{"id":1836,"date":"2026-05-06T12:36:42","date_gmt":"2026-05-06T12:36:42","guid":{"rendered":"https:\/\/gw.adampg777.com\/?p=1836"},"modified":"2026-05-06T12:36:42","modified_gmt":"2026-05-06T12:36:42","slug":"reach-seeks-new-routes-to-offset-revenue-decline-daily-business","status":"publish","type":"post","link":"https:\/\/gw.adampg777.com\/?p=1836","title":{"rendered":"Reach seeks new routes to offset revenue decline \u2013 Daily Business"},"content":{"rendered":"<p><\/p>\n<div>\n<figure class=\"wp-block-image size-full\"><img decoding=\"async\" src=\"https:\/\/dailybusinessgroup.co.uk\/wp-content\/uploads\/2019\/07\/Record-and-Express.png\" alt=\"Record and Express\" class=\"wp-image-77589 lazyload\"\/><img fetchpriority=\"high\" decoding=\"async\" width=\"841\" height=\"599\" src=\"https:\/\/dailybusinessgroup.co.uk\/wp-content\/uploads\/2019\/07\/Record-and-Express.png\" alt=\"Record and Express\" class=\"wp-image-77589 lazyload\" srcset=\"https:\/\/dailybusinessgroup.co.uk\/wp-content\/uploads\/2019\/07\/Record-and-Express.png 841w, https:\/\/dailybusinessgroup.co.uk\/wp-content\/uploads\/2019\/07\/Record-and-Express-600x427.png 600w, https:\/\/dailybusinessgroup.co.uk\/wp-content\/uploads\/2019\/07\/Record-and-Express-300x214.png 300w, https:\/\/dailybusinessgroup.co.uk\/wp-content\/uploads\/2019\/07\/Record-and-Express-768x547.png 768w\" sizes=\"(max-width: 841px) 100vw, 841px\"\/><figcaption class=\"wp-element-caption\"><em>Reach has seen digital revenue fall<\/em><\/figcaption><\/figure>\n<p class=\"has-medium-font-size\">Reach, publisher of the Daily Record and Daily Express, saw group revenue plunge 6.9% in the first three months of the year as digital income fell sharply.<\/p>\n<p class=\"has-medium-font-size\">The company is now focusing on more cost cutting and diversified revenue streams in order to meet expectations for the year.<\/p>\n<p class=\"has-medium-font-size\">Disruption in search and referral volumes, mainly from Google, led to an 8.1% decline in digital revenue, with indirect revenue falling 10.5%. <\/p>\n<p class=\"has-medium-font-size\">Print income saw a 6.6% decrease, impacted by a 12.8% drop in advertising revenue, though circulation revenue remained relatively stable as cover prices were raised.<\/p>\n<p class=\"has-medium-font-size\">Despite these headwinds, the company is on track to deliver full-year market expectations, with an adjusted operating profit consensus of \u00a395.9 million, by focusing on cost reductions and diversifying revenue streams.<\/p>\n<p class=\"has-medium-font-size\">Actions include growing off-platform audiences, expanding video content and launching premium subscriptions which are now live across 11 sites.<\/p>\n<p class=\"has-medium-font-size\">Piers North,\u00a0chief executive, said: \u201cWe are undoubtedly in the middle of yet another big shift in the media world as the digital referral landscape continues to change, but we are navigating this uncertainty appropriately. <\/p>\n<p class=\"has-medium-font-size\">\u201cWe have the benefit of our scale and a portfolio of trusted brands, reaching 35m people every month and we continue to develop new revenue streams, in particular with our growing subscriptions business.\u201d<\/p>\n<p><!-- Simple Share Buttons Adder (8.5.3) simplesharebuttons.com -->           \t            <\/div>\n<p><script>\n!function(f,b,e,v,n,t,s)\n{if(f.fbq)return;n=f.fbq=function(){n.callMethod?\nn.callMethod.apply(n,arguments):n.queue.push(arguments)};\nif(!f._fbq)f._fbq=n;n.push=n;n.loaded=!0;n.version='2.0';\nn.queue=[];t=b.createElement(e);t.async=!0;\nt.src=v;s=b.getElementsByTagName(e)[0];\ns.parentNode.insertBefore(t,s)}(window,document,'script',\n'https:\/\/connect.facebook.net\/en_US\/fbevents.js');\n fbq('init', '1192059580980274'); \nfbq('track', 'PageView');\n<\/script>#Reach #seeks #routes #offset #revenue #decline #Daily #Business<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Reach has seen digital revenue fall Reach, publisher of the Daily Record and Daily Express, saw group revenue plunge 6.9% in the first three months of the year as digital&hellip; <\/p>\n","protected":false},"author":1,"featured_media":1837,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[245],"tags":[283,282,3307,2425,3309,1470,1272,3308,1029],"class_list":["post-1836","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-main-stories","tag-business","tag-daily","tag-daily-record","tag-decline","tag-offset","tag-reach","tag-revenue","tag-routes","tag-seeks"],"_links":{"self":[{"href":"https:\/\/gw.adampg777.com\/index.php?rest_route=\/wp\/v2\/posts\/1836","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/gw.adampg777.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/gw.adampg777.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/gw.adampg777.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/gw.adampg777.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=1836"}],"version-history":[{"count":0,"href":"https:\/\/gw.adampg777.com\/index.php?rest_route=\/wp\/v2\/posts\/1836\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/gw.adampg777.com\/index.php?rest_route=\/wp\/v2\/media\/1837"}],"wp:attachment":[{"href":"https:\/\/gw.adampg777.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=1836"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/gw.adampg777.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=1836"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/gw.adampg777.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=1836"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}