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Insider UK
Insider UK
Business
Peter A Walker

Reach reports 'challenging conditions' hitting revenue

Reach has reported digital revenue up 9.3% on last year, while print revenue was down 4.2% and overall group revenue fell by 0.9%.

The media group - which includes Insider and the Daily Record - stated that a "more challenging market" has impacted the digital growth rate and market yield, reflected in lower advertising demand.

Print "remains resilient", with action being taken on cover prices to strengthen circulation revenue, while "mitigating actions" are in place to help offset further newsprint inflation.

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