Media Moves and News

Gannett progresses with revenues and paid digital subscriptions

May 9, 2022

Posted by Mariam Ahmed

Gannett, the nation’s largest newspaper publisher, has added 118,000 new digital subscribers in the first quarter of 2022, which marks an increase of 46 percent from the same period a year ago.

It is also on track to surpass 2 million by the end of the year. As Poynter reports:

“Gannett also said that digital circulation revenues were up 30% year-to-year. The percentages don’t match, but the company is having some success in moving added digital readers from cheap introductory rates to paying more.

“The company was not profitable, recording a small loss of $3 million on revenues of $748 million. (On an operating basis it did better). But there was a positive in the revenue figure.”

Read more here.

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