Express & Star acquisition helps offset rising print costs for Reach

Reach (formerly Trinity Mirror) has published its first trading update since its acquisition of the Daily Express and Star from Northern & Shell at the end of February, with group revenues rising 11% over the 26 weeks to 1 July - versus a fall of 8% when the takeover assets are excluded.
These figures mask a deepening print crisis however with publishing revenue to fall by 8% and print collapsing by a further 10% with digital, long trailed as the publishers saviour, rising by just 1%.
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