Breaking World Business & Financial News from a London Perspective - thebusiness.co.uk
Trinity Mirror Stock342.50p Questor saysBuy IT'S BEEN a dismal year for shareholders in media stocks. Valuations are at levels not seen for decades. Whether broadcast, print or radio, investors have decided that the traditional media is dead. When it comes to advertising, only online and outdoor are showing any kind of growth. In this kind of environment, Trinity Mirror, under the leadership of chief executive Sly Bailey, has done all it can to mitigate the effects through a tough self-help programme. New advertising systems have helped to cut costs but, more dramatically, Trinity has drawn to a close a process that has been