In Q1 2025 earnings calls, CEOs and CFOs from various publishing companies addressed concerns regarding the impact of President Trump's tariff policy and economic uncertainty. Most expressed confidence in their ability to sustain business growth despite these challenges. While overall digital advertising revenues were stagnant or slightly decreasing for companies like BuzzFeed, Dotdash Meredith, and Gannett, The New York Times reported a significant 12% growth in digital advertising credited to its diverse product range. Executives emphasized resilience and strategic effectiveness amidst volatility.
Advertising is likely to be volatile, given the macro uncertainty. However, Dow Jones is consistently reporting double digit revenue increases in key segments, and we anticipate that will continue.
We've had a strong start to the year, our strategy is working and our business is growing, demonstrating resilience amidst the current economic and geopolitical uncertainty.
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