Trinity Mirror
Encyclopedia
Trinity Mirror plc is a large British newspaper and magazine publisher. It is Britain's biggest newspaper group, publishing 240 regional papers as well as the national Daily Mirror, Sunday Mirror
and People
, and the Scottish Sunday Mail
and Daily Record
. Its headquarters are at Canary Wharf
in London. Listed on the London Stock Exchange
, it is a constituent of the FTSE SmallCap Index
.
on 2 December 1953.
In 1958 the International Publishing Company
(IPC) acquired Mirror Group Newspapers, but IPC was in turn taken over by publishing giant Reed International in 1970. In 1984 Pergamon Holdings, a company owned by Robert Maxwell
, acquired the Daily Mirror from Reed International. The Company was relisted as Mirror Group in 1991.
The company went on to buy Scottish & Universal Newspapers in 1992, and in 1997 it acquired the Birmingham Post and Mail
.
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. The next year, the company acquired the regional publisher Southnews.
During 2005 the company introduced a number of measures to manage discretionary spending more carefully, some of which attracted press attention.
In 2007 the company sought to sell a number of titles: the Reading Chronicle
was sold to Berkshire Media Group and 25 Trinity Mirror South titles were sold to Northcliffe Media
. 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.
In September 2008 the company announced that it would be closing the printing plant in Liverpool
after 154 years of printing in the city, and transferring the work to Oldham.
In February 2010, Trinity Mirror acquired the regional M.E.N Media and S&B Media divisions of the Guardian Media Group
, containing 22 local titles across Northern England and in Surrey and Berkshire; this includes the Manchester Evening News
and Reading Evening Post
.
In March 2010,Trinity Mirror stated that it will end its bout of staff cuts and newspaper closures. The announcement came as the company reported pre-tax profits of £72.7m for 2009, exceeding analysts expectations.
and Sunday Mirror
, The People
, the Daily Record
(in Scotland), and other contract titles including titles for the Guardian Media Group
. Trinity Mirror also owns a number of local titles in Northern England and in Surrey and Berkshire, after acquiring a number of titles from the Guardian Media Group
in 2010. For a list of local and national titles owned by Trinity Mirror, see List of Trinity Mirror titles.
Sunday Mirror
The Sunday Mirror is the Sunday sister paper of the Daily Mirror. It began life in 1915 as the Sunday Pictorial and was renamed the Sunday Mirror in 1963. Trinity Mirror also owns The People...
and People
The People
The People, previously known as the Sunday People, is a British tabloid Sunday-only newspaper. The paper was founded on 16 October 1881.It is published by the Trinity Mirror Group.In July 2011 it had an average daily circulation of 806,544....
, and the Scottish Sunday Mail
Sunday Mail (Scotland)
The Sunday Mail is a Scottish tabloid newspaper published every Sunday. It is the sister paper of the Daily Record and is owned by Trinity Mirror and as such has a left-wing outlook which in turn tends to guide Scottish political debate in that direction.The Sunday Mail is read by over one million...
and Daily Record
Daily Record (Scotland)
The Daily Record is a Scottish tabloid newspaper based in Glasgow. It had been the best-selling daily paper in Scotland for many years with a paid circulation in August 2011 of 307,794 . It is now outsold by its arch-rival the Scottish Sun which in September 2010 had a circulation of 339,586 in...
. Its headquarters are at Canary Wharf
Canary Wharf
Canary Wharf is a major business district located in London, United Kingdom. It is one of London's two main financial centres, alongside the traditional City of London, and contains many of the UK's tallest buildings, including the second-tallest , One Canada Square...
in London. Listed on the London Stock Exchange
London Stock Exchange
The London Stock Exchange is a stock exchange located in the City of London within the United Kingdom. , the Exchange had a market capitalisation of US$3.7495 trillion, making it the fourth-largest stock exchange in the world by this measurement...
, it is a constituent of the FTSE SmallCap Index
FTSE SmallCap Index
The FTSE SmallCap Index is an index of small market capitalization companies consisting of the 351st to the 619th largest listed companies on the London Stock Exchange main market...
.
History
The Daily Mirror was launched by Alfred Harmsworth for gentlewomen in 1903. The company was first listed on the London Stock ExchangeLondon Stock Exchange
The London Stock Exchange is a stock exchange located in the City of London within the United Kingdom. , the Exchange had a market capitalisation of US$3.7495 trillion, making it the fourth-largest stock exchange in the world by this measurement...
on 2 December 1953.
In 1958 the International Publishing Company
IPC Media
IPC Media , a wholly owned subsidiary of Time Inc., is a consumer magazine and digital publisher in the United Kingdom, with a large portfolio selling over 350 million copies each year.- Origins :...
(IPC) acquired Mirror Group Newspapers, but IPC was in turn taken over by publishing giant Reed International in 1970. In 1984 Pergamon Holdings, a company owned by Robert Maxwell
Robert Maxwell
Ian Robert Maxwell MC was a Czechoslovakian-born British media proprietor and former Member of Parliament , who rose from poverty to build an extensive publishing empire...
, acquired the Daily Mirror from Reed International. The Company was relisted as Mirror Group in 1991.
