By Cameron Clarke

Profits have dropped at Richard Desmond’s Express and Daily Star newspapers ahead of their potential sale to Trinity Mirror.

Express Newspapers’ accounts show a pre-tax profit of £13m, down by more than half on the prior year, according to the Telegraph.

Turnover was down by 10% to £157m after the two tabloids cut their cover price to put pressure on rivals, including the Trinity titles which may soon become stablemates.

A prospective deal between Desmond and the Daily Mirror publisher has been on the cards since 2015, but on-off talks failed to make sufficient progress.

That was until last month, when <a target=_blank Read full story ›

Source: The Drum