Euronews, Europe’s largest news media outlet, has returned to profitability for the first time in a decade, with the first positive EBITDA in 2024. The chairman, Pedro Vargas David, described this as a significant turning point for the network following a three-year restructuring process. The central newsroom has been moved to Brussels, solidifying Euronews as the biggest established newsroom covering European affairs. Additionally, the channel is expanding by launching new services in Poland, Bosnia and Herzegovina, and Montenegro, as well as opening offices in Astana, Baku, and Tashkent to increase its presence in the Middle East, the Caucasus, and Central Asia.
Euronews’ CEO and Editorial Director, Claus Strunz, emphasized the importance of access to trusted journalism in an increasingly polarized world. He highlighted the network’s commitment to providing diverse perspectives in an unbiased manner, essential for navigating the rapidly changing European landscape. Strunz emphasized that Euronews’ multilingual and multinational newsroom delivers unparalleled coverage, reflecting the varied opinions and views of its audience. He stressed that Euronews provides the type of journalism that Europe needs in these challenging times.
In addition to achieving positive EBITDA, Euronews experienced record digital performance in 2024 and strengthened its position as a leader in pan-European journalism. The network reached 31.5 million monthly active users and 1.06 billion page views across its digital platforms, with over 1.6 billion video views. Euronews also has a significant global social media presence, with 33.2 million followers across YouTube and other platforms and 2.8 billion impressions. These numbers reflect Euronews’ ability to reach diverse audiences and engage with them effectively, indicating a strong global presence and influence.
Since its inception in 1993, Euronews has been delivering impartial European news to audiences worldwide. With a reach of 495 million homes across 160 countries and an audience of over 400 million people every month, Euronews is a trusted source of news for many. The network employs 300 journalists of more than 30 nationalities working across 13 language editions to cover European and world news around the clock. Euronews’ commitment to journalistic values and editorial principles has allowed it to build a strong reputation as a reliable news provider with a global reach.
The announcement of Euronews’ return to profitability and record digital performance in 2024 signals a new chapter for the network. The continued expansion into new markets, the opening of offices in key regions, and the growth of its digital audience all contribute to Euronews’ position as a leading pan-European news outlet. By delivering diverse perspectives and unbiased reporting, Euronews has reinforced its commitment to informing and empowering audiences in Europe and beyond. With a strong presence on television, digital platforms, and social media, Euronews is well-equipped to meet the evolving needs of its audience in a rapidly changing media landscape.
In conclusion, Euronews’ chairman Pedro Vargas David’s announcement of the network’s return to profitability after a decade marks a significant achievement for the organization. By focusing on editorial principles, journalistic values, and audience engagement, Euronews has solidified its position as Europe’s leading news provider. The network’s expansion into new markets, growth in digital performance, and commitment to unbiased reporting reflect its dedication to delivering high-quality journalism that informs and empowers audiences globally. As Euronews looks ahead to the future, it is poised to continue its success as a trusted source of European news for a diverse and global audience.
