Zoo Digital narrows losses as Hollywood recovers from damaging strikes

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Subtitling and dubbing services firm Zoo Digital has hailed a rise in revenues and narrowed losses as it recovers from the impact of Hollywood strikes last year.

The Sheffield-based firm says it cut operating losses from $10.9m (£8.5m) to $2.5m (£1.9m) in the six months to the end of September, as revenues in the same period increased 29% to $27.6m (£21.5m). Interim results published to the London Stock Exchange detail how Zoo has cut salary costs by $4.5m (£3.5m) and grown its freelancer network as part of a streamlining exercise in the face of the industry downturn. It said the measures put it on a strong footing to return to cashflow breakeven.

Bosses said the entertainment industry recovery is expected to continue steadily, and throughout 2025 and that while the firm had traded in line with full year expectations throughout the first half of its 2025 year, the visibility of fourth quarter orders was “limited”.

During the period Zoo launched an Italian operation in Milan and said it now had Indian production centres up and running. Since the period end it has also secured additional debt finance, giving it $5.6m in total.

Stuart Green, CEO of Zoo Digital, said: “These results demonstrate that Zoo is recovering well from the impact of the Hollywood strikes and aligning with our customers’ evolving content strategies. Taking action to deliver efficiencies, including relocating some operations to India; embracing innovations such as artificial intelligence; and the pursuit of opportunities in new regions, have seen Zoo become a more agile and efficient business, ready for the next chapter of our growth story.

“As we approach a new year, investments in scalable technology and global talent have enabled us to expand our service offerings, and partnerships with leading content creators and distributors have strengthened, underscoring our position as a trusted partner in the media and entertainment industry. We remain focused on driving innovation, operational excellence and efficiency in an evolving digital landscape which should position Zoo well to return to cash breakeven as our industry recovers.”

Original artice – https://business-live.co.uk/all-about/yorkshire-humber

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Zoo Digital narrows losses as Hollywood recovers from damaging strikes

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