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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