Digital Media Company

The media business is becoming increasingly digital

Digital and mobile versions
Development of digital products greatly depends on customer expectations, while great emphasis is also laid on user convenience. All products and services need to be accessible and convenient to use in various smart devices. For this, digital outputs of all products are regularly upgraded. In 2021, several upgrades were carried out throughout the Group. With its revamped image, Delfi made a full transition to a new platform, thereby completing a major project Delfi 2.0. Õhtuleht Kirjastus launched a new digital package with crosswords and memory games as complementary products, and in addition various topical portals were launched, such as money, child, women, home, etc. Lithuania Delfi launched a digital subscription project M360 primarily aimed at professional use; Delfi Latvia launched a revamped subscription package Delfi+ which includes several products.
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Advertising customers go digital
With more restrictions, the economy was not shut down in 2021 as the year before, but they still impact the Group’s outdoor advertising companies and ticket businesses. At the same time it could be seen that advertising customers have adjusted to the situation and the growth of the advertising business demonstrates that the majority of companies have managed to become more digital, opened up or adjusted their trading patterns to e-channels and the advertising need has been restored.
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Podcasts and video podcasts
Podcasts made strong headway in 2021. Delfi with more than 50 programme formats is the market leader in its field in Estonia. During the coronavirus crisis, video podcasts also became popular, by today Delfi has permanently moved some of its podcasts to a video form. In terms of functionality, Delfi has developed, for example, stories that are familiar from Instagram. Delfi Tasku programmes can be listened to in all major applications such as Spotify, iTunes, Soundcloud, Google podcasts, Castbox, etc. Audio will undoubtedly remain in our focus both in the form of the podcasts as well as making articles in an audio format. In the background, development of the voice recognition robot is underway that would help automate this work.
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The addition of digital subscriptions will have a positive impact on the financial performance of Ekspress Grupp and is a proof that the Group’s long-term strategic direction is appropriate. One of our key goals is to grow digital subscriptions, because it will give the Group’s media publications a differentiated and an increasingly stronger digital revenue base. We are also actively working on technical solutions so that subscription and reading will become more convenient. We consider it important to extend the life of subscriptions, which can only be attained through exciting and diverse content.
– Mari-Liis Rüütsalu, CEO of Ekspress Grupp

Facts

The number of digital subscriptions of Ekspress Grupp increased by 62% in the Baltic States in 2021.
The number of paid digital subscriptions of Ekspress Meedia increased by 51% in a year and totalled 74 873, that of Õhtuleht Kirjastus increased by 52% and totalled 20 992 subscriptions.
In Latvia, the number of digital subscriptions increased by 57% in a year and totalled 17 549 at the end of 2021.
In Lithuania, the number of digital subscriptions was 17 433, increasing by 164% in a year.
Digital revenue of the Group accounted for 76% of revenue.
In 2021, we continued to grow and invest in digital products and we have also significantly expanded the production of video content which is a major strategic area in Lithuania. We have four video platforms – Delfi, YouTube, Facebook and a linear television channel with which we have achieved our goals and we are witnessing growth of both revenue and profitability.
- Vytautas Benokraitis, CEO of Delfi Lithuania
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