Posts Tagged "Trinity Mirror"

Britain’s competition regulator today launched an investigation into the sale of Richard Desmond’s Express newspaper stable to the owner of the Daily Mirror. The Competition and Markets Authority (CMA) said it “will now assess whether this deal could significantly reduce competition within the UK media sector”. A deadline of 7 June has been set for a decision with interested parties invited to submit evidence to the investigation.

The owner of the Mirror newspapers has sealed a £127m deal with Richard Desmond to buy his Express and Star national titles, as well as celebrity magazine OK!

Trinity Mirror has reported a fall of nearly 20% in print ad revenues as it confirmed it is to close the New Day after just two months

Trinity Mirror, the UK’s largest local newspaper group and publisher of the Daily Mirror, is eyeing further consolidation, as the industry races to tackle the long-term decline of print publishing. “We see ourselves as a consolidator in the newspaper industry and will continue to do so subject to tight financial returns,” said chief executive Simon Fox, as the group reported like-for-like print advertising revenues fell 18 per cent in 2016. Trinity is in early stage talks with Northern & Shell, the parent company of the Express newspaper titles and OK Magazine, which could lead to it taking a stake in some of the Richard Desmond-owned assets.

David Montgomery, a former CEO of Trinity Mirror and editor of the News of the World has emerged as the potential buyer of the Express and Star newspapers, in a complicated deal with their current owner Richard Desmond that could also see Trinity Mirror take a minority stake

Rivals working together to find ways of countering declining print revenues. Last year revenues from display adverts dropped 15 per cent, with publishers reporting similar figures for the first half of this year

It’s been another ‘bad news’ month for UK newspapers. Just a few weeks after Vice founder Shane Smith predicted a media industry “bloodbath”, Britain’s most successful newspaper group DMGT reported a 16% drop in advertising revenue at the Daily Mail in the six months to the end of March. Even the 20% growth at its Mail Online was scant consolation because annual revenue will not reach the £100m targeted for more than two years. Consequently, the world’s largest English language newspaper site remains far from profitable. Daily sales of the UK’s national newspapers have more than halved to 6.5m in the past 15 years and are still falling. But it is the continuing drain of advertising that panics investors.

Trinity Mirror launches UK’s first new standalone national daily for three decades

Trinity Mirror, owner of the Mirror newspaper, has reported a sharp drop in annual profits as it launches a new daily title

The publisher of the Daily Mirror and Sunday Mirror already owns a 20 per cent stake in Local World and said it is now considering a deal worth £200 million to acquire the remaining 80 per cent

Trinity Mirror, which also owns the Sunday Mirror, Sunday People and a portfolio of regional titles, has been locked in talks with Desmond since at least March over a sale of “certain” newspaper assets owned by Northern & Shell.

Daily Mirror publisher understood to be looking at £200m deal for group owning titles that include the Nottingham Post and the Cambridge News. Local World

Trinity Mirror are in talks with Richard Desmond about potentially buying the Daily Express

So it’s farewell to the Reading Post, which has just published its final issue after its owner, Trinity Mirror, decided to stop publishing its newsprint version. For the full story read The Guardian

Trinity Mirror has announced the closure of seven local newspapers with the loss of 50 jobs. All three of the publisher’s Berkshire titles – the Reading Post, GetReading and the Wokingham & Bracknell Times – will close. The publisher is also closing the Surrey Herald, Surrey Times, Woking Informer and Harrow Observer and relaunching the […]

In an RNS trading update Trinity Mirror said print ad sales had fallen 12 per cent year-on-year in the 17 weeks since June. Reacting to the news, Trinity’s share price fell 3% on Monday.

DMG Media and Trinity Mirror have recently revealed figures showing spectacular digital advertising revenue leaps

Revenue fell by 2.3% compared to a decline of 6.0% for 2013.

Online revenues up almost 50% in the year to 27 April, helping counter a fall of 9% in advertising across its newspaper titles

Zoopla has acquired Trinity Mirrors Digital Property Limited (TMDP) from Trinity Mirror for £3.3 million. TMDP owns a portfolio of property websites including SmartNewHomes.co.uk, a new homes portal; HomesOverseas.co.uk, a portal dedicated to overseas property listings; Email4Property.co.uk, an estate agent directory and lead generation website and Zoomf.com