Trinity Mirror trading update reveals a rocky start to 2016 following New day failure
Trinity Mirror has sustained a difficult start to 2016, announcing a revenue decline of over eight per cent to accompany the failure of its recently-launched newspaper the New Day.
In a trading update for the first quarter of the year Trinity Mirror revealed group revenue had fallen by 8.6 per cent which was coupled by a 19 per cent decline in print advertising revenue.
The news follows on from the group’s decision to shut the New Day just two months after it launch. Tomorrow (Friday 6 May) will be the final edition of the title which Read full story ›
Source: The Drum
