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Mirror buys Express titles from Richard Desmond

Richard Desmond This isn't a solution to the decline of print, but a way to make the most of a declining asset until someone finds a way of making serious money from news in the internet age. The other question is, what will happen to the journalism? The Express's front-page formula of health, weather and migrants is carefully aimed at its loyal but shrinking band of older, conservative readers. online shopping websites for clothes It would be a brave owner who took it in a radical new direction. Its Euroscepticism in particular has a long history. The Express was one of the few papers to oppose joining the Common Market in the early 1970s, although it did eventually back "yes" in the 1975 referendum. As well as the Mirror titles, Trinity shopping online Mirror also owns a string of leading local papers and is the UK's biggest regional newspaper owner. It publishes the Daily Record, the Sunday People and more than 200 regional newspapers, including the Birmingham Post and the Manchester Evening News. The price being paid by Trinity Mirror is only slightly above the 125m paid by Mr Desmond for the Express titles in 2000. The newspaper industry faces many challenges, including the growing move to online readership and the dilemma between charging readers, who may then refuse to pay and get their news elsewhere for nothing, or giving away content and risk failing to cover costs through advertising. Mr Desmond's other interests include the Health Lottery, which he has run since 2011.

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