The company went on to buy Scottish & Universal Newspapers in 1992, and in 1997 it acquired the Birmingham Post and Mail
Birmingham Post
The Birmingham Post newspaper was originally published under the name Daily Post in Birmingham, England, in 1857 by John Frederick Feeney. It was the largest selling broadsheet in the West Midlands, though it faced little if any competition in this category. It changed to tabloid size in 2008...
.
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
Liverpool Daily Post
The Liverpool Daily Post is a newspaper published by Trinity Mirror in Liverpool, Merseyside, England. It is published Monday to Friday and is published in Merseyside, Cheshire, and North Wales editions, and is a morning paper...
, with Mirror Group plc. As a condition of the merger Trinity Mirror was forced to sell the Belfast Telegraph group. The next year, the company acquired the regional publisher Southnews.
During 2005 the company introduced a number of measures to manage discretionary spending more carefully, some of which attracted press attention.
In 2007 the company sought to sell a number of titles: the Reading Chronicle
Reading Chronicle
The Reading Chronicle is an English local weekly newspaper covering Reading in Berkshire and surrounding areas, starting off as the Berkshire Chronicle.-Editions:...
was sold to Berkshire Media Group and 25 Trinity Mirror South titles were sold to Northcliffe Media
Northcliffe Media
Northcliffe Media Ltd. is a large regional newspaper publisher in the UK and Central and Eastern Europe, owned by the Daily Mail and General Trust. The company's name was changed to Northcliffe Media from Northcliffe Newspaper Group in 2007.It operates from over 30 publishing centres, and also...
. On 1 October 2007 it was announced that the sale of the Racing Post
Racing Post
The Racing Post is a British daily horse racing, greyhound racing and sports betting newspaper, appearing in print form and online.From 30 May 2011 - 3 July 2011 it had a circulation of 56,507.-History:...
had been completed: the entire sale process had raised £263 million.
In September 2008 the company announced that it would be closing the printing plant in Liverpool
Liverpool
Liverpool is a city and metropolitan borough of Merseyside, England, along the eastern side of the Mersey Estuary. It was founded as a borough in 1207 and was granted city status in 1880...
after 154 years of printing in the city, and transferring the work to Oldham.
In February 2010, Trinity Mirror acquired the regional M.E.N Media and S&B Media divisions of the Guardian Media Group
Guardian Media Group
Guardian Media Group plc is a company of the United Kingdom owning various mass media operations including The Guardian and The Observer. The Group is owned by the Scott Trust. It was founded as the Manchester Guardian Ltd in 1907 when C. P. Scott bought the Manchester Guardian from the estate of...
, containing 22 local titles across Northern England and in Surrey and Berkshire; this includes the Manchester Evening News
Manchester Evening News
The Manchester Evening News is a regional daily newspaper covering Greater Manchester in the United Kingdom. It is published every day except Sunday and is owned by Trinity Mirror plc following its sale by Guardian Media Group in early 2010. It has an average daily circulation of 90,973 copies...
and Reading Evening Post
Reading Evening Post
The Reading Post , is an English local newspaper covering Reading, Berkshire and surrounding areas. The title page of the paper features the Maiwand Lion, a famous local landmark at Forbury Gardens...
.
In March 2010,Trinity Mirror stated that it will end its bout of staff cuts and newspaper closures. The announcement came as the company reported pre-tax profits of £72.7m for 2009, exceeding analysts expectations.
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 DailyThe Daily Mirror
The Daily Mirror is a British national daily tabloid newspaper which was founded in 1903. Twice in its history, from 1985 to 1987, and from 1997 to 2002, the title on its masthead was changed to read simply The Mirror, which is how the paper is often referred to in popular parlance. It had an...
and Sunday Mirror
Sunday Mirror
The Sunday Mirror is the Sunday sister paper of the Daily Mirror. It began life in 1915 as the Sunday Pictorial and was renamed the Sunday Mirror in 1963. Trinity Mirror also owns The People...
, The People
The People
The People, previously known as the Sunday People, is a British tabloid Sunday-only newspaper. The paper was founded on 16 October 1881.It is published by the Trinity Mirror Group.In July 2011 it had an average daily circulation of 806,544....
, the Daily Record
Daily Record (Scotland)
The Daily Record is a Scottish tabloid newspaper based in Glasgow. It had been the best-selling daily paper in Scotland for many years with a paid circulation in August 2011 of 307,794 . It is now outsold by its arch-rival the Scottish Sun which in September 2010 had a circulation of 339,586 in...
(in Scotland), and other contract titles including titles for the Guardian Media Group
Guardian Media Group
Guardian Media Group plc is a company of the United Kingdom owning various mass media operations including The Guardian and The Observer. The Group is owned by the Scott Trust. It was founded as the Manchester Guardian Ltd in 1907 when C. P. Scott bought the Manchester Guardian from the estate of...
. Trinity Mirror also owns a number of local titles in Northern England and in Surrey and Berkshire, after acquiring a number of titles from the Guardian Media Group
Guardian Media Group
Guardian Media Group plc is a company of the United Kingdom owning various mass media operations including The Guardian and The Observer. The Group is owned by the Scott Trust. It was founded as the Manchester Guardian Ltd in 1907 when C. P. Scott bought the Manchester Guardian from the estate of...
in 2010. For a list of local and national titles owned by Trinity Mirror, see List of Trinity Mirror titles.