Trinity Mirror back on the heels of Local World #MediaNews #Newspapers
Trinity Mirror Group have today announced that they are once again looking at a potential acquisition of Local World, the owner of some 100 print titles and 70 on-line titles. Industry consolidation seems to be accelerating as print volumes decline and the competition for on-line revenue generation services increases. In July of this year Trinity Mirror announced it was also interested in acquiring the Daily Express Newspaper. With potentially two large consolidation purchases in the pipeline, the geography of the media map in the UK is heading for some border definition changes.
In July 2015 the Local World bid was rejected by Yattendon Group, clearly two months is a long time in the publishing industry if this deal is back on the table only two months or so after being rejected. DMGT still own an interest in Local World. The run up to the end of 2015 looks like being a busy period in the UK Newspaper Industry.