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The Guardian - UK

Business

Joanna Partridge

Mirror publisher blames revenue decline on Facebook changes

Facebook Reach United States Daily Star Express

Daily Express and Daily Mirror mastheads — Reach, the publisher of the Daily Mirror, Daily Express and Daily Star, is continuing with its plans to cut operating costs by 5-6% this year. Photograph: Yui Mok/PA

The publisher of the Mirror, Express and Daily Star newspapers has blamed changes in the way Facebook displays news content for a slide in its digital revenues.

Reach, which also owns hundreds of regional newspapers including the Birmingham Mail, Liverpool Echo and Manchester Evening News, reported a fall in group revenue of almost 6% for the four months to 23 April.

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