Warning: This post was published more than 10 years ago.
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Earlier this month, Trinity Mirror announced a 13% fall in profits, and hence a wholesale review of its operations. Reaction to this news largely assumed it was the regional papers which were at most risk – but is it? Rumours I’m hearing are suggesting otherwise.
With a 14% year-on-year circulation decrease – the biggest in the Sunday newspaper market – The People is looking on shaky ground. Quite why this is a case when last week’s front page had the earth-shattering exclusive BB PETE PORN SHOOT SHAME (“The Big Brother star who won the hearts of millions with his shy charm is today exposed as a sex-mad gender-bender.”) is unclear to me. However, I’m hearing that The People is likely to be closed before long, as the decline in the Sunday newspaper market as a whole makes resuscitation of the newspaper an unlikely prospect. Although, of course, it’s not entirely unlikely that Trinity Mirror will ditch all its other titles as well, and get out of the newspaper business.
Matt Wells also alludes to the closure of The People in his latest missive about the decline of the tabloid over at Comment is Free. Oh, and we should all have a good laugh at the Daily Star for trying to teach it’s readers Greek in a week (maybe they should start with English), the Daily Mail for withdrawing its You supplement from the newstands after finally realising that there’s nothing in it which anyone would ever want to pay for, and The Sun for printing a front-page story congratulating itself on the previous day’s exclusive – which printing an apology for the very same exclusive on page six.
I do hope that’s cheered you up – unless, of course, you work at The People.