Zoo Digital signals recovery in streaming market after harmful Hollywood strikes

Subtitling and dubbing specialist Zoo Digital has told of a recovery in its work pipeline following the damaging impact of Hollywood strikes last year.

The Sheffield-based provider of media services to streaming companies said its customers have indicated the market is recovering, a trend which it expects to continue until late 2025. It told investors on the London Stock Exchange that it expects to deliver sales of least $27m (£20.2m) in the first half of its 2025 financial year - an increase of 28% on the prior year period and 42% up on the previous half.

Gillian Wilmot, chairman of Zoo, said: "The streaming industry continues its transition following strategic realignments and the strikes of 2023. Recent months have witnessed the early stages of recovery as major US media organisations have enacted their plans to adjust for a future in which traditional linear television plays a diminishing role. While many productions that resumed followin