The publisher of The Daily and Sunday Telegraph has said the majority of its annual sales now come from subscriptions thanks to a digital push as it looks to weather wider pressure on newspaper revenues and cost hikes.
Telegraph Media Group (TMG) – which was put up for sale in June after talks between their billionaire owners, the Barclay family, and lenders collapsed – reported a 2% rise in subscriptions to 734,000 in 2022, thanks to an 8% hike for digital subscriptions.
