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Telegraph CEO Heralds Digital Growth as Takeover Talk Swirls
- Publication set to get more subscribers from online than print
- Digital readers offer growth lifeline for news publishers
National and international newspapers including The Daily Telegraph.
Photographer: Christophe Morin/Bloomberg
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Britain’s Telegraph Media Group expects to pass a milestone in coming days, when it will get more subscribers online than from its newspapers.
The 164-year-old publisher of the Daily Telegraph and Sunday Telegraph has hit parity in digital and print, with total combined subscriptions of about 418,000, Chief Executive Officer Nick Hugh said in an interview this week. Hugh has hired dozens of journalists to boost output of exclusive journalism and digital subscriptions have grown by about 81,000 in a year.