Regional newspapers are starving to death but can local journalism survive?

In October 2015, at a cost of £220m, Trinity Mirror, the parent company of Mirror newspapers and the Sunday People, took complete control of Local World – publisher of around 100 local newspaper titles. The purchase has worked out well for the newspaper group – This is Money reported that the company’s share price rose 7% to 80.0p on August 1 following the company’s announcement of a 42% increase in profits for the half year to £66.9m on revenues of £374.7m