In North America, The Economist’s largest market, digital subscribers rose 14.3 percent to 127,292. Overall, total digital subscribers rose to more than 303,000.
Digital circulation grew 47 percent in the United Kingdom, and 55 percent in Europe and the Middle East. Its fastest-growing market was Africa, which record a 59 percent increase.
“It is our goal to double the profitability of our circulation business within the next five years, and we remain on target to do so,” said Michael Brunt, chief marketing officer and managing director of circulation, in a statement. “Our profitability is driven by continued growth of digital subscriptions and tight management of our print circulation. Digital growth has already allowed us to cut 100k bulk print copies globally, which will be reflected in our next ABC report.”
The Economist has 1.2 million print subscribers, including 751,033 in North America.
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