Reach plc

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Reach is a British newspaper, magazine and digital publisher, headquarter at Canary Wharf, London.
Reach is one of Britain's biggest newspaper groups, publishing 240 regional papers in addition to the national Daily Mirror, Sunday Mirror, The Sunday People, as well as the Scottish Sunday Mail and Daily Record. Since purchasing Local World, it has gained 83 print publications. The group's headquarters are at Canary Wharf in London.

Reach plc, formerly Trinity Mirror plc, is a national and regional news publisher. The Company is engaged in producing and distributing content through newspapers and associated digital platforms. It operates through four segments: Publishing, which includes all of its newspapers and associated digital publishing; Printing, which provides printing services to the publishing segment and to third parties; Specialist Digital, which includes its digital recruitment classified business and its digital marketing services businesses, and Central, which includes revenue and costs not allocated to the operational divisions. The Publishing segment publishes paid-for national newspapers and paid-for and free regional newspapers, and operates a portfolio of related digital products. The Printing segment operates five print sites with approximately 20 full color presses. Trinity Mirror Digital Recruitment operates three specialist job boards: GAAPweb, TotallyLegal and SecsintheCity.

Brands

ToDo: Brands

Company

Shareholders

Total Float: 86.6%
Source: MarketScreener.svg, Nov.2019

Structure

ToDo: CH

Timeline

  • May.2018: Trinity Mirror rebranded as "Reach", following shareholder approval.
  • Feb.2018: Trinity Mirror plc completed the acquisition of the UK publishing assets of Northern & Shell, including the Daily Express, Sunday Express, Daily Star and OK!

Articles

  • Mar.06.2018: Trinity Mirror boss Simon Fox scoops pay rise despite big fall in revenues. The owner of the Daily Mirror announced a sharp drop in revenues for 2017 yesterday. Trinity Mirror, which plans to change its name to "Reach" after its acquisition of the Express and Star newspapers, also revealed that Simon Fox, its chief executive, received a 19% increase in his total remuneration package last year to £893,000. The company, which owns more than 240 regional papers, including the Manchester Evening News, the Bristol Post and the Daily Record, regards consolidation with Northern & Shell, which publishes the Daily Express, the Daily Star and OK! magazine, as a bulwark against these trends. The £127m acquisition of the Express stable, owned by Richard DesmondPowerbase-graphic.svg, will give Trinity Mirror more scale, but also more reach. The two groups’ main titles have different politics, with the Express leaning to the right and the Mirror to the left, there is little overlap and few consumers buy both titles. The Times, Alexandra Frean.
  • Jul.2011: Sun and Mirror fined for contempt of court in Christopher Jefferies articles. The Daily Mirror has been fined £50,000 and the Sun £18,000 for contempt of court for articles published about a suspect arrested on suspicion of murdering Joanna Yeates. Three senior judges ruled that the tabloid newspapers breached contempt laws with their reporting of the arrest of Christopher Jefferies, Yeates's landlord, who was later released without charge and was entirely innocent of any involvement. Dominic Grieve, the attorney general, launched the contempt action against the newspapers in May, arguing that reports about Jefferies were "so exceptional, so memorable" that it presented a "risk of serious prejudice" to any potential future trial of Yeates's killer. The Guardian, Josh Halliday. See also Eight newspapers pay libel damages to Christopher Jefferies
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