3 Feb 2016 12:10
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Don't have an account? Click here to register.Trinity Mirror said to unveil new weekday tabloid
Wed, 17th Feb 2016 14:36
(ShareCast News) - Trinity Mirror, publisher of the Daily Mirror, will reportedly unveil a weekday tabloid called New Day this month.People close to the plans told Sky News the new paper was expected to launch on 29 February and will be priced at 25p versus the Independent's i newspaper which is priced at 40p.New Day, whose release will coincide with Trinity Mirror's annual results, will be published weekdays only and will target consumers with a mix of national, lifestyle and entertainment news.It was also reported the paper would be focused on a female audience, although one source told Sky the Mirror was aiming for a "broader reach".Following the launch period, the cover price is expected to rise to more than that of the i, which was sold last week to Johnston Press in a £24m deal.The news comes just five days after it emerged that ESI Media, the parent company of the Independent and Independent on Sunday, was closing the print editions of the newspapers and switching focus to its websites, sparking concerns about prospects for the industry.Owner Evgeny Lebedev on Friday sent a letter to staff that confirmed the sale of the sister paper to Johnston Press, subject to Johnston Press shareholder approval, and that the group will cease to print the Independent and Independent on Sunday and begin "embracing an exclusively digital future".Lebedev said: "The newspaper industry is changing, and that change is being driven by readers. They're showing us that the future is digital."This decision preserves the Independent brand and allows us to continue to invest in the high quality editorial content that is attracting more and more readers to our online platforms."The newspaper, which was launched in 1986 with editor Andreas Whittam-Smith at the helm, will print its last daily title on March 26, with the last Independent on Sunday on 20 March.
More News
3 Feb 2016 09:31
Johnston Press rallies on pension deficit reduction
(ShareCast News) - Johnston Press said the findings of the study it carried out to assess the liabilities of its pension plan are expected to reduce the present value of the media group's plan by around £50m. In addition, the company said that following a change to the scheme rules agreed by the tru
Read more3 Feb 2016 08:51
BUZZ-Johnston Press: best day in 3 yrs on pension deficit reduction
** Shares in "The Scotsman" publisher Johnston Press up more than 15 pct pension deficit cut by >50% ** Co undertook pension study to streamline the pension scheme ** Now expects to reduce deficit by c50 mln stg (deficit on Jan 3 2015 was 90 mln stg) ** Liberum says this shrink
Read more19 Jan 2016 14:48
Johnston Press to sell titles as digital focus intensifies
(ShareCast News) - As well as confirming profits in line with forecasts, local newspaper publisher Johnston Press said it may sell several of its non-core titles in order to focus on digital growth. The company, whose titles range from dailies such as the Scotsman and the Yorkshire Post to around 19
Read more1 Dec 2015 14:52
Johnston Press reorganises with central editorial team
(ShareCast News) - Johnston Press has appointed an editor-in-chief and created two publishing director positions as part of the local newspapers group's editorial restructuring process to "shift focus away from traditional geographic reporting lines". Yorkshire Evening Post and Yorkshire Post editor
Read more19 Nov 2015 10:06
BUZZ-Johnston Press: hits life-low as print, publishing revenues drop
** Johnston Press's shares fall as much as 14.4 pct to a life-low of 45.39p as co reports fall in print and publishing revenues, for 17-week period, due to weak advertising markets ** Co says print advertising revenue falls nearly 15 pct and publishing revenue by about 11 pct for the 17 wee
Read more19 Nov 2015 09:26
7 Oct 2015 10:43
Johnston Press closes more titles as it looks to cut costs
(ShareCast News) - Media group Johnston Press announced the closure of several print titles as it looks to cut costs and focus on its online expansion. The company said a number of its smaller free print titles have been closed, which will allow it to focus resources on its digital offering in those
Read more14 Sep 2015 10:34
UPDATE 2-UK's Trinity Mirror in talks to buy rival Local World
(Adds Local World no comment, analyst, background and detail; also updates shares) Sept 14 (Reuters) - Britain's Trinity Mirror Plc, publisher of the Daily Mirror and Sunday Mirror newspapers, is in talks to buy rival Local World Holdings Ltd as it attempts to build scale to help counteract
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