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Revenue in the Times and the sun in the United Kingdom decreased last year, as digital initiatives failed to compensate for the decreases in printing.
However, Times Media has increased its profits from its profits while the news of the news of the results of Sun reduced its operational losses.
Meanwhile, Broadcasting News UK, which broadcast Talktv until the closure of the spring of 2024, achieved 50.4 million pounds, with a slight improvement of 53.9 million pounds in 2023. Talktv achieved 6.7 million pounds in its last year of broadcasting, an increase of 19 % of 5.6ma £ before the year, but the public letters “did” did not She meets expectations. ” This brings total losses so far from the project to 138.4 million pounds.
News newspapers announced their revenues by 3 % to 296.3 million pounds per year until June 30, 2024, with an operating loss/loss before the tax of 18 million pounds (improved nearly three quarters). The losses continued to deflation-after half in 2023-where the payments of the phone payments slowed.
For years, the publisher denied allegations of illegal activity in The Sun, saying that this behavior was confined to the world’s news. In January 2025 (after the relevant fiscal year), NGN admitted “illegal activities” in the sun and issued an “unambiguously unambiguous apology” by Prince Harry and his colleague Al -Muttalib Sir Tom Watson, who each received “fundamental” damage.
Last year, NGN presented a score of 13.7 million pounds in relation to legal fees for claimants and damages after re -evaluating piracy issues. This compares to the total cost of the company of 5.4 million pounds in 2023. Several piracy claims were issued in September 2022 to overcome the date of that month imposed by the court.
The broader costs related to issues decreased from 45.3 million pounds in 2023 to 26.8 million pounds last year, while another 935,000 pounds (£ 964,000 in 2023) incurred to obtain legal and professional fees related to the Administration and Standards Committee that dealt with penetration investigations in world news.
NGN said that the decrease in its revenues “was driven by structural declines in the printing market and the fluctuations of social platforms towards news content, which negatively affected both printed and digital advertising revenues” although cover prices reach 1.10 pounds on the week by January 2025, where it was made from 1 pounds in the previous year, while the release of Saturday and Sunday They exceed 20p to 1.80 pounds, respectively.
The publisher added that one of the fields of improved revenue is the degeneration and games section in Sun.
The profits improved before interest, taxes, destruction and firefighting (EBITDA) in news newspapers, from a loss of 58.9 million pounds in 2023 to a loss of 1.4 million pounds. This improvement has been put in decrease in newspapers and energy and reduced legal costs for one time, but partially met them through low revenues.
Digital advertising times and subscriptions
The revenue of the Times, which includes the Times, has decreased by 0.6 % to 383.4 million pounds in the year until June 30, 2024, while its operational and pre -tax profit increased by 0.2 % to 61 million pounds.
The strategic report of the company raised at Companies House said: “The rise in digital trading and advertising revenues, driven by an increase in subscribers and improved advertising experiences, did not compensate for declines in printed sales sizes and printed ads.”
Times Media Ebitda has increased by 27 % to 84.6 million pounds (or an increase of 18 % when excluding restructuring costs in the past two years) “due to the low cost base, with the help of low energy costs while reducing inflationary pressures, which compensate more than low returns for this year.”
None of the publishers is to put a trading number in ABC for printing anymore, but both included a comprehensive print and online crossing from PAMCO in its results. Sun said she was 26.6 million people in the United Kingdom in 2024, a decrease from 27.2 million in 2023. The Times said it had reached 13.7 million per month in the UK through both printing and digital printing in H1 2024.
The Sun’s UK fans via the Internet brutally decreased from 23.8 million people per month in 2023 to 23.4 million people, noting that “the fluctuation of the social platform approach to news content has negatively affected the digital fans across the industry.” The world reached 112 million people in June 2024, according to Meta Pixel.
However, the publisher said that he “is developing deeper reader relationships through the data of the strong first party, with an additional benefit represented in providing more targeted opportunities for our commercial advertisers” and that its relationships with the main technology platforms “still” strong “with the continued news payment agreements (including from News Corp with Openai).
During the fiscal year concerned, the sun released Display the member For lovers of racing coverage (cost 3 pounds per month from 27 pounds a year). Since then, it has launched Sun Club PARAL PAIWLL for articles with only organs and other privileges (at 1.99 pounds per month for a year, then 4.99 pounds per month-or 12 pounds, for a year, then 49.99 pounds).
The Times and The Sunday Times obtained 594,000 paid digital subscriptions at the end of the fiscal year, which constitute 84 % of the total subscriptions. This was a 5 % growth rate for the second year in a row. (Divide subscribers have grown in Times since 616000 according to the updated news Corp.)
The results were martyred with “strong” growth to participate outside the United Kingdom and said that international expansion will remain “an important field of focus.” The Times was deported from Theetimes.co.uk to Theetimes.com in June 2024 and the report said that “the key to growth will be in 2025 and beyond.” The publisher was also martyred in a new baptism – such as paternity, motherhood and London – and “targeted investments in the innovation of products”.
Each of the sun and times focus on an increasing video clip on the video, both short and long reliable. Sister Brand Talktv closed as a written channel in the Spring of 2024 and started her TV studios used to produce video for all UK news brands. The “important annual savings” was expected as a result, including through functional cuts. Talk (formerly Talkradio/Talktv) is produced from the radio studio studios.
[Read more: How The Sun became biggest UK newspaper on Youtube with 6 million subscribers]
The results of both publishers stated: “The council notes that the revenues of the connected television and the software videos in double numbers and that news UK are working to remove them so that all its commercial signs are in a good growth position.”
Since the end of the fiscal year, the Talk’s Star Talent Piers Morgan has acquired its YouTube ownership away from news UK although it still has a financial relationship that means that Ruert Murdoch takes a share of advertising revenues. Morgan had already gone on YouTube only about Talktv before the channel was closed, citing the defects of a daily program and the ability to follow the big YouTube.
The number of employees included in Times Media 646 was on average during the fiscal year (an increase of 594 in the previous year) with a restructuring of 3.2 million pounds (compared to 7.9 million pounds in 2023).
At News Group Newspapers was 581 employees (altitude from 549). Restructuring expenses increased from 3.3 million pounds to 4.3 million pounds.
The profits are combined by all companies affiliated with NewS UK in the news sector of the mother company. The latest quarterly news from News Corp During the three months until December 31, 2024, news UK Events showed that its printing operations with the DMG media have shown the closure of Talktv in increasing the EBITDA news sector by 30 %.
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