Difference between locals and nationals

Daily Mail and General Trust remains confident in the future of the British newspaper industry in spite of the "slow and steady decline" of the print versions of local titles, according to its finance director, Peter Williams. He thinks the company's national titles - the Daily Mail and Mail on Sunday - will continue to do well in their newsprint format, but the regionals will "undoubtedly [have] a more multimedia future... The print side is in slow and steady decline but the online side is growing to compensate for it." (Via FT.com)