Cash Flow And Leverage RiskRebuilding the content pipeline can pressure cash flow and increase leverage, limiting financial flexibility for strategic investments.
Revenue PerformanceReported revenue fell to $475 million, about a 21% year-over-year decline, and missed analyst estimates, reflecting near-term top-line weakness.
Television Recovery And Streaming DemandTelevision production has not fully recovered, and ongoing cost controls at streaming platforms may keep demand for new TV content muted, constraining TV revenue recovery.