Trinity Mirror
From Wikipedia, the free encyclopedia
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| Type | Public (LSE: TNI) |
|---|---|
| Founded | 1903 |
| Headquarters | Canary Wharf, London, England |
| Key people | Ian Gibson (Chairman of the board), Sly Bailey (CEO) |
| Industry | Publishing |
| Products | National and regional newspapers, magazines |
| Revenue | £971.3 million (2007)[1] |
| Operating income | ▲ £29.4 million (2007)[1] |
| Profit | ▲ £67.8 million (2007)[1] |
| Employees | 9,300 (2007)[1] |
| Website | www.trinitymirror.com |
Trinity Mirror plc (LSE: TNI) is a large British newspaper and magazine publisher. It is Britain's biggest newspaper group, publishing 240 regional papers as well as the Daily Mirror, Sunday Mirror, People, Sunday Mail and Daily Record. Its headquarters are at Canary Wharf in London. Listed on the London Stock Exchange, it has typically been a constituent of the FTSE 250 Index. However, on 22 December 2008, it became one of three major media companies to fall out of the index.[2]
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[edit] History
The Daily Mirror was launched by Alfred Harmsworth for gentlewomen in 1903.[3] In 1984 Pergamon Holdings, a company owned by Robert Maxwell acquired the Daily Mirror.[3] The Company was relisted as Mirror Group in 1991.[4]
The Company went on to buy Scottish & Universal Newspapers in 1992 and in 1997 it acquired the Birmingham Post and Mail.[3]
Trinity Mirror was formed in September 1999 by the merger of Trinity plc, a company formed in 1985 to buy the Liverpool Post and Echo, with Mirror Group plc. As a condition of the merger Trinity Mirror was forced to sell the Belfast Telegraph group.[3]
During 2005 the Company introduced a number of measures to manage discretionary spending more carefully some of which attracted press attention.[5]
In 2007 the Company sought to sell a number of titles: the Reading Chronicle was sold to Berkshire Media Group[6] and 25 Trinity Mirror South titles were sold to Northcliffe Media.[7] On 1 October 2007 it was announced that the sale of the Racing Post had been completed: the entire sale process had raised £263 million.[8]
In September 2008 the Company announced that they would be closing the Printing plant in Liverpool after some 154 years of printing in the City and transferring the work to Oldham.[9]
The group was listed on the London Stock Exchange on December 2, 1953 [10]
[edit] Operations
Trinity Mirror's printing division, Trinity Mirror Printing Ltd, is located at nine press sites throughout the UK, printing and distributing thirty-six major newspapers for the UK, including the Daily and Sunday Mirror, The People, the two Independent titles, Scottish Daily Record, and other contract titles including titles for the Guardian Media Group.[11]
Titles it owns, some via its subsidiary 'Mirror Group Newspapers' include:
- Barking & Dagenham Yellow Advertiser
- Bexley Mercury
- Birmingham Post / Birmingham Mail / Sunday Mercury /
- Bracknell News
- Brent & Wembley Leader
- Colne Valley Chronicle
- Coventry Evening Telegraph
- Chester Chronicle
- Crewe Chronicle
- The Daily Mirror / The Sunday Mirror
- Daily Record / Sunday Mail
- Dover Express
- Ealing Gazette
- Ealing Informer
- Ealing Leader
- Enfield Advertiser
- Enfield Gazette
- Evening Chronicle (Newcastle upon Tyne)
- Evening Gazette (Teesside)
- Fulham & Hammersmith Chronicle
- The Glaswegian
- Haringey Advertiser
- Harrow & Wembley Observer
- Harrow Informer
- Harrow Leader
- Havering Yellow Advertiser (Romford)
- Highdown Books
- Holme Valley Express
- Hounslow Borough Chronicle
- Hounslow, Chiswick & Whitton Informer
- Huddersfield District Chronicle
- Huddersfield Examiner
- Ilford & Redbridge Yellow Advertiser
- Kensington & Chelsea Informer
- Lewisham & Grenwich Mercury
- Liverpool Daily Post
- Liverpool Echo
- Loughborough Echo
- Mitcham, Morden & Wimbledon Post
- Neath Guardian
- Newcastle Herald and Post
- The Journal (Newcastle upon Tyne)
- Paisley Daily Express
- The People
- The Press (Barnet and Hendon)
- Slough Express
- South London Press (Lambeth, Southwark, Lewisham, Greenwich, Wandsworth, Croydon, Bexley and Merton)
- South Wales Echo
- Staines Informer
- Staines Leader
- Streatham, Clapham & Wews Norwood Post
- Sunday Sun (Newcastle Upon Tyne)
- Surrey Herald
- Surrey Mirror Advertiser
- Sutton & Epsom Post
- Uxbridge & Hillingdon Leader
- Uxbridge Gazette
- Walton & Weybridge Informer
- Western Mail
- The Wharf (Canary Wharf)
Trinity Mirror Scotland (Scottish and Universal Newspapers)
- Airdrie and Coatbridge Advertiser
- Ayrshire Post
- Blairgowrie Advertiser
- Dumfries and Galloway Standard
- East Kilbride News
- Galloway News
- Hamilton Advertiser
- Irvine Herald
- Kilmarnock Standard
- Paisley Daily Express
- Perthshire Advertiser
- Reformer
- Stirling Observer
- Strathearn Herald
- The Lennox
- West Lothian Courier
- Wishaw Press
It used to own a 43% share of The Independent.
It owned the News Letter, Donegal Democrat and Derry Journal until late 2003 when they were sold to the newly formed Local Press Ltd.
[edit] Subsidiaries
[edit] References
- ^ a b c d "Annual Report 2007". Trinity Mirror. Retrieved on 2008-08-10.
- ^ Trinity Mirror, Johnston Press and Mecom crash out of FTSE 250
- ^ a b c d Trinity Mirror: History
- ^ Maxwell Scandal Timeline
- ^ Trinity Mirror "cancels Christmas"
- ^ Trinity Mirror sells Berkshire Regionals for £10m
- ^ Northcliffe buys 25 titles from Trinity Mirror
- ^ Trinity Mirror calls halt to disposals
- ^ Up to 100 jobs at risk as Trinity Mirror plans to close Liverpool print plant
- ^ [1]
- ^ Oldham's Economic Profile - Printing & Publishing, oldham.gov.uk. URL accessed March 29, 2007.
