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Business News Media
Mirror owner interested in Express and Star
By Chris Cooke | Published on Wednesday 18 March 2015
Got three newspapers with declining circulations that you’re struggling to reinvent as profitable online businesses? I know, let’s buy some more!
So, Trinity Mirror, owner of the Daily Mirror, Sunday Mirror and Sunday People, is in talks with Northern & Shell about buying “certain newspaper assets”, which presumably means the daily and Sunday editions of the Express and the Star, the two newspaper titles that currently sit within the Northern & Shell group.
Though the talks are at an “early stage”, with Trinity Mirror saying yesterday that it “confirms that it is at an early stage of evaluating certain Northern & Shell assets [but] there is no certainty that any agreement will be reached in respect of the range of outcomes currently under consideration”.
Sometimes controversial Northern & Shell owner Richard Desmond asked his long-term business advisors to sound out possible bidders for his two newspapers late last year, having sold his big TV asset – Channel 5 – to Viacom last spring.