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Reach PLC
Mirror and Express publisher hit by advertising drop and Meta shift
...Jim Mullen, Reach chief executive, called on the UK government to bring together news groups and US tech companies such as Google to discuss what would be the “fair share” of revenues driven by news provided...
March 5, 2024
Reach PLC
Mirror publisher Reach to cut 450 jobs after Meta pulls back from news
...Jim Mullen, chief executive, said the move was also directly linked to the decision by Meta to cut support for news on Facebook....
November 8, 2023
FT Live
Building an AI-First Organisation
How can business leaders use AI to drive value?
Thursday, 25 AprilHôtel Lutetia, Paris, France
Reach PLC
Mirror and Express publisher blames digital revenue drop on Facebook move
...Chief executive Jim Mullen said: “Digital growth for the period has been materially affected by lower referral traffic across the sector, particularly following Facebook’s deprioritisation of news content...
July 25, 2023
Media
UK press slams axing of Facebook News as ‘urgent threat to democracy’
...The letter was signed by NMA chair Jim Mullen, who is chief executive of Mirror and Express owner Reach....
September 23, 2023
Reach PLC
UK media group Reach blames Facebook changes for sales decline
...Reach’s chief executive Jim Mullen said that “external factors continue to impact digital revenue [but] delivery of the customer value strategy is driving a higher-quality mix, underpinned by the strength...
May 3, 2023
Live news updates from January 11: Goldman Sachs makes job cuts, UK plans to send tanks to Ukraine
UK publisher Reach warns on profits and promises £30mn cost cuts
...Chief executive Jim Mullen pledged cost savings of £30mn during 2023 to mitigate the effect of “unavoidable headwinds” from difficult macroeconomic conditions....
January 11, 2023
FT Live
Future of Asset Management Europe
New fund firm models for Europe's resurgence
Tuesday, 12 NovemberLondon, UK
Reach PLC
Daily Mirror publisher explores using ChatGPT to help write local news
...Reach chief executive Jim Mullen told the Financial Times the company had set up a working group to examine how the tool might be used to assist human reporters compiling coverage of topics such as local...
February 19, 2023
Reach PLC
Daily Mirror publisher warns on profit and plans £30mn cost cuts
...The group’s chief executive Jim Mullen pledged cost savings of £30mn during 2023 to mitigate the effect of “unavoidable headwinds” from difficult macroeconomic conditions....
January 11, 2023
Live news updates from October 11: Nato to hold nuclear exercise, UK unemployment hits 48-year low
Reach blames marketing ‘blackout’ after Queen’s death for drop in advertising
...Jim Mullen, chief executive, praised his newspapers for the coverage of “a truly once in a generation event”....
October 11, 2022
Reach PLC
Mirror publisher’s ad sales hit by marketing ‘blackout’ after Queen’s death
...In a statement, chief executive Jim Mullen said the company had “made further good strategic progress as we continue to deliver quality content to a growing and increasingly engaged digital audience”....
October 11, 2022
Reach PLC
Reach journalists to vote on strike action
...Reach’s chief executive Jim Mullen was paid more than £4mn in the last financial year, while chief financial officer Simon Fuller received £3.4mn....
July 14, 2022
UK labour disputes
Reach journalists postpone strike after publisher calls in mediators
...A £4mn pay deal last year for chief executive Jim Mullen, who previously ran Ladbrokes Coral, has contributed to staff dissatisfaction, although people close to the company highlighted that much of the award...
August 25, 2022
Reach PLC
UK publisher Reach says advertising demand hit by Ukraine war
...Reach chief executive Jim Mullen said in a statement that the company had taken “swift action” as inflation would exceed previous expectations, adding that the group remained “strongly” cash generative....
May 5, 2022
Reach PLC
Daily Mirror publisher warns inflation will hit profits
...Jim Mullen, chief executive, told the Financial Times that “it’s not a small thing, but I think we’ve got a healthy business to manage it”....
March 1, 2022
Media
Daily Mirror publisher boosted by scrapping ‘nonsense’ online surveys
...But Jim Mullen, chief executive, said the attempt had been too crude given that many users supplied inaccurate information and others were put off visiting the sites altogether....
July 27, 2021
FT Live
Transforming the Finance Function with AI
Strategies for delivering advanced analytics, automation and decision-making
Thursday, 25 AprilDigital Conference
Coronavirus: NY state and Washington mandate jabs for healthcare workers — as it happened
News you might have missed …
...“Probably before the year’s out, we will employ more regional journalists than at any time in the past 10 years,” said Reach chief executive Jim Mullen....
August 15, 2021
News in-depthNewspaper industry
Local newsrooms still holding the front page for recovery
...“Probably before the year’s out, we will employ more regional journalists than at any time in the past 10 years, so that says everything,” chief executive Jim Mullen told the Financial Times....
August 13, 2021
News in-depthCyprus
EU’s halloumi diplomacy collides with reality of Cyprus dispute
...“Every tiny confidence-building measure in Cyprus takes years to achieve,” said Fiona Mullen, director of the Cyprus-based consultancy Sapienta Economics....
April 16, 2021
Reach PLC
Reach expects profits to top forecasts as online sales surge
...Chief executive Jim Mullen was brought in less than two years ago to transform the sprawling newspaper group into a digital media business.He said on Friday that Reach had “accelerated [its] strategy and...
January 8, 2021
Reach PLC
Reach to pay dividend on confidence in online news
...“Revenue performance was exceptional for a year with Covid-19,” said chief executive Jim Mullen, adding that digital revenue growth was evidence that his strategy to turn the publisher into a digital media...
March 1, 2021
Coronavirus latest: US vaccinates more than 50m people
Reach to pay dividend on confidence in online news
...Jim Mullen, chief executive, said the company had last year reached milestones in its digital transformation “ahead of original expectations” but added that “uncertainty resulting from Covid-19 clearly remains...
March 1, 2021
Reach PLC
Reach reports surge in digital revenue but print sales plunge
...The company’s chief executive Jim Mullen and chief financial officer Simon Fuller were paid almost £290,000 in cash bonuses last year and given £1.25m in share options as part of a long-term incentive plan...
November 27, 2020
Reach PLC
Newspaper group Reach offers share issue in lieu of dividend
...“Unusual times require other ways to reward shareholders,” chief executive Jim Mullen said....
September 28, 2020
UK companies
UK businesses from Barratt to Pets at Home fare well under lockdown
...Chief executive Jim Mullen who was brought in less than two years ago to transform the sprawling newspaper group into a digital media business, said Reach had “accelerated [its] strategy and we are ahead...
January 8, 2021
Jim Mattis
Mattis says Trump ‘tries to divide us’ in stinging rebuke
...“Probably the only thing Barack Obama and I have in common is that we both had the honour of firing Jim Mattis, the world’s most overrated general,” he tweeted....
June 4, 2020

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