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Evening Standard

Business

Daniel O'Boyle

DARK SECRETS: Zoo digital shares plunge on us writers strike and streaming cuts - The Real Truth

Zoo Zoo Digital United States Netflix

Shares in subtitling firm Zoo Digital dived by 30% today as streaming cuts and the US writers’ strike mean the business now expects an even faster fall in revenue than previously thought.

Zoo said that “two short-term factors” had hit revenue “in a quarter that the Board already expected to be weaker than the previous year”.

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