enough to answer:
Why did @tribpub seek to make permanent pay cuts while only temporarily suspending their multimillion-dollar shareholder dividend?
Why did @tribpub object to producing an annual report on the state of journalism -- leaving the @newsguild to fill in the blanks?
Our report found that 83% of the employee survey respondents said there were negative newsroom developments after Alden gained power. What is the long-term strategy to improve news coverage and morale? https://newsguild.org/the-state-of-journalism-tribune-publishing/
Our report also found deep skepticism about the quality of our websites. What plan does @tribpub have to address this impediment to getting news to readers?
Why isn't newsroom investment part of @tribpub's digital strategy?
“As a shareholder, I think the company would be best served, and more importantly the communities would be best served, with local ownership,” said Mason Slaine, who owns a 7.9% stake in @TribPub. https://www.chicagotribune.com/business/ct-biz-tribune-publishing-board-alden-20200522-g4l2mm7hlneatcqzu7lhi7mrl4-story.html
