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Trinity Mirror developing new paper, reports say

Wed, 13th Jan 2016 12:01

(ShareCast News) - Trinity Mirror has begun working on the launch of a new national newspaper format, reported to be akin to The Independent's i title.The company confirmed it was "exploring several alternative revenue streams" but did not deny reports in the Press Gazette that a team of Mirror journalists was developing the new title under Sunday editor Alison Phillips.According to the source cited by in the report, this new title would have a cheap cover price or might be distributed for free.The Gazette suggested the move was in response to the success of the i newspaper, which has with its 40p price, since reduced to 20p, built an average daily circulation of more than 250,000, which dwarfs that of the Independent.At 60p, the Daily Mirror is the same price as the Daily Mail, both of which have been recently undercut by the Star's reduction to 20p, which saw its average circulation jump around 50,000 to 450,045 in the two months to November last year.
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3 May 2018 15:40

Trinity Mirror Shareholders Back Name Change To Reach PLC

LONDON (Alliance News) - Newspaper publisher Trinity Mirror PLC on Thursday said shareholders overwhelmingly backed its name change to Reach PLC.Voting at its annual general meeting, those

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3 May 2018 10:47

Trinity Mirror Says Ad Trends Better But Snow Hits Circulation Revenue

LONDON (Alliance News) - Trinity Mirror PLC said Thursday it anticipates performance for 2018 to be in line with market expectations, even as like-for-like revenue dropped in the first four the to

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1 May 2018 14:25

UK Government To Intervene In Trinity Mirror's Deal To Buy Express

LONDON (Alliance News) - The government will intervene in Trinity Mirror's GBP126.7 million deal to buy a string of titles from Richard Desmond's media empire on public interest grounds, a

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26 Apr 2018 16:30

UK Earnings, Trading Statements Calendar - Next 7 Days

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UK Shareholder Meetings Calendar - Next 7 Days

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24 Apr 2018 06:30

UK Minister "Minded" To Intervene In Trinity Mirror's Express Purchase

LONDON (Alliance News) - UK Culture Secretary Matt Hancock said late Monday he is considering intervening in the purchase of the national Express and Star titles by the publisher of the Daily said

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5 Mar 2018 11:17

Daily Mirror publisher to become "Reach" after Daily Express buy

LONDON, March 5 (Reuters) - Daily Mirror publisher Trinity Mirror plans to change its name to Reach, reflecting the British firm's expanded stable of newspapers after last

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10 Jan 2017 12:26

Northern & Shell to sell newspapers to David Montgomery, report says

(ShareCast News) - Richard Desmond may sell his Express and Star newspapers to a company set up by ex-Trinity Mirror, Local World and Mecom newspaper magnate David Montgomery, according to reports on Tuesday. Sky News reported that Montgomery, who sold regional newspaper group Local World to Trinit

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10 Jan 2017 07:46

UPDATE 1-Trinity Mirror in talks to combine with Richard Desmond's UK papers

(Adds details) LONDON, Jan 10 (Reuters) - Newspaper group Trinity Mirror said it was in early talks about investing in a new company comprising assets owned by Northern & Shell, Richard Desmond's group that owns the Daily Express and Daily Star titles. The British publisher of the Da

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10 Jan 2017 07:28

Trinity Mirror confirms Express talks, Desmond may exit newspapers

(ShareCast News) - Trinity Mirror confirmed it is in the "early stage of discussions" with Richard Desmond over a potential investment in some assets of his Northern & Shell business, which controls the Daily Express, Daily Star and OK! Magazine. The Daily Mirror owner said no offer has yet been mad

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10 Jan 2017 07:11

Trinity Mirror in talks to combine with Richard Desmond's UK papers

LONDON, Jan 10 (Reuters) - Newspaper group Trinity Mirror said it was in early talks about investing in a new company comprising assets owned by Northern & Shell, Richard Desmond's group that owns the Daily Express and Daily Star titles. The publisher of the Daily Mirror said on Tuesday th

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16 Dec 2016 10:43

Numis reiterates 'buy' on Trinity Mirror after trading update

(ShareCast News) - Numis reiterated a 'buy' rating and target price of 210p on Trinity Mirror after the British newspaper publisher reported an "encouraging" trading update on Friday. While Trinity said it sees group revenue falling by more than 8% like-for-like in the fourth quarter, it said its pe

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16 Dec 2016 10:17

Trinity Mirror expects drop in fourth quarter revenue

(ShareCast News) - Trinity Mirror expects group revenue to fall in the fourth quarter, reflecting a slump in print advertising sales. In a pre-close trading update, the owner of British newspapers the Daily Mirror and the Sunday Mirror said it anticipates group revenue will drop by below 8% in the f

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1 Aug 2016 10:22

Trinity Mirror's first-half profit boosted by Local World deal

LONDON, Aug 1 (Reuters) - British newspaper publisher Trinity Mirror said first-half adjusted profit rose 42 percent after it bought regional newspaper publisher Local World and tightly managed costs in a tough print advertising market. Shares in the group, which publishes the Daily Mirror

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1 Aug 2016 10:17

Trinity Mirror H1 profit jumps on Local World acquisition

(ShareCast News) - Daily Mirror publisher Trinity Mirror reported a jump in first-half pre-tax profit on Monday, thanks in part to its acquisition of news publisher Local World last November. In the 27 weeks ended 3 July, adjusted pre-tax profit rose to £66.9m from £47m as revenue increased to £374.

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