Reach: Profit picks up at Mirror publisher despite falling revenue Media The Euros and "effective" action on costs helped Reach successfully to shore up its bottom line despite continued dents to revenue due to falling circulations and changes to Meta's algorithm.
Local news publisher Mill Media to come to London Media Regional news outlet Mill Media will use capital raised in a successful fundraising round last year to launch a London operation by the end of 2024, the publisher has said.
Facebook and ‘major platforms’ still causing headaches for Mirror publisher Reach Media Reach has been hit by Meta's ranking of user-generated content above news on its social media sites, including Facebook.
JD Wetherspoon: Tim Martin puts notice up in 800 pubs over ‘false claims’ in press March 28, 2024 The notice refers to a number of articles, including two dated 29 December and 30 December 2023, from the Daily Mirror and Daily Record which Spoons said “made inaccurate statements”.
Reach: Mirror, Star and Express publisher warns of print and digital ad revenue drop March 5, 2024 Within the decline in revenue, it said print fell to £438.8m down two per cent, while and digital dropped a worrying 15 per cent.
‘All options open’: Strikes threatened at Mirror and Express over Reach job cuts November 14, 2023 The National Union of Journalists (NUJ) has said "all options are open", including strikes, after Reach brutally slashed 450 jobs last week.
Reach embraces TikTok after slashing over 2,000 jobs since 2010 November 8, 2023 Reach, owner of the Mirror and Express papers, is looking to hire social media influencers after it announced its largest mass culling of jobs since 2020 today. It comes as the British publisher has cut more than 2,000 roles since 2010.
Mirror and Express publisher Reach to slash another 450 jobs November 8, 2023 Reach, the publisher of Daily Mirror and Express papers, has said it is axing around 450 full-time jobs as part of a cost-cutting drive.
Digital revenue dives for Mirror and Express publisher Reach October 10, 2023 Digital revenue was down 13.7 per cent for the owner of the Daily Mirror and OK! magazine, Reach, in its third quarter, as the group grapples with tepid advertiser demand. The publisher said the slide in digital was due to depressed open market yields and declining digital referral volumes, especially as Facebook de-prioritises news. Over [...]
Reach: Mirror and Express publisher’s digital revenue hit by Facebook changes – but print shows promise July 25, 2023 Reach, the publisher of the Daily Mirror and Express newspapers, revealed a decline in digital but print has shown promising signs, as circulation revenue grows and print costs fall. The company reported digital revenues are down over 16 per cent from the same period last year to £217m, as page views tumble and lower referral [...]