In the first round of corporate earnings since the double strike began, the financial hits are starting to come into view. Hollywood studios, streamers, and affiliated businesses have begun forecasting lower revenue, content spend, and a lower outlook for the year. The biggest impact so far has been seen with Endeavor, which expects a hit of about $25 million a month in revenue. Lionsgate also expects a revenue hit of about $30 million for the upcoming quarter. Meanwhile, Netflix is viewed as the best-positioned streamer to withstand the strike, thanks to its large library of content.
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