Free Cash Flow UncertaintyInvestor focus on the need for consistent free cash flow is weighing on valuation, as operational progress may not translate into sustained cash generation and keeps investors cautious.
Legacy Pay-TV Revenue DeclineDeclining Pay-TV revenue driven by secular subscriber trends and reduced legacy contract payments is shrinking a once-stable revenue source and creating headwinds during the shift to next-generation businesses.
Workforce Reductions And Restructuring CostsPlanned workforce reductions affecting approximately 15 percent of employees may generate significant severance and restructuring expenses that pressure liquidity.