Reach shares rally as optimistic guidance offsets revenue decline
2nd May 2024 08:23
(Sharecast News) - Shares in publishing firm Reach rallied early on Thursday as optimistic guidance helped offset news of a decline in first-quarter revenues.
Read moreFall in digital revenue drives weaker year for Reach
5th Mar 2024 07:22
(Sharecast News) - British media company Reach reported a 5.4% decline in revenue in its annual results on Tuesday, to £568.6m.
Read moreUK's Prince Harry wins damages from Daily Mirror over phone hacking
15th Dec 2023 14:09
(Sharecast News) - Britain's Prince Harry on Friday won a substantial part of his phone-hacking case against the Reach-owned Daily Mirror tabloid newspaper and other titles.
Read moreReach digital revenues fall in Q3
10th Oct 2023 07:57
(Sharecast News) - Publisher Reach said on Tuesday that digital revenues had taken a dive in the third quarter, principally due to "depressed open market yields" and declining digital referral volumes.
Read moreReach profits fall as Facebook relegates news content
25th Jul 2023 07:20
(Sharecast News) - UK newspaper publisher Reach reported a 23.5% fall in half-year operating profit as it was hit by Facebook's decision to relegate news content.
Read moreFacebook news changes 'hit Reach sales'
3rd May 2023 09:07
(Sharecast News) - Daily Mirror publisher Reach said revenues fell 6% in the four months to April 23 with the company citing changes in the way social media platform Facebook presented news content.
Read moreReach to put 400 jobs at risk of redundancy
14th Mar 2023 12:06
(Sharecast News) - More job cuts are on the way at newspaper and magazine publisher Reach, with more than 400 roles at risk of redundancy, the company and National Union of Journalists said on Tuesday.
Read moreReach shares fall as CEO warns on tough 2023
7th Mar 2023 08:29
(Sharecast News) - Shares in Daily Mirror publisher Reach fell more than 5% in early London trade after the newspaper group warned that economic headwinds would persist into the current fiscal year.
Read moreShares plunge as Reach warns on profits
11th Jan 2023 07:38
(Sharecast News) - Shares in Reach plunged in early trading on Wednesday, after the newspaper publisher warned on profits and pledged to cut costs by "at least" £30m.
Read moreNational World says it won't make offer for Reach
23rd Nov 2022 13:13
(Sharecast News) - National World said on Wednesday that it has no intention of making a firm offer for larger rival Reach.
Read moreNational World in early stages of exploring offer for Reach
4th Nov 2022 07:39
(Sharecast News) - National World confirmed late on Thursday that it was in the early stages of exploring a possible offer for larger rival Reach.
Read moreReach says sales up after Queen's death, sees World Cup boost
11th Oct 2022 07:36
(Sharecast News) - Daily Mirror publisher Reach on Tuesday said sales volumes of its newspaper titles rose by about a third after the death of Queen Elizabeth last month but added that September advertising revenue was reduced during the national mourning period.
Read moreDaily Mirror publisher Reach posts drop in H1 profits amid cost pressures
26th Jul 2022 08:59
(Sharecast News) - Reach tumbled on Tuesday after the newspaper and magazine publisher posted a drop in first-half profits and revenues amid cost pressures and warned that digital growth would remain "subdued".
Read moreReach digital growth rate hit by 'more challenging' market', shares slump
5th May 2022 09:01
(Sharecast News) - Reach shares tumbled on Thursday after the Daily Mirror owner reported a drop in group revenue and said advertising demand had taken a hit as brands have been reluctant to place ads alongside news about the Ukraine war.
Read more