The top three news media companies in the UK by revenue saw turnover increase in their latest full-year accounts, Press Gazette’s latest top 50 ranking shows.
Collectively the top 50 increased their revenue by £1.1bn compared with last year, representing a 3.1% increase reporting £37.5bn versus £36.3bn.
Most of the top UK media companies (29 out of 50) grew their revenue in their most recent accounts, while 17 saw decline and four remained stagnant.
RELX, the BBC and Informa topped the list with highest revenues, all posting more than £3.5bn.
Most of the accounts (30) cover the 2024 financial year, a period which saw inflation average 2.5% while gross domestic product (GDP, a key measure of the economy) grew by 0.4%.
Our ranking is based on the most recent full-year revenue reported by each business. Because not all companies break out their different revenue streams the same way — or at all — the below should be treated as an approximate guide to news media revenue. Press Gazette’s ranking only includes companies with a substantial news media or information element which have reported financial figures for the UK where available.
If you spot a company you think is missing, please email [email protected].
The largest single full-year revenue increase came at the BBC, where turnover in 2024 increased by £500m, or 9.3%, compared with 2023. This is a significant improvement on its 2023/24 results, when the broadcaster posted the biggest revenue decline among the top 50 – down £300m compared to 2022/23. It was boosted by growing licence fee and commercial income.
The BBC has retained its spot in second placesince Press Gazette’s last ranking.
News UK saw the biggest revenue decline, down by £86m after posting £641m in its full-year results for 2024/25 (down 11.8% from £727m). The publisher still retained the tenth spot in the ranking.
Source: Press Gazette