ZEIT Publishing Group continues its growth and reports new revenue record
The ZEIT Publishing Group increased its revenue by 5 percent in the 2024 financial year to €306 million, reaching a new record high. Growth was driven in particular by circulation: subscriptions to the weekly newspaper DIE ZEIT exceeded 500,000 copies for the first time. Including magazines and additional offerings, the ZEIT Publishing Group now counts around 850,000 subscriptions in total.
Positive momentum continues in the digital business as well. Podcasts produced by the ZEIT Publishing Group now record 20 million downloads per month. With the launch of a new paid podcast subscription in February 2024, the company is strategically expanding its paid audio offering. The successful podcast brand ZEIT Verbrechen will embark on its first arena tour in 2025, with up to 10,000 attendees per event in Berlin, Düsseldorf, Munich and Hamburg.
On the social media platform TikTok, DIE ZEIT now reaches 30 million views per month, once again demonstrating its relevance among younger audiences.
The positive business performance is also reflected in team growth: the ZEIT Publishing Group now employs around 1,400 people, including more than 500 editors.
Translated from German.