Euronews returns to profitability, announces new chapter as Europe’s leading news provider

Euronews, Europe’s largest news media, has returned to profitability for the first time in 10 years, with the first positive EBITDA in 2024, announced Euronews chairman Pedro Vargas David marking “an amazing turning point for Euronews.”

Following a three-year “painful and difficult restructuring,” the Euronews chairman announced “a whole new beginning” for the network, strengthening its position as Europe’s leading news provider.

With the recent move of the central newsroom to Brussels, Euronews is now “the biggest established newsroom covering European affairs, being at the centre of what is happening in Brussels,” Pedro Vargas David said.

The Euronews chairman also announced the further expansion of the channel with the launch of the new Polish service on television and digital platforms based in Warsaw. Two further Euronews franchise channels will also be opened this year in Bosnia and Herzegovina and Montenegro, followed by two others later in 2025.

Also very important are the opening of Euronews offices in Astana, Baku and Tashkent, complementing the existing one in Doha for a much larger presence across the Middle East, the Caucasus and Central Asia. “We are definitely expanding, bringing the voice of Europe around the world,” David said.

These developments are based on the “very strong commitment to Euronews’ editorial principles and journalistic values,” the Euronews chairman said, highlighting the success of the channel’s European-perspective journalism by bringing “better stories, more stories to our audiences.” Euronews engages top-tier audiences, including global leaders, policymakers, executives and influential power players shaping Europe and the world.

Euronews' CEO and Editorial Director Claus Strunz said that