Telegraph Media Group October Subscription Update
Telegraph Media Group (TMG) has passed the milestone of 500,000 digital subscribers,* it was announced today.
In 2018 TMG announced it was transforming its business to be subscription led, and set the strategic goal of reaching 1 million subscribers by 2023. Since the start of the year digital volume has grown by 30%, surpassing 500,000 digital subscribers ahead of target. In addition, our overall print and digital subscriber volume has grown by more than 100,000 since the start of 2021.
Nick Hugh, Chief Executive, TMG said: “I am delighted that we have seen such substantial subscription growth this year; every part of the business has contributed to this remarkable achievement, and this is yet another key milestone we have hit ahead of schedule.
“This success reflects the quality of our journalism and the continued investment in our digital transformation. As part of this investment we launched our new app earlier this year and it has played a key role in improving the digital experience for our subscribers.”
*TMG’s audited figures are published a month in arrears – October subscription figures will be published in November.
TMG’s latest audited figures for August 2021 saw 658,744 subscriptions across print and digital.
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