Good morning! This morning's roundup is brought you by Peter.

Revenues down 16% at Buzzfeed UK, but losses cut by 60% — www.cityam.com

Buzzfeed's UK division, which covers operations outside the US, has reported a 16% drop in revenue for 2020, down to £18.9 million from £22.4 million the year before. But the good news - for the business at least - is that aggressive cost cutting has cut losses from £7.4 million in 2019 to £2.9 million in 2020. That's a reduction of more than 60%.

The blame for the £2.5 million drop in digital ad revenues is being put squarely on the pandemic. The reduction in losses is being attributed to 'effective management of cash and costs', including shutting down newsroom operations in the UK and Australia and selling operations in Germany and Brazil.

With Buzzfeed's HuffPost acquisition and the 17 or so HuffPost layoffs announced from that, the cost cutting doesn't seem to be over, but UK directors have said they “do not expect any significant impact” to Buzzfeed UK Ltd following the buyout.

Facebook moves into local-news market in the UK — www.thedrum.com

Facebook News is set to send you stories based on where you are. Everybody's favourite social network will be surfacing regional news alongside national. And, if you let a new local-news setting know where you are, it will show you what's going on in your town or city (assuming you still have a local paper).

What’s the best way to start a dialogue with readers of a print-first magazine? — internationalmagazinecentre.com

If you ever had to make up readers' letters for a magazine then you're probably as old as me. These days, audience communication is way more two-way and in this month's post for the IMC I've tried to outline the important steps in keeping the conversation flowing.

UK newspapers give more than 500 pages to Prince Philip within three days of his death — www.pressgazette.co.uk

Just in case you though it was just the airwaves that were given over to blanket coverage of the Duke of Edinburgh's death, Press Gazette has put together a breakdown of print coverage. At least 540 pages had had been dedicated to the Royal passing by Monday. If only there was an easy to use complaint form.

Today's throwback:

AgriBriefing CEO Rory Brown on growing niche media — voices.media

We're extending our Easter break while we put the finishing touches to the Awards, so no new episode this week. Instead here's Rory Brown, co-founder and CEO of AgriBriefing, speaking about building a niche B2B business (interview starts 20m 40s).

Have you got your ticket? — publisherpodcastawards.com

Talking of the Awards, the big day is approaching! It's free to register for a ticket, so why not sign up and have a peek? Wednesday April 21st, 4.30pm BST. See you there...