digital-apps

Digital ‘the only area of revenue growth’ at Trinity Mirror

Digital is providing the only area of revenue growth at Trinity Mirror as the group releases its latest trading update showing a continued decline in print despite £20m in cuts.

Print advertising is expected to fall by 21 per cent and circulation by 6 per cent, but digital display advertising and transactional revenue is to climb by 24 per cent, the company has said.

It put the rise down to the continued growth in digital audiences despite classified digital revenue still being “under pressure” amid a “challenging” trading environment.

The regional news publisher said it expects overall print revenue to decline by 12 per cent.

Read more…