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July 31, 2024

Reach reports first digital revenue growth since 2022

On digital programmatic ad revenue it is "too early to call this a recovery, but the early indicators are positive".

By Charlotte Tobitt

The UK’s largest commercial publisher, Reach, has reported growth in its digital revenues for the first time since 2022.

Overall revenue in the first half of 2024 was down 5.2% year-on-year to £265m with print revenue down 6.1% to £204m and digital down by 1.3% to £60m.

However the publisher of the Mirror, Express, Daily Star, Manchester Evening News, Liverpool Echo and many other regional titles said “momentum” had improved in digital as revenues were down by 8.5% in Q1 but then up 6.7% in Q2.

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