Trinity Mirror shares suffered a record one-day fall yesterday, as the advertising revenue has fallen by 12 -14%, the CEO said "All we can do is understand and react to what is going on, building our digital business and managing our cost base", Trinity Mirror publishes the Daily and Sunday Mirror and The People tabloids.
As thier advertisers are cutting costs as well, is this a trend in the USA as well, and is this bad news for all micro and macro contributors?
David