By Finance Pulse in Transformative —

Streaming Profit Growth Surpasses Traditional TV for First Time in FY 2024

For the first time in fiscal year 2024, streaming profit growth has successfully offset declines in traditional pay-television, marking a pivotal shift in entertainment revenue dynamics.

A modern, sleek design featuring streaming service logos contrasted against fading traditional TV ic
Streaming Profit Growth Surpasses Traditional TV for First Time in FY 2024

Fiscal year 2024 was the first time profit growth from streaming offset declines in traditional pay-television profits.

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