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Trinity Mirror doubles down on cuts to offset print decline

on Jun 26, 2015 | 0 comments

By John Glenday

Trinity Mirror has been forced to redouble its efforts slash costs in an effort to keep pace with ever declining print revenues with the announcement that it intends to double planned cuts to realise £20m in savings.

The publishing group had announced just three months ago that it planned to find £10m in structural savings but this initiative has been overtaken by events as the scale of the challenge outlined in a trading update for the first half of 2015.

This showed a precipitous 11 per cent decline in print revenues (despite a cover price increase to 60p) with print advertising dipping Read full story ›

Source: The Drum