The latest Investing Matters Podcast episode with London Stock Exchange Group's Chris Mayo has just been released. Listen here

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksTrinity Mirror PLC Share News (TNI)

  • There is currently no data for TNI

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

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

Tue, 10th Jan 2017 07:46

(Adds details)

LONDON, Jan 10 (Reuters) - Newspaper group Trinity Mirror said it was in early talks about investing in a newcompany comprising assets owned by Northern & Shell, RichardDesmond's group that owns the Daily Express and Daily Startitles.

The British publisher of the Daily Mirror said on Tuesdaythat no offer had been made and there was no certainty that anyagreement would be reached.

A combination would unite the left-leaning Mirror with theDaily Star tabloid and the Express, one of the biggestcheerleaders for Brexit. The titles rank fourth, sixth andeighth respectively in the national newspaper rankings compiledby ABC.

British newspaper groups are battling falling printcirculation and weakening demand from advertisers.

Analysts have said consolidation could deliver savings andgive publishers breathing space to better monetise their onlinecontent.

Richard Desmond established his media empire by publishingspecialist magazines, including adult titles like the Britishedition of Penthouse. He launched celebrity title OK! in 1993.

He bought the Express titles, which also include the SundayExpress, in 2000 for 125 million pounds ($152 million).

The early stage talks were first reported by Bloomberg.

($1 = 0.8230 pounds) (Reporting by Paul Sandle; editing by Sarah Young)

More News
18 Feb 2016 06:37

PRESS: Trinity Mirror To Launch New National Newspaper, 'New Day'

Read more
11 Feb 2016 13:54

UPDATE 2-Johnston Press in talks to buy Independent's budget sister title

* Johnston says in late-stage talks * Says price for Independent's i newspaper likely to be 24 mln stg * Deal would create Britain's fourth-largest print publisher (Adds detail, analyst comment, share price) By Rahul B and Esha Vaish Feb 11 (Reuters) - Britain's Johnston

Read more
28 Jan 2016 09:37

BROKER RATINGS SUMMARY: UBS Says Buy BAT And Imperial Tobacco

Read more
13 Jan 2016 12:01

Trinity Mirror developing new paper, reports say

(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 jou

Read more
17 Dec 2015 14:44

Trinity Mirror loses appeal against phone hacking payout

(ShareCast News) - Newspaper publisher Trinity Mirror said it had lost its appeal against a £1.2m payout to victims of the phone hacking scandal. Trinity was appealing May's landmark High Court decision from Mr Justice Mann, which awarded a total of £1.2m in damages to eight victims of the fir

Read more
17 Dec 2015 13:16

UPDATE 1-Trinity loses phone hacking compensation appeal, raises provision

(Adds background, trading update) LONDON, Dec 17 (Reuters) - Britain's Trinity Mirror lost its legal bid on Thursday to reduce the amount of compensation it must pay eight people who had their phones hacked by staff working for the newspaper group, potentially opening it up to higher payou

Read more
17 Dec 2015 11:57

Trinity Mirror Increases Phone Hacking Provision, To Beat Expectations

Read more
11 Dec 2015 16:07

Earnings, Trading Statements Calendar - Week Ahead

Read more
11 Dec 2015 12:13

UPDATE 1-No further UK action over tabloid phone hacking allegations

(Adds Piers Morgan, News UK, Trinity Mirror comment) LONDON, Dec 11 (Reuters) - Prosecutors ended one of the biggest scandals in British journalism on Friday saying they would take no more action over phone hacking charges against two of the country's largest newspaper groups. The Cro

Read more
11 Dec 2015 12:05

Phone Hacking Investigation Into Trinity Mirror Closed

Read more
11 Dec 2015 09:58

UK to take no further action over tabloid phone hacking allegations

LONDON, Dec 11 (Reuters) - British prosecutors said on Friday they would take no further action against Rupert Murdoch's News UK and 10 people at rival publisher Mirror Group Newspapers over alleged phone hacking. Reporters on tabloid newspapers have admitted hacking into phones to find sto

Read more
23 Nov 2015 16:14

Dividends Calendar - Week Ahead

Read more
23 Nov 2015 16:10

Matomy Media Names Rupert Howell As Chairman To Succeed Ilan Shiloah

Read more
9 Nov 2015 16:16

AGM, EGM Calendar - Week Ahead

Read more
28 Oct 2015 11:12

Trinity Mirror seals deal to buy Local World

(ShareCast News) - Newspaper group Trinity Mirror has reached an agreement to acquire the remaining 80% stake in Local World Holdings it does not already own for £154.4m in a deal that will create the UK's largest regional news publisher. Trinity said the acquisition will create a stronger and more

Read more

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